Windy Peak Gold Project Drilling Program

 

LAS VEGAS, NV - Patriot Gold Corp. has completed Phase I of a three-phase drilling exploration program at the Windy Peak Project in Churchill County, Nevada. The Phase I drilling program commenced in December 2019 and consisted of ten (10) drillholes dispersed throughout the Windy Flats North exploration target area, an area of known anomalous gold occurrence. Historic information indicates that mineralization in the Windy Flats North area is likely associated with a volcanic pipe or vent, as evidenced by volcanic breccia routinely encountered during drilling. This offers a reasonable, if tentative, conceptual deposit model on which to base drilling exploration plans at this time, given the limited amount of existing data and information.

Phase I was designed to determine the lateral extent of the mineralization at Windy Flats North by stepping out approximately 300 ft from closely spaced historic drilling results. Of the ten (10) holes drilled, eight (8) encountered gold intercepts greater than or equal to 10 feet with gold grades greater than 0.1 g/t. These intercepts may slightly exaggerate the true thickness of mineralization given the vertical orientation of the holes and moderate dip to the east of the mineralized zone.

The highest gold grade encountered was 2.58 g/t in PG19-002 between 155 and 160 feet. No significant silver grades were encountered.Drilling results at Windy Flats North suggest that the mineralization is open to the northeast along strike and down-dip, thins to the north and south, and is closed to the west by intersection with an erosional surface presently overlain by thick overburden. Patriot considers the historic drillhole results validated by the 2019 drilling, and interprets the 2019 drill results as a positive indication of potential mineralization at depth in the northeastern portion of the Windy Flats North target area.