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Historical Exploration Activity
The Riley 2020/2021 exploration program will focus on expanding historical efforts made in the area and will build on previous work completed at the Project between 2010 and 2014 by Global Geoscience Limited (“
Global”). Previous work conducted consisted of a major regional rock sampling program (approximately 600 rock chip, outcrop and channel samples) that returned assays up to 34.40 gpt gold and included outcrop rock chip (not channel) samples of 4m of veined monzonite that assayed 9.93 gpt gold, 3m of sheeted veins in granite porphyry that assayed 9.56 gpt gold, and another 3m of quartz veined monzonite that assayed 7.28 gpt gold. Global also completed a mapping and geophysical program, as well as a 20-hole maiden drill program (where 14 of the 20 drill holes encountered >1.0 gpt gold) that was funded as part of an earn-in agreement executed in February 2012 with Osisko Mining Corporation (See Global’s news release dated February 14, 2012)