Pelangio Exploration Inc. announced additional significant assay results with values up to 1325 parts per billion from an infill soil sampling program completed on its Dankran Project in Ghana during January 2021. The latest results further define the gold-in-soil anomalies at the northern end of the property, sufficiently delineated for drill testing. The program also added to the anomalies in the south west which will be refined with further infill soil sampling. Additionally, prospecting identified a significant trend of artisanal hard-rock workings extending from the historic Obuom Mine into the Dankran property. Exploration of this trend is prioritized for the upcoming 2,500 meter drill program. Preparations for drilling are under way. The Dankran property is a 34.65 square kilometer Prospecting License optioned by Pelangio Exploration from BNT Resources Ghana Ltd. in November 2020 and is contiguous to the northeastern corner of Pelangio's Obuasi project. The Dankran property is adjacent to and on strike with the historic Obuom Mine which produced 29,000 ounces of gold at an average grade of 16 g/t Au from underground workings in the 1930's. The property covers nearly seven km of strike of highly prospective geology and regional structures along the western flank of the Ashanti Belt, 20 km to the northeast of AngloGold Ashanti's tier one Obuasi Mine. In December 2020, an initial soil sampling program was completed on the Dankran property consisting of 1,126 samples. This program delivered 10 significant gold-in-soil anomalies as reported by Pelangio Exploration on January 28, 2021. In order to better define these soil anomalies for drill testing, a program of infill sampling was conducted in January 2021, with 467 soil samples collected at 80m spacing in the north to 160m spacing to the southwest. Assays have been received for all but 26 samples, with additional highly anomalous values reported up to 1,325 ppb Au. Further infill soil sampling is planned to refine the anomalies in the southwest, while the northern anomalies are drill ready. A Reverse Circulation drill program is being mobilized to evaluate several of the stronger anomalies which extend for up to 1,250m from the Obuom Small Scale Mining Permit boundary southwest into the Dankran Property. During the January infill soil sampling program, a concurrent mapping and prospecting program was undertaken to locate sites of small-scale artisanal hard rock mining activity extending from the historic Obuom Mine into the northern end of the Dankran property. A series of small, historic and current mining sites were identified on the Obuom Small Scale Mining Permit area striking south-southwest into Dankran, consisting of hand-dug vertical shafts accessing quartz vein material at depth. Assays from limited grab sampling at these mining sites have not yet been returned, and geological exposures and mapping conducted to date are insufficient to determine the widths of potential mineralization. This trend of artisanal mining activity lies along the very eastern limit of the current soil sampling. In light of this new information, soil sampling program has been extended east to cover the strike extension of artisanal mine workings to refine this target area, for drill testing in the 2,500 m program. Future work at Dankran will consist of further RC and diamond drilling programs to follow up results from the upcoming maiden RC drilling program at the northern end of the property, as warranted by results. Efforts will also be ongoing to develop additional targets for drill testing elsewhere on the Dankran property, particularly the strong areas of anomalism emerging from work to date in the southwestern part of the property. Geophysical surveys are not currently planned, however at some stage either or both aerial and ground geophysics may be necessary to aid the exploration for mineralization that is not so evident in the soil geochemistry. However, soil geochemistry, mapping and prospecting efforts to date have been highly successful in identifying a number of compelling targets for ongoing drill testing. Samples were collected from 0.50 to 0.75m deep hand-dug pits at 80m intervals along lines spaced 80 to 320m apart. Predetermined sample positions were located by a hand-held GPS with a horizontal accuracy of approximately 5m. A sample was obtained at each designated sample site regardless of the regolith material present. Predominantly residual soils were sampled, but where covered, alluvium and artisanal mining disturbed material was also occasionally sampled. Samples weighing approximately 2 to 3 kg each were submitted to the Intertek Minerals Limited laboratory in Tarkwa, Ghana, and were dried and pulverized with > 85% of the sample passing 75m or better. A 1 kg subsample was riffle split from the processed sample and analyzed for gold by way of a 12-hour cyanide leach bottle roll using LeachwellTM with an AAS finish and a lower detection limit of 0.01 ppm Au. Where repeat assays were performed on samples by the laboratory, the mean of the two assays was used for plotting the results.