Hanstone Gold Corp. announced that it has received preliminary metallurgical results from a 54.5-kilogram bulk sample of mineralized material from its Doc Property. Analysis was conducted on a 54.5-kilogram representative bulk sample collected from DOC22- Pit 2E, DOC22-Pit 2.5E, and DOC22-Pit 3E.

The tests were conducted by Sepro Laboratories ("Sepro"), a full-service metallurgical testing facility located in Langley, BC. Calculated head grades ranged from 31.5 g/t to 34.8 g/t Au with a calculated average grade of 32.2 g/t Au and a direct head assay grade 33.6 g/t Au. The Direct Head Assay also returned values of 220 g/t Ag, 1.93% Fe, 7.05% Pb, and 0.6% S. Gravity Concentration A 20 kg subsample was subjected to a 3-stage gravity concentration test with intermediate grinding.

The Falcon L40 concentrates were panned to determine upgradability. The stage 3 Falcon tailings were split into multiple subsamples for the following testwork: Additional gravity concentration at a finer grind size (P80 of 45 microns). Flotation using a standard gold-sulphide procedure.

Cyanide leaching under standard leach conditions. Standard gravity recoverable gold (GRG) testwork determined that grinding to a P of 78 microns 80 achieved a gold recovery of 24.8%. The concentrates were high grade and amenable to further upgrading by panning.

Additional grinding down to a P of 45 microns increased overall gold 80 recovery to 30.7%. Flotation Test The scoping flotation test was conducted on the stage 3 Falcon tailings using a standard gold- sulphide procedure. Flotation testing achieved a gold recovery of 70.5% and a silver recovery of 63.7%.

Flotation of the stage 3 gravity tailings (gravity-flotation) increased the overall gold recovery to 78.0%. Cyanide Leaching Test Cyanide leaching on stage-3 gravity tailings (gravity-leach) increased overall gold recovery to 95.3%. The relatively high dissolution of the gold content, as compared with the flotation recovery results, indicates while the valuable constituents are likely locked with the silicate gangue, there is high surface area availability for cyanide leaching.