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Exploration Highlights

Multiple gold vein corridors identified at FG Gold

Table of Significant Drill Results that Outline Higher-Grade Gold Corridors

Table of Significant Drill Results that Outline Higher-Grade Gold Corridors

  1. Karus Gold has not been able to determine true width yet due to complexity of the vein structures within the mineralized zones.  The 2020 drill program was designed to better understand the geometry and how the mineralized zones are related.  The orientation of individual quartz veins within the mineralized zones are quite variable.  Reported widths are drill indicated core length and not true width, for the reasons above.  Average grades are calculated with un-capped gold assays, as insufficient drilling has been completed to determine capping levels for higher grade gold intercepts.
  2. Drilling data on the Lower Zone is currently limited and the true thickness and orientation of the zone is not firmly known.  However, based on current data, it is estimated that intercept represents ~50%-65% of the true thickness of the zone.
  3. Composites are calculated using a 0.3 g/t Au cutoff, incorporating no more than 7 m downhole dilution. Higher grade composite sections are calculated using a 1 g/t and 3g/t cutoff incorporating no more than 5 m downhole dilution.  Screen metallic assay data is present as it is more representative of the true sample value due to the increased sample volume processed and the multiple gold size fractions analyzed.

Figure 2. Location of FG Gold High-Grade Gold Corridors and Section Lines

Figure 2. Location of FG Gold High-Grade Gold Corridors and Section Lines

Figure 4. Cross Section A to A’ (View to Northwest)

Figure 4. Cross Section A to A' (View to Northwest)

Figure 5. Cross Section B to B’ (View to Northwest)

Figure 5. Cross Section B to B' (View to Northwest)

FG Gold drill results – announced April 21, 2021

Figure 1: Figure 1: Drill Hole Plan Map

Figure 1: Drill Hole Plan Map

Figure 2: FG-20-376 cross section

Figure 2: FG-20-376 cross section

Figure 3: FG-20-378 & FG-20-379 cross section

Figure 3: FG-20-378 & FG-20-379 cross section

Figure 4: FG-20-380 cross section

Figure 4: FG-20-380 cross section

Figure 5: FG-20-381 cross section

Figure 5: FG-20-381 cross section

Figure 6: FG Gold – Long Section

Figure 6: FG Gold – Long Section

Figure 7: Property-scale potential

Figure 7: Property-scale potential

FG Gold Project

FG Gold Drill Program Spring 2020
Figure 1: Property Map With 20 km Trend And Exploration Areas

Figure 1: Property Map With 20 km Trend And Exploration Areas

FG Gold
Figure 2: Conceptual Regional Cross-Section R-R

Figure 2: Conceptual Regional Cross-Section R-R

FG Gold
Figure 3: Cross Section of Holes - 368 And 369 Showing Quartz Intercepts

Figure 3: Cross Section of Holes - 368 And 369 Showing Quartz Intercepts

FG Gold
Figure 4: Example Visible Gold Core Photo

Figure 4: Example Visible Gold Core Photo

FG Gold
Figure 5: Cross Section Showing Hole FG-20-369, FG-20-371, FG-20-376 And FG-20-377

Figure 5: Cross Section Showing Hole FG-20-369, FG-20-371, FG-20-376 And FG-20-377

FG Gold
Figure 6: Long Section of FG Gold Main Zone Showing Lower Zone Intersections And Visible Gold

Figure 6: Long Section of FG Gold Main Zone Showing Lower Zone Intersections And Visible Gold

FG Gold
Figure 7: Plan Map of 2020 Drilling

Figure 7: Plan Map of 2020 Drilling

FG Gold Project
Figure 1: Nova Zone Geology, Geophysics And Drill Collars

Figure 1: Nova Zone Geology, Geophysics And Drill Collars

FG Gold Project
Figure 2: Nova Zone Porphyry Discovery - Gold in Soils

Figure 2: Nova Zone Porphyry Discovery - Gold in Soils

FG Gold Project
Figure 3: Nova Zone Porphyry Discovery - Gold in Soils

Figure 3: Nova Zone Porphyry Discovery - Gold in Soils

Gold Creek Project

Gold Creek Project
Figure 1: Camp Zone Gold Discovery - Gold in Soils

Figure 1: Camp Zone Gold Discovery - Gold in Soils

Gold Creek Project
Figure 2: Arsenic in Soils

Figure 2: Arsenic in Soils

Gold Creek Project
Figure 3: Camp Zone Drill Intercepts

Figure 3: Camp Zone Drill Concepts

Gold Creek Project
Figure 4: Example Hole Cross Section

Figure 4: Example Hole Cross Section