BeMetals Corp. announced the results of a technical report (the ‘report’) for its wholly owned Kato Project (‘Kato’ or the ‘Project’) in Japan. This report represents the first formal technical compilation and target generation report for the Project and is based upon geological work conducted by the Metals and Mining Agency of Japan (‘MMAJ’) in the 1990s, and subsequent drilling between 2018-2020 by Kazan Resources prior to being acquired in April 2021 by BeMetals. Four priority drill target areas identified based upon historical intersections and geological setting The first extensive data compilation providing rational and strong motivation for the drill targets Revised exploration drill hole design and equipment deployment aimed to improve penetration and core recovery of both the extensive alteration zones and higher-grade gold bearing veins The Kato Project is the most advanced of the company's five compelling gold exploration properties in the prospective Japanese epithermal gold terrane. The Kato mineralization is considered an example of a low-sulphidation epithermal system. Examples of deposits formed from this style of gold mineralization would include the world famous Hishikari Gold Mine in Kyushu, as the largest in Japan. The Julietta and Kupol deposits in Eastern Russia are also examples of this style of deposit and both projects were originally mined and or developed by Bema Gold Corp. The Project is situated in a rural setting near the centre of Hokkaido, directly northwest of the town of Kamishihoro (population 4,900) and 40 kilometres north of the city of Obihiro (population 169,000). The Kato Project (historically referred to as the Seta River Prospect) is an example of a remarkably well-preserved low sulphidation epithermal gold occurrence. Outcropping of clay-altered and weakly- mineralized lake-bed sediments are evidence of a high-temperature steam-heated zone above a hydrothermal plumbing system. This mineralization style identified to date is considered an example of a low- sulphidation epithermal system. The classic example of this mineralization type in Japan is the Hishikari mine, on the island of Kyushu. Global examples of this type of mineralization include Lihir (Papua New Guinea), Kupol and Julietta (Russia), Waihi (New Zealand) and Masbate (Philippines). The 1990s MMAJ drilling at Kato identified a zone of higher-grade gold mineralization over approximately 170 metres of strike with an additional kilometre of potentially-favorable geology largely untested by drilling to the southeast. The gold-bearing zone is hosted in quartz-adularia vein and breccia, and occurs at depths that range from around 50-225 metres below surface. The priority drill target remains to intersect the quartz-adularia vein zone that hosts higher gold grades, and verify the grades reported in the MMAJ reports. The drilling plan will also seek to step out to the southeast along strike in a potential area of extension to the quartz-adularia vein zone and hydrothermal breccia zones that lack sufficient investigation. In addition, BeMetals plans to drill-test a sinter target in the southern extension area of the Project.