BH Sample Results Memo #28

gsminingcompany Assay Reports, Bates Hunter Mine

Bates Hunter Gold Mine
Core Sample Assays | 240 Level Core Drilling Campaign
Received 7/19/2021 & 7/20/2021 

Throughout the months of June and July of 2021, a mineralized vein interval was intercepted by the core drilling campaign about 30ft into the hanging-wall of the 240ft level. This interval displayed promising mineralogy and multiple cores were drilled to determine the strike and dip of the vein/mineralization, including two fan-out holes and two up holes. Logging and sampling of these cores was completed as quickly as possible and sent for assay. The sampling of the cores consisted of utilizing a tile-saw to halve the core, one half for assay and one half for archive; however, the mineralized interval exhibited two separate “hearts” on each end of the interval. Thus, the assay sample half was halved again to create a quartered “composite” sample of the entire interval and separate quartered heart samples. Additionally, some other interesting intercepts were sampled from farther out into the hanging wall in BHU21-01 and the 240 refuge drift stope vein intercepted by BHU21-03.

The samples were sent to Hazen Research, Inc. in Golden, Colorado on June 25th and July 7th 2021; where fire assay analysis with gravimetric finish was performed. Results of the analyses were received on July 19th & July 20th 2021 and are presented in Table 1, from analytical reports 21M02303 and 21M02360. Results were delayed due to an influx of samples that Hazen Analytical has been receiving this summer.

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CAUTIONARY STATEMENT FOR PURPOSES OF THE SAFE HARBOR PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

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.