Gold’n Futures signs definitive option agreement to acquire up to 90 % of Hercules Gold Project - Seite 2

Host syn-volcanic Elmhirst Lake Intrusion Complex (2736 Ma)

o  13 km by 7 km with felsic metavolcanic equivalents
o  complex system of predominantly granodiorite-(trondhjemite-tonalite) intrusions (GTT) with a central magnetic core of diorite/quartz diorite
o  extrusive co-magmatic felsic pyroclastics form arcuate apron about Elmhirst Lake Intrusion Complex (ELIC)

Hosts > 30 gold-bearing quartz vein/stockwork zones in shears within the ELIC

Golden Mile

• the jewel of the multiple vein systems
• has strike length in excess of 1.6km
• characterized by laminated, sheeted vein system
• averages 20.2 g/t Au / 4.0 meters true thickness over a 400m length
• coarse visible gold (electrum) and local gold-bearing base metal mineralization
• exceptional surface gold grades
  
  o  surface channels up 32.96 g/t Au / 11.55 meters; averaging 20.2 g/t Au over an average length of 4.0 meters.
  
  
• Open, high grade potential down-plunge of the Golden Mile vein system
  
  o  at shallow (50m) depths and in deeper (450m) parts of the vein system
  o  5 partially outlined gold shoots over a 2.2 kilometer strike length
  
  
• Gold-bearing structures coincide with
  
  o  strong regional magnetic high and low features for over 3.6 kilometers
  
  
• Similar in geological environment to
  
  o  Renabie Mine (1.1 Moz) in the Missinaibi Lake Batholith (2721 Ma)
  o  Bourlamaque Intrusive Complex (2700 Ma), which hosted approximately 4.1 Moz Au
  o  IAMGOLD’s Cote Lake Deposit (10Moz) in the Chester Intrusive Complex (2740 Ma)
  
  
• Upside potential for brownfield development
  
  o  open structural corridor for 3.6 kilometers
  o  multiple gold shoots
  o  a strong resource factor
  o  excellent gold recoveries

It should be noted that results/resources on adjacent or similar properties are not necessarily indicative of what may be expected from the current program.

Opportunity and Next Steps

In the coming months, the Company intends to update the Mineral Resource Report to include the 90 drill holes not accounted for in the 2010 WGM resource model. Structural and geological modelling of the gold zones will also be done as those models were never performed to determine constraints of zones and target generation. The Company will further re-sample core, as past sampling intervals were not consistently extended to the shoulders of the sample, impacting on zone width. Finally, the Company will evaluate the Lucky Strike zone which is 250 meters southwest and subparallel to the Golden Mile zone; since the Lucky Strike zone was not evaluated subsequent to the completion of the Mineral Resource Report. Additionally, the Mineral Resource Report model employed a 10gram cut-off and a 60-gram high grade sample cap with gold at $850 per oz.