Completion of Sandman 2022 Drill Program, Abstract of Outcomes

September 2, 2022

1

Gold Bull Assets Corp. (TSX-V: GBRC) (“Gold Bull” or the “Firm“) is happy to report completion of the 2022 Drill Program with all gold assays obtained from its 100% owned Sandman Undertaking (“Sandman” or the “Undertaking“) situated in Humboldt County, Nevada, USA. The reverse circulation (RC) drilling program comprised 24 holes for 4,954m (16,253ft). Excessive grade gold intersections had been drilled at North Hill and Silica Ridge. Gold intersections prolonged past the Abel Knoll useful resource by 100 m to the east, and it stays open at depth and alongside strike. Scout drill holes within the Sandbowl goal west of North Hill and at a brand new exploration goal north of Abel Knoll intersected vital zones of anomalous gold, worthy of follow-up.

DRILL PROGRAM HIGHLIGHTS & UPDATE:

Gap SA-0052 at Silica Ridge intersected a broad mineralized zone of 83.8m (275 ft) @ 1.50 g/t Au from floor (all oxide) and included a high-grade feeder of 3m @ 14.67 g/t from 1.5m.
Gap SA-0044 additionally at Silica Ridge, returned 47.2m (155ft) of gold mineralization grading 1.54 g/t Au from 1.5m together with 6.1m @ 8.01g/t from 3m (all oxide).
Gap SA-0037 from North Hill returned 32m @ 1.31g/t Au from 42.7m together with 1.5m @ 9.34g/t Au (all oxide).
At a brand new mission space, Sandbowl, SA-0053 intersected 1.5 m @ 0.46 g/t Au from 13.7 m (45 ft) and seven.6 m @ 0.24 g/t Au from 102.1 m (335 ft), and SA-0054 intersected 13.7 m @ 0.22 g/t Au from 97.5 m (320 ft) and three.0 m @ 0.82 g/t Au from 149.4 m (490 ft). These hits point out a newly outlined gold system worthy of follow-up concentrating on.
SA-0057 situated 1.7 km (1.1 mile) north of Abel Knoll intersected 13.7 m (45 ft) @ 0.42 g/t Au from 175.2 m (575 ft) inside an interpreted north-south construction forming a part of a Tertiary basin margin zone linking SE Pediment and Abel Knoll. This newly found mineralized zone is open to the north and south.
Sandman Scoping Examine investigating circa 40,000 ounce every year manufacturing situation is underway and is predicted to be accomplished in September 2022

Gold Bull CEO, Cherie Leeden commented:

The drill outcomes yielded widespread gold intersections, together with excessive grade at North Hill, Silica Ridge and Abel Knoll, with the perfect gold intersection obtained from Silica Ridge SA-0052 returning 83.8 m @ 1.50 g/t Au from the floor, together with a big intersection of 3m @ 14.67g/t gold and 1.5m @ 15.53g/t gold in addition to gap SA-0037 from North Hill returning 32m @ 1.31g/t Au from 42.7m together with 1.5m @ 9.34g/t gold at North Hill. The intersections of low-grade gold mineralization over vital widths at Sandbowl and north of Abel Knoll open new areas for additional exploration. A scoping examine investigating the financial parameters of a near-term manufacturing situation is effectively underway.

2022 Sandman Drill Program Abstract

The Sandman 2022 drill program comprised 24 reverse circulation drill holes for 4,954m (16,253 ft). All assays have now been obtained. This system included eight (8) holes concentrating on deeper mineralization beneath the present mineral assets at North Hill and Silica Ridge, an extra eight (8) holes had been drilled round current deposits testing for extensions to the at present outlined Mineral Useful resource Estimate (MRE). Eight (8) scout holes had been drilled testing targets at Halfway, Sandbowl and Windmill.

Though the scout holes didn’t yield a high-grade discovery, the intersection of a number of zones of low-grade strata-bound mineralization at Sandbowl might point out the presence of a gold-bearing fluid feeder construction that has not but been intersected by drilling. Equally, the intersection of 13.7 m (45 ft) @ 0.42 g/t Au from 175.2 m (575 ft) in an interpreted north-south hanging construction 1.7 km (1.1 mile) north of Abel Knoll defines a doubtlessly vital new mineralized zone that’s open in all instructions. Additional analysis of those outcomes is warranted to grasp the potential for a higher-grade orebody shut to those intersections.

Greatest drilling outcomes from this system included:

SA-0035: 7.6 m (25 ft) @ 1.51 g/t Au from 48.8 m (160 ft), together with
- 1.5 m (5 ft) @ 5.10 g/t Au from 50.3 m (70 ft)
SA-0036: 19.8 m (65 ft) @ 0.71 g/t Au from 33.5 m (110 ft), together with
- 9.1 m (30 ft) @ 0.84 g/t Au from 33.5 m (110 ft), together with
  - 1.5 m (5 ft) @ 2.91 g/t from 36.6 m (125 ft)
- 1.5 m (5 ft) @ 1.23 g/t Au from 51.8 m (170 ft)
SA-0037: 32 m (105 ft) @ 1.31 g/t Au from 42.7 m (140 ft), together with
- 19.8 m (65 ft) @ 1.56 g/t Au from 42.7 m (140 ft), together with
- 7.6 m (25 ft) @ 1.40 g/t Au from 67.1 m (220 ft)
SA-0038: 7.6 m (25 ft) @ 2.35 g/t Au from 83.8 m (275 m), together with
- 1.5 m (5 ft) @ 9.3 g/t Au from 88.4 m (290 ft)
SA-0044: 47.2 m (155 ft) @ 1.54 g/t Au from 1.5 m (5 ft), together with
- 6.1 m (20 ft) @ 8.01 g/t Au from 3 m (10 ft)
- 1.5 m (5 ft) @ 13.87 g/t from 3 m (10 ft)
- 1.5 m (5 ft) @ 1.15 g/t from 24.4 m (80 ft)
SA-0045: 74.7 m (245 ft) @ 0.93 g/t Au from 0 m (0 ft), together with
- 3 m (10 ft) @ 1.55 g/t Au from 0 m (0 ft)
- 51.8 m (170 ft) at 1.12 g/t Au from 22.9 m (75 ft), together with
  - 3 m (10 ft) @ 2.28 g/t Au from 25.9 m (85 ft)
- 18.3 m (60 ft) at 1.98 g/t Au from 38.1 m (125 ft), together with
  - 1.5 m (5 ft) @ 13.13 g/t Au from 41.1 m (135 ft)
- 7.6 m (15 ft) @ 1.25 g/t Au from 65.5 m (215 m)
SA-0049: 56.4 m (185 ft) @ 0.20 g/t Au from 103.6 m (340 ft)

SA-0052: 83.8 m (275 ft) @ 1.50 g/t Au from 0 m (0 ft), together with
- 13.7 m (45 ft) @ 4.52 g/t Au from 0 m (0 ft), together with
  - 3 m (10 ft) @ 14.67 g/t Au from 1.5 m (5 ft), together with
    - 1.5 m (5 ft) @ 15.53 g/t Au from 1.5 m (5 ft)
- 3 m (10 ft) @ 2.75 g/t Au from 36.6 m (120 ft)
- 16.8 m (55 ft) @ 3.05 g/t Au from 65.5 m (215 ft)
- 6.1 m (20 ft) @ 8.24 g/t Au from 71.6 m (235 ft)

Determine 1. location map displaying 2022 Sandman drill program with drill holes relative to deposits North Hill, Silica Ridge and Abel Knoll. Targets had been additionally examined at Windmill, Halfway and Sandbowl. Insert maps for North Hill and Silica Ridge are proven in blue bins.
https://www.globenewswire.com/NewsRoom/AttachmentNg/c8c736b6-017d-4144-8697-7866f2c1ed74

Silica Ridge

Six (6) holes had been drilled at Silica Ridge, with 4 drill holes (SA-0043, SA-0044, SA-0045, SA-0052) concentrating on down-dip extensions to the Mineral Useful resource Estimate (Determine 2 and Determine 3). (Seek advice from press launch “Gold Bull intersects 83.8m at 1.5 g/t Au from floor, together with 3m at 14.67g/t Au, defining vital extension of higher-grade oxide zone throughout the Silica Ridge deposit at Sandman”, dated June 9, 2022, for dialogue of SA-0044 and SA-0052 outcomes. Gap SA-0045 outcomes are mentioned within the press launch “Gold Bull drilling intersects excessive grade gold mineralization at Sandman, as much as 13g/t gold (over 1.5m) at Silica Ridge”, dated April 19, 2022.) The holes focused intersections of constructions projected beneath the deposit near the basement contact, at which hydrothermal mineralizing fluids stream from the tighter Triassic phyllite basement rocks into the extra porous Tertiary models above. The holes intersected silicified tuff and quartz-adularia altered, iron oxide-stained sandstone, conglomerate, and tuff.

The most effective outcomes intersected at Silica Ridge had been obtained from holes SA-0044, SA-0045 and SA-0052 (determine 2 and three). Gap SA-0044 returned 47.2m (155 ft) @ 1.54 g/t Au from 1.5m (5 ft), together with 6.1m (20 ft) @ 8.01 g/t Au from 3m (10 ft), in addition to 1.5m (5 ft) @ 13.87 g/t from 3m (10 ft) and 1.5m (5 ft) @ 1.15 g/t from 24.4m (80 ft). Gap SA-0045 intersected 74.7m (245 ft) @ 0.93g/t Au from 0m (0ft), together with 3m (10ft) @ 1.55g/t Au from 0m (0 ft) and together with 51.8m (170 ft) @ 1.12 g/t Au from 22.9m (75 ft), in addition to 3m (10 ft) @ 2.28 g/t Au from 25.9m (85 ft) and 18.3m (60 ft) @ 1.98 g/t Au from 38.1m (125 ft), and a excessive grade intersection of 1.5m (5 ft) @ 13.13 g/t Au from 41.1m (135 ft) and seven.6m (15 ft) @ 1.29 g/t Au from 65.5m (215m). Gold mineralization with grades >0.1g/t extends intermittently to a down-hole depth of 195m (635 ft) in gap SA-0052.

Gap SA-0043 intersected an higher 25.9 m huge zone of low-grade zone containing strata-bound mineralization to the west of the present Mineral Useful resource Estimate, returning 1.5 m (5 ft) @ 0.25 g/t Au from 27.4 m (90 ft), 3.0 m (10 ft) @ 0.51 g/t Au from 36.6 m (120 ft), and 9.1 m (30 ft) @ 0.47 g/t Au from 44.2 m (145 ft). This consequence signifies that shallow incremental gold ounces could possibly be added to an open pit useful resource by extension drilling to the west of Silica Ridge.

The best-grade mineralization throughout the Silica Ridge Mineral Useful resource Estimate happens on the intersection of constructions hanging north-northwest to south-southwest and east-west, intruded by a mafic dike. Drillhole SA-0046 was collared east of Silica Ridge to check the intersection of the E-W dyke with a NNW hanging dyke related to an in depth lag geochemical anomaly. Nonetheless, the outlet failed to check the focused construction resulting from early abandonment prompted the outlet collar blowing out.

Determine 2. Silica Ridge map displaying drill gap places for 2022 holes SA-0043, SA-0044, SA-0045, SA-0046 and SA-0052 relative to the 2021 Mineral Useful resource define in crimson. Cross-section line A – A’ is supplied in Determine 3 and part window as damaged line.
https://www.globenewswire.com/NewsRoom/AttachmentNg/bb422182-aa2c-4ada-a0ed-430d04cfa690

Determine 3. Silica Ridge cross part displaying outcomes for holes SA-0043, SA-0044, SA-0045 and SA-0052. Gold mineralization >0.1g/t extends intermittently to a downhole depth of 195m (635 ft) and vertical depth of 165m in gap SA-0052. Crimson signifies downhole gold mineralization >0.2g/t and blue signifies downhole mineralization >0.1g/t gold. Constant gold mineralization was intersected which demonstrates intensive gold mineralization within the Tertiary sequence overlying the basement phyllite.
https://www.globenewswire.com/NewsRoom/AttachmentNg/43187fb6-eb53-4511-a43e-11176b059ea8

North Hill

5 (5) drill holes had been drilled at North Hill with 4 (4) holes (SA-0035, SA-0036, SA-0037 and SA-0038) concentrating on modelled feeder constructions beneath the Mineral Useful resource Estimate. The fifth gap (SA-0039) was drilled east of the Mineral Useful resource, testing a down dip extension to strata-bound mineralization. The intersection of 4.6 m (15 ft) at 0.94 g/t Au from 39.6 m (130 ft) in SA-0039 prolonged the identified deposit laterally by 80m. (Seek advice from press launch “Gold Bull drilling defines japanese extension at North Hill and extends Abel Knoll mineralization outdoors Mineral Useful resource Estimate” dated Might 10, 2022)

The drill holes focused intersecting gold bearing constructions beneath the North Hill deposit and high-grade gold was intersected within the higher parts of the holes, with intermittent decrease grade (>0.1 g/t) gold intersected within the deeper parts of the drill holes. Outcomes from SA-0035 returned extra constant gold at depth above the basement phyllite contact, indicating the outlet is probably near a gold bearing construction. Additional analysis of this gap and potential feeder constructions is required.

The most effective North Hill intersections embody holes SA-0035 returning 7.6 m (25 ft) @ 1.51 g/t Au from 48.8 m (160 ft), and SA-0036 returning 19.8m (65 ft) @ 0.71 g/t Au from 33.5m (110 ft) together with 9.1m (30 ft) @ 0.84 g/t Au from 33.5m (110) ft and together with 1.5m (5 ft) @ 2.91 g/t from 36.6m (125 ft). Gap SA-0037 returned 32m (105ft) @ 1.31 g/t Au from 42.7m (140 ft), together with 19.8m (65 ft) @ 1.56 g/t Au from 42.7m (140 ft) and 1.5m (5 ft) @ 9.34 g/t Au from 59.4m (195 ft). Gap SA-0038 returned 7.6m (25ft) @ 2.35 g/t Au from 83.8m (275m), together with 1.5m (5 ft) @ 9.3 g/t Au from 88.4m (290 ft).

Determine 4. North Hill plan displaying deep deposit drill holes SA-0035, SA-0036, SA-0037 and SA-0038 and down dip extension gap SA-0039 within the east.
https://www.globenewswire.com/NewsRoom/AttachmentNg/94e4159f-77d3-4a6f-82cd-7af81467dd97

Determine 5. North Hill cross part depicting outcomes for holes SA-0035, SA-0036, SA-0037 and 0038. Increased grade gold intersections are proven in crimson >0.2g/t and blue >0.1g/t gold.
https://www.globenewswire.com/NewsRoom/AttachmentNg/65e8ff52-2e07-4010-b65a-34cfefe29147

Abel Knoll

Six (6) holes had been drilled at Abel Knoll concentrating on deposit step-out holes with 5 (5) drilled to the east of the prior 2021 Mineral Useful resource Estimate (MRE) boundary and one (1) drilled north of the western mineralized diatreme breccia.

Step out drilling east of the Abel Knoll MRE intersected low-grade (0.2 to 0.4 g/t Au) mineralization in holes SA-0048, SA-0049, SA-0050, SA-0051, and SA-0056. Important mineralized intervals had been intersected in SA-0048 and SA-0049. SA-0048 returned intersections together with 42.7 m (140 ft) at 0.35 g/t Au from 74.7 m (245 ft) and 18.3 m (60 ft) @ 0.26 g/t Au from 135.6 m (445 ft). SA-0049 returned a greatest intersection of 56.4 m (185 ft) @ 0.2 g/t from 103.6 m (340 ft). These intersections are situated east of the beforehand reported intersection of 90 m (295 ft) at 0.6 g/t Au from 76.2 m in SA-0031 (press launch “Gold Bull Studies Important New Gold Mineralization Exterior of Present Useful resource at Sandman Together with: 90m at 0.6 g/t Au” dated July 28, 2021) and the mineralized zone stays open to the east.

Mineralization stays open to the east, north and beneath the present 2021 Mineral Useful resource at Abel Knoll and additional research are required to grasp the potential so as to add ounces to the present estimate by additional exploration in these areas.

Exploration Scout holes

Eight (8) exploration scout holes had been drilled to check targets at Sandbowl (SA-0053 and SA-0054), Halfway (SA-0040 and SA-0041), east of the Silica Ridge deposit (SA-0046), Windmill (SA-0055), west of North Hill (SA-0034) and north of Abel Knoll (SA-0057).

Gold mineralization was intersected within the Sandbowl holes, with SA-0053 and SA-0054 returning low grade however anomalous gold in a fluviatile Tertiary sequence. Gap SA-0053 intersected 1.5 m @ 0.46 g/t Au from 13.7 m (45 ft) and seven.6 m @ 0.24 g/t Au from 102.1 m (335 ft), and SA-0054 intersected 13.7 m @ 0.22 g/t Au from 97.5 m (320 ft) and three.0 m @ 0.82 g/t Au from 149.4 m (490 ft). These outcomes are very encouraging, because the holes usually are not situated near a deposit (400m west of North Hill deposit) and are doubtlessly close to a feeder construction for mineralizing fluids that has not but been drilled.

Gap SA-0057 north of Abel Knoll returned 13.7m (45 ft) @ 0.42g/t Au from 175.2m (575 ft) alongside a north-south hanging fault, which is interpreted to be a part of the japanese basin-bounding structural zone related to the Abel Knoll and SE Pediment deposits. The outcomes for this gap are encouraging, because the intersection is near historic mineralization on competitor tenure and stays open in all instructions.

Drill Abstract Tables

Tables 1 to 4, within the Appendix are summaries of the 2022 Sandman drilling program. Desk 1 gives abstract of the 2022 Sandman reverse circulation drill program with the variety of holes drilled with whole drilled meters and ft. Desk 2 gives abstract of the holes drilled per Prospect and embody gap goal kind, gap ID, gap depth in meters and ft and the variety of assays per drill gap analysed. Desk 3 gives abstract of the drill gap particulars together with gap ID, whole depth in meters and ft, easting, northing, and elevation collar location in addition to drill gap azimuth and dip. Desk 4 gives abstract of serious mineralized intersections with gap ID, from and to in meters and ft, width of downhole mineralized interval (not true width) and calculation of gold grade in grams per tonne.

Subsequent Steps

Geological Analysis of the 2022 Sandman Drill gap outcomes is ongoing together with additional evaluation of Sandman’s potential mine situation by way of an in depth Scoping Examine. The Scoping Examine is anticipated to be accomplished within the second half of September 2022.

About Sandman

In December 2020, Gold Bull bought the Sandman Undertaking from Newmont. Gold mineralization was first found at Sandman in 1987 by Kennecott and the mission has been intermittently explored since then. There are 4 identified pit constrained gold assets situated throughout the Sandman Undertaking, consisting of 21.8Mt at 0.7g/t gold for 494,000 ounces of gold; comprising of an Indicated Useful resource of 18,550kt at 0.73g/t gold for 433kozs of gold plus an Inferred Useful resource of three,246kt at 0.58g/t gold for 61kozs of gold. A number of of the assets stay open in a number of instructions and the majority of the historic drilling has been carried out to a depth of lower than 100m. Sandman is conveniently situated circa 25-30 km northwest of the mining city of Winnemucca, Nevada.

Certified Particular person

Cherie Leeden, B.Sc Utilized Geology (Honours), MAIG, a “Certified Particular person” as outlined by Nationwide Instrument 43-101, has learn and permitted all technical and scientific data contained on this information launch. Ms. Leeden is the Firm’s Chief Govt Officer. Cherie Leeden relied on useful resource data contained throughout the Technical Report on the Sandman Gold Undertaking, ready by Steven Olsen, a Certified Particular person below NI 43-101, who’s a Certified Individuals as outlined by the Nationwide Instrument NI 43-101. Mr. Olsen is an impartial guide and has no affiliations with Gold Bull besides that of an impartial guide/shopper relationship. Mr. Olsen is a member of the Australian Institute of Geoscientists (AIG) and is the Certified Particular person below NI 43-101, Requirements of Disclosure for Mineral Initiatives.

High quality Assurance – High quality Management

Samples are submitted to American Assay Laboratories’ analytical facility in Sparks, Nevada for preparation and evaluation. The AAL facility is ISO-17025 accredited by IAS. Your complete pattern is dried, weighed and crushed, with 70% passing -10 mesh, then riffle cut up to 250 g aliquots, that are high quality pulverized with 90% passing -150mesh. Evaluation for gold is by 30 g hearth assay lead assortment with Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES) end with a decrease restrict of 0.003 ppm. Samples had been additionally analyzed utilizing a 36 multi-element geochemical bundle by 5-acid digestion, adopted by Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES) for the 36 parts.

About Gold Bull Assets Corp.

Gold Bull’s mission is to develop right into a US centered mid-tier gold growth Firm by way of quickly discovering and buying further ounces. The corporate’s exploration hub is predicated in Nevada, USA, a top-tier mineral district that incorporates vital historic manufacturing, current mining infrastructure and a longtime mining tradition. Gold Bull is led by a Board and Administration group with a monitor file of exploration and acquisition success.

Gold Bull’s core asset is the Sandman Undertaking, situated in Nevada which has a 494,000 oz gold useful resource as per 2021 43-101 Useful resource Estimate. Sandman is situated 23 km south of the Sleeper Mine and boasts wonderful large-scale exploration potential. Drilling at Sandman is at present underway.

Gold Bull is pushed by its core values and objective which features a dedication to security, communication & transparency, environmental duty, neighborhood, and integrity.

Cherie Leeden
President and CEO, Gold Bull Assets Corp.

For additional data relating to Gold Bull Assets Corp., please go to our web site at www.goldbull.ca or e mail adminatgoldbull.ca.

Cautionary Word Concerning Ahead-Trying Statements
Neither the TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch.

This information launch incorporates sure statements that could be deemed “forward-looking statements” with respect to the Firm throughout the which means of relevant securities legal guidelines. Ahead-looking statements are statements that aren’t historic information and are usually, however not at all times, recognized by the phrases “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “initiatives”, “potential”, “signifies”, “alternative”, “attainable” and comparable expressions, or that occasions or circumstances “will”, “would”, “might”, “may” or “ought to” happen. Though Gold Bull believes the expectations expressed in such forward-looking statements are primarily based on cheap assumptions, such statements usually are not ensures of future efficiency, are topic to dangers and uncertainties, and precise outcomes or realities might differ materially from these within the forward-looking statements. Such materials dangers and uncertainties embody, however usually are not restricted to, the Firm’s skill to lift adequate capital to fund its obligations below its property agreements going ahead, to keep up its mineral tenures and concessions in good standing, to discover and develop its initiatives, to repay its debt and for basic working capital functions; modifications in financial circumstances or monetary markets; the inherent hazards associates with mineral exploration and mining operations, future costs of copper and different metals, modifications usually financial circumstances, accuracy of mineral useful resource and reserve estimates, the potential for brand spanking new discoveries, the flexibility of the Firm to acquire the mandatory permits and consents required to discover, drill and develop the initiatives and if obtained, to acquire such permits and consents in a well timed trend relative to the Firm’s plans and enterprise targets for the initiatives; the final skill of the Firm to monetize its mineral assets; and modifications in environmental and different legal guidelines or rules that might have an effect on the Firm’s operations, compliance with environmental legal guidelines and rules, dependence on key administration personnel and basic competitors within the mining trade. Ahead-looking statements are primarily based on the cheap beliefs, estimates and opinions of the Firm’s administration on the date the statements are made. Besides as required by legislation, the Firm undertakes no obligation to replace these forward-looking statements within the occasion that administration’s beliefs, estimates or opinions, or different elements, ought to change.

APPENDIX – Drill gap abstract 2022 Sandman Drill Program

Desk 1 beneath gives a abstract of the 2022 Sandman reverse circulation drill program with the variety of holes drilled with whole drilled meters and ft.

Desk 1 Abstract desk of 2022 Sandman Drill program

Desk 2 beneath is a abstract of the 2022 Sandman reverse circulation drill program holes. The desk gives abstract of drilled holes per Prospect, gap goal kind, gap ID, gap depth in meters and ft and the variety of assays per drill gap analysed.

Desk 2 Reverse circulation drill holes drilled as a part of 2022 Section 1 drill program.

Desk 3 beneath particulars drill holes accomplished for the 2022 Sandman reverse circulation drill program and contains gap ID, whole depth in meters and ft, easting, northing and elevation collar location, drill gap azimuth and dip.

Desk 3 Drill gap abstract desk for 2022 reverse circulation drill program. Co-ordinate system NAD83 UTM Zone 11N

Desk 4 beneath particulars vital mineralized intersections for the 2022 Sandman reverse circulation program. These drill intersections embody gap ID, from and to in meters and ft, width of downhole mineralized interval and calculation of gold grade in grams per tonne.

Desk 4 Important gold intersections from 2022 drilling program

Determine 1

Location map displaying 2022 Sandman drill program with drill holes relative to deposits North Hill, Silica Ridge and Abel Knoll. Targets had been additionally examined at Windmill, Halfway and Sandbowl. Insert maps for North Hill and Silica Ridge are proven in blue bins.

Determine 2

Silica Ridge map displaying drill gap places for 2022 holes SA-0043, SA-0044, SA-0045, SA-0046 and SA-0052 relative to the 2021 Mineral Useful resource define in crimson. Cross-section line A – A’ is supplied in Determine 3 and part window as damaged line.

Determine 3

Silica Ridge cross part displaying outcomes for holes SA-0043, SA-0044, SA-0045 and SA-0052. Gold mineralization >0.1g/t extends intermittently to a downhole depth of 195m (635 ft) and vertical depth of 165m in gap SA-0052. Crimson signifies downhole gold mineralization >0.2g/t and blue signifies

Determine 4

North Hill plan displaying deep deposit drill holes SA-0035, SA-0036, SA-0037 and SA-0038 and down dip extension gap SA-0039 within the east.

Determine 5

North Hill cross part depicting outcomes for holes SA-0035, SA-0036, SA-0037 and 0038. Increased grade gold intersections are proven in crimson >0.2g/t and blue >0.1g/t gold.