Megastar Development Corp. reported that after limited access to its properties as a result of the Covid-19 pandemic, its geologic team is back on the ground in Oaxaca following up on its encouraging initial exploration work since the reopening of the region. As well, the team is exploring additional prospective areas in the proximity on trend with the Company's existing projects in the Oaxaca epithermal Au-Ag belt. Preliminary work has revealed new areas of interest with favorable geologic features similar to those seen at its principal projects and at producing mines along the trend. Geochemical samples from these new areas have been collected and sent off for analysis. In tandem with community re-engagement at the Yautepec and Magdalena projects, Megastar has taken the opportunity to expand ongoing exploration work to the southern portion of its Yautepec project. Based on the Company's caldera structural model, and supported by previously announced results, Megastar had speculated on a potential southern extension to the known epithermal system. Recent start-up field work has proven this concept correct with the discovery of highly prospective ferruginous (iron-rich) carbonate sinters and fault-controlled quartz veining and breccias in discontinuous erosional windows under post-mineral volcanic rocks over areas of several hundreds of meters. Similar to the principal Yautepec sinter-vein complex, these new areas represent the uppermost levels of a strong epithermal system with the potential for bonanza Au-Ag polymetallic grades fully preserved at depth. These finds add to the already considerable target list for exploration drilling that Megastar has assembled to date.