Archon Minerals Limited Reports Earnings Results for the First Quarter Ended August 31, 2022

Archon Minerals Limited is a Canada-based company engaged in exploring mineral properties in the Northwest Territories (NWT). The Company is engaged in the business of diamond exploration in the NWT of Canada. The Company’s exploration projects include Buffer Zone Project, WO Block Project and Monument Diamond Project. The Company owns 100% interest covering approximately 200,000 acres of mineral leases in the western Buffer Zone, as well as interests in other diamond exploration properties in the area. The Company has an approximate 17.57% working interest in mineral claims known as the WO Block Project, which is situated in Lac de Gras area. The Monument Property is situated in the Lac de Gras area.