Exploration Update On The New York Canyon Property

VANCOUVER - Emgold Mining Corporation reported the completion of assay results from four exploration diamond core holes and re-assay results from nine historic diamond core holes drilled at its New York Canyon Property, NV. Exploration activities are being carried out by Kennecott Exploration Company (KEX). The Property is an advanced stage exploration project consisting of three main copper targets which were first explored in the mid-1960's, with the last historic drilling completed in 2006. These historic targets, situated west to east respectively, are called Copper Queen, Champion, and Longshot Ridge.

The Property is subject to an Earn-In with Option to Joint Venture Agreement between Emgold and KEX.

David Watkinson, President and CEO, said, "We are grateful to have KEX as a partner to explore the New York Canyon Property and are excited by the results to date that indicate the potential for a larger copper skarn and porphyry system on the Property. KEX is taking a systematic approach to exploring the Property, including geologic and structural mapping, geophysics, drilling, and other exploration work. KEX has doubled the size of its initial planned drilling program from five hole in 2021 and is now expected to complete at least 10 holes prior to year-end. We look forward to receiving and releasing additional exploration results in the near-future."