K9 Gold Corp. reported that the Company has received results from an orientation till sampling survey carried out on its Stony Lake project, central Newfoundland. The objective of the survey was to determine whether or not this type of survey will identify targets for further exploration work. Several areas of interest were identified which correlate well with previous exploration work, including zones defined by prospecting work and target areas defined by various airborne geophysical surveys. Till sampling has then been demonstrated to be a cost effective technique to evaluate large areas of the property which have received minimal ground coverage to date. This new information will be used to refine plans for the upcoming 2021 field season which includes drilling. Overburden Drilling Management (ODM), of Nepean, ON was contracted to carry-out the orientation till sampling survey. Seventy-six samples (10 to 12 kg each) were collected of C-horizon basal till (74 sites, with 2 duplicate samples taken) from hand-dug pits, typically <1 metre deep. The samples were shipped by a commercial trucking service from Grand Falls-Windsor to ODM's Nepean laboratory facility. All samples were then processed by ODM to determine gold grain contents. Geochemical analysis was performed on the non-magnetic Heavy Mineral Concentrate (HMC) at Actlabs, Ancaster ON, using both Aqua Regia - ICP and INAA (Instrumental Neutron Activation Analysis). Analytical result show that there are visible gold grains in all but seven of the 76 samples collected. This includes fourteen with >10 grains and three with >20 grains. Results of the geochemical analysis show that 42% (32 out of 76) of the samples returned gold values of >500 ppb. This includes five with values >5000 ppb (maximum 17,900 ppb Au). The results correlate well with previous work. In particular, sample SLET-20-027, with a non-magnetic HMC gold content of 17,900 ppb in the Rabbit Tracks area, is located very close to a cluster of high grade boulders (up to 6.3 g/t Au). A broad area of elevated gold in tills in the Jumper's Pond area correlates well with an area identified as a high priority target for follow up from the recently reported VTEM™ survey (company News Release January 7, 2021). The 2021 field program will now include a program of till sampling to cover areas of the property will little previous work. Traverses will be established at 1.0 km intervals and samples taken every 250m along the lines. News Releases from other companies active in the Central Newfoundland Gold Belt continue to increase the profile of this newly emerging gold district. For example, on November 19, 2020 Sokoman Minerals announced drill results which included two zones in hole MH-20-115, 47.2 g/t Au over 4.60m and 68.3 g/t Au over 8.10m at their Moosehead project, immediately adjacent to K9's Stony Lake property. On December 15, 2020, New Found Gold announced intercepts of 45.3 g/t Au over 13.1m in hole NFGC- 20-32 and 25.0 g/t Au over 16.9m in hole NFGC-20-29 at their nearby Queensway property.