The Company recently completed the 6,536-meter (m) program initiated in July 2021. These results are from six reverse circulation (RC) holes, comprising approximately 1,410m, and partial results from two core holes. These holes are from the Water Well Zone (WWZ), which lies immediately east of the Lookout Mountain gold resource.

The most significant new gold intercepts in these holes include:

22.9m at 6.11 grams per tonne (g/t) gold from 140.8m depth in BHSE-220C, including 12.2m at 8.92 g/t gold from 151.5m depth; 10.7m at 2.96 g/t gold from 229.2m depth in BHSE-211C; 22.9m at 1.11 g/t gold from 219.5m depth in BHSE-198; 6.10m at 2.85 g/t gold from 161.5m depth in BHSE-204.

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