Gossan Resources Limited provided an operational update for its geochemical exploration program at its Gander Property in Newfoundland. The proposed plan included 1,469 till sample locations across the Gander Main claim block. As of December 5, 2022 field teams had completed the high priority samples.

The teams were able to collect samples at 874 of the 937 high priority locations. Work has continued to the collect the remainder of the samples. This initial batch of high priority samples is being prepared and will be shipped to the lab at the end of this week.

The remainder of the samples are expected to be collected, prepared, and shipped to the lab in the next two weeks. The samples will be processed using ALS AuMe-TL43. The Company expects to receive assay results during the first quarter of 2023.