BMEX Gold Inc. announced multiple high-grade gold results from the field campaign at Dunlop Bay and the start of a 3,000 m drilling program and a follow-up geological mapping, sampling and prospecting program. The summer 2022 program at Dunlop Bay returned numerous high-grade gold sample results. Of the 96 grab samples taken during program: One sample returned 300.00 g/t Au; Four samples returned greater than 100.00 g/t Au; Fourteen samples contained more than 10.00 g/t Au and; Twenty-five (25) samples contained over 1.00 g/t Au.

These samples were taken from outcropping surfaces and come from three now well-defined gold-rich zones. These three main assets are: the Marcelle-Rolande-Edith veins trend, the Omala-Bella-Lun-Echo trend and the Dunlop Bay-Ouest showing. In addition to the gold rich assays, the field campaign also significantly improved the confidence in the historical drill results and other geological data.

Several historical drill casings were surveyed, and the data is now included in a more robust and complete drilling database. This corridor direction is consistent with the structural analysis performed during the field campaign. A similar trend has also been interpreted between the Bella and Omala veins, which is also barely tested by drilling.

Both N120 gold corridors extend for a kilometer each representing large targets for the current drill program. On the Dunlop Bay-Ouest showing, an extended ground EM (electromagnetic) survey was successfully extended southward during this past summer. The survey has led to the discovery of many new conductive anomalies.

These new EM plates align along an anomalously conductive trend striking North-South and extending for over 900 metres. The EM anomalies are already known to be locally gold- bearing with historical intersection going up to 6.84 g/t Au over 1.50 m. This historical grade is associated with sulphide stringers and is located on the very edge of one of the many new conductive plates identified from the ground EM survey and new interpretation.