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Fredonia Mining Announces Positive PEA for EDM Highlighting 146,000 oz AuEq Annual Production, US$1.49 Billion NPV10 and 65% IRR

Updated Mineral Resource of 2.76 Moz AuEq Measured and Indicated + 1.09 Moz AuEq Inferred | Business Case for 183,000 oz AuEq Average Annual Production During First Five Years | 17+ Year Mine Life Updated Mineral Resource of 2.76 Moz AuEq Measured and Indicated + 1.09 Moz AuEq Inferred | Business Case for 183,000 oz AuEq Average Annual Production During First Five Years | 17+ Year Mine Life