Big Ridge Gold Corp V.BRAU

RE:Big Ridge Announces Additional Results

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Highlights:

• Drill hole HB-21-148 intersected 1.09 g/t Au over 33.0 m including 4.52 g/t Au over 4.1 m, Drill hole HB-22-158 intersected 1.64 g/t Au over 20.8 m including 5.77 g/t Au over 4.7 m and Drill hole HB-22-159a intersected 1.41 g/t Au over 15.1 m including 3.25 g/t Au over 4.2 m.

• Drilling continues to intersect gold and extend mineralization outside and along the projected trend of the current resource envelope that is based on a gold price of US$1,200 per ounce and 3.0 g/t Au cut-off grade.

•      The Phase 1 drill program continues with a focus on expanding the Main and 240 Zones near surface and testing the down dip extensions of both areas in the current program.

• 100% of the drill results received to date have intersected gold mineralization. The Phase 1 drill program is expected to run until August 2022 and will focus on connecting the Main Zone and 240 Zone near surface and at depth respectively and testing the down dip extensions to both the Main and 240 Zones before moving to test the NE Extension.