St-Georges Eco-Mining Corp. provided an update on its multiple exploration initiatives currently underway on three of its mineral projects focusing on energy metals and gold and located in Iceland and on the Québec North-Shore. The first of 22 planned drill holes ranging from 125 to 500 meters in depth is underway on the Thor Gold Project in Iceland. Drilling targets will allow for infill drilling and twin drilling of some of the historical holes to allow a NI 43-101 resource estimate and for the future definition of the gold deposit. This campaign is fully funded and should stretch over the next three months for a total of 4,060 meters. The first of two core drill rigs has been moved on-site at Thor. Currently, three holes have been completed for a total of 478 meters. As with many drill programs, the drilling at Thor has some issues that are being resolved. The first hole, TH 1, was abandoned at 84 meters due to poor recovery and issues with drilling methods. Hole 1 appeared to end in mineralization, but recoveries were very poor towards the end of the hole. Hole TH 1B offset TH 1 by three meters and redrilled the same sequence. Although this hole was able to reach 110 meters, the recovery remained poor through what was perceived to be the target zone at about 80 meters. Drilling continued to 110 meters, where the core rods became stuck and suffered a complete recovery loss. The hole was terminated in a second altered and possibly mineralized zone. The team suspected from recent mapping and historical drilling that at least two and possibly three zones of gold-bearing alteration may be present as mineralized zones that are either parallel or in repeating fabric of veins opened up along a sigmoidal curve. Hole TH 2 has just finished at a targeted depth of 184 meters. This hole intersected two zones of alteration with quartz-adularia veining and clay alteration. This appears to confirm the potential for additional mineralization within the Thor trend. Samples have been submitted to the ALS assay laboratory in Ireland, and results are awaited. Drilling is ongoing on the Julie Project. 5 holes have been completed so far on the first drilling phase for a total that is now exceeding 2,500 meters. The first four holes consist of deeper holes configured to accommodate a significant down hole geophysical effort that is to be completed in mid-September. Hole 5, which was not part of this effort, will need to be redrilled as Hole 5B when the Company restarts drilling later this fall after the pause taken during the big game hunting season. The drilling encountered problems after drilling over 500 meters of length while in a significant fault. Solutions are being studied in order to twin drill this hole using technologies and material that would secure the hole integrity and allow the Company to complete drilling of its expected 650 meters plus length. The drill rig has been moved in the vicinity of the Bastien showing located about 400 meters west-south-west of the Julie Trench #1. The area had two Phase 2 holes planned that will be initiated now and could be completed before the hunting season break. Surface exploration consisting of mapping, trenching, and sampling via different methods, including an important channel cutting and sampling program, is underway. Vegetation and glacial till overlying much of the area coupled with lack of access and a few lakes provide some extraordinary issues to overcome. Trenching is focused on the geophysical targets first identified by aerial geophysics and then followed up by Beep Mat on the ground. Landing sites for the helicopter are being prepared for each trench area. Several of the new trenches have uncovered similar massive sulfide zones previously targeted at the Bob Showing. These new finds will be targeted within the 10,000 meters shallow drill program that is set to start this month. In parallel, the systematic cutting and logging of the historical cores at contractor locations in Ville de La Baie are ongoing. The Company expects to send a significant number of samples to the ALS labs for analysis over the coming weeks.