Gold X Confirms High-Grade Gold Structures at Toroparu - Initiates 10,000 M Phase 2 Drill Program - Seite 3

Figures 3 through 6 present the geological model in cross-section (see Fig. 3 for section locations) with results from the 2020 and historical drill programs highlighting the continuity of gold mineralization within the sub-vertical high-grade structures.

• Section A–A’ includes four 2020 DDH: TPD 525, 530, 523 and 532,
• Section B–B’ includes one 2020 DDH: TPD 526,
• Section C-C’ includes one 2020 DDH: TPD 533, and
• Section D-D’ includes two 2020 DDH: TPD 509 and 528.

Each of these sections illustrate structures with a high-grade structural core (grading > 5 g/t) surrounded by a lower-grade halo (> 1.5 g/t). Collectively, these assay results and historically drilled intercepts confirm the Nordmin/HPX Geological Model.

Figure 3: is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/171ac10b-fc4e-4c41 ...

Figure 4 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/300b8979-b25c-4879 ...

Figure 5 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e2056ad7-02e8-49f9 ...

Figure 6 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6b458d41-750c-4f5f ...

Phase 1 Drill Program Highlight Table
Assay results from the 2020 diamond drill programs highlighted in this press release include:

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aec5f761-ce32-4696 ...

The 2020 diamond drilling program recovered 10,256 m of drill core from 72 holes (TPD 469 to TPD539) drilled to vertical depths of up to 580 meters. Core samples for the 2020 drill program were collected over 0.5 m to 1.0 m intervals within the mineralized zone and 1.5 m intervals in the barren intervals. The sampling has been driven by sulfides content, quartz carbonate veins density and lithological discrimination of barren mafic dikes. Half core was submitted to MS Analytical Labs in Georgetown, Guyana for analysis. Gold was analyzed by fire assays atomic absorption reading and gravimetric reading over 10 ppm. A standard quality control procedure has been applied including blanks, standards, and duplicates.