ExGen Announces Red Star Core Drilling Returns High-Grade Silver & Empire Mine Open Pit Gold Zone Drilling Continues to Show Robust Gold, Silver and Copper - Seite 2

Holes KX20-01 and KX20-05 both returned significant, near-surface gold values at shallow depths. These shallow intercepts appear to be closely related to the higher-grade gold trend defined from the 2018 drilling. Holes KX20-09 returned 6.1 metres of 2.05 g/t gold and KX20-15 returned a gold value of 9.78 g/t over 1.5 metres. Of particular interest, in addition to gold, are the elevated silver and copper values shown throughout all of the drilling.  Drill hole KX20-18 returned 1.5 metres of 508 g/t silver with 2.41 g/t gold and 6.13% copper, and holes KX20-19 and KX20-20 both showed values above 140 g/t silver, with copper intercepts above 4%. These results are not unusual given the polymetallic nature of the Empire Mine and are important in understanding the connection between the near surface, high-grade polymetallic oxide zones and the connection with the deeper, high-grade polymetallic sulphide vein system.

A total of 48 channel samples, each 1.6 m in length, were collected from limited outcroppings around the Empire Mine Open Pit Gold Zone. The channel samples were collected to aid in drill targeting and to provide grade and geological information on the magnetite skarn contact.   In addition to the results from drilling, the assays for the 48 channel samples collected in the Empire Mine Open Pit Gold Zone returned respectable gold and copper grades on the surface, most notably 3.84 g/t gold, 74.1 g/t silver, and 2.83% copper (Table 3).

RED STAR
The results from core holes RSD20-01, -03, -04 and -06 (Table 4) confirm the orientation and continuation of the high-grade silver and lead system, both down-dip and to the south of the discovery outcrop, which was first discovered in the 2018 exploratory RC drilling program.  Especially noteworthy are the results from core holes RSD20-01 and RSD20-03, with 1.5 metre intercepts of 204 g/t (6.56 oz/tonne) silver and 2.31% lead, and 360 g/t (11.57 oz/tonne) silver and 7.79% lead, respectively, though numerous other silver intercepts in excess of 115 g/t (3.70 oz/tonne) were received. 

Holes RSD20-07 through RSD20-10 (results pending) were primarily drilled to give an indication of the limits of the mineralization, both geologically into the granite and at the limits of the patented claims to the north. 

NAVARRE CREEK

The Navarre Creek Gold claims are located 5 km west of the Empire Mine. Assays for the rock chip samples are pending.

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