Jayden Resources Inc. has received the results from its 21 hole/4,561 meter diamond drill program on its Storm Lake gold property located in the Frotet-Evans Greenstone Belt in north central Quebec. Storm Lake consists of 45 contiguous claims plus 3 non-contiguous claims that total approximately 2,610 hectares. Previous exploration on the property by various other companies includes 49 drill holes totaling 9,600 meters that led to the discovery of 8 historical showings .

The focus of Jayden's first exploration program was to confirm and expand upon previous exploration on the property as well as establish a broader geological understanding for future drill programs. During this program, 21 drillholes designed to test 7 different widespread targets of interest were completed. From the 21 diamond drillholes, 19 holes did report samples over 0.1 ppm Au . Out of 2,947 core samples, 132 returned gold values over 0.1 g/t Au.

This suggests that gold mineralization has occurred throughout the property with the potential to host a broader gold bearing deposit. Moreover, gold values were mostly obtained in quartz-carbonate-tourmaline-pyrite veins within structural features and also in sulfides-rich host formation as in hole SL-21-03 for example, proving also the potential of the property to have several richer areas within this large and continuous corridor of anomalous gold that occur all over the property. The most promising results were found in 2 different areas of interest and are located approximately 6 km away from the other in a E-W direction along a major concordant magnetic lineament.

The Golden Showing reported multiple gold intercepts up to 0.930 g/t Au over 7.05 m related to quartz-sulfides-tourmaline veins and hosted in felsic volcano-sedimentary units. The hydrothermal alteration observed are sericite-fuchsite suggesting an orogenic hydrothermal fluid. The occurrence of arsenopyrite and tourmaline found in gold bearing veins is in accordance with probable sedimentary source for gold and fluids.

The mineralization tested is open in every direction. The Rusty Water Showing is located 5.7 km east of the Golden Showing, on a strong magnetic lineament of 1.5 km long that corresponds with an iron formation of approximately 6.4m thick and returned 0.458 g/t Au over 6.4m in hole SL-21-03. Both results are very encouraging considering the widespread nature of the drill campaign and the limited knowledge of the property.

Prior to the 2021 program, only 43 holes were drilled on the main claim block totaling 8,977 m. Out of this historic drilling, a total of 354 core samples reported gold readings over 0.1 ppm. The Company feels that not only do all these results confirm the presence of gold mineralization throughout the property, but it also indicates the presence of structural and formational gold traps with significant grades. The presence of hydrothermal alteration in a felsic environment is also favorable to trigger gold remobilization.

The Company had planned up to a 6,000-meter program but cut that short due partly to inclement weather and shortened daylight hours which affected helicopter performance which significantly increased the cost per meter to drill. The savings incurred will be applied to the 2022 drill program which is currently being mapped out.