Mosaic Begins Drilling on 113 North

Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or the “Company”) announces that it has started the drilling campaign of a minimum of 1,000 meters on the 113 North property. The company’s management wants to test the possible continuity of an ultramafic associated with the Fortin/Ducros showing of Québec Nickel, located approximately 300 meters south of the property boundary.

Mosaic Intersects 120 Meters at a Grade of 0.23% Ni on Gaboury

Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or the “Company”) announces that it intersected in hole GA-22-10 a grade of 0.23% Ni over a strike length of 120 meters. This hole is located about 200 meters in western extension of hole GA-21-08. Another nickel zone grading 0.25% over 17.55 meters was also intersected in this same hole.

Mosaic Hires GoldSpot Discoveries to Work on the Gaboury Project

Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “The Company”) announces that it has hired GoldSpot Discoveries Corp. (TSX-V : SPOT), a leading technology company leveraging artificial intelligence and data science to transform the mineral discovery process, to apply its proprietary machine learning and geoscience expertise at the Gaboury Nickel Project in Témiscamingue, Québec.

Mosaic Completes the First Part of its Drilling Campaign on Gaboury

Mosaic Minerals Corporation (CSE: MOC) announces that it has completed the first part of its 2022 drilling program. The objectives of this 1000-meter campaign were to test by drilling (holes GA-22-10 and GA-22-11) the western extension of the Pike Ouest nickel showing as well as hole GA-22-09 an area located between holes GA-21-07 and GA-21-08 which led to the discovery of this index in 2021.

Mosaic Minerals Closes $500,000 Private Placement

MONTRÉAL, June 01, 2022 — Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or the “Corporation”) is pleased to announce that it has closed a private placement (the “Offering”), pursuant to which it issued 2,500,000 flow-through units (the “FT Units”) of the Corporation at a price of $0.12 per flow-through unit and 2,000,000 units (the “Units”) of the Corporation at a price of $0.10 for aggregate gross proceeds of $500,000.

Mosaic Renewed Its Drilling Permit

Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or the “Company”) announces that it has obtained the renewal of its forest intervention permit for the period 2022-2023 allowing the continuation of drilling on the Gaboury project located in Témiscamingue, Quebec. The Company management is also awaiting the renewal of another round of permits for the same project.