Eagle Extension

Overview

The Eagle Extension Zone represents a large area on the northern contact margin of the mineralized intrusive units immediately adjacent to the western pit wall of the Eagle Gold Mine. Like Eagle West, this area had received only cursory exploration drilling historically and represents an under-tested area contiguous to the Eagle Gold Mine that fits into the Potato Hills Trend exploration model. In fact, the 2017 season drilling has served to greatly enhance geological control on the Extension Zone, with the historically mapped intrusive-metasedimentary contact adjusted up to 200 metres north of previous interpretations, greatly increasing the gold potential of this zone.In addition to the diamond drilling, as part of the 2017 Extension Zone evaluation, a 104m surface trench was constructed and sampled through an area where scorodite veins had been mapped during this year’s exploration program. This trench, WETR17-01, returned 104m @ 0.41 g/t Au over the entire length of the trench, including the following intervals: 12m @ 0.77 g/t Au including 2.0m @ 1.47 g/t Au, and 18m @ 0.92 g/t Au including 4.0m @ 1.48 g/t Au and including 4.0m @ 1.5 g/t Au.

These surface trench results indicate that mineralization intersected in drill holes from Eagle Extension Zone is consistent and extends to surface. Mineralization at Eagle Extension is geologically similar to Eagle and represents an area that offers potential for Eagle pit expansion that may be accretive to the main Eagle Gold Deposit.

Eagle Extension highlighted drilling results from 2017

* Apparent true widths are estimated at approximately 70% to 80% of intersection lengths