Silver Spruce Stakes Additional Contiguous Claims, Doubles Holdings To 148 Sq Km at Mystery Au Project, Newfoundland and Labrador - Seite 2

The gold grain in till program accompanied by B zone soil geochemical sampling is complete over a total of 129 of the proposed 184 locations. Those sites remaining were deferred due to distance from access trails and swampy ground and will require future helicopter support. As per the autumn 2021 program, the till samples, averaging 12kg in weight of screened -¼" or -½" material, were shipped to Nepean, Ontario and submitted to Overburden Drilling Management ("ODM") for processing and gold grain analysis. The soil samples were shipped to ALS Global in North Vancouver for precious metal and multi-element analysis.

Foto: Accesswire

Figure 1. Map of the Mystery Project claims, named from north to south, Marilyn (consolidated with new claims and Till block) and Mystery Lake, located only 20-50km south of Bishop's Falls, Newfoundland.

Foto: Accesswire

Figure 2. Map of the Marilyn property including 2021 optioned and 2022 staked claims.

Foto: Accesswire

Figure 3. Map of the Mystery claims showing gold grain frequency recovered from wide-spaced Phase 1 till and B soil sampling locations during 2021 and 2022. The western area of the Marilyn claims and the south Till claims contain overlapping gold grain and Au-As-Sb geochemical signatures.

Foto: Accesswire

Figure 4. Map of the Marilyn claims showing total gold grain frequency recovered from wide-spaced Phase 1 till and B soil sampling locations during 2021 and 2022. Black dots denote unsampled sites.

Foto: Accesswire

Figure 5. Map of the Marilyn claims showing B soil sampling with Arsenic (ppm), a key indicator of the known Au-As-Sb mineralization, in graduated symbols. Black dots denote unsampled sites.

Foto: Accesswire

Figure 6. Map of the Marilyn claims showing combined gold grain frequency and heavy metal geochemical signature anomalies upon airborne geophysical map - first vertical derivative. Botwood Group metasediments with northeast fabric in contact with north-south Mount Peyton multi-phase intrusion. Black dots denote unsampled sites.

Exploration

The reconnaissance sampling (95 sites) was completed before the winter 2021 shutdown and an additional thirty-four of the readily accessible sites were tested during the 2022 field season. The remaining gold grain and multi-element geochemistry results from the 2022 program were received in December from Overburden Drilling Management ("ODM") and ALS Global ("ALS"). The first pass 500m x 1000m grid results are under review with select maps of the gold grain and geochemistry denoted herein.