Reunion Gold Corporation announced additional drill results from its Oko West Project, Guyana. The results include drilling from both the resource expansion drill program below Block 4 and continued infill drilling within areas of Inferred resources outlined as part of the June 2023 pit constrained mineral resource estimate. Results from the resource expansion program at depth below the MRE pit shell continue to confirm the existence of high-grade mineralization within block 4 of the Kairuni zone, to depths of over 1,000 m down dip.

These results include Hole D-360A-W2, which intersected 14.3 m @ 8.84 g/t Au and 10.5 m @ 6.09 g/t Au (using a 1.5 g/t Au cut-off) within a broader interval of 50.1 m @ 4.10 g/t Au (using a 0.3 g/t cut-off) from 1039.8 m downhole; hole D-359-W1, which intersected 24.4 m @ 7.80 g/t Au and 4.2 m @ 4.02 g/t Au (using a 1.5 g/t Au cut-off) within a broader interval of 83.5 m @ 3.06 g/t Au (using a 0.3 g/t Au cut-off) from 721.5 m downhole; and hole D-362A, which intersected 15.5 m @ 4.26 g/t Au, 4.9 m @ 6.29 g/t Au and 4.3 m @ 6.64 g/t Au (using a 1.5 g/t cut-off grade) within a broader interval of 76.0 m @ 2.27 g/t Au (using a 0.3 g/t Au cut-off) from 991.0 m downhole. Importantly, the high-grade zone remains open to further expansion below 1,000 m. Approximately 23,500 m of diamond drilling has been completed in areas below the June 2023 MRE pit that will be incorporated into a new mineral resource estimate down to depths of approx. 1,000 m, and the Company has commenced a 20,000 m infill program for the deeper zones of mineralization with the intention of converting any new resources to an Indicated classification prior to the Third Quarter 2024 start of a planned Feasibility Study.

The Company has largely completed its drill program aiming to convert most of the Inferred Resources within the June 2023 MRE to a spacing expected to suffice for an Indicated resource classification. The results from this drilling, continue to confirm the high level of continuity of the deposit as well as the trend toward higher grades within the MRE pit shell at depth. Highlights from this drilling include hole D-353A, which intersected 65.9 m grading 5.12 g/t Au (using a 0.3 g/t cut-off), including 15.5 m @ 13.52 g/t Au and 8.3 m @ 4.61 g/t Au.

Results from infill drilling in Block 5 include hole D-366 intersecting 45.0 m @ 1.85 g/t Au, including 7.3 m @ 2.52 g/t Au and 4.2 m @ 3.12 g/t Au. The drill results reported in this release have been included in an updated database which has been handed over to G Mining Services in order to prepare an updated MRE, which is expected to be released before the end of February 2024. The updated MRE will include an update to the open pit MRE, in addition to an initial underground resource.

The updated combined open pit and underground MRE will be incorporated into the planned PEA study, expected to be ready for announcement before the end of June 2024. The Company also continues to move its exploration programs forward to investigate targets at Oko West outside of the MRE area. As part of this work the scout drilling geochemical program over the areas with well-developed duricrust or other cover is largely complete, which indicates several areas of anomalous gold mineralization outside of the MRE.

In combination with conventional RC drilling, this has proven to be a useful tool to both help condemn areas around proposed infrastructure sites and to find areas containing potential satellite deposits. In parallel with this scout drilling program, the Company is completing both Induced Polarization and Ground Magnetics geophysical surveys. These surveys have already been completed over the area containing the MRE and are now being advanced over other areas of interest on the Oko West project to assist in targeting further exploration work.

Once this data has been compiled, the Company continues to conduct follow up RC and diamond drilling in areas of interest. Outside of its work on the Oko West property, the Company intends to take advantage of its knowledge and experience within the Guiana Shield to identify, acquire and explore additional exploration projects both near Oko West and elsewhere, in both Guyana and Suriname.