• Geophysical structures identified by Gander Gold stretch north-northeast for over 40 linear kilometers and are overlain by highly anomalous gold and copper-in-soil/till as determined by Gander sampling performed in 2021
• Approximately 5,000 soil samples were collected in 2021 with results showing northeast and east-northeast-trending gold-in-soil anomalies in multiple zones covering the northern, central and southern portions of Gander North
• Drill permits are in place for the Viking target on the far western GRUB Line portion of the project beginning approximately 15 km from New Found Gold’s Keats Zone discovery
• Massive land package in favorable intrusive setting in between New Found Gold’s Keats Zone and Sokoman’s Moosehead discovery to the west
• Mt. Peyton features extensive southwest-northeast-trending geophysical structures and a potentially significant fold nose in the southwest portion of the project area associated with historic anomalous gold-in-till
• The under-explored intrusive and gabbroic rocks found at Mount Peyton are commonly associated with gold mineralization
• BLT gives Gander Gold exposure to a large unexplored section of the Northern Arm Fault
• This is the same fault system that hosts Marathon Gold’s multi-million ounce gold resource to the southwest
• BLT features an unusual amount of gabbro sills (favorable for gold) coincident with regional magnetic trends
• 65 km north of Gander, Carmanville extends out to the west from the GRUB Line
• Along the GRUB Line there are multiple gold showings that are all either sitting along the GRUB Line contact or just inboard (west) by 3-4 km within a magnetic low
• Carmanville is anomalous with the same geochemical elements as the H-Pond and Jonathan’s Pond targets to the south near Gander
• Highly strategic claims along a favorable structure (Dog Bay Line) immediately west of New Found Gold’s Eastern Pond discovery in the southern part of its Queensway Project
• Claims are located on strike with the Beaver Brook antimony mine and are within as little as 5 km of Eastern Pond discovery defined by subcrop and till sample results over a minimum strike length of 4 km
• An encouraging historic gold and arsenic stream silt anomaly at Gander South has yet to be investigated