Kestrel Gold Inc. issued an update on its 2022 exploration activities at the Company's QCM property. At QCM, an 8-hole 520 metre first phase reverse circulation ("RC") drill program was completed in early July. Drill sites were located up to 8 kilometres from the Main Zone and were designed to test targets from the Company's grassroots generative prospecting activities.

Partial analytical results have been received for this drilling and a second phase RC drill program is now underway. This phase will total 6 holes and approximately 810 metres with 3 holes designed to expand upon first phase drill results and 3 holes to be located within the Main Zone. Results of both 2022 drill programs will be released once full analytical data has been received, compiled and interpreted.