New Found Gold Corp. press release

Dolly Varden Silver Reports Multiple Gold and Silver Intersections at Homestake Ridge, with 46.31 g/t Au and 70 g/t Ag over 25m, Including 1,145 g/t Au and 826 g/t Ag over 0.48m

2023-01-30

TSX - Toronto Stock Exchange · Drill Results

Vancouver, British Columbia--(Newsfile Corp. - January 30, 2023) - Dolly Varden Silver Corporation (TSXV: DV) (OTCQX: DOLLF) (the "Company" or "Dolly Varden") is pleased to announce drill results from the 100%-owned Homestake Ridge property in BC's Golden Triangle.

Highlights from the Homestake Main Deposit include*:

HR22-324: 4.32 g/t Au and 76 g/t Ag over 22.50 meters including 19.42 g/t Au and 375 g/t Ag over 4.50 meters

HR22-333:46.31 g/t Au, 70 g/t Ag and 0.19% Cu over 25.00 meters including 1,145 g/t Au, 826 g/t Ag and 0.51% Cu over 0.48 meters

HR22-336: 6.19 g/t Au and 1,844 g/t Ag over 3.90 meters and 6.37 g/t Au, 29 g/t Ag and 1.51% Cu over 6.00 meters

HR22-338: 4.16 g/t Au, 21 g/t Ag and 1.42% Cu over 5.10 meters including 20.80 g/t Au, 115 g/t Ag and 11.60% Cu over 0.50 meters

HR22-345: 8.73 g/t Au and 12 g/t Ag over 29.54 meters, including 260 g/t Au, 102 g/t Ag over 0.70 meters

HR22-359: Three individual higher grade zones grading; 49.49 g/t Au over 1.52m, 24.00 g/t Au over 0.70m and 46.20 g/t Au over 0.50m within a 40.50 meter interval

Intervals are core length; estimated true widths vary from 80 to 90% of core length interval, assays are uncut

Highlights from the Homestake Silver Deposit include*:

HR22-349: 211 g/t Ag over 3.50 meters, and 688 g/t Ag over 0.80 meters

HR22-357:Three individual higher grade silver intersects grading; 1,185 g/t Ag over 0.50m, 816 g/t Ag over 0.50m and 1,085 g/t Ag over 0.50m within a 129m wide structural corridor

HR22-361: 2,500 g/t Ag, 15.04 g/t Au and 0.17% Cu over 1.20 meters

HR22-362: 1,252 g/t Ag, 0.81 g/t Au and 0.14% Cu over 2.50 meters, including 3,330 g/t Ag, 0.75 g/t Au and 0.38% Cu over 0.75m

HR22-365: 469 g/t Ag over 2.70 meters including 1,040 g/t Ag over 0.65 meters

Intervals are core length; estimated true widths vary from 70 to 90% of core length interval, assays are uncut

"Dolly Varden Silver's initial drilling at the Homestake Main Deposit has returned consistent mineralized intervals with some of the highest grades of gold with silver reported from the Property to date, but also the entire Golden Triangle during the 2022 drilling season," said Shawn Khunkhun, President and CEO. "Coupled with the exceptional grades and thicknesses of silver mineralization encountered in step-out holes at the Wolf and Kitsol Deposits, we are demonstrating the impressive precious metal endowment and potential of the Kitsault Valley trend."

The objective of drilling during 2022 at the Homestake Main and Homestake Silver deposits was to expanded multiple, subparallel mineralized zones and to upgrade Inferred Mineral Resources. A total of 41holes for 10,472meters were completed at the Homestake Main Deposit, 12holes for 6,076meters were completed at the Homestake Silver Deposit and 3additional exploration holes for 1,900 meters were completed along the Homestake Ridge Trend during the 2022 season.

[](https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_002full.jpg)

Figure 1. Homestake Ridge Deposits within Dolly Varden's Kitsault Valley Trend.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_002full.jpg

The Homestake Ridge deposits are interpreted as structurally-controlled, multi-phase epithermal vein and breccia systems hosted in early Jurassic-age Hazelton Group volcanic rocks. Mineralization consists primarily of pyrite and chalcopyrite in a breccia matrix within a silica breccia vein system, locally with native gold, silver and electrum. (see Figure 3). The northwestern strike of the main Homestake structural trend hosts multiple, subparallel internal structures that are interpreted to form the controls for high-grade gold shoots within a broader interval of mineralization at the Homestake Main deposit. The main structural corridor dips steeply to the northeast (see Figure 4 to 6).

[](https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_003full.jpg)

Figure 2. Homestake Main and Homestake Silver Long Section (looking west) with 2022 drilling highlighted.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_003full.jpg

Homestake Main

The results from Homestake Main are primarily infill drilling from areas of current Inferred Mineral Resources and suggest that the higher-grade gold-silver shoots may be more extensive than previously interpreted. In addition, the drilling has generated new targets down-dip the Homestake Main deposit along the projected plunge of the higher grade shoots that are wide open for expansion. Oriented core was used on all drill holes on the project and this detailed structural data is also being integrated in to the geological model to further increase confidence.

Four of the drill holes at Homestake Main were drilled below the Mineral Resource domains to test for down dip extensions. Drill holes HR22-326, 329, 351and 354all intersected the structures that host gold mineralization below the resource.

One step out drill hole, HR22-355, was drilled along trend and approximately 250m north of Homestake Main. Alteration associated with the main deposit was encountered with minor brecciation returning anomalous pathfinder elements as seen in the upper levels of the mineralization system at the Homestake Main Deposit indicating the system continues to the north.

Complete Assay results for the second batch of drilling results from Homestake Main are in Table 1.

[](https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_004full.jpg)

Figure 3. Drill hole HR22-333 from the Homestake Main deposit showing breccia vein style mineralization.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_004full.jpg

Homestake Silver

The 2022 drilling at the Homestake Silver Deposit area was a combination of step out holes below the primarily Inferred Mineral Resource as well as some infill drilling designed to convert Inferred resources to Indicated classification. Six infill drill holes, HR22-340, 344, 349, 353, 358and 361, were collared off three drill pads at the southern end of the deposit (see Figure 8). The mineralization encountered in these holes is consistent with previous drilling.

Expansion drill Holes HR22-364, 365and 366targeted the south end while HR22-357and 360in the northern end of Homestake Silver testing below several of the resource domains. Drilling intersected silver mineralization (see figure 4) within multiple vein stockwork zones extending the zones to depth. These areas remain open down dip.

[](https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_005full.jpg)

Figure 4. Drill hole HR22-366, 473m depth, down dip step out from the Homestake Silver deposit showing Native Silver in breccia vein style mineralization.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_005full.jpg

Step out drill hole HR22-362, located approximately 200m down dip and along the targeted projection of a Homestake Silver resource domain intersected vein breccia over 2.50m core length grading 1,252 g/t Ag, including 0.75m grading 3,330 g/t Ag. Relatively little drilling has been completed at Homestake Silver and with these step out mineralized intersections the expansion potential to depth and along strike has been demonstrated.

Complete Assay results for the 2022 Homestake Silver drilling are in Table 2.

Homestake Trend Exploration

Two new areas within the Homestake Trend were tested with three drill holes. Drill holes HR22-311 and 312 were collared 425m to the south of the Homestake Silver Deposit to test below sedimentary cover rocks (see Figure 2). Although alteration of the volcanic rock below the sediment cover was present, no significant mineralization was encountered. Further geophysics will be completed over this area to aid in targeting the southern projection of the Homestake Ridge structural corridor below the sediment cover.

Drill hole HR22-363 was drilled 1.2 kilometers to the east of Homestake Main to test a dominant Northeast trending controlling structure within the centre of the valley. No significant mineralization was encountered within the structure in that area.

Plans, Sections and Tables

[](https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_006full.jpg)

Figure 5. Homestake Main Plan View highlighting 2022 Infill and Step out drilling (red collars) with Current Mineral Resource block model, primarily of Inferred Classification.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_006full.jpg

[](https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_007full.jpg)

Figure 6. Homestake Main Cross Section 300NW (A-B) with completed 2022 intersects.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_007full.jpg

[](https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_008full.jpg)

Figure 7. Homestake Main Cross Section 250NW (C-D) with 2022 and previous drill holes.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_008full.jpg

[](https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_009full.jpg)

Figure 8. Homestake Silver Plan View highlighting 2022 Step out and Infill drilling (red collars) with Current Mineral Resource block model, primarily of Inferred Classification.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1728/152849_bf40b273347ffa2d_009full.jpg

Table 1. Complete Drill Hole Assays from the Homestake Main Deposit Infill drilling

| Hole ID | From (m) | To (m) | Length* (m) | Au (g/t) | Ag (g/t) | Cu (%) | | HR22-324 | 152.00 | 174.50 | 22.50 | 4.32 | 76 | NSV | | including | 170.00 | 174.50 | 4.50 | 19.42 | 375 | NSV | | including | 171.96 | 172.40 | 0.44 | 166 | 984 | NSV | | HR22-326 | 451.00 | 472.80 | 21.80 | 0.47 | NSV | NSV | | including | 461.00 | 463.00 | 2.00 | 3.00 | NSV | NSV | | HR22-329 | 413.46 | 450.55 | 37.09 | 0.73 | NSV | NSV | | including | 418.00 | 422.00 | 4.00 | 4.03 | 6 | NSV | | including | 423.00 | 424.00 | 1.00 | 1.62 | 9 | NSV | | HR22-332 | 252.40 | 265.20 | 12.80 | 0.33 | NSV | 0.18 | | including | 256.50 | 258.00 | 1.50 | 0.81 | 11 | 1.09 | | including | 344.50 | 345.50 | 1.00 | 1.39 | 16 | NSV | | and | 393.00 | 403.25 | 10.25 | 0.79 | NSV | NSV | | including | 397.50 | 400.50 | 3.00 | 2.30 | 40 | NSV | | HR22-333 | 92.00 | 105.00 | 13.00 | 1.05 | 21 | NSV | | including | 98.30 | 99.08 | 0.78 | 13.95 | 196 | NSV | | and | 117.00 | 142.00 | 25.00 | 46.31 | 70 | 0.19 | | including | 120.26 | 130.10 | 9.84 | 111.94 | 162 | 0.37 | | including | 124.67 | 125.15 | 0.48 | 1,145 | 826 | 0.51 | | HR22-336 | 96.30 | 100.20 | 3.90 | 6.19 | 1,844 | NSV | | including | 96.62 | 97.00 | 0.38 | 3.78 | 13,855 | 0.49 | | and | 132.00 | 157.00 | 25.00 | 1.95 | NSV | 0.38 | | including | 133.00 | 139.00 | 6.00 | 6.37 | 29 | 1.51 | | HR22-338 | 120.90 | 126.00 | 5.10 | 4.16 | 21 | 1.42 | | including | 120.90 | 121.40 | 0.50 | 20.80 | 115 | 11.60 | | including | 128.60 | 129.84 | 1.24 | 8.92 | 52 | 1.38 | | and | 150.50 | 159.00 | 8.50 | 0.63 | 5 | 0.21 | | including | 150.50 | 151.30 | 0.80 | 4.89 | 28 | 1.43 | | and | 175.50 | 178.50 | 3.00 | 0.61 | 17 | 0.45 | | including | 177.00 | 177.65 | 0.65 | 1.17 | 43 | 1.55 | | HR22-341 | 84.00 | 113.00 | 29.00 | 2.28 | 5 | 0.13 | | including | 96.00 | 107.00 | 11.00 | 5.27 | 9 | 0.33 | | including | 102.00 | 104.00 | 2.00 | 14.85 | 20 | 0.73 | | HR22-342 | 79.32 | 102.00 | 22.68 | 0.80 | 57 | NSV | | including | 88.31 | 92.00 | 3.69 | 2.95 | 8 | NSV | | and | 120.00 | 140.44 | 20.44 | 0.57 | NSV | NSV | | including | 121.13 | 123.70 | 2.57 | 2.39 | 5 | 0.29 | | HR22-343 | 84.50 | 115.00 | 30.50 | 1.15 | NSV | NSV | | including | 92.27 | 96.80 | 4.53 | 1.59 | NSV | NSV | | including | 99.19 | 103.30 | 4.11 | 2.67 | 5 | NSV | | including | 107.00 | 109.00 | 2.00 | 4.45 | 15 | 0.35 | | HR22-345 | 95.00 | 124.54 | 29.54 | 8.73 | 12 | 0.13 | | including | 115.12 | 124.54 | 9.42 | 26.25 | 28 | 0.37 | | including | 120.00 | 120.70 | 0.70 | 260 | 102 | NSV | | HR22-346 | 111.00 | 126.05 | 15.05 | 1.04 | NSV | NSV | | including | 119.75 | 122.75 | 3.00 | 3.47 | 9 | 0.37 | | HR22-347 | 135.00 | 156.00 | 21.00 | 1.88 | NSV | 0.04 | | including | 135.00 | 147.00 | 12.00 | 2.57 | NSV | 0.07 | | HR22-348 | 63.00 | 71.00 | 8.00 | 0.16 | NSV | NSV | | and | 80.00 | 111.00 | 31.00 | 1.63 | NSV | NSV | | including | 88.00 | 100.00 | 12.00 | 3.24 | NSV | 0.14 | | HR22-350 | 66.00 | 128.00 | 62.00 | 0.87 | NSV | NSV | | including | 77.00 | 94.00 | 17.00 | 2.05 | NSV | NSV | | HR22-351 | 436.00 | 438.00 | 2.00 | 0.36 | NSV | NSV | | and | 473.70 | 477.50 | 3.80 | 0.30 | NSV | NSV | | HR22-352 | 172.00 | 227.00 | 55.00 | 1.37 | 4 | 0.20 | | including | 178.81 | 179.81 | 1.00 | 53.75 | 54 | 2.03 | | including | 202.33 | 203.33 | 1.00 | 3.65 | 63 | 4.68 | | including | 211.00 | 212.45 | 1.45 | 1.22 | 9 | 0.16 | | HR22-354 | 495.00 | 498.90 | 3.90 | 0.12 | NSV | NSV | | HR22-355 (step out) | 645.00 | 648.50 | 3.50 | 0.12 | NSV | NSV | | and | 662.00 | 666.75 | 4.75 | 0.18 | NSV | NSV | | HR22-356 | 212.00 | 218.00 | 6.00 | 0.38 | NSV | NSV | | and | 221.00 | 221.50 | 0.50 | 4.32 | NSV | NSV | | and | 291.50 | 308.00 | 16.50 | 0.21 | NSV | NSV | | HR22-359 | 49.70 | 50.20 | 0.50 | 0.74 | 6,420 | 0.11 | | and | 111.63 | 113.15 | 1.52 | 49.49 | 50 | 0.96 | | and | 136.85 | 137.55 | 0.70 | 24.00 | 76 | 0.38 | | and | 141.00 | 141.50 | 0.50 | 46.20 | 6 | NSV |

*Estimated true widths vary depending on intersection angles and range from 80% to 90% of core lengths Assays reported are uncut

Table 2. Completed Drill Hole Assays from the Homestake Silver Deposit step out and Infill drilling

| Hole ID | From (m) | To (m) | Length* (m) | Au (g/t) | Ag (g/t) | Cu (%) | | HR22-340 | 46.00 | 56.00 | 10.00 | NSV | 97 | NSV | | HR22-344 | 81.00 | 82.00 | 1.00 | NSV | 112 | NSV | | and | 152.00 | 153.00 | 1.00 | NSV | 103 | NSV | | and | 166.00 | 167.00 | 1.00 | 0.39 | NSV | NSV | | and | 197.75 | 204.75 | 7.00 | 0.13 | 65 | NSV | | including | 197.75 | 198.50 | 0.75 | 0.13 | 146 | NSV | | and | 408.00 | 410.00 | 2.00 | 0.14 | 72 | NSV | | HR22-349 | 153.00 | 156.50 | 3.50 | NSV | 211 | 0.12 | | and | 159.20 | 160.00 | 0.80 | NSV | 688 | NSV | | and | 325.80 | 329.00 | 3.20 | 0.12 | 210 | NSV | | and | 337.00 | 341.00 | 4.00 | 0.50 | 287 | NSV | | and | 355.47 | 356.18 | 0.71 | 0.10 | 434 | NSV | | and | 361.50 | 362.80 | 1.30 | NSV | 151 | NSV | | HR22-353 | 239.22 | 256.00 | 16.78 | NSV | 119 | NSV | | including | 239.22 | 243.27 | 4.05 | NSV | 242 | NSV | | including | 253.79 | 256.00 | 2.21 | 0.17 | 154 | NSV | | HR22-357 | 194.38 | 195.50 | 1.12 | 0.16 | 318 | NSV | | and | 200.00 | 200.50 | 0.50 | NSV | 151 | NSV | | and | 206.60 | 209.30 | 2.70 | 0.08 | 506 | NSV | | including | 206.60 | 207.10 | 0.50 | 0.11 | 1,185 | NSV | | and | 239.00 | 239.50 | 0.50 | 0.11 | 816 | NSV | | and | 298.70 | 299.20 | 0.50 | NSV | 1,085 | 0.18 | | and | 315.60 | 316.15 | 0.55 | 0.17 | 585 | NSV | | and | 335.10 | 335.90 | 0.80 | 0.30 | 351 | NSV | | HR22-358 | 110.27 | 111.92 | 1.65 | NSV | 132 | NSV | | and | 136.69 | 137.10 | 0.41 | NSV | 192 | NSV | | and | 250.77 | 251.17 | 0.40 | 0.08 | 386 | NSV | | and | 326.61 | 327.12 | 0.51 | 0.63 | 161 | NSV | | and | 331.00 | 332.00 | 1.00 | 0.07 | 215 | NSV | | HR22-360 | 205.40 | 206.00 | 0.60 | 0.08 | 339 | NSV | | and | 229.00 | 229.50 | 0.50 | 0.07 | 425 | NSV | | and | 243.75 | 244.25 | 0.50 | NSV | 136 | NSV | | and | 278.25 | 279.25 | 1.00 | NSV | 148 | NSV | | and | 315.00 | 317.00 | 2.00 | NSV | 310 | NSV | | and | 328.50 | 329.50 | 1.00 | 0.10 | 488 | NSV | | and | 331.00 | 332.70 | 1.70 | 0.13 | 690 | NSV | | and | 336.00 | 336.50 | 0.50 | 0.60 | 1,270 | NSV | | and | 337.45 | 341.70 | 4.25 | 0.40 | 251 | NSV | | and | 396.00 | 399.00 | 3.00 | 2.31 | 39 | NSV | | and | 444.00 | 446.00 | 2.00 | 0.68 | NSV | NSV | | HR22-361 | 165.17 | 165.63 | 0.46 | NSV | 599 | NSV | | and | 213.33 | 213.65 | 0.32 | 0.37 | 99 | NSV | | and | 226.10 | 227.30 | 1.20 | 15.04 | 2,500 | 0.17 | | and | 317.01 | 317.41 | 0.40 | 2.07 | 45 | 0.44 | | HR22-362 | 633.00 | 635.50 | 2.50 | 0.81 | 1,252 | 0.14 | | including | 634.00 | 634.75 | 0.75 | 2.24 | 3,330 | 0.38 | | HR22-364 | 486.75 | 488.60 | 1.85 | 0.16 | 15 | NSV | | HR22-365 | 184.70 | 186.85 | 2.15 | NSV | 187 | NSV | | and | 190.75 | 193.45 | 2.70 | NSV | 469 | NSV | | including | 192.30 | 192.95 | 0.65 | NSV | 1,040 | NSV | | and | 512.00 | 512.85 | 0.85 | 0.31 | 98 | NSV | | HR22-366 | 472.70 | 473.27 | 0.57 | 0.70 | 2,760 | 0.06 |

*Estimated true widths vary depending on intersection angles and range from 70% to 90% of core lengths Assays reported are uncut

Table 3. Drill Hole Collars for 2022 Homestake Main Deposit Area Drilling (this release)

| Hole ID | Easting UTM83 (m) | Northing UTM83 (m) | Elev. (m) | Azimuth | Dip | Length (m) | | HR22-324 | 462956 | 6179462 | 956 | 225 | -80 | 201.00 | | HR22-326 | 463126 | 6179555 | 903 | 215 | -72 | 472.50 | | HR22-329 | 463126 | 6179555 | 903 | 232 | -72 | 495.00 | | HR22-332 | 462965 | 6179544 | 922 | 240 | -73 | 402.00 | | HR22-333 | 463089 | 6179383 | 982 | 225 | -47 | 210.00 | | HR22-336 | 463034 | 6179363 | 1009 | 225 | -76 | 186.00 | | HR22-338 | 463034 | 6179363 | 1009 | 240 | -56 | 186.00 | | HR22-341 | 462902 | 6179443 | 961 | 220 | -48 | 120.00 | | HR22-342 | 462995 | 6179395 | 996 | 225 | -65 | 198.00 | | HR22-343 | 462902 | 6179443 | 961 | 220 | -50 | 150.00 | | HR22-345 | 462919 | 6179389 | 1007 | 225 | -66 | 132.00 | | HR22-346 | 462866 | 6179514 | 943 | 225 | -50 | 180.00 | | HR22-347 | 462866 | 6179514 | 943 | 225 | -60 | 192.00 | | HR22-348 | 462919 | 6179389 | 1007 | 225 | -50 | 111.00 | | HR22-350 | 462919 | 6179389 | 1007 | 200 | -45 | 132.00 | | HR22-351 | 463323 | 6179506 | 854 | 225 | -45 | 522.00 | | HR22-352 | 463132 | 6179416 | 949 | 200 | -55 | 351.00 | | HR22-354 | 463314 | 6179608 | 842 | 226 | -45 | 502.00 | | HR22-355 | 462865 | 6179922 | 1066 | 245 | -60 | 682.00 | | HR22-356 | 463050 | 6179452 | 956 | 255 | -74 | 399.00 | | HR22-359 | 462919 | 6179389 | 1007 | 160 | -45 | 288.00 |

Table 4. Drill Hole Collars for 2022 Homestake Silver Deposit Area Drilling

| Hole ID | Easting UTM83 (m) | Northing UTM83 (m) | Elev. (m) | Azimuth | Dip | Length (m) | | HR22340 | 463802 | 6178573 | 801 | 223 | -46 | 360.00 | | HR22344 | 463802 | 6178573 | 801 | 223 | -56 | 435.00 | | HR22349 | 463805 | 6178612 | 793 | 223 | -45 | 435.00 | | HR22353 | 463805 | 6178612 | 793 | 223 | -57 | 477.00 | | HR22358 | 463780 | 6178621 | 803 | 223 | -50 | 467.00 | | HR22361 | 463780 | 6178621 | 803 | 223 | -56 | 390.00 | | HR22357 | 463578 | 6179147 | 834 | 220 | -55 | 528.00 | | HR22360 | 463578 | 6179147 | 834 | 230 | -50 | 600.00 | | HR22362 | 464180 | 6178462 | 716 | 235 | -50 | 681.00 | | HR22364 | 463833 | 6178779 | 763 | 223 | -50 | 600.00 | | HR22365 | 463912 | 6178711 | 749 | 223 | -50 | 531.00 | | HR22366 | 463964 | 6178647 | 745 | 220 | -53 | 570.00 |

Table 5. Drill Hole Collars for 2022 Homestake Exploration Drilling

| Hole ID | Easting UTM83 (m) | Northing UTM83 (m) | Elev. (m) | Azimuth | Dip | Length (m) | | HR22311 | 464460 | 6177976 | 714 | 250 | -50 | 903.00 | | HR22312 | 464460 | 6177976 | 714 | 230 | -55 | 520.00 | | HR22363 | 464217 | 6179802 | 840 | 190 | -75 | 471.00 |

The Company Engages Gold Standard Media LLC

The Company has engaged internet marketing and advertising company, Gold Standard Media, LLC ("GSM"), to prepare email marketing campaigns, landing pages, advertisements, and other related services to assist the Company in raising public awareness of the Company and enhance its online presence.

GSM is a limited liability company existing under the laws of the State of Texas with an office at 723 W, University Ave. #110-283 Georgetown Texas. GSM uses affiliated entities such as Future Money Trends and Portfolio Wealth Global LLC for the purpose of these marketing activities. Under the terms of the agreement GSM will be paid US$125,000 for a 12 month period.