Huronian Gold Project Drill Program

THUNDER BAY - Kesselrun Resources Ltd. has received initial results from the 2021 drill program on the Huronian Gold Project. The program commenced on the Fisher Zone with the initial goal of testing the grade continuity and plunge direction of the high-grade shoot at Fisher. Highlights: Hole 21HUR030 assayed 14.8 g/t Au over 1.0 m within 10.3 m of 4.7 g/t Au; 21HUR031 assayed 30.4 g/t Au over 1.0 m within 5.8 m of 6.8 g/t Au; 21HUR032 assayed 14.3 g/t Au over 0.9 m within 3.9 m of 4.5 g/t Au; 21HUR034 assayed 16.7 g/t Au over 0.8 m and 13.3 g/t Au over 1.4 m within 3.8 m of 5.8 g/t Au and 3.9 m of 7.0 g/t Au respectively; Multiple high-grade veins intercepted within wide zones of gold mineralization; Plunge direction confirmed at shallower levels; and Holes now planned further down plunge.

Michael Thompson, P.Geo., President and CEO, said, "Our team worked hard incorporating last year's impressive drill results remodeling the Fisher Zone along with the entire mineralizing system on the Huronian Gold Trend. These first few holes were testing that revised model allowing us to more effectively target aggressive step outs down plunge. This revised model has also resulted in new, very compelling targets that we are excited to test in the future."

The 2021 Huronian drill program is budgeted at 20,000 meters targeting the Fisher, Fisher North, McKellar and Huronian zones, all in close proximity along an approximate 1500 m strike length in the area of the historic Huronian Mine. The area also has tremendous potential for discovery of new zones in light of the new revised mineralization model.