Eight (8) reconnaissance drill holes were completed across a 1km east-west trend between the Ellis Zone and the East DC prospect area. The holes targeted mapped structures, alteration and mineralization as well as blind geophysical and geological targets that project beneath an area of landslide cover. Significant new zones of quartz-sulphide stockwork veining were intersected in five (5) holes at East DC with anomalous silver-copper geochemistry that warrant additional follow-up.

Significant results include: 3.9 m at 97 g/t Ag in hole DC23-075, 1.3 m at 2.7% Cu and 23 g/t Ag in hole DC23-076, 1.2 m at 1.6% Cu in hole DC23-080. The Company also completed five (5) drillholes for initial testing of the South Valley and Double Glacier prospects 1.5 km and 3 km south of the JT Deposit, respectively. Though no major mineralized intervals were returned in the South Valley and Double Glacier drillholes, the Company did intersect the JT Deposit host dacite volcanic stratigraphy with weakly anomalous values of Au, Ag and Zn, and the same unique nodular anhydrite alteration assemblage which surrounds the JT Deposit.

Of additional significance, drill hole DG23-003 retuned a 1.3 m at 2.3% Zn within a mudstone unit at the Double Glacier prospect, highlighting potential for VMS-style mineralization. Further work is planned to follow-up on these drillholes during the 2024 field season. A property-wide, 666 line-km airborne Magnetic and EM geophysical survey (MobileMT) was completed by Expert Geophysics in August 2023 to aid in discerning prospective mineralizing systems beneath covered areas.

The final results show resistivity data to a depth of 2 km and highlight all the known prospect areas. HighGold is currently awaiting 3D inversions of MobileMT and magnetic data; however, early observations indicate the ability to fingerprint known mineralization, identify new shallow targets, and identify deeper anomalies related to possible porphyry-style systems.