Phase I Surface Program Completed At Freeman Creek Gold Property

VANCOUVER - Gaia Metals Corp. reported that the Phase I surface field program at the Freeman Creek Gold Property has been completed with all samples currently en-route to Activation Laboratories. The Property is located approximately 15 km northeast of Salmon, in the State of Idaho, and is accessible via paved highway and a network of gravel roads and trails. The program's objectives were to verify the locations of historical drill collars, adits, and open-cut locations, as well as complete Property-wide prospecting and rock sampling, soil sampling, and a ground magnetic survey. Over the course of the fourteen (14) days on site at Freeman Creek, a total of 222 rock samples were collected throughout the Property, a 162-sample soil grid completed over the Gold Dyke Prospect, and a magnetic survey completed over both the Gold Dyke and Carmen Creek Prospects.

The Company is pleased to report the successful completion of each objective with the primary gold-silver occurrences, that denote the Gold Dyke and Carmen Creek prospects, having been located as well as the drill pad location for historical drill holes RDH-8 and RDH-10, where mineralized intercepts of 1.5 g/t Au and 12.1 g/t Ag over 44.2 m (RDH-8) and 1.7 g/t Au and 17.1 g/t Ag over 21.3 m (RDH-10) were returned historically. A primary objective of the Phase II drill program will be to verify these historical drill results. Several adits were also located proximal to both prospects, as well as numerous open-cuts and blast sites.

Mineralization at Gold Dyke is hosted by strongly silicified meta-sediments with quartz veining and minor sulphides (pyrite, arsenopyrite, chalcopyrite), and at Carmen Creek by chlorite mica-schists with quartz veining, magnetite, and common malachite and sulphides (bornite, chalcopyrite, pyrite). At Carmen Creek, initial field prospecting outlines a central mineralized zone of 1-2 m and veining extending out 5 to 10 m into the wall rock. Preliminary interpretation of the magnetic data for Carmen Creek indicates a magnetic high coincident with the mineralization, and likely reflects the magnetite content.