Government of New Brunswick
November 2019

In a November 13, 2019 press release, Galway Metals Inc. announced drill results from the Jubilee and Richard zones on their Clarence Stream property in southwestern New Brunswick. Highlights from the Richard Zone include 20.7 g/t Au over 9.5 m, including 92.0 g/t Au over 0.75 m, 51.9 g/t Au over 0.9m, and 23.5 g/t Au over 1.1 m, plus 14.2 g/t Au over 7.5 m including 63.6 g/t Au over 0.8 m, 49.1 g/t Au over 0.5 m, and 17.5 g/t Au over 0.75 m (19BL-72). Drill hole 19BL-69 intersected 5.5 g/t Au over 16.7 m, including 50.7 g/t Au over 0.5 m, 9.5 g/t Au over 0.5 m, 8.4 g/t Au over 0.6 m, 32.4 g/t Au over 0.5 m, 43.2 g/t Au over 0.6 m, and 11.7 g/t Au over 0.6 m. Jubilee Zone highlights include 2.2 g/t Au over 2.2 m, plus 0.9 g/t Au over 4.5 m, plus 1.9 g/t Au over 2.4 m (BL19-48). Drill hole BL19-46 intersected 0.7 g/t Au over 10.45 m including 3.3 g/t Au over 1.3 m, plus 0.5 g/t Au over 11.95 m, including 1.7 g/t Au over 0.5 m. Wildcat drilling at two zones (4.8 km and 1.5 km) west and along strike of the South Zone intersected additional zones of mineralization similar to the South Zone and the interpreted down-dip extension of the Jubilee Zone. Although many of the assays are still pending, the best assay to date from the Wildcat drilling was 1.8 g/t Au over 1.0 m (GWM-19SW-03).

In a November 27, 2019 press release, X-Terra Resources announced results from a second trenching program completed on the Grog and Northwest properties in northern New Brunswick. Results from the seven trenches have extended the Bellevue showing to about 1.4 km southward of the initial Grog showing. Highlights include 0.33 g/t over 10 m of apparent thickness in trench 14. Higher values of up to 1.79 g/t over 1.5 m in trench 15, is associated with open space quartz veining and disseminated arsenopyrite. X-Terra also reported a new discovery between the Bellevue and Grog showings where gold values were intercepted in Trench TR-20 over the length of the trench (151 m). A 65 m interval of this trench, consisting of altered conglomeratic units, yielded results of 0.3 g/t over 5 m, 0.4 g/t and 0.8 g/t over 2 m. Trenching at the Northwest property (located to the southwest of the Grog occurrence) confirmed the presence of a fourth gold-bearing quartz vein (Lavoie showing), where new results up to 4.5 g/t Au were obtained. A second trench 60 m to the south discovered another gold-bearing vein, which returned 0.35 g/t Au over 1 m.

In a November 29, 2019 press release, Goldstar Minerals reported partial assay results from drilling at their Lake George Property in central New Brunswick. Drill hole LG-19-07 intersected ten gold values over 0.1 g/t, including 0.42 g/t over 2 m, 0.22 g/t over 3 m, 0.45 g/t over 1 m and 0.44 g/t over 1 m. Most gold values are strongly associated with increased copper, bismuth and tellurium. Drill hole LG-19-03 intersected a gold value of 0.98 g/t near the bottom of the hole. Drill holes LG-19-08 to LG-19-10 intersected wide and strongly mineralized intervals containing sulfides and scheelite, the results of which are pending.