Angus Gold Continues to Expand Land Package TORONTO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Angus Gold Inc. (TSX-V: GUS | OTC: ANGVF) (“Angus” or the “Company”) is pleased to announce that it has completed the acquisition of a 100% interest in six (6) mineral claims (the “Acquisition Claims”) that are contiguous and adjacent to the Golden Sky Project located in Wawa, Ontario. The Company also announces that it has recently staked an additional 49 mineral claims (the “Staked Claims”). The Golden Sky project is the site of significant new gold discoveries in the banded iron formation horizon (“BIF”) and is also host to a historic gold resource in the Dorset Zone. The consolidated Golden Sky land package now stands at 261 square kilometres.
Steve Burleton, Chief Executive Officer of Angus, states: “We are delighted that we were able to continue expanding the Golden Sky project, particularly after making the two new gold discoveries in the BIF and drilling some of the best results to-date at Dorset. Since we started our exploration program at Golden Sky in early 2020, we are encouraged by the positive results of this underexplored land package. We continue to believe that this land package has great potential for more significant discoveries and are very excited about our upcoming drill program. As the claims are contiguous to the project, ongoing regional exploration programs will include the new areas.”