Drilling Continues to Expand Large Gold System, including 61.3 metres of 1.0 g/t Au, Golden Sky Project, Wawa

Highlights:

TORONTO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Angus Gold Inc. (TSX-V: GUS | OTC: ANGVF) (“Angus” or the “Company”) is pleased to announce assay results from fourteen (14) holes drilled during the Summer 2023 drill program on its 100%-owned Golden Sky Project in Wawa, Ontario. The fourteen holes were drilled within the BIF exploration area to confirm continuity of the new gold horizon, originally intersected during the 2021 drilling campaign, and test parallel geophysical trends. All the infill holes intersected the gold horizon and returned thick, consistent zones of mineralization.   In addition, the summer 2023 drill program was successful at extending the strike length over which the BIF gold zone is defined, to a total of 1.0 kilometre. These results continue to indicate strong potential for the area to host significant BIF-hosted gold mineralization similar to that seen at the large, high-grade deposits of Musselwhite (Newmont), Meadowbank (Agnico-Eagle) and Back River (B2 Gold) in Ontario and Nunavut. 

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