Gold Line Resources Ltd. announced initial result from its 2022 drill program at the Company's Paubäcken Project ("Paubäcken") in Sweden. The company is excited to report that its initial hole in the Phase 2 drill program. Hole 2022-AID-001 has intercepted 14.55 metres averaging 2.44 grams per tonne (g/t) gold (Au) incl.

0.85m at 9.60 g/t Au and 1.1m at 9.14 g/t Au from 142.25m depth. Hole 2022-AID-001 intercepted mineralization approximately 50 metres down dip from PAU-21-003 drilled in 2021. The Company is awaiting further drill results and expects them later this year, and in early 2023.

Drilling is currently ongoing in Sweden and expected to continue until permitted by the local reindeer husbandry. This current drill program represents a continuation of Phase 1 drill program that was initiated in late 2021. The Company plans to complete up to 1,500 metres of diamond drilling at the Aida target on the Paubäcken Project using one drill rig.

The program is designed to test over 800 metres of a 5 kilometer identified structural corridor coincident with anomalous top of bedrock gold and pathfinder anomalism. The program will step out on the 22.5 m @ 2.4 g/t Au intercept encountered in 2021 to understand size, geometry, and structural controls of mineralization along the Aida structural corridor. The Phase 1 program in late 2021 completed 5-hole 760 metre winter drilling program was encouraging and confirmed bedrock mineralization identified in the 2021 regional BoT/ToB drilling program.

The campaign included 22.5 m of 2.4 g/t Au in PAU21003, located under approximately 20 m of glacial till cover. The 2022 diamond drilling program intends to step out on this intercept to depth and along strike to the north and south on the Aida structural corridor. In 2021 wide-spaced regional BoT/ToB drilling identified several additional anomalous Au and pathfinder anomalies at Aida coincident with sub-parallel structural corridors.