Gold Plus Mining Discovers Extensive Mineralization on Its Pluto Properties Contiguous to Kenorland Minerals in Quebec - Seite 2

Discoveries on the East block include the presence of sphalerite amongst other sulphides in the southwest part of the East Block, this may suggest an environment favorable for volcanogenic massive sulphide (VMS) mineralization. This may be corroborated by findings from historic drilling in this approximate stratigraphic level, in the area between the two Pluto claim blocks. In addition to this, the East block hosts a corridor of veining prospective for the presence of gold, running east-west and consisting of several generations, or phases, of veining. The thickness of the quartz-chlorite to quartz-ankerite veining is approximately 10 meters but that is a very early approximation based on field observations. These features are approximately on strike of, and may be related to, the chloritic shear structure which hosts gold mineralization at the Lac Cavan gold occurrence, about 1km east of the property. The possible presence of lenses or sills of quartz feldspar porphyry may also be a favorable sign for gold mineralization; orogenic gold occurrences frequently have a close spatial relationship to both deformation zones and porphyry bodies.

Both of the Pluto properties are made up of a series of crustal scale deformation zones and highly prospective sedimentary-volcanic rock contacts. The properties are located approximately 40km west of the Chibougamau mining camp and 10km west of the Chapais mining camp (6.5 M oz Au; 2.7 B lbs Cu of historic production). The Chibougamau camp has historically been mined and explored for Cu-Au mineralization but the recent discovery of the Nelligan deposit (IAMGOLD – Vanstar Resources) highlights the regional potential for orogenic gold mineralization which has been overlooked in the past.

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Gold Plus intends to leverage recent and historic work, both on the property and adjacent to the property, to identify high priority targets for a potential drill program.

Data sources available for the targeting program include geophysics, geochemical surveys and drill data. Collectively these demonstrate local mineralized trends, which may carry onto Pluto ground, including in previously unexplored areas, as well as mineralization present on the properties which requires follow up work. Management cautions that past results or discoveries on properties in proximity to Gold Plus may not be indicative to mineralization on the Company’s properties.