Golden Lake Exploration Inc. reported the full and final results from drilling to date at the Jewel Ridge project in Nevada as well as report on the commencement of drilling at Jewel Ridge. Core drilling has now commenced at the historic Hamburg mine and will seek to expand on high-grade intercepts of Carlin-style mineralization and Carbonate Replacement Deposits encountered by prior drilling. The geologic team is preparing further targets in advance of the 2022 program at the Eureka Tunnel target for spring and early summer.

Big Sky Exploration LLP has been contracted again after a very successful campaign in 2021. The last five drill holes at the Eureka Tunnel target have continued to expand the footprint of the shallowly-dipping Carlin-style mineralization. JR-21-30DD was drilled peripheral to JR-20-12DD and averaged at 2.76 g/t Au 8.51 g/t Ag over 15.67 m with 1.52 m from 9.45 m to 10.97 m assaying at 15.81 g/t Au and 47.81 g/t Ag.

JR-21-33DD is the most southeastern hole drilled to date and encountered a low-grade zone that was punctuated by a 4.42 m intercept from 37.4 m to 41.82 m that averaged at 2.67 g/t Au and 7.86 g/t Ag. The Golden Lake team is encouraged and are working on understanding this dimension of the Eureka Tunnel zone. JR-21-31DD and JR-21-34DD have expanded the Eureka Tunnel mineralized zone to the north.

Mineralization remains open in the north at depth and along strike with rock sampling on the surface indicating the potential for higher-grade zones.