Kerr Mines Advances Drilling at Copperstone Gold Project - Seite 2

The parallel Footwall zone is located approximately 150 meters to the Southwest and immediately beneath the ore-bearing Copperstone zone. In 2018, the Company announced the newly defined Footwall zone as having extents of 375 meters of strike and 350 meters of dip.

Drilling intervals previously announced in 2018 and drilled from the surface through the Footwall Zone include:

• 3.4 meters @ 7.9 g/t Au (KER-17S-10)
• 4.6 meters @ 13.2 g/t Au (KER-17S-13)
• 4.3 meters @ 6.8 g/t Au (KER-17S-17)
• 36.6 meters @ 7.5 g/t Au (KER-17S-21)

As a result of the recently completed $5 million bought deal financing which was increased due to strong investor demand the Company is well funded to complete both a surface and underground drilling program for purposes of resource expansion. Upon completion of this next phase of drilling the company intends to update its resource estimate which will include successful drilling results from its 2019 drilling program.

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Sean Muller, P.Geo., SME Registered Member (Geology), who is a “Qualified Person” as defined by NI 43-101 for this project.

Quality Assurance and Quality Control Statement
Procedures have been implemented to assure Quality Assurance Quality Control (QAQC) of drill hole assaying being done at an ISO Accredited assay laboratory. Drill hole samples to be assayed are securely stored for shipment, with chain of custody documentation through delivery. Mineralized commercial reference standards and blank standards are inserted every 20th sample in sequence and results are assessed to ascertain acceptable limits for analytical variance. Duplicate samples are also being taken as a further check in lab precision and accuracy. All results will be analyzed for consistency and corrective actions taken if needed. 

About Kerr Mines Inc.
Kerr Mines is an emerging American gold producer advancing the restart of production at its 100-per-cent-owned, fully permitted past-producing Copperstone mine project, located in mining-friendly Arizona. The Copperstone mine project demonstrates significant upside exploration potential that has yet to be drilled within a 50-square-kilometre (12,258 acre) land package that includes past production of over 500,000 ounces of gold by way of an open-pit operation. The company's current focus is on maximizing Copperstone's potential by defining and expanding current resources and further optimizing the mine's economics for purposes of the near term restart of production.