RE:news coming soon...Historical
Table 1 Highlights of 2021 Drilling at Inel Ridge, Inel Gold Prospect, KSP Property
| Drill Hole | From | To | Length | Au | Ag | Zn | Cu | AuEq* |
| | m | m | m | g/t | g/t | % | % | g/t |
| INDDH21-160 | 241.00 | 271.50 | 30.50 | 0.81 | 4.7 | 0.050 | 0.093 | 1.06 |
| including | 252.00 | 254.07 | 2.07 | 9.52 | 5.2 | 0.026 | 0.070 | 9.72 |
| INDDH21-161 | 142.00 | 214.00 | 72.00 | 0.45 | 7.0 | 0.528 | 0.047 | 0.94 |
| including | 208.77 | 209.67 | 0.90 | 2.46 | 46.3 | 0.592 | 0.054 | 3.53 |
| INDDH21-162 | 127.00 | 217.00 | 90.00 | 1.92 | 6.1 | 0.116 | 0.039 | 2.14 |
| including | 174.00 | 175.50 | 1.50 | 23.70 | 13.8 | 0.183 | 0.119 | 24.19 |
| INDDH21-163 | 76.65 | 78.40 | 1.75 | 6.26 | 40.5 | 0.041 | 1.197 | 8.81 |
| and | 232.00 | 253.00 | 21.00 | 0.48 | 9.0 | 1.138 | 0.045 | 1.37 |
| including | 239.00 | 242.00 | 3.00 | 2.47 | 34.7 | 2.107 | 0.168 | 4.49 |
Inel Ridge
The ridge crest at Inel currently defines the south-eastern limit of Inel's global resource target area and has been tested historically with wide-spaced (50 to 100 m) drill holes and characterized by local high gold grades within broad intervals of elevated Au, Ag, Zn +/- Cu, lead ("Pb") and arsenic ("As"). Inel Ridge tracks the footwall of the steeply east dipping, north-northeast trending Big Rock Deformation Zone ("BRDZ"), an 8 kilometre ("km") long by up to 100 m wide brittle-ductile shear zone with an inferred dextral offset of approximately 600 m. Mineralization occurs as sulphide-rich quartz-carbonate extensional vein arrays (Figure 4) which, on Inel Ridge, are best developed within altered siliciclastic sediments below a mafic volcanic fragmental unit on the upright eastern limb of the north-northeast plunging, westerly verging Inel Synform. The strike of the BRDZ and the plunge direction of the Inel Synform are near parallel and drilling in 2021 was in a structurally complex area near the confluence of these two structural elements. A late set of gold bearing quartz-sericite-pyrite-chalcopyrite shear veins is recognized.
AK Adit North
Diamond drill hole INDDH21-168 was designed to test the northern limit of the Inel resource area immediately north of the AK Adit. The hole deviated slightly north into an interpreted west-northwest oriented faulted zone of predominantly siltstone cut by numerous monzonite and monzodiorite dykes. A 1.07 m interval of quartz-carbonate-sulphide veining at 191.42 m assayed 4.22 g/t Au, 11.2 g/t Ag and 0.72% Zn with increasing arsenic (As) geochemistry at the bottom of the hole suggesting untested exploration potential at depth.
Based on surface mapping and drilling to date, thrust faults and analogous property scale fold axial planes are sub-parallel to the BRDZ, all of which exhibit spatial association to mineralization and are important conduits for mineralizing fluids. As well, a component of stratigraphic control to mineralization is recognized.
Table 2 Select Highlights of Historical Drill Results at Inel Ridge, Inel Gold Prospect, KSP Property
| Drill Hole | From | To | Length | Au | Ag | Zn | Cu | AuEq* |
| | m | m | m | g/t | g/t | % | % | g/t |
| INDDH18-125 | 171.00 | 221.00 | 50.00 | 2.32 | 6.2 | 0.094 | 0.050 | 2.54 |
| including | 199.00 | 211.00 | 12.00 | 5.71 | 9.6 | 0.098 | 0.121 | 6.10 |
| INDDH17-055 | 102.00 | 175.00 | 73.00 | 1.71 | 5.4 | 0.300 | 0.024 | 2.00 |
| including | 104.25 | 111.00 | 6.75 | 4.61 | 14.0 | 1.476 | 0.045 | 5.77 |
| including | 135.00 | 143.00 | 8.00 | 4.32 | 4.5 | 0.133 | 0.030 | 4.51 |
| and | 190.50 | 219.00 | 28.50 | 5.03 | 13.8 | 0.289 | 0.024 | 5.43 |
| including | 191.85 | 194.50 | 2.65 | 31.59 | 91.3 | 1.275 | 0.018 | 33.62 |
| including | 209.00 | 217.00 | 8.00 | 5.00 | 13.6 | 0.367 | 0.038 | 5.47 |
Exploration Opportunities for Resource Expansion at Inel Ridge
- The significant drill intersection in INDDH21-162 at 90 m of 1.92 g/t Au, modelled in 3D, is 70 to 100 m from similar lengths and grades intersected in historic holes INDDH17-055 and INDD18-125 and is open to the north-northeast with an inferred shallow to moderate plunge under Inel Ridge or roughly parallel to the Inel Synform.
- The 3.0 m sediment-hosted intersection grading 2.47 g/t Au, 34.7 g/t Ag, 2.41% Zn at depth in INDDH21-163 (Figure 4) occurs within a broad interval of elevated Zn-As (up to 0.53% As) and is over 100 m from the trace of the nearest drill hole in an area largely untested by drilling.
- INDDH21-159 successfully tested the footwall of the BRDZ to the east of Inel Ridge intersecting elevated Zn in the bottom 37 m of the hole including an intersection of 1.90 m of 3.67 g/t Au, 72.9 g/t Ag, 1.16% Zn at 226.30 m.
Table 3: Full Table of Significant Results from INDDH21-159, 160, 161, 162, 163, 168 & 169
| Drill Hole | From | To | Length | Au | Ag | Zn | Cu | AuEq* |
| | m | m | m | g/t | g/t | % | % | g/t |
| INDDH21-159 | 108.00 | 110.00 | 2.00 | 1.13 | 1.1 | 1.160 | 0.019 | 1.88 |
| and | 226.30 | 228.20 | 1.90 | 3.67 | 72.9 | 1.344 | 0.088 | 5.61 |
| INDDH21-160 | 131.00 | 133.00 | 2.00 | 2.78 | 3.4 | 0.378 | 0.018 | 3.09 |
| and | 241.00 | 271.50 | 30.50 | 0.81 | 4.7 | 0.050 | 0.093 | 1.06 |
| including | 252.00 | 254.07 | 2.07 | 9.52 | 5.2 | 0.026 | 0.070 | 9.72 |
| INDDH21-161 | 36.00 | 50.00 | 14.00 | 1.05 | 10.1 | 0.721 | 0.072 | 1.74 |
| including | 45.75 | 48.00 | 2.25 | 1.22 | 18.8 | 1.020 | 0.097 | 2.25 |
| and | 142.00 | 214.00 | 72.00 | 0.45 | 7.0 | 0.528 | 0.047 | 0.94 |
| including | 191.00 | 191.83 | 0.83 | 1.53 | 35.9 | 4.810 | 0.255 | 5.36 |
| including | 203.00 | 205.00 | 2.00 | 1.38 | 17.2 | 1.140 | 0.030 | 2.35 |
| including | 208.77 | 209.67 | 0.90 | 2.46 | 46.3 | 0.592 | 0.054 | 3.53 |
| INDDH21-162 | 8.40 | 11.50 | 3.10 | 2.20 | 18.9 | 0.314 | 0.064 | 2.75 |
| and | 127.00 | 217.00 | 90.00 | 1.92 | 6.1 | 0.116 | 0.039 | 2.14 |
| including | 174.00 | 175.50 | 1.50 | 23.70 | 13.8 | 0.183 | 0.119 | 24.19 |
| including | 209.00 | 214.50 | 5.50 | 4.95 | 3.9 | 0.010 | 0.069 | 5.12 |
| INDDH21-163 | 76.65 | 78.40 | 1.75 | 6.26 | 40.5 | 0.041 | 1.197 | 8.81 |
| and | 232.00 | 253.00 | 21.00 | 0.48 | 9.0 | 1.138 | 0.045 | 1.37 |
| including | 239.00 | 242.00 | 3.00 | 2.47 | 34.7 | 2.107 | 0.168 | 4.49 |
| INDDH21-168 | 191.42 | 192.49 | 1.07 | 4.22 | 11.2 | 0.723 | 0.022 | 4.85 |
| INDDH21-169 | NSV |