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sur Golden Lake Exploration Inc. (NASDAQ:GOLXF)

Golden Lake Releases Results from Autumn Drill Program at Jewel Ridge

Golden Lake Exploration Inc. has completed its autumn drill program on the Jewel Ridge property, located in Nevada's Battle Mountain-Eureka gold trend. The drilling covered 1,756 meters over five holes. Key targets included Induced Polarization anomalies and historic mines with notable gold and silver assays, without prior drilling. The standout results were from hole JR-24-54, showing 0.77 g/t gold and 17.54 g/t silver over 13.72 meters, including higher concentration segments.

The drill program identified potential at both the Jackson and unnamed faults, known for their proximity to Carlin-type deposits. While hole JR-24-55 missed a target due to deviation, it suggests further testing with directional drilling equipment. Holes JR-24-52 and JR-24-53 also returned broad intervals of anomalous gold, indicating more exploration may be required.

Don Hoy, P. Geo., confirmed the program's technical aspects. Further assessments are ongoing to determine the next steps.

R. P.

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