Stuve Gold Corp. announced that it has entered into a binding agreement to acquire a 100% unencumbered interest in the Inca property located in Maricunga Gold-Silver Belt of northern Chile (the "Inca Property"). The Inca Property is home to current artisanal high-grade gold-silver mining. It encompasses 2,941 hectares located in the southern sector of Maricunga Gold - Silver Belt, noted for its multi-million-ounce deposits such as Cerro Casale located 10 km to the east which has estimated reserves of 23 million oz of gold and 58.7 million oz of silver. Surface exploration programs conducted by the property owners in 2012 to 2014 identified five Au - Ag - Cu bearing alteration zones. The type and metal associations, the local geology, structure, and the mineralogy are the same as the neighboring acid sulphate epithermal gold-silver vein systems and the gold-silver-copper porphyry deposits at Cerro Casale. Surface rock chip sampling from the western "Ojos de Agua" alteration zone returned high grade assays of up to 47.6 g/t Au and 765 g/t Ag from 1 - 2 metre wide high sulfidation veins and up to 2.2 g/t Au and 20.6 g/t Ag from the surrounding altered host rock. Artisanal mining on the Ojos de Agua veins is currently ongoing from which high grades of 72 - 290 g/t Au and 381 - 787 g/t Ag are reportedly being recovered. A reconnaissance IP survey was recently conducted by the current owner of the Inca Property. That survey, completed over the Ojos de Agua alteration zone, outlines a strong open ended chargeability/resistivity anomaly 50 - 90 metres below surface which extends to over 300 metres in depth. This survey suggests the existence of a secondary enrichment blanket at shallow depth and justifies a drilling program to test the anomaly. Artisanal production grades and historic data pertaining to assay results are from the current property owner's records which Stuve Gold has not independently verified. Stuve Gold intends to carry out a check sampling program designed to substantiate the reliability of the reported historic production grades. The purchase agreement (the "Agreement") relates to 17 claim packages consisting of 2,941 hectares for a total purchase price of USD 6,150,000. The purchase price is payable in four equal payments of USD 100,000 with the first payable on signing of the Agreement and three additional payments every six months thereafter. Thereafter, three equal payments of USD 150,000 are payable every six months with a balloon payment of USD 5,300,000 due on the 48th month following signing of the Agreement. Stuve Gold does not earn an interest in the Inca Property until the full purchase price of USD 6,150,000 has been paid, but Stuve Gold may stop making payments towards the purchase price at any time and Stuve Gold is not obligated to make any additional payments towards the purchase price thereafter.