Carlyle Commodities Corp. and its partner Riverside Resources Inc. provided an update on the latest channel sample results received from the Cerro Magallanes targets at the Cecilia Project. Carlyle and Riverside find more high-grade gold at surface increasing confidence in the interpretation of the structural control for the mineralization. Surface work has helped Riverside define and detail a 7-hole drill program for 1,500 m over the primary structural zones at the San Jose, North Breccia and Central targets at the Project. Riverside is the operator providing Carlyle with field results and advancing the modeling of drill targets. Latest sampling and targeting results are highlighted below: Channel samples yielding up to 48.3 grams per tonne (g/t) gold over 0.75 m at the San Jose Target. The 36-sample batch returned over 43% of the gold assays higher than 0.2 g/t gold. All samples were collected using a hand saw to ensure continuity and thickness of the reported grade intervals. This latest batch of samples is from brecciated and silicified rhyolite from underground workings as well as at surface, which collectively form part of the La Cueva structural corridor parallel to the main San Jose fault. Recent results sampled along the San Jose structure, in September 2020 returned 43.2 g/t gold over 0.40 m (out of 21 samples). By incorporating surface data and geophysics survey interpretations (Magnetic and Induced Polarization), Riverside's geologists were able to provide a better understanding of the structural setting for targeting the mineralization. Host and feeder zones of the mineralization is controlled by both northwest and northeast structural corridors throughout the rhyolitic dome. Mapping and sampling have delineated a 600-m long high-grade zone open along trend, called the Agua Prieta structural zone. The zone is notable by its reddish-oxide stained rocks which outcrop prominently along the eastern slope of the dome. Intersections between feeder zones and dome margins correlate with the Central and North Breccia targets, as indicated by the magnetic survey and returned high-grade gold assays from previous sampling (up to 133.7 g/t and 55.8 g/t gold). This style of epithermal deposits has previously been described at La Pitarilla deposit in Durango, Mexico, a rich-silver, lead, zinc flow-dome complex that was found by testing near-surface oxidized mineralization and led to an economic disseminated and stockwork sulphide mineralized body. Somers, C.M.J., Gibson, H.L., and Burk, R. (2010). The La Pitarrilla Silver-Zinc-Lead Deposit, Sierra Madre Occidental, Mexico: A Description of the Mineralization and a Reconstruction of its Volcano-Sedimentary Environment. In Special Publication 15, Society of Economic Geologists Inc., pp. 133-164. An initial drill program is in the final planning phases and will aim to test the near-surface oxide zone within the structural corridors. The targeting is based on field observations and recent geophysics surveys, and will test the primary targets San Jose, North Breccia and Central Targets.