Kiboko Gold Inc. has commenced drilling with two rigs on the Fontana portion of their Harricana Project located in Duverny township, Quebec (NS 32C12). Globex maintains a 2% Net Smelter Royalty on the Fontana area. The Phase 1 exploration program recommended in the Harricana Technical Report consists of 12,450 metres (m) of drilling at the Fontana area of the Project.

The planned program, which is subject to modification, consists of 3,945 m of orientated HQ diamond drilling (18 holes) and 8,505 m of 5.5-inch reverse-circulation (RC) drilling (64 holes). The Phase 1 exploration program is fully funded and is expected to be completed in the first quarter of 2023.