Palmetto Gold Project Drilling Program Results

VANCOUVER - Smooth Rock Ventures Corp. reported drill results from its initial 2021 diamond drill program at the 100% owned Palmetto Gold project, located in Esmeralda County, Nevada, within the southern portion of the Walker Lane gold trend.

The Company believes drill holes SRV 21-02, and 21-03, were collared and drilled on the down dip side of the mineralized zones, therefore did not intersect the high-grade feeder chutes.

Drill hole SRV 21-04 was drilled for geological information outside of the inferred resource area, examining the structural aspects of the rhyolite dome intrusive, potentially responsible for the emplacement of the gold mineralization.

The drill results align with Smooth Rock's interpreted geological model, based on the Company's compilation of all historical data from previous drilling and exploration programs. This initial 2021 four-hole diamond drill program was designed to expand the current resource by drilling the mineralized zones as interpreted by the Company's geological team. Drilling targeted potential high grade feeder chutes contained in deformation corridors, paralleling the main structural trends and explored other areas of the project outside of the inferred resource area.