Golden Tag Resources Ltd. announced the first drill results from diamond drilling at the Company's 100% owned La Parrilla Silver Mine Complex, located in Durango Mexico. Hole Q-23-001: Hole Q-23-001 was drilled to target the C460B Zone, within the Quebradillas Mine, approximately 44 m beneath the last stope mined in this zone, successfully intersecting replacement mineralization returning 299 g/t Ag.Eq over 1.64 m (32.70 to 34.34 m) and 328 g/t Ag.Eq over 1.60 m (36.30 to 37.90 m) within a broader interval grading 206 g/t Ag.Eq over 5.20 m (32.70 to 37.90 m). These results compare favorably with and validate historical channel sample results previously completed by First Majestic Silver within the extracted stope (located 44 m directly above hole Q-23- 001).

The composite weighted average grade of the channel samples in this stope is 266 g/t Ag.Eq over a strike length of 29 m and average width of 2.9 m. Specifically hole Q-23-001 cut across the zone directly underneath channel 460B-1766-040 which graded 211 g/t Ag.Eq over 4.10 m, which is directly in-line with the intercept from this hole. Furthermore, historical hole ILP-Q-15-05 intersected 270 g/t Ag.Eq over 6.6 m approximately 26 m up-dip above hole Q-23-001. The combination of these results should result in an expansion of Indicated Resources within this area.

Hole Q-23-003: Hole Q-23-003 was drilled to test the northern extension of the C460B Zone and successfully intersected replacement mineralization, returning 300 g/t Ag.Eq over 0.32 m (47.17 to 47.49 m; C460B1) and 414 g/t Ag.Eq over 0.84 m (87.79 to 88.63 m; C460B2), which is 75 m directly on-strike to the north of the C460B2 mineralization encountered in hole Q-23-001. Hole Q-23-005: Hole Q-23-005 was drilled to test the northern extension of the C460B Zone and successfully intersected replacement mineralization returning 225 g/t Ag.Eq over 1.52 m (138.76 to 140.28 m; C460B1) and 172 g/t over 0.97 m (188.12 to 189.09 m; C460B2), which is 48 m directly under the C460B2 mineralization encountered in hole Q-23-003. The deepest intersection on hole Q-23-005 extends the C460B Zone to 110 m below the bottommost stope mined in the zone.

Additionally, several mineralized epithermal quartz-carbonate veins and breccias were encountered in holes Q-23-004 and Q-23-005 returning interesting gold intersections. These results indicate the potential for significant epithermal gold mineralization in the mine area.