MONTREAL, July 7, 2021 (GLOBE NEWSWIRE) – God Exploration Inc. (TSX-V: DOS) has secured a diamond drill rig for its upcoming summer drilling program at the wholly owned K2 gold-copper property, James Bay, Quebec. The rig is expected to be mobilized to the site in mid-August.
To begin with, 2,000 meters of drilling are planned this summer, with holes planned in
1) Sesame golden target, north of Kali Pluto, a 2 km long by 200-400 m wide NE striking airborne IP anomaly, in volcanic (western extension of the Elmer formation?), and
two) southeast of K2 first priority strong IP driver (P-11) with good related anomalous gold-copper-As-horizon B conglomerates, close to the A-48 km size target (June 1 and May 11 launches).
In addition, further drilling is planned, particularly when the ground is frozen, some 800 m south of P-11 on very strong SOLO first priority IP conductors several km in length parallel to coincide with a moderate east gold soil anomaly. -west P-07 (& P -06).
The K2 property (royalty-free), adjacent in the same west-southwest trend to Azimut Exploration Inc.’s Elmer project, is supported by the same stratigraphy.
Artificial intelligence agreement update
Following an Artificial Intelligence (AI) Agreement with Windfall Geotek on K2, as mentioned in God’s June 23 press release, 750,000 Ordinary Shares of DIOS will be issued to Windfall Geotek, as well as 250,000 warrants entitling the holder to acquire an ordinary share of GOD at $ 0.10 for five years after closing, subject to regulatory approvall. Another 250,000 common shares of GOD will be issued if GOD hits the intended targets within two years. This release was prepared by MJ Girard, P. Geo, MSc, President of God, a qualified person under National Instrument 43-101.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Marie-José Girard, Geo M.Sc., 43-101 QP
Tel. (514) 923-9123