VANCOUVER, BC / ACCESSWIRE / October 26, 2018 / FIORE GOLD LTD. (TSX-V: F) (OTCQB: FIOGF) ("Fiore" or the
"Company") today announced the filing of a technical report for the Company's Gold Rock property (the "Report") entitled,
"Technical Report on the Gold Rock Project, White Pine County, Nevada, USA." The Report, which is dated October 25, 2018 and is
effective July 31, 2018, was prepared in compliance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects
("NI 43-101") and is available under Fiore Gold's profile on SEDAR at www.sedar.com and on
the Company's website at www.fioregold.com.
The Report was prepared by Michael B. Dufresne, M.Sc., P.Geol., P.Geo., and Steven J. Nicholls, BA Sc (Geology), MAIG., of APEX
Geoscience Ltd., both of whom are "qualified persons" as defined in NI 43-101 and independent of the Company. The Report supports
the scientific and technical disclosure for the updated Mineral Resource estimate contained in the Company's press release dated
September 12, 2018.
Corporate Strategy
Our corporate strategy is to grow Fiore Gold into a 150,000 ounce per year gold producer. To achieve this, we intend to:
- continue to grow gold production at the Pan Mine, while increasing the resource and reserve base
- advance exploration and development of the nearby Gold Rock project
- acquire additional production or near-production assets in Nevada and surrounding states
On behalf of FIORE GOLD LTD.
"Tim Warman"
Chief Executive Officer
Contact Us:
info@fioregold.com
1 (416) 639-1426
www.fioregold.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
Cautionary Note Regarding Forward Looking Statements
This news release contains "forward-looking statements" and "forward looking information" (as defined
under applicable securities laws), based on management's best estimates, assumptions and current expectations. Such statements
include but are not limited to, all of the future estimates and planned development referenced in the technical report for the Gold
Rock property, expectation to grow gold production at Pan, goal to become a 150,000-ounce producer, goal to acquire additional
production or near production assets, and other statements, estimates or expectations. Often, but not always, these forward-looking
statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "targets",
"forecasts", "intends", "anticipates", "scheduled", "estimates", "aims", "will", "believes", "projects" and similar expressions
(including negative variations) which by their nature refer to future events. By their very nature, forward-looking statements are
subject to numerous risks and uncertainties, some of which are beyond Fiore Gold's control. These statements should not be read as
guarantees of future performance or results. Forward looking statements are based on the opinions and estimates of management at
the date the statements are made, as well as a number of assumptions made by, and information currently available to, the Company
concerning, among other things, anticipated geological formations, potential mineralization, future plans for exploration and/or
development, potential future production, ability to obtain permits for future operations, drilling exposure, and exploration
budgets and timing of expenditures, all of which involve known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievement of Fiore Gold to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to vary materially
from results anticipated by such forward looking statements include, but not limited to, risks related to the Pan Mine performance,
risks related to the company's limited operating history; risks related to international operations; risks related to general
economic conditions, actual results of current or future exploration activities, unanticipated reclamation expenses; changes in
project parameters as plans continue to be refined; fluctuations in prices of metals including gold; fluctuations in foreign
currency exchange rates; increases in market prices of mining consumables; possible variations in ore reserves, grade or recovery
rates; uncertainties involved in the interpretation of drilling results, test results and the estimation of gold resources and
reserves; failure of plant, equipment or processes to operate as anticipated; the possibility that capital and operating costs may
be higher than currently estimated; the possibility of cost overruns or unanticipated expenses in the work programs; availability
of financing; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the
mining industry; delays in the completion of exploration, development or construction activities; the possibility that required
permits may not be obtained on a timely manner or at all; possibility that the Gold Rock ROD will be appealed and that such an
appeal may be successful; changes in national and local government regulation of mining operations, tax rules and regulations, and
political and economic developments in countries in which Fiore Gold operates, and other factors identified in Fiore Gold's filing
with Canadian securities authorities under its profile at www.sedar.com
respecting the risks affecting Fiore and its business. Although Fiore has attempted to identify important factors that could
cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate,
as actual results and future events could differ materially from those anticipated in such statements. The forward-looking
statements and forward-looking information are made as of the date hereof and are qualified in their entirety by this cautionary
statement. Fiore disclaims any obligation to revise or update any such factors or to publicly announce the result of any revisions
to any of the forward-looking statements or forward-looking information contained herein to reflect future results, events or
developments, except as require by law. Accordingly, readers should not place undue reliance on forward-looking statements and
information.
SOURCE: Fiore Gold Ltd.