Angus Gold Updates on Exploration Activities at the Golden Sky Project, Wawa

Provided By Globe Newswire

Last update: Nov 2, 2022

Highlights:

TORONTO, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Angus Gold Inc. (TSX-V: GUS | OTC: ANGVF) (“Angus” or the “Company”) is pleased to announce an update on its exploration activities at the 100%-owned Golden Sky project located in Wawa, Ontario. In 2022, the Company completed a successful drill campaign comprising of 42 drill holes totaling approximately 9,500 metres focused on multiple gold targets along the Dorset Deformation Zone and the Banded Iron Formation (“BIF”). Based on the encouraging visual results, during the summer the Company mobilized a second drill rig to accelerate the program. The first drill rig mobilized on the BIF targets to further delineate the two new gold discoveries announced earlier this year and also tested new targets along its seven-kilometre strike length. The second drill rig followed up on the high-grade gold mineralization at the Dorset Deformation Zone and also tested multiple high-priority gold targets along the deformation zone.