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Western Pacific Announces Appointment of New Chief Financial Officer - 7/13/2020 7:00:00 AM ET
VANCOUVER, BC, July 13, 2020 /CNW/ - (TSXV: WRP) Western Pacific Resources Corp. ("Western Pacific" or the "Company"), is pleased to announce the appointment of Mr. Matthew Roma as Chief Financial Officer and Corporate Secretary of Western Pacific effective July 13, 2020.

Core Gold Announces Restoration to Good Standing of Local Subsidiary Elipe S.A. - 9/4/2018 8:00:00 AM ET
VANCOUVER, British Columbia, Sept. 04, 2018 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) is pleased to announce that further to its June 5^th, 2017 and January 19^th, 2018 news releases, its local subsidiary Elipe S.A has been deemed in corporate good standing by Ecuador’s government once again.

Core Gold Announces Start of Drilling Campaign at Linderos Property - 7/9/2018 8:00:00 AM ET
VANCOUVER, British Columbia, July 09, 2018 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V:CGLD) (OTCQX:CGLDF) is pleased to announce that is has begun a 1,700m Phase 1 drilling campaign at its wholly owned Linderos property in Ecuador.

Interview with Keith Piggott, CEO, Core Gold Inc. (TSXV: CGLD, OTCQX: CGLDF): Growing Gold Production in Ecuador - 6/27/2018 1:56:00 PM ET

Core Gold Inc. (TSXV: CGLD, OTCQX: CGLDF) is a Canadian based mining company involved in mining, exploration and development of mineral properties in Ecuador. Core Gold is currently focused on gold production at its wholly-owned Dynasty Goldfield project, located in Loja Province in southwestern Ecuador, and on continued development at its Zaruma mine, located in the Zaruma-Portovelo Mining District of southern Ecuador. We learned from Keith Piggott, CEO of Core Gold, that the Dynasty Goldfield open-pit mine is currently producing 1,800 ounces a month and by the end of this year will ramp up to 4,000 a month making a nice cash flow. The company also owns the Portovelo mineral plant, located close to the Zaruma mine operations. The most exciting part of the company, according to Mr. Piggott, is its significant gold exploration projects, including the Linderos and Copper Duke area in southern Ecuador, all of which are on the main Peruvian Andean gold-copper belt, extending into Ecuador.

Core Gold Produced 5,528 Ounces of Gold in Q1 2018 and Provides a Corporate Update - 5/31/2018 8:00:00 AM ET
VANCOUVER, British Columbia, May 31, 2018 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSXV:CGLD) (OTCQX:CGLDF) is pleased to provide an update on gold production and a general corporate update.

Q1 2018 Production Update

For the three months ended March 31^st, 2018, the Company produced approximately 5,528 oz of gold (Q1 2017 – 1,170 oz) and sold 5,484 oz of gold (Q1 2017 – 781 oz). Average realized gold price was approximately $1,350/oz (Q1 2017 - $1,234/oz).

As of March 31^st, 2018 the Company has already produced over a third of its 2017 annual production of 14,817 ounces Au. All of the Company’s production for the past quarter has come from its 100% owned Dynasty Goldfield project.

The Company is on track to reach its previously disclosed target of approximately 22,000 to 26,000 ounces of gold production for 2018.

Keith Piggott, President and Chief Executive Officer of Core Gold, commented: “We are very pleased to announce the continuing ramp up in gold production from our Dynasty Goldfield mining unit. For the balance of fiscal year 2018 we will seek to continue optimizing production at Dynasty Goldfield and begin executing on our expansion plans at the Portovelo processing plant which will allow us to increase production in 2019 and beyond.”

Elipe S.A. – Amended payment plan to restoration of good standing

As per the Company’s previous news releases, Elipe S.A. (“Elipe”), the Company’s wholly owned local subsidiary, has experienced financial distress due to the level of legacy payables and other legacy liabilities (which includes, among other things, supplier payables, government payables and payroll remittances). Since the change in management in September 2016, new management has focused its efforts to rectify the situation with the liability holder’s government appointed representative (the “Representative”) as part of its commitment to normalizing payables and stabilizing operations.

If the Company does not rectify the situation in a timely manner, there is a risk that the Representative may take legal action against Elipe, which may involve, among other things, dispositions of assets in order to fund outstanding liabilities.

As per the Company’s June 5^th, 2017 news release, the Company signed a payment plan contract (“Payment Plan Contract”) with the Representative to improve Elipe’s financial condition and provide a pathway for Elipe S.A to be released from liquidation while allowing for Core Gold to maintain normal operations and postpone any actions by the Representative against its assets, provided Elipe funds various outstanding liabilities on the following schedule:

Date	Payment (‘000)

Initiation of Payment Plan Contract (paid)	$	100
July 2017 to August 2017 (paid)	$	500 per month
September 2017 to October 2017 (paid)	$	550 per month
November 2017 to December 2017 (paid)	$	600 per month
January 2018 to March 2018 (paid)	$	650 per month
April 2018 to May 2018 (see amendment below)	$	700 per month
June 2018 (see amendment below)	$	3,800
TOTAL	$	10,550

During the month of May 2018, the Company amended the payment plan contract (“Amended Payment Plan Contract”) to continue to conduct its mining operations and postpone any actions by the Representative against its assets, provided Elipe funds various outstanding liabilities on the following revised schedule:

Date	Payment (‘000)

June 2018 to August 2018	$	400 per month
September 2018 to April 2019	$	712 per month
May 2019	$	724 per month
TOTAL	$	7,620

Investabank S.A. (“Investa”) debt facility update

As per the Company’s December 1^st, 2017 news release, the Company executed a term sheet with Investa Bank S.A. (“Investa”) to arrange a debt facility for up to USD $15,000,000. The original expected closing date for the debt facility was March 31^st, 2018.

All technical and project due diligence required by Investa has progressed satisfactorily. Due diligence items have included a long term mine plan for the Company’s Dynasty Goldfield mining unit along with engineering and capital expenditure studies for Company’s Portovelo plant expansion.

As per the advice received from Investa and the Company’s legal advisors however, the senior security over assets required of the Investa facility was not feasible to put in place in Ecuador before the previously announced closing date of on or before March 31^st, 2018.

This delay is due to a longer than expected timeline for restoration of the Company’s local subsidiaries into good standing by local liability holder’s government appointed representative (the “Representative”) as part of its commitment to normalize payables and stabilize operations at Elipe.

Management and Investa are exercising their best effort to close on the debt facility and the Company will provide an update on a timely basis.

About Core Gold Inc.

The Company is a Canadian based mining company involved in the mining, exploration and development of mineral properties in Ecuador. The Company is currently focused on gold production at its wholly-owned Dynasty Goldfield project and continued development at its Zaruma mine. Mineral is treated at the Company’s wholly-owned Portovelo treatment plant close to the Zaruma mine operations. The Company also owns other significant gold exploration projects including the Linderos and Copper Duke area in southern Ecuador all of which are on the main Peruvian Andean gold-copper belt extending into Ecuador.

For further information please contact:

Keith Piggott, CEO

Keith Piggott Announces Acquisition of Common Shares and Warrants - 5/7/2018 4:40:00 PM ET
VANCOUVER, British Columbia, May 07, 2018 (GLOBE NEWSWIRE) -- Mr. Keith Piggott, with an address at c/o Suite 1201, 1166 Alberni Street, Vancouver, British Columbia, V6E 3Z3, announces that he has acquired ownership and control of common shares ("Shares") and share purchase warrants of Core Gold Inc. (the "Company"), including in connection with a private placement by the Company of an aggregate of 4,509,941 units (the "Units") of the Company at a price of $0.30 per Unit for gross proceeds of $1,352,982.30 (the "Private Placement"). Each Unit consists of one Share and one-half of one share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase one Share at a price of $0.45 until May 4, 2020, subject to acceleration in the event that the closing price of the Shares is $0.60 or higher over a period of ten (10) consecutive trading days.

Core Gold Announces Completion of $1,623,501 First Tranche of Private Placement - 4/2/2018 6:00:00 PM ET
VANCOUVER, British Columbia, April 02, 2018 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSXV:CGLD) (OTCQX:CGLDF) is pleased to announce that it has closed the first tranche of its previously announced (on February 26, 2018) non-brokered private placement of units for aggregate gross proceeds of up to $4,250,000 (the "Private Placement").

Core Gold to Present at the 2018 PDAC Conference and Grants Stock Options - 2/27/2018 4:00:00 PM ET
VANCOUVER, British Columbia, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSXV:CGLD) (OTCQX:CGLDF) is pleased to announce that the Company will be exhibiting at the 2018 Prospector & Developer Association of Canada (“PDAC”) Conference, and the granting of stock options.

Core Gold Announces Closing of Oversubscribed Private Placement - 12/28/2017 4:00:00 PM ET
VANCOUVER, British Columbia, Dec. 28, 2017 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSXV:CGLD) (OTCQX:CGLDF) is pleased to announce that it has closed the second and final tranche (the "Second Tranche") of its non-brokered private placement of units first announced on December 1, 2017 (the "Private Placement").

Core Gold Announces Completion of $948,900 First Tranche of Private Placement - 12/18/2017 4:25:00 PM ET
VANCOUVER, B.C., Dec. 18, 2017 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSXV:CGLD) (OTCQX:CGLDF) is pleased to announce that it has closed the first tranche of its previously announced (on December 1, 2017) non-brokered private placement of units for aggregate gross proceeds of up to $1,300,000 (the "Private Placement").

Core Gold Announces Proposed US$15,000,000 Debt Facility and $1,300,000 Private Placement - 12/1/2017 4:00:00 PM ET
VANCOUVER, British Columbia, Dec. 01, 2017 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSXV:CGLD) (OTCQX:CGLDF) is pleased to announce it has signed a term sheet with Investa Bank S.A (“Investa”) to arrange a debt facility for up to US$15,000,000. Core Gold’s current loan outstanding to Vertex may be restructured into the Investa Facility.

Dynasty Announces Name Change to "Core Gold Inc.," New Trading Symbol "CGLD" and Continuation Into British Columbia - 9/27/2017 1:29:00 PM ET
VANCOUVER, British Columbia, Sept. 27, 2017 (GLOBE NEWSWIRE) -- Dynasty Metals & Mining Inc. ("Dynasty" or the "Company") (TSXV:DMM) (OTCQX:DMMIF) is pleased to announce that effective September 28, 2017, the Company's name will be changed to "Core Gold Inc." and its common shares will commence trading on the TSX Venture Exchange under the new trading symbol "CGLD". The Company's new website is www.coregoldinc.com.

Dynasty Announces Annual General and Special Meeting Voting Results - 8/30/2017 7:37:00 PM ET
VANCOUVER, British Columbia, Aug. 30, 2017 (GLOBE NEWSWIRE) -- Dynasty Metals & Mining Inc. ("Dynasty" or the "Company") (TSXV:DMM) (OTCQX:DMMIF) is pleased to announce the results of its annual general and special meeting held on August 17, 2017 in Vancouver, British Columbia (the "Meeting").

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