Tombill Mines Limited provided an update on its 2022 near-surface Phase 2A Diamond Drilling Program designed to comprehensively test a series of newly identified targets across its 100% controlled namesake project which encompasses the 4 mineral properties, including 2 past-producing mines, in the Geraldton gold mining district, north-central Ontario, Canada. In 2021, Tombill undertook a deep diamond drilling program to test for the extension of the F-Zone, a major gold ore zone that plunges roughly 20 degrees westward from Greenstone's Hardrock deposit onto the Tombill Main Group property. Holes TB21-005A, -005B and -005E, three wedged holes from parent-hole TB21-005 which was collared approximately 280 m west of the eastern property boundary, all encountered strong intervals of gold mineralization including: TBL21-005A: 6.03 g/t Au over 13.3 m; Within a 30.5 m long interval averaging 2.96 g/t Au, and A second interval of 5.04 g/t Au over 3.0 m. TB21-005B: 4.31 g/t Au over 6.0 m; Within a 25.0 m long interval averaging 1.20 g/t Au; TB21-005E: 5.29 g/t Au over 8.0 m; Within a 15.0 m long interval grading 3.24 g/t Au; A second interval of 13.1 g/t Au over 2.0 m; Within an interval of 11.0 m averaging 4.12 g/t Au; A third interval of 24.13 g/t Au over 1.0 m; and Within a zone 3.0 m wide grading 8.52 g/t Au.

Gold intercepts from these three holes are considered by Tombill to be equally robust as typical intersections of the F-Zone on the adjacent Greenstone mine property, and consequently provide strong evidence that the F-Zone remains intact and well-mineralized on Tombill's Main Group claims. Drilling in the area immediately west of the eastern boundary of Tombill's Main Group property encountered complex geology including post-mineral faulting and post-mineral mafic dikes. Consequently, holes TB21-001 through TB21-004 failed to produce adequate tests of the F-Zone but did encounter short intervals of significant gold mineralization in the general vicinity of the intended target. Hole TB21-008, the furthest west drill-hole of the deep drilling program and 580 m west of the eastern property boundary, is believed to have passed just below the targeted F Zone, encountering six short intervals of gold mineralization.

Significantly, at depth this hole passed through 93 m of sericite-altered, anomalously gold-bearing albite porphyry interpreted to be the anticlinally folded Hardrock Porphyry, an intrusive rock mass which is spatially and perhaps genetically associated with important ore zones in Hardrock gold deposit situated a few kilometers to the east. In spite of failing to intersect robust F Zone mineralization, the multiple gold intercepts and the weakly mineralized intrusive porphyry encountered in TB21-008 suggest the targeted gold system extends at least a further 300 m west of holes TB21-005A, 005B and -005E, or 580 m from the property boundary.