Q-Gold Resources Ltd. announced that the 2022 exploration program was successfully completed on December 23, 2022. Exploration work during 2022 on Q-Gold's 100% owned Mine Centre property focussed on the past-producing Foley Mine and environs. The work included the collection of 280 geochemical samples over 15 line-km and a property-wide LiDAR survey culminating in an eight-hole diamond drill program.

The drill program was designed to extend the known mineralization of the Bonanza and Jumbo veins previously mined at the Foley mine in the early 1900's to the north and northwest as well as target coincident anomalies that were revealed by the LiDAR and MMI™ soil geochemical surveys. The drill program was an overall success with 5 of the 8 holes drilled intersecting their targeted vein systems. The part of the drill program focussed on the historic Foley Mine was successful in extending the strike of the Bonanza vein 300m to the north, with the most northernly hole, Q22-14 intersecting mineralized quartz veins containing visible gold. All assays from the drill program are currently pending.

Q-Gold has initiated a comprehensive study on the LiDAR data to understand the structural intricacies controlling mineralization more completely on the Mine Centre property. The results of this project, combined with the airborne magnetic data collected in 2021 will guide the 2023 exploration program currently being developed.