MAS Gold Corp. announced on January 20, 2022, on its La Ronge gold properties in Saskatchewan using 2 diamond drill rigs. Preliminary North Lake Assay Results:  As previously described in March 8, 2022, news release, the Program concentrated on the Company's North Lake Deposit where 4,123.5 meters of diamond drilling was completed in 34 drill holes.

Preliminary assay results from 5 of 34 holes from the North Lake drilling are reported in which includes 99.0 m grading 1.00 g/t (grams per tonne gold including 25.0 m of 1.88 g/t gold in drill hole NL21-073, 84 m grading 0.61 g/t gold, including 14 m of 1.3 g/t gold in drill hole NL22-074, and 29.2 m grading 0.99 g/t gold in drill hole NL22-075. In addition to the 4,123.5 meters drilled at North Lake, the winter drilling program included 772 meters drilled at the Point Deposit on Ramsland Lake with four drill holes. The Company also completed 996 meters of drilling in 4 holes at its recently acquired Preview SW gold deposit.

Based on the geological logging of the drill holes to date from the winter drilling program as well as historical drill results obtained at Preview SW, MAS Gold expects to provide an updated and revised and enhanced resource by the fall of this year. The Company's objective is to define a sufficient gold resource over the course of the next couple of years to support a production decision.