Potential High-Grade Core At Hercules Target

VANCOUVER - Eclipse Gold Mining Corporation reported an update for its Hercules Gold project located in Lyon County, Nevada. "We are excited by the continued strong sample results on the Hercules Target and look forward to drilling shortly. Since acquiring the core claims in early August of 2019, we have expanded the property by staking 976 additional claims, giving us a district-scale property position. Ongoing mapping and sampling have yielded exciting new results, with the Sprite showing being on ground recently acquired through staking,” said Michael G. Allen, President, CEO and Director.

The Company has identified a new showing, called Sprite, on ground staked by the Company in August 2019. Sprite was originally identified as a hyperspectral anomaly and flagged for reconnaissance sampling, the results of which ranged between below detection and 0.69 g/t gold with 12.7 g/t silver in eight widely-spaced samples. Mineralization appears to be hosted in the same permeable volcaniclastic rock as elsewhere on the property. Sprite is an irregular 700 m by 700 m window through overburden that limits the extent of the showing. Further work will be needed to understand the nature of the mineralization at Sprite and its relationship to the main targets on the property.

Work to date has identified the presence of a large low sulphidation epithermal system that is exposed on surface in the northwestern part of the Walker Lane Trend. Mineralization appears to be controlled by high angle North-South and Northeast trending structures. Mineralization is both focussed along these structures and is disseminated in the adjacent andesite tuff volcaniclastic rock. Additional hyperspectral anomalies that have been identified on the property remain to be evaluated.