BMEX Gold Inc. announced very positive results from the summer 2023 reconnaissance geochemical soil program at Dunlop Bay, Quebec. During the summer of 2023, BMEX commissioned a reconnaissance geochemical soil survey in conjunction with the 2023 successful trenching program. The purpose was to test the viability of using soil geochemistry to identify potentially mineralized zones to the SE of BMEX's extension of the Marcelle-Edith trend.

The program was to test two different methods (Ionic Leach and Aqua Regia) and was executed along one known gold occurrence (Edith zone on the Western grid) and along the underexplore eastern side of the property. Recent results from this survey has revealed a good correlation of Ionic Leach method to identify the known Edith zone. This method has also highlighted several other geochemically anomalous areas.

Those anomalies seem to be linked together using lineaments from MAG/LIDAR combined product, but infill soil survey is needed to confirm the model. The exploration and soil program was planned and supervised by Maxime Bouchard. The samples were analyzed by ALS Canada Ltd. using Ionic Leach Method (ME-MS23, pH-MS23 and OA-ELE07).

The Qualified Person has not completed sufficient work to verify the historical information on the Property, particularly regarding historical drill results. However, the Qualified Person believes that drilling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the Property but may not be representative of expected results.