BH Sample Results Memo #16

gsminingcompany Super Sack Assay Report

Bates Hunter Mine Assay Results
Assays Received-5/18/20                                                                          

Table 1.0
240 Level Material Samples Batch #1

On the 6th of May, 2020 sampling began from our stockpile of Super Sacks which contain material pulled out of the 240ft level of the Bates Hunter Mine. Our stockpile to date is at about 245 tons or 187 Super Sacks and counting.

Material consisted of muck, remnant vein ore and altered wall rock material. Bags are not consistent or representative of what future ore values could be but could represent a snapshot of currently available material for milling.

Samples were selected in a “Grab Sample” type fashion to attempt at sampling each super sack as equally and most representative of that bag.

Samples were sent to Hazen Research, Inc. in Golden, Colorado who performed fire assay analysis with gravimetric finish. Results presented in Table 1.0 are from Analytical Report 20M01808 and 20M01807.

*SSS: Super Sack Sample

* You may notice a few sample numbers are missing and that is due to the inability to read labels because of exposure to sun which has bleached any ink or because the sampler could not safely access a label.

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This quarterly report may be deemed to contain “forward-looking” statements. We desire to take advantage of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and we are including this statement for the express purpose of availing ourselves of the protections of such safe harbor with respect to all of such forward-looking statements. Examples of forward-looking statements include, but are not limited to (i) projections of revenues, income or loss, earnings or loss per share, capital expenditures, growth prospects, dividends, capital structure and other financial items, (ii) statements of plans and objectives of ours or our management or Board of Directors, including the introduction of new products or services, or estimates or predictions of actions by customers, suppliers, competitors or regulating authorities, (iii) statements of future economic performance and (iv) statements of assumptions underlying other statements and statements about us or our business.

Our ability to predict projected results or to predict the effect of any legislation or other pending events on our operating results is inherently uncertain. Therefore, we wish to caution each reader of the report to carefully consider specific factors, including competition for products, services and technology; the uncertainty of developing or obtaining rights to new products, services or technologies that will be accepted by the market; the effects of government regulations and other factors discussed herein because such factors in some cases have affected; and in the future (together with other factors) could affect, our ability to achieve our projected results and may cause actual results to differ materially from those expressed herein.