LGC Lavras Gold Corp

Good, old-fashioned boots on the ground field exploration has yielded a potentially game-changing discovery for Lavras Gold Corp. (TSXV: LGC, OTCQB: LGCFF). Drilling at the new Fazenda do Posto discovery on the Company’s LDS Project in southern Brazil has returned assay results with remarkably continuous mineralization of 340 metres grading 1.09 g/t gold from 117 metres including:

• 160 metres grading 1.79 g/t gold from 199 metres including
  • 27 metres grading 2.07 g/t gold from 208 metres
  • 68 metres grading 2.09 g/t gold from 293 metres.

Drill hole 23FP002 was collared roughly 150 metres west of the Butiá Gold Deposit, which has an NI 43-101 gold resource (see details below) of approximately 500,000 ounces.

The hole tested a blind target with no obvious signs of surface mineralization in an area of recessive topography across an interpreted northeast trending fault. The hole was drilled north on a 020 degree azimuth and a dip of 060 degrees.

“This new discovery on our Fazenda do Posto claim block is a potential game changer for Lavras Gold,” said Michael Durose, Lavras Gold’s President and CEO. “It is remarkable that we have discovered a long, continuous bulk-tonnage disseminated style of gold mineralization in this intrusive-hosted gold system only 150 metres from the western edge of the Butiá Gold Deposit.

“This is a blind gold discovery associated with an interpreted down-dropped block of rock across a northeast trending fault. The discovery was made by good old-fashioned field geology with boots on the ground.

“Congratulations to our entire team in Brazil for this excellent outcome. We have two drill rigs in this target area and will vigorously follow up with the goal of fast-tracking the process of defining the geometry and grade distribution of this important new discovery.”

Learn more about these exploration results during a webinar August 30

Join CEO Michael Durose for an exploration webinar on August 30, 2023 at 11:00 am ET. Click the following link to register now:

https://us02web.zoom.us/meeting/register/tZIlcu-urjsrGtKLZEqTwTS2MVOIL-W4JY9G

Discussion of drilling results

The Fazenda do Posto discovery is located along the western edge of the Lavras do Sul intrusive complex approximately 4.7 kilometres southwest of the town of Lavras do Sul (Figure 1). Drill hole 23FP002 was collared about 150 metres west of the Butiá Gold Deposit (Figure 2) in an area of recessive topography.

A BLIND DISCOVERY

There is no obvious surface expression of this gold discovery. A surface gold-in-soil anomaly occurs immediately to the east of Fazenda do Posto and is associated with the Butiá Gold Deposit (see Figure 3).

Butiá hosts an NI 43-101 compliant near-surface gold resource of about 500,000 ounces, as detailed in the NI 43-101 Technical Report Mineral Resource for Butiá Gold Prospect dated and effective January 25, 2022. The report was prepared by VMG Consultoria e Soluções Ltda. for Lavras Gold Corp. and is available on the Company’s website and www.sedar.com under Lavras Gold’s issuer profile.

The area where drill hole 23FP002 was collared was previously interpreted to be outside of the favourable rocks hosting the Lavras do Sul gold deposits in the Fazenda do Posto granodiorites.

However, a reinterpretation of the previous drill hole information from the Butiá Gold Deposit, combined with field observations that the area west of Butiá was associated with recessive topography, and possibly related to a zone of hydrothermal alteration that was causing this recessive feature was the reason to test this target.

Further interpretation suggested that there was a northeast trending fault, and that it was possibly related to major crustal-scale structures known in the district. This interpretation was reaffirmed by a drone aeromagenetic survey that Lavras Gold completed in the area.

Drill hole 23FP002 was collared with an azimuth of north 020 and an inclined angle of 060 degrees. A cross section looking west at 23FP002 is shown in Figure 4. The hole encountered 114 metres of overlying cover rock interpreted to be the Fazenda do Posto granodiorite. The bottom of this granodiorite appears to be silicified or albitized. This alteration has almost completely replaced the original quartz and feldspar minerals in the granodiorite (see Figure 5). There is virtually no gold detected in this rock which may be acting as a cap and thereby masking any gold anomalism at surface. The hole then enters a long continuous interval of gold-mineralized red-brick coloured episyenite from 114 metres to 431 metres (Figure 6), with smaller intervals of moderately mineralized perthitic granite. This is followed by mineralized perthitic granite from 431 metres to 453 metres, and then unmineralized perthitic granite to the bottom of the hole at 465 metres.

The highlights of drill hole 23FP002 gold assay results are 340 metres grading 1.09 g/t gold from 117 metres including:

• 160 metres grading 1.79 g/t gold from 199 metres including
  • 27 metres grading 2.07 g/t gold from 208 metres
  • 68 metres grading 2.09 g/t gold from 293 metres.

The gold mineralization is hosted in a brick-red coloured hydrothermally altered intrusive rock called “episyenite,” which consists of approximately 95% potassium feldspar, 1-3% black iron-rich chlorite, 1-2% millimetre-scale grey-white carbonate vesicles, and 1-3% very fine-grained to fine grained disseminated and framboidal pyrite and arsenian pyrite.

These disseminated sulphides are intimately associated with black clots of iron-rich chlorite that occurs in the matrix to the feldspar minerals.

Significantly, there is no visible quartz in the episyenite, as the rocks are silica undersaturated and the alteration is interpreted to be of alkaline affinity.

Locally, larger cubic pyrite creates a framboidal texture. Occasional, cross-cutting millimetre tocentimetre scale sulphide veinlets result in higher grade gold values typically in the 4 to 6 g/t range (see Figures 7 and 8).

While the entire 340 metre interval is gold mineralized, it is very significant that there are long intervals of bulk-tonnage style higher-grade gold above 2 g/t as highlighted above. These higher-grade intervals suggest the hole may be tracking toward a feeder structure although further drilling is required to confirm this. This new gold discovery is open in all directions.

There are several zones of typically 8 to 10 metres of less than 0.20 g/t material usually associated with intervals of perthitic granite. When these low-grade zones are removed from the analysis, we estimate that the mineralized rock has an average gold grade of 1.35 g/t over 269 metres.

Table 1 tabulates the assay results for the mineralized interval of drill hole 23FP002. Sampling was completed on 1 metre intervals for the entire length of the drill hole. Three 50 gram aliquots were assayed for each 1 metre sample, and the average grade of the three aliquots was used to derive the final gold grade.

Next steps at Fazenda do Posto and Butiá

Indications are that a significant gold mineral system is developing at the Fazenda do Posto gold discovery and the adjacent Butiá Gold Deposit.

Two drill rigs are on site testing these areas.

The near-term objective is to define the geometry and gold grade distribution of the Fazenda do Posto discovery and possibly look for more blind discoveries. The second objective is to test for extensions to the mineralized footprint of the Butiá Gold Deposit.

It is noteworthy that the alteration system and gold-in-soil anomaly at Butiá extends for more than 3 kilometres in a southeast-northwest direction, and for greater than 2 kilometres to the north towards the Galvao and Zeca Souza discoveries (Figure 3). It is also noteworthy that Fazenda do Posto has a higher-grade core of mineralization that could materially enhance the overall economics of a potential mining project.

The medium-term goal is to de-risk the Fazenda do Posto discovery and Butiá Gold Deposit such that a preliminary economic study defining the general scope of a gold mining project can be prepared.

OVERALL LDS EXPLORATION PROGRAM MARKED BY EXCEPTIONAL SUCCESS

In addition to these positive developments, Lavras Gold has had exceptional exploration success since going public in April 2022. The Caneleira Gold Discovery has been reinterpreted, and new gold mineral systems have been found at Zeca Souza, Galvao, Matilde, Matilde Extension, and Vila Marieta. Although Butiá and Fazendo do Posto are developing into the centre of gravity at LDS, the exploration upside on the property is very significant.

Qualified person

Michael Durose, Lavras Gold’s President and CEO, is a qualified person as defined by NI 43-101. He has reviewed and approved the scientific and technical information contained in this release.

Quality assurance and quality control

For the Fazenda do Posto discovery, sample handling, preparation, and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices.

All drill hole samples in this drilling program consist of split NQ diamond drill core.

Drill core is logged and sampled in a secure facility located in Lavras do Sul, Rio Grande do Sul State, Brazil. Drill core samples for gold assay are cut in half using a diamond saw and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 85% passing 1.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns.

Pulps are shipped to ALS Laboratories Inc. in Lima, Peru and analyzed by a 50 g fire assay and AAS finish. Three 50 g aliquots are taken for samples in the mineralized zone and one aliquot is taken in fresh rocks. The average grade of the three aliquots is used to determine the final grade of the mineralized sample.

Certified standards, non-certified blanks and field duplicates are inserted into the sample    stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision, and contamination.

Lavras Gold has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed.

About Lavras Gold

Lavras Gold Corp. (TSXV: LGC, OTCQB: LGCFF) is a Canadian exploration company focused on realizing the potential of a multi-million-ounce gold district in southern Brazil. Its Lavras do Sul Project is located in Rio Grande do Sul State, and is primarily an intrusive hosted gold system of possible alkaline affinity. More than 23 gold prospects centred on historic gold workings have been identified on the property, which spans more than 22,000 hectares. Follow Lavras Gold on www.lavrasgold.com, as well as on LinkedIn, Twitter, and YouTube.

Contact information

Michael Durose, President & CEO, or Annemarie Brissenden, Investor Relations+1-416-844-6284 | investor@lavrasgold.com

DISCLAIMER AND FORWARD-LOOKING INFORMATION

Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the content of this news release.

This news release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements, including those on planned exploration activities and goals, are only objectives and predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information, including the risks and factors that generally affect exploration and the uncertainty of exploration results. For a description of the risks and uncertainties facing the Company and its business, refer to the Company’s Management’s Discussion and Analysis recently filed under the Company’s profile on www.sedar.com. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

FIGURE 1Location of Fazenda do Posto relative to Butiá Gold Deposit, as well as the advanced gold discoveries at the LDS Project.

FIGURE 2Location of drill hole 23FP002 Relative to Butiá Gold Deposit – plan view with assays. Note northeast trending fault. Fazendo do Posto is interpreted to be a down dropped block of mineralized rock on the west side of the fault.

FIGURE 3Plan view showing gold-in-soil anomalism relative to the Fazenda do Posto discovery and Butiá Gold Deposit. Fazenda do Posto is a blind gold discovery located on a down-dropped block to the west of Butiá. The gold in soil anomaly measures 4.2 kilometres in a southeast-northwest direction and for more than 1.5 kilometres to the northeast towards the Galvao and Zeca Souza gold targets. Note the isolated gold anomaly about 450 metres to the west of drill hole 23FP002.

FIGURE 4Cross section of drill hole 23FP002 looking west. The hole intersected 340 metres grading 1.09 g/t gold from 117 metres including 160 metres grading 1.79 g/t gold from 199 metres including 27 metres grading 2.07 g/t gold from 208 metres and 68 metres grading 2.09 g/t gold from 293 metres. Salmon colour is Fazenda do Posto granodiorite, yellow is episyenite, pink is perthitic granite. Note scale at bottom of hole. 1 ppm gold = 1 gram per tonne.

FIGURE 5Example of albitized and/or silicified Fazenda do Posto granodiorite cover rock from drill hole 23FP002 at 109 metres. The original rock textures have been nearly completely obliterated due to hydrothermal alkalic alteration. Remnant quartz and feldspar phenocrysts are evident. It is postulated that this rock was acting as a barrier or cap masking any surface expression of gold mineralization.

FIGURE 6Typical example of gold mineralization in episyenite from drill hole 23FP002. The rock consists of 95% brick red potassium feldspar, 2-3% black to dark green iron-rich chlorite, 1-2% grey and white carbonate vesicles, and 1-3% disseminated pyrite and arsenian pyrite. This example is from drill hole 23FP002 from 136 to 137 metres. This interval grades 1.635 g/t gold. The brick red colouration in the feldspar is from iron and barium. Note that the feldspar grain boundaries are sub-rounded to sub-angular reflecting pervasive metasomatic alteration likely from alkaline fluids.

FIGURE 7Episyenite from drill hole 23FP002 at 158 to 159 metres showing a cross-cutting centimetre scale sulphide veinlet consisting of pyrite, arsenian pyrite, and galena. This 1 metre interval assayed 6.90 g/t gold.

FIGURE 8Episyenite from drill hole 23FP002 showing millimetre-scale cross-cutting pyrite veinlets and disseminations from an interval of 213 to 214 metres. This 1 metre interval assayed 4.03 g/t gold.

TABLE 1Summary table of drilling assay results from drill hole 23FP002 on Fazenda do Posto target.

Hole	Azimuth(degrees)	Dip(degrees)	End of hole(metres)	From(metres)	To(metres)	Gold interval(metres)	Gold grade(g/t)	Lithology
23FP002	020	-60	464.59	27.00	28.00	1.00	4.580	Granodiorite FP
				117.00	118.00	1.00	0.421	Episyenite
				118.00	119.00	1.00	0.248	Episyenite
				119.00	120.00	1.00	0.695	Episyenite
				120.00	121.00	1.00	0.568	Episyenite
				121.00	122.00	1.00	0.600	Episyenite
				122.00	123.00	1.00	0.517	Episyenite
				123.00	124.00	1.00	0.433	Episyenite
				124.00	125.00	1.00	0.231	Episyenite
				125.00	126.00	1.00	0.253	Episyenite
				126.00	127.00	1.00	0.048	Episyenite
				127.00	128.00	1.00	0.013	Episyenite
				128.00	129.00	1.00	0.299	Episyenite
				129.00	130.00	1.00	0.021	Episyenite
				130.00	131.00	1.00	0.086	Episyenite
				131.00	132.00	1.00	0.068	Episyenite
				132.00	133.00	1.00	0.606	Episyenite
				133.00	134.00	1.00	0.124	Episyenite
				134.00	135.00	1.00	1.047	Episyenite
				135.00	136.00	1.00	1.108	Episyenite
				136.00	137.00	1.00	1.405	Episyenite
				137.00	138.00	1.00	0.543	Episyenite
				138.00	139.00	1.00	0.495	Episyenite
				139.00	140.00	1.00	0.726	Episyenite
				140.00	141.00	1.00	1.253	Episyenite
				141.00	142.00	1.00	0.578	Episyenite
				142.00	143.00	1.00	1.345	Episyenite
				143.00	144.00	1.00	0.691	Episyenite
				144.00	145.00	1.00	0.118	Episyenite
				145.00	146.00	1.00	1.282	Episyenite
				146.00	147.00	1.00	0.290	Episyenite
				147.00	148.00	1.00	0.015	Episyenite
				148.00	149.00	1.00	0.018	Episyenite
				149.00	150.00	1.00	0.081	Episyenite
				150.00	151.00	1.00	0.146	Episyenite
				151.00	152.00	1.00	0.149	Episyenite
				152.00	153.00	1.00	0.158	Episyenite
				153.00	154.00	1.00	0.039	Perthitic granite
				154.00	155.00	1.00	0.050	Episyenite
				155.00	156.00	1.00	0.204	Episyenite
				156.00	157.00	1.00	0.256	Episyenite
				157.00	158.00	1.00	0.088	Episyenite
				158.00	159.00	1.00	7.060	Episyenite
				159.00	160.00	1.00	0.626	Episyenite
				160.00	161.00	1.00	0.384	Episyenite
				161.00	162.00	1.00	0.712	Episyenite
				162.00	163.00	1.00	1.008	Episyenite
				163.00	164.00	1.00	0.407	Episyenite
				164.00	165.00	1.00	1.189	Episyenite
				165.00	166.00	1.00	0.985	Episyenite
				166.00	167.00	1.00	0.512	Episyenite
				167.00	168.00	1.00	0.379	Episyenite
				168.00	169.00	1.00	0.058	Perthitic granite
				169.00	170.00	1.00	0.012	Perthitic granite
				170.00	171.00	1.00	0.007	Perthitic granite
				171.00	172.00	1.00	0.000	Perthitic granite
				172.00	173.00	1.00	0.006	Perthitic granite
				173.00	174.00	1.00	0.049	Perthitic granite
				174.00	175.00	1.00	0.103	Perthitic granite
				175.00	176.00	1.00	0.537	Perthitic granite
				176.00	177.00	1.00	0.195	Perthitic granite
				177.00	178.00	1.00	0.000	Perthitic granite
				178.00	179.51	1.51	0.022	Perthitic granite
				179.51	180.00	0.49	0.115	Episyenite
				180.00	181.00	1.00	0.149	Episyenite
				181.00	182.00	1.00	0.964	Episyenite
				182.00	183.00	1.00	0.869	Episyenite
				183.00	184.00	1.00	0.106	Episyenite
				184.00	185.00	1.00	0.379	Episyenite
				185.00	186.00	1.00	0.114	Episyenite
				186.00	187.00	1.00	0.077	Episyenite
				187.00	188.00	1.00	0.609	Episyenite
				188.00	189.00	1.00	0.512	Episyenite
				189.00	190.00	1.00	0.457	Episyenite
				190.00	191.00	1.00	0.695	Episyenite
				191.00	192.00	1.00	0.408	Episyenite
				192.00	193.00	1.00	0.217	Episyenite
				193.00	194.00	1.00	0.175	Episyenite
				194.00	195.00	1.00	0.113	Episyenite
				195.00	196.00	1.00	0.132	Episyenite
				196.00	197.00	1.00	0.150	Episyenite
				197.00	198.00	1.00	0.189	Episyenite
				198.00	199.00	1.00	0.304	Episyenite
				199.00	200.00	1.00	1.034	Episyenite
				200.00	201.00	1.00	4.570	Episyenite
				201.00	202.00	1.00	1.159	Episyenite
				202.00	203.00	1.00	1.085	Episyenite
				203.00	204.00	1.00	1.383	Episyenite
				204.00	205.00	1.00	1.493	Episyenite
				205.00	206.25	1.25	2.190	Episyenite
				206.25	207.00	0.75	0.980	Episyenite
				207.00	208.00	1.00	0.661	Episyenite
				208.00	209.00	1.00	1.972	Episyenite
				209.00	210.00	1.00	0.992	Episyenite
				210.00	211.00	1.00	1.288	Episyenite
				211.00	212.00	1.00	2.583	Episyenite
				212.00	213.00	1.00	2.643	Episyenite
				213.00	214.00	1.00	4.033	Episyenite
				214.00	215.00	1.00	0.637	Episyenite
				215.00	216.00	1.00	1.532	Episyenite
				216.00	217.00	1.00	1.728	Episyenite
				217.00	218.00	1.00	1.747	Episyenite
				218.00	219.00	1.00	3.167	Episyenite
				219.00	220.00	1.00	2.760	Episyenite
				220.00	221.00	1.00	2.067	Episyenite
				221.00	222.00	1.00	1.680	Episyenite
				222.00	223.00	1.00	4.353	Episyenite
				223.00	224.00	1.00	3.103	Episyenite
				224.00	225.00	1.00	1.528	Episyenite
				225.00	226.00	1.00	0.851	Episyenite
				226.00	227.00	1.00	3.243	Episyenite
				227.00	228.00	1.00	1.777	Episyenite
				228.00	229.00	1.00	1.290	Episyenite
				229.00	230.00	1.00	1.992	Episyenite
				230.00	231.00	1.00	2.667	Episyenite
				231.00	232.00	1.00	1.653	Episyenite
				232.00	233.00	1.00	2.042	Episyenite
				233.00	234.00	1.00	2.170	Episyenite
				234.00	235.00	1.00	1.892	Episyenite
				235.00	236.00	1.00	1.380	Episyenite
				236.00	237.00	1.00	1.495	Episyenite
				237.00	238.00	1.00	0.952	Episyenite
				238.00	239.00	1.00	1.688	Episyenite
				239.00	240.00	1.00	1.673	Episyenite
				240.00	241.00	1.00	1.232	Episyenite
				241.00	242.00	1.00	1.233	Episyenite
				242.00	243.00	1.00	1.942	Episyenite
				243.00	244.00	1.00	0.281	Episyenite
				244.00	245.00	1.00	1.898	Episyenite
				245.00	246.00	1.00	1.863	Episyenite
				246.00	247.00	1.00	1.673	Episyenite
				247.00	248.00	1.00	1.022	Episyenite
				248.00	249.00	1.00	1.202	Episyenite
				249.00	250.00	1.00	1.083	Episyenite
				250.00	251.00	1.00	1.385	Episyenite
				251.00	252.00	1.00	0.938	Episyenite
				252.00	253.00	1.00	0.944	Episyenite
				253.00	254.00	1.00	0.663	Episyenite
				254.00	255.00	1.00	1.672	Episyenite
				255.00	256.00	1.00	1.187	Episyenite
				256.00	257.00	1.00	2.137	Episyenite
				257.00	258.00	1.00	1.537	Episyenite
				258.00	259.00	1.00	0.499	Episyenite
				259.00	260.00	1.00	2.075	Episyenite
				260.00	261.00	1.00	0.762	Episyenite
				261.00	262.00	1.00	1.330	Episyenite
				262.00	263.00	1.00	0.496	Episyenite
				263.00	264.00	1.00	0.578	Episyenite
				264.00	265.00	1.00	8.870	Episyenite
				265.00	266.00	1.00	2.900	Episyenite
				266.00	267.16	1.16	1.512	Episyenite
				267.16	268.00	0.84	1.397	Episyenite
				268.00	269.00	1.00	1.257	Episyenite
				269.00	270.00	1.00	1.205	Episyenite
				270.00	271.00	1.00	0.534	Episyenite
				271.00	272.00	1.00	0.709	Episyenite
				272.00	273.00	1.00	0.953	Episyenite
				273.00	274.00	1.00	1.417	Episyenite
				274.00	275.00	1.00	0.502	Episyenite
				275.00	276.00	1.00	1.693	Episyenite
				276.00	277.00	1.00	2.170	Episyenite
				277.00	278.00	1.00	1.687	Episyenite
				278.00	279.00	1.00	0.708	Episyenite
				279.00	280.00	1.00	1.193	Episyenite
				280.00	281.00	1.00	1.079	Episyenite
				281.00	282.00	1.00	1.522	Episyenite
				282.00	283.00	1.00	1.807	Episyenite
				283.00	284.00	1.00	1.268	Episyenite
				284.00	285.00	1.00	1.460	Episyenite
				285.00	286.00	1.00	1.502	Episyenite
				286.00	287.00	1.00	0.963	Episyenite
				287.00	288.00	1.00	1.309	Episyenite
				288.00	289.00	1.00	1.912	Episyenite
				289.00	290.00	1.00	1.094	Episyenite
				290.00	291.00	1.00	0.582	Episyenite
				291.00	292.00	1.00	0.481	Episyenite
				292.00	293.00	1.00	0.857	Episyenite
				293.00	294.00	1.00	3.483	Episyenite
				294.00	295.00	1.00	2.837	Episyenite
				295.00	296.00	1.00	2.258	Episyenite
				296.00	297.00	1.00	2.450	Episyenite
				297.00	298.00	1.00	0.798	Episyenite
				298.00	299.00	1.00	0.978	Episyenite
				299.00	300.00	1.00	1.802	Episyenite
				300.00	301.00	1.00	1.612	Episyenite
				301.00	302.00	1.00	1.530	Episyenite
				302.00	303.00	1.00	1.492	Episyenite
				303.00	304.00	1.00	2.877	Episyenite
				304.00	305.00	1.00	1.425	Episyenite
				305.00	306.00	1.00	1.250	Episyenite
				306.00	307.00	1.00	1.958	Episyenite
				307.00	308.00	1.00	0.748	Episyenite
				308.00	309.00	1.00	2.202	Episyenite
				309.00	310.00	1.00	1.743	Episyenite
				310.00	311.00	1.00	1.783	Episyenite
				311.00	312.00	1.00	1.395	Episyenite
				312.00	313.00	1.00	1.322	Episyenite
				313.00	314.00	1.00	2.750	Episyenite
				314.00	315.00	1.00	1.868	Episyenite
				315.00	316.00	1.00	2.277	Episyenite
				316.00	317.00	1.00	2.267	Episyenite
				317.00	318.00	1.00	1.627	Episyenite
				318.00	319.00	1.00	2.160	Episyenite
				319.00	320.00	1.00	2.930	Episyenite
				320.00	321.00	1.00	2.720	Episyenite
				321.00	322.00	1.00	3.477	Episyenite
				322.00	323.00	1.00	2.233	Episyenite
				323.00	324.00	1.00	1.812	Episyenite
				324.00	325.00	1.00	3.437	Episyenite
				325.00	326.00	1.00	2.343	Episyenite
				326.00	327.00	1.00	6.073	Episyenite
				327.00	328.00	1.00	2.350	Episyenite
				328.00	329.00	1.00	2.363	Episyenite
				329.00	330.00	1.00	1.463	Episyenite
				330.00	331.00	1.00	1.332	Episyenite
				331.00	332.00	1.00	2.913	Episyenite
				332.00	333.00	1.00	2.457	Episyenite
				333.00	334.00	1.00	1.180	Episyenite
				334.00	335.00	1.00	0.600	Episyenite
				335.00	336.00	1.00	1.618	Episyenite
				336.00	337.00	1.00	2.413	Episyenite
				337.00	338.00	1.00	1.512	Episyenite
				338.00	339.00	1.00	3.083	Episyenite
				339.00	340.00	1.00	1.835	Episyenite
				340.00	341.00	1.00	2.067	Episyenite
				341.00	342.00	1.00	2.292	Episyenite
				342.00	343.00	1.00	2.843	Episyenite
				343.00	344.00	1.00	2.683	Episyenite
				344.00	345.00	1.00	2.497	Episyenite
				345.00	346.00	1.00	2.790	Episyenite
				346.00	347.00	1.00	2.018	Episyenite
				347.00	348.00	1.00	1.402	Episyenite
				348.00	349.00	1.00	1.211	Episyenite
				349.00	350.00	1.00	3.340	Episyenite
				350.00	351.00	1.00	2.135	Episyenite
				351.00	352.00	1.00	4.660	Episyenite
				352.00	353.00	1.00	2.410	Episyenite
				353.00	354.00	1.00	1.248	Episyenite
				354.00	355.00	1.00	1.960	Episyenite
				355.00	356.00	1.00	1.405	Episyenite
				356.00	357.00	1.00	1.092	Episyenite
				357.00	358.00	1.00	1.730	Episyenite
				358.00	359.00	1.00	1.390	Episyenite
				359.00	360.00	1.00	0.478	Episyenite
				360.00	361.00	1.00	0.235	Episyenite
				361.00	362.00	1.00	0.141	Episyenite
				362.00	363.00	1.00	0.260	Episyenite
				363.00	364.00	1.00	0.122	Episyenite
				364.00	365.00	1.00	0.136	Episyenite
				365.00	366.00	1.00	0.047	Episyenite
				366.00	367.00	1.00	0.259	Episyenite
				367.00	368.00	1.00	0.231	Episyenite
				368.00	369.00	1.00	0.269	Episyenite
				369.00	370.00	1.00	0.036	Episyenite
				370.00	371.00	1.00	0.114	Episyenite
				371.00	372.00	1.00	0.106	Episyenite
				372.00	373.00	1.00	0.262	Episyenite
				373.00	374.00	1.00	0.233	Episyenite
				374.00	375.00	1.00	0.254	Episyenite
				375.00	376.00	1.00	0.269	Episyenite
				376.00	377.00	1.00	0.640	Episyenite
				377.00	378.00	1.00	1.200	Episyenite
				378.00	379.00	1.00	2.227	Episyenite
				379.00	380.00	1.00	4.160	Episyenite
				380.00	381.00	1.00	2.180	Episyenite
				381.00	382.00	1.00	0.751	Episyenite
				382.00	383.00	1.00	0.529	Episyenite
				383.00	384.00	1.00	3.817	Episyenite
				384.00	385.00	1.00	1.505	Episyenite
				385.00	386.00	1.00	1.593	Episyenite
				386.00	387.00	1.00	0.583	Episyenite
				387.00	388.00	1.00	0.741	Episyenite
				388.00	389.00	1.00	0.258	Episyenite
				389.00	390.00	1.00	0.268	Episyenite
				390.00	391.00	1.00	0.325	Episyenite
				391.00	392.00	1.00	0.312	Episyenite
				392.00	393.00	1.00	0.336	Episyenite
				393.00	394.00	1.00	0.336	Episyenite
				394.00	395.00	1.00	0.235	Episyenite
				395.00	396.00	1.00	0.290	Episyenite
				396.00	397.00	1.00	0.279	Episyenite
				397.00	398.00	1.00	0.286	Episyenite
				398.00	399.00	1.00	0.118	Episyenite
				399.00	400.00	1.00	0.178	Episyenite
				400.00	401.00	1.00	0.114	Episyenite
				401.00	402.00	1.00	0.206	Episyenite
				402.00	403.00	1.00	0.194	Episyenite
				403.00	404.00	1.00	0.586	Episyenite
				404.00	405.00	1.00	0.105	Episyenite
				405.00	406.00	1.00	0.106	Episyenite
				406.00	407.00	1.00	0.124	Episyenite
				407.00	408.00	1.00	0.121	Episyenite
				408.00	409.00	1.00	0.166	Episyenite
				409.00	410.00	1.00	0.068	Episyenite
				410.00	411.00	1.00	0.085	Episyenite
				411.00	412.00	1.00	0.108	Episyenite
				412.00	413.00	1.00	0.135	Episyenite
				413.00	414.00	1.00	0.162	Episyenite
				414.00	415.00	1.00	0.078	Episyenite
				415.00	416.67	1.67	0.135	Episyenite
				416.67	418.04	1.37	0.016	Perthitic granite
				418.04	419.00	0.96	0.091	Episyenite
				419.00	420.00	1.00	0.156	Episyenite
				420.00	421.00	1.00	0.167	Episyenite
				421.00	422.00	1.00	0.169	Episyenite
				422.00	423.00	1.00	0.234	Episyenite
				423.00	424.00	1.00	0.105	Episyenite
				424.00	425.00	1.00	0.149	Episyenite
				425.00	426.00	1.00	0.025	Perthitic granite
				426.00	427.00	1.00	0.015	Perthitic granite
				427.00	428.00	1.00	0.117	Episyenite
				428.00	429.00	1.00	0.131	Episyenite
				429.00	430.00	1.00	0.073	Episyenite
				430.00	431.12	1.12	0.135	Episyenite
				431.12	432.00	0.88	0.313	Perthitic granite
				432.00	433.00	1.00	0.052	Perthitic granite
				433.00	434.00	1.00	0.042	Perthitic granite
				434.00	435.00	1.00	0.066	Perthitic granite
				435.00	436.00	1.00	0.334	Perthitic granite
				436.00	437.00	1.00	0.611	Perthitic granite
				437.00	438.00	1.00	0.036	Perthitic granite
				438.00	439.00	1.00	0.024	Perthitic granite
				439.00	440.00	1.00	0.153	Perthitic granite
				440.00	441.00	1.00	0.229	Perthitic granite
				441.00	442.00	1.00	0.291	Perthitic granite
				442.00	443.00	1.00	0.492	Perthitic granite
				443.00	444.00	1.00	1.055	Perthitic granite
				444.00	445.00	1.00	1.175	Perthitic granite
				445.00	446.00	1.00	0.243	Perthitic granite
				446.00	447.00	1.00	0.272	Perthitic granite
				447.00	448.00	1.00	0.577	Perthitic granite
				448.00	449.00	1.00	0.279	Perthitic granite
				449.00	450.21	1.21	0.202	Perthitic granite
				450.21	451.00	0.79	0.123	Perthitic granite
				451.00	452.00	1.00	0.433	Perthitic granite

Notes

• Assumes 0.25 g/t gold cut-off grade, no top cut.
• The Company has been targeting larger intersections of greater than 0.25 g/t gold. Intersections that are lower than this threshold may provide exploration insight and may therefore be disclosed.
• Intervals represent drill core interval; true widths have not been determined at this time.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/f88038e9-923e-499d-8db4-9e0cbcad996b

https://www.globenewswire.com/NewsRoom/AttachmentNg/3da69475-e024-414a-b4df-c6336096f965

https://www.globenewswire.com/NewsRoom/AttachmentNg/44eeba1e-0b8f-4a47-a822-967fe82c7488

https://www.globenewswire.com/NewsRoom/AttachmentNg/74757689-f560-4a9b-8ee6-80770f8f69a2

https://www.globenewswire.com/NewsRoom/AttachmentNg/3aeadbce-3562-4111-8a2d-4b1ce848e7cf

https://www.globenewswire.com/NewsRoom/AttachmentNg/187eeeae-6c18-4293-90ec-a322ae3c54a6

https://www.globenewswire.com/NewsRoom/AttachmentNg/0d016cfd-073a-44d3-ab2a-9bb5f8a5e632

https://www.globenewswire.com/NewsRoom/AttachmentNg/e2357b2c-2f7f-49c1-b061-348271e68fc7