From the 224 saprolite (weathered bedrock) samples collected, 57 samples returned anomalous gold values greater than 14 parts per billion (ppb) based on the 75th percentile threshold.

Of these 57 samples, 23 samples are considered strongly anomalous ranging from 34.6 to 4003.8ppb Au based on the 90th percentile break.

The samples were collected at 100m intervals on lines spaced 500m apart over a grid 6.5-kilometer long and 1.6-kilometer wide located in the central part of the property area.

Although the survey provides limited, preliminary coverage, it clearly points to at least five prospective gold targets within the survey area.

The company said it intends to follow up these encouraging sample results with a mechanical trenching and channel sampling program in the five prospective areas with the goal of defining drill targets.