Technical Report On Updated Mineral Resource Estimate At Fremont Gold Project

TORONTO - Stratabound Minerals Corp. has filed a National Instrument 43-101 Technical Report on the updated Mineral Resource Estimate (MRE) for the Fremont Gold Project in California. The Technical Report, which was prepared by P&E Mining Consultants Inc. confirms significant increases in both Indicated and Inferred Mineral Resource classifications.

The updated MRE replaces the previous Mineral Resource Estimate which extended along 960 meters of strike, 350 meters below surface and included only the Pine Tree/Josephine pit-constrained component.

The updated MRE now extends along 1,400 meters of combined strike length and up to 600 meters below surface as it additionally includes the satellite Queen Specimen pit-constrained plus the Pine Tree/Josephine out-of-pit components. Historical mining commencing in 1849 subsequent to the California Gold Rush at the Pine Tree/Josephine underground mines extended across 800 meters of strike, 600 meters vertical depth and produced 126 k oz of gold in 540 k tons, (8.0 g/t gold) at the historical gold price of US$35 per ounce before closing in 1944. The updated MRE is based on 33,982 meters of drilling, 518 meters of trench sampling, and 5,760 meters of underground channel sampling.