Exploration Highlights

In press releases issued on February 13 and 26, 2019, Galway Metals Inc. reported assay results for the Richard Zone, a new gold discovery located between the George Murphy and Jubilee zones, at their Clarence Stream gold property in southwestern New Brunswick. Four holes were drilled: BL18-12 (discovery hole), BL19-13 (100 m west of the discovery hole), BL19-14 (100 m east of the discovery hole), and BL19-15. Assay results from BL18-12 include 7.3 g/t Au over 36.7 m (including 38.1 g/t Au over 7.5 m). BL19-15 encountered two intersections of quartz veining and visible gold, approximately 50 m NW and 97 m vertically below the visible gold in BL18-12. Partial assay results from BL19-15 yielded 5.4 g/t Au over 11.0 m (including 20.9 g/t Au over 2.55 m).  Partial assay results from BL19-13 include 2.5 g/t Au over 6.85 m and 13.4 g/t Au over 1.4 m, and 2.1% Zn over 1.1 m. Assay results for BL19-14 are pending. Additionally, a grab sample taken from a large angular boulder (located within a soil anomaly and approximately 250 m SE of the Jubilee Zone and 850 m SW of the Richard Zone) assayed 56.2 g/t Au.

In a February 28, 2019 press release, Galway Metals Inc. reported assay results from drilling at the George Murphy Zone at their Clarence Stream gold property. Highlights include: 13.0 g/t Au over 8.7 m (including 201.0 g/t Au over 0.5 m) and 5.7 g/t Au over 1.0 m (CL18-36); 7.2 g/t over 2.75 m intersected in CL18-33; and 2.1 g/t Au over 15.7 m (CL18-34); and 1.6 g/t Au over 14 m in CL18-35. Hole CL18-33 extends the George Murphy Zone to the west. CL18-34 and CL18-35 deepen the extent of the deposit. Additional assay results are pending for CL18-34 and CL18-35.

In a February 12, 2019 press release, Goldstar Minerals Inc. reported assay results from drilling at their Lake George property in west-central New Brunswick. The six holes (1,100 m) that tested surface gold occurrences all contained anomalous gold. Thirty-six of the gold assays (~5% of the assayed samples) yielded results between 0.1 and 0.9 g/t Au. Three drill holes (780 m) tested the Arabica Tungsten Zone. These holes were drilled to the east and northeast of drill hole LG-16-03 and encountered tungsten mineralization including 0.10 % WO₃ over 10.5 m in LG18-05, and 0.10% WO₃ over 21.0 m in LG-18-06. Three drill holes (600 m) tested gravity anomalies and IP anomalies.

In press releases issued on February 7 and 12, 2019, Osisko Metals Inc. announced assay results from the Main and Titan zones at their Key Anacon project near Bathurst in northern New Brunswick. Ten holes were drilled at the Main Zone; two of which were drilled in the core of the deposit (KAMZ-18-27 and KAMZ-18-28). Highlights include: 7.92% Zn, 4.72% Pb, 0.19% Cu, and 185.39 g/t Ag over 20.70 m (KAMZ-18-27); 9.13% Zn, 3.61% Pb, 0.01% Cu, and 132.87 g/t Ag over 8.86 m (KAMZ-18-28); and 4.22% Zn, 1.17% Pb, 0.04% Cu, and 48.98 g/t Ag over 5.00 m (KAMZ-18-24). Highlights from the six holes drilled in the Titan Zone include: 5.06% Zn, 1.68% Pb, 0.51% Cu and 44.45 g/t Ag over 38.03 m (including 6.69% Zn, 2.46% Pb, 0.54% Cu and 58.79 g/t Ag over 10.00 m) in KAT-18-11; 1.95% Zn, 0.73% Pb, 1.30% Cu and 19.97 g/t Ag over 16.25 m (including 4.83% Zn, 1.70% Pb, 2.93% Cu and 34.16 g/t Ag over 4.75 m) in KAT-18-23; and 0.97% Cu, 0.42% Zn, 0.07% Pb and 6.25 g/t Ag over 35.00 m in KAT-18-20.

In a February 20, 2019 press release, Osisko Metals Inc. announced that a Mineral Resource Estimate for their Key Anacon and Gilmour South deposits had been completed. Total Indicated Resources (using a 5.5% ZnEq cut-off) consist of 1.96 million tonnes grading 5.77% Zn, 2.38% Pb, 0.22% Cu and 68.90 g/t Ag in the Key Anacon Main and Titan zones. Total Inferred Resources (using a 5.5% ZnEq cut-off) consist of 3.85 million tonnes grading 5.34% Zn, 1.49% Pb, 0.32% Cu and 47.70 g/t Ag in the Key Anacon Main and Titan zones and Gilmour South. The Main and Titan zones at Key Anacon remain open along strike and at depth.

In a February 19, 2019 press release, Wolfden Resources Corp. reported assay results from their Orvan Brook property near Bathurst in northern New Brunswick. Four holes were drilled at the West Lens and six holes were drilled at the East Lens for a total of 2,649 m. Highlights from the West Lens drilling include: 7.18% Zn, 2.78% Pb, 0.10% Cu, 68.40 g/t Ag, and 0.76 g/t Au over 4.40 m (OB-18-30); and 7.18% Zn, 3.19% Pb, 0.11% Cu, 76.30 g/t Ag, and 0.55 g/t Au over 3.25 m (OB-18-27). Highlights from the East Lens include: 9.38% Zn, 2.90% Pb, 0.38% Cu, 69.50 g/t Ag, and 0.58 g/t Au over 1.47 m (OB-18-31); and 4.40% Zn, 1.44% Pb, 0.44% Cu, 124.30 g/t Ag, and 0.50 g/t Au over 1.90 m (OB-18-26).

In a February 28, 2019 press release, X-Terra Resources Inc. reported on till sample results at their Northwest Property in northern New Brunswick. The objective of the till sampling was to investigate a link between the Rim, Dome, and Bonanza gold-bearing quartz veins. Gold grain results ranged between 0 and 158 and the morphology of the grains suggests that they originate from a local source.
   

In a January 18, 2019 press release, Great Atlantic Resources Corp. announced results from the 2018 drilling program at their Keymet base metal – precious metal property near Bathurst, New Brunswick. The program consisted of 13 drill holes totalling 1484 m. Eleven of the drill holes targeted the Elmtree 12 vein system along strike and at depth. This vein system has now been traced for ~110 m along strike to a depth of ~145 m and remains open along strike and at depth. Assay highlights include:  Ky-18-14 assaying 7.89% zinc equivalent over 34.3 m; and Ky-18-10 assaying 10.91% zinc equivalent over 3.27 m.

In a January 23, 2019 press release, Galway Metals Inc. reported on their Clarence Stream gold project in southwestern New Brunswick. A new gold zone was discovered with drill hole BL18-12 where visible gold was observed in quartz veins at 51 m downhole over a 7 m interval (assays are pending). The new zone is located between (and along strike of) the George Murphy and Jubilee zones. Additionally, drill results from the George Murphy Zone were released from two drill holes and two drill hole extensions, which include:  3.2 g/t Au over 17.3 m (GWM-18CL-30); 2.0 g/t Au over 23.3 m (GWM-18CL-21; extension); 1.6 g/t Au over 7.2 m and 1650 g/t Ag over 1.0 m (GWM-18CL-05; extension). The latter intersection is the first indication of very high-grade silver mineralization within the George Murphy Zone. Visible gold has been identified in three out of four additional drill holes for which assays are still pending.

In a January 24, 2019 press release, Anaconda Mining Inc. announced initial mineral resource estimates for their Cape Spencer gold project in southeastern New Brunswick. In the Inferred category, the Pit and the Northeast zones contain an estimated 151,000 ounces of gold within 1.72 million tonnes at an average grade of 2.72 g/t Au. At the Northeast Zone, a conceptual underground inferred mineral resource estimate consists of 740,000 tonnes at an average grade of 4.07 g/t Au (96,000 contained ounces) at a cut-off grade of 2.5 g/t Au. At the Pit Zone, a conceptual open-pit inferred mineral resource estimate consists of 990,000 tonnes at an average grade of 1.71 g/t Au (54,000 contained ounces) at a cut-off grade of 0.5 g/t Au.

In a January 31, 2019 press release, Puma Exploration Inc. and Trevali Mining Corporation announced results from the 2018 exploration drilling program at the Murray Brook Deposit located in the Bathurst Mining Camp in northern New Brunswick. The program consisted of two new drill holes and five drill hole extensions for a total of 1865 m. Hole MB18-10, drilled to the west of the Murray Brook Deposit, intersected 110.4 m grading 0.10 g/t Au and 0.12% Zn+Pb in a highly silicified semi-massive to massive pyritic zone. The extension of drill holes MB17-01 and MB18-02 identified chlorite alteration and mineralization at depth, which included: 1.07% Zn over 1.4 m at 644.3 m, 1.14% Zn over 1.6 m at 669.9 m, and 1.00% Zn over 1.9 m at 678.6 m in MB17-01; and 1.05% Zn over 5.4 m at 556.0 m in MB18-12. Additional highlights include:  0.84 g/t Au, 0.75% Cu, 3.27% Zn+Pb over 50 m in MB18-11; and 1.17 g/t Au, 0.50% Cu, 4.16% Zn+Pb over 153.2 m in MB18-12.