Emgold Acquires One Hundred Percent Interest in East-West and Trecesson Properties, Quebec - Seite 3

Work for the historic drilling was done prior to the implementation of National Instrument 43-101 and CIM standards of disclosure. No core is available for re-assay and QA/QC procedures are unknown. The drilling results have not been verified by a qualified person and are being treated as historic information. Historic information does provide a guide for future exploration.

Knick acquired the East-West Property in 2007. They subsequently conducted three drilling programs. The first consisted of 38 drill holes for a total of 7,228.9 m drilled in 2009, the second totaled 5,635.4 m in 33 drill holes drilled in 2011, and the third totaled 6,864 m in 29 drill holes in 2016/17. Total drilling by Knick was 100 drill holes totaling 19,728 m of drilling. This equates to an average hole length of 197.2 m per hole.

Selected significant drill intercepts (intercepts greater than 10.0 g/t Au and with lengths greater than 1.0) from Knick drilling that occurred in 2009, 2011, and 2016/17 include:

• 11.149 g/t Au over 1.95 m from a depth of 52.10 m to 54.05 m in hole LEO-09-21
• 10.080 g/t Au over 1.45 m from a depth of 10.55 m to 12.00 m in hole LEO-09-33
• 31.500 g/t Au over 1.25 m from a depth of 101.95 m to 103.20 m in hole EW-16-06
• 15.191 g/t Au over 2.40 m from a depth of 79.15 m to 81.55 m in hole EW-16-10
• 13.300 g/t Au over 1.10 m from a depth of 260.30 m to 261.40 m in hole EW-17-20
• 10.010 g/t Au over 1.40 m from a depth of 195.20 m to 196.60 m in hole EW-17-27

Emgold management believes significant exploration potential exists at depth at East-West, given the depth of similar deposits along the Marbenite Deformation Corridor. True width of intervals is unknown.

Knick's samples were sent to Laboratoire Expert Inc. (Expert Laboratory Inc.) in Rouyn-Noranda, Quebec or ALS Laboratories in Val d'Or for analysis. Fire assay and metallic sieve methods were used analysis. QC/QC measures in Knick's drilling program included blanks and standards. Emgold considers these results to be historical and it has not yet completed sufficient work to independently verify the results.

Information on the Property can be found in the NI 43-101 Technical Report Pertaining to the East-West Property, Val d'Or Area, Northwestern Quebec, Abitibi Region, by Donald Théberge, P.Eng., M.B.A. dated November 21, 2017, and found under Knick's corporate filings at www.sedar.com.

About the Trecesson Property
The Trecesson Property is located approximately 50 km north and 10 km northwest of the cities of Val D'Or and Amos, Quebec, respectively. It contains the Cossette Gold System with two main exploration targets identified to date along that system - South Cossette and North Cossette Targets.