Gold Bull Resources Corp. reported completion of the 2022 Drill Program with all gold assays received from its 100% owned Sandman Project located in Humboldt County, Nevada, USA. The reverse circulation (RC) drilling program comprised 24 holes for 4,954m (16,253ft).

High grade gold intersections were drilled at North Hill and Silica Ridge. Gold intersections extended beyond the Abel Knoll resource by 100 m to the east, and it remains open at depth and along strike. Scout drill holes in the Sandbowl target west of North Hill and at a new exploration target north of Abel Knoll intersected significant zones of anomalous gold, worthy of follow-up.

Hole SA-0052 at Silica Ridge intersected a broad mineralized zone of 83.8m (275 ft) @ 1.50 g/t Au from surface (all oxide) and included a high-grade feeder of 3m @ 14.67 g/t from 1.5m. Hole SA-0044 also at Silica Ridge, returned 47.2m (155ft) of gold mineralization grading 1.54 g/t Au from 1.5m including 6.1m @ 8.01g/t from 3m (all oxide). Hole SA-0037 from North Hill returned 32m @ 1.31g/t Au from 42.7m including 1.5m @ 9.34g/t Au (all oxide).

At a new project area, Sandbowl, SA-0053 intersected 1.5 m @ 0.46 g/t Au from 13.7 m (45 ft) and 7.6 m @ 0.24 g/t Au from 102.1 m (335 ft), and SA-0054 intersected 13.7 m @ 0.22 g/t Au from 97.5 m (320 ft) and 3.0 m @ 0.82 g/t Au from 149.4 m (490 ft). These hits indicate a newly defined gold system worthy of follow-up targeting. SA-0057 located 1.7 km (1.1 mile) north of Abel Knoll intersected 13.7 m (45 ft) @ 0.42 g/t Au from 175.2 m (575 ft) within an interpreted north-south structure forming part of a Tertiary basin margin zone linking SE Pediment and Abel Knoll.

This newly discovered mineralized zone is open to the north and south. Sandman Scoping Study investigating circa 40,000 ounce per annum production scenario is underway and is expected to be completed in September 2022.