President remarks Ed Kruchkowski, President of the Company states: "The recent financing from Teuton Resources Corp has allowed the Company to complete approximately 2300 m in the 10 current holes. The Company is very grateful for the support of Teuton that has allowed for the intersection of very prospective intervals in the latest drill holes. All holes have intersected the Argo/LG mineralization. The presence of visible gold in DDH-21-9 may indicate the source of the placer gold in Nelson Creek. This is one of four areas in the Stewart region whereby placer gold is found in streams and three of the other areas have gold deposits associated with them."
The drilling is testing the contact of felsic volcanic rocks of the Hazelton Group and sedimentary rocks of Salmon River Formation. This is the same horizon that hosts the Eskay Creek mine 60km north of Stewart. Drilling is from drill stations located on rock islands (nunataks) within the South Nelson Glacier. The 2021 drilling has successfully tested for extensions of 2020 gold-silver drill hole intersections.