Government of New Brunswick
April 2018

In an April 11, 2018 press release, Osisko Metals Incorporated reported results from the drilling program on their Gilmour South Project near Bathurst in northern New Brunswick.  Results include:  GS-17-07A intercepted 3.48 m of 3.48% Zn, 0.51% Pb, 0.37% Cu, 18.77 g/t Ag, and 0.28 g/t Au; GS-17-09 intercepted 2.25 m of 4.85% Zn, 1.42% Pb, 0.25% Cu, 0.02 g/t Ag, and 0.37 g/t Au; GS-18-11 intercepted 4.37 m of 5.35% Zn, 1.93% Pb, 0.28% Cu, 16.87 g/t Ag, and 0.29 g/t Au; and GS-18-19 intercepted 7.00 m of 13.76% Zn, 3.39% Pb, 0.23% Cu, 50.81 g/t Ag, and 0.23 g/t Au.  The drill holes provided additional information that suggests that the massive sulphide deposit is thicker than previously interpreted and is laterally continuous over a strike length of 420 m.

In an April 11, 2018 press release, Goldstar Minerals Inc. announced that drilling will soon commence on their Lake George property in west central New Brunswick. The ten hole (2,500 m) drilling program will concentrate on the Coyote and WLF gold zones and will test two gravity anomalies that were recently identified:  one anomaly is large and relatively strong located in an unexplored area in the western portion of the property near the granite contact, and the second anomaly is a relatively low anomaly that may correspond to a possible extension of the WLF gold zone to the southeast. 

In an April 12, 2018 press release, Callinex Mines Inc. released drill hole results for the Nash Creek Project in the Bathurst Mining Camp in northern New Brunswick. Thirteen out of fifteen drill holes intersected zinc mineralization including: NC17-261 intersected 23.0 m assaying at 4.2% Zn Eq including 8.3 m of 6.0% Zn Eq; NC17-273 intersected 10.0 m of 2.6% Zn Eq including 5.0 m of 3.8% Zn Eq; and NC17-279 intersected 23.0 m of 2.6% Zn Eq including 8.0 m of 3.7% Zn Eq.  The holes were drilled to test the margins of the Nash Creek Deposit for extensions of mineralization, and to confirm historical drill results (1970s) at the Hickey Zone.

Callinex Mines Inc. reported an updated National Instrument 43-101 mineral resource estimate for the Nash Creek Project in an April 16, 2018 press release.  The updated resource is based on 279 drill holes totaling 37,421 m including the 2017 exploration program (59 drill holes totaling 10,586 m), which expanded the near surface deposit.  The new estimate consists of an Indicated mineral resource totaling 13.6 Mt with an average grade of 3.2% Zn Eq (2.7% Zn, 0.6% Pb, 17.8 g/t Ag) and containing 963 million pounds of zinc equivalent mineralization (an increase of 74%), and an Inferred mineral resource totaling 5.9 Mt with an average grade of 3.1% Zn Eq (2.7% Zn, 0.5% Pb, 14.0 g/t Ag) containing 407 million pounds of zinc equivalent mineralization (an increase of 385%).

In an April 19, 2017 press release, Galway Metals Inc. reported partial assay results for seven drill holes (totaling 2,128 m) from the George Murphy Zone at their Clarence Stream property in southwestern New Brunswick.  The drill holes are primarily located in the 300 m space between the two lines of drilling that intersected the original discoveries.  The results include:  GWM18CL-17 intercepted 1.3 g/t Au over 10.3 m and 0.9 g/t Au over 7.2 m; GWM18CL-19 intercepted 2.6 g/t Au over 4.6 m, 0.9 g/t Au over 8.5 m, and 2.2 g/t Au over 0.75 m; GWM18CL-21 intercepted 8.1 g/t Au over 1.6 m; and GWM18CL-22 intercepted 5.3 g/t Au over 3.9 m.