Golden Birch Provides Exploration Update Fourth Prospect Defined at Everi-Urua
Golden Birch News Release –November 10, 2020
1
140 Cook’s Lake Road
Timmins, Ontario
P4R 0B7 Canada
Golden Birch Provides Exploration Update
Fourth Prospect Defined at Everi-Urua
Timmins, Ontario (November 10, 2020) - Golden Birch Resources Inc. (CSE:GBRX) (“Golden Birch”, “GBRX” or
the “Company”) is pleased to provide an update on the drill rig mobilization and definition of a fourth
exploration prospect Everi-Urua at the Keveri Project in Papua New Guinea (“PNG”).
SUMMARY AND HIGHLIGHTS
● Newly acquired CS 1000 drill rig mobilized on October 7, 2020 from Burnie Port, Tasmania has
arrived in Port Moresby, PNG November 6, 2020;
● After clearing customs, the rig will be transported to a supply depot at Moreguina village located a
short distance by helicopter to the project;
● Anticipated drill program to begin by mid-December 2020;
● Collaboration with local timber company that holds the timber permits in the region to coordinate
logistics for access road construction. Completion of access road now estimated early 2021;
● Work has begun on the upgrade of the Waki exploration camp using workers from nearby villages;
● Discovery of copper and gold mineralization in outcrop and float at the Everi area (“Everi”) from
reconnaissance surveys carried out in mid 2019 and June 2020;
● Compilation and review of historic exploration carried out by Papuan Precious Metals Ltd (“PPM”)
completed in August 2020;
● Everi discovery extends historic Urua Prospect (“Urua”) further south;
● Rock samples from Everi assayed up to 5.13% copper (“Cu”) from sample #109313 and 8.45 g/t gold
(“Au”) from sample #109132 in separate outcrop and float samples respectively; See table 1 for
complete rock sample assays.
Table 1: Selected Everi-Urua Prospect rock sample assays
Date Sample No UTM East UTM North Type Au g/t Ag g/t Cu % Mo
ppm
4/7/2019 109093 699447 8906057 Float 0.231 3.6 2.290 4
4/7/2019 109094 699450 8906075 Float 0.202 4.7 2.780 7
4/7/2019 109095 699436 8906073 Outcrop 0.472 5.5 3.970 4
4/7/2019 109096 699444 8906080 Outcrop 0.342 9 1.770 7
4/7/2019 109097 699438 8906073 Outcrop 0.521 11.2 4.730 3
4/7/2019 109132 699591 8905881 Float 8.45 <0.5 0.160 1
1/06/2020 109306 699841 8905994 Float 0.328 4.4 2.880 1
1/06/2020 109307 699813 8905929 Float 0.205 0.5 0.897 <1
3/06/2020 109313 699464 8906051 Outcrop 0.374 16.4 5.130 22
Note: Exploration at Everi-Urua is at an early stage and the reader is cautioned that all assay values from in situ outcrop and rock
float samples are selective in nature and are not representative of the overall prospect area. Further work is required before a
representative copper and gold grade can be determined for Everi-Urua.
Golden Birch News Release –November 10, 2020
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140 Cook’s Lake Road
Timmins, Ontario
P4R 0B7 Canada
Everi and Urua Prospects
The Everi area of interest is located immediately south of the Urua Prospect (see Figures 1 and 2). In May 2019,
reconnaissance mapping recognized altered and mineralized rock float in narrow creeks north of the Adau
River. This led to the discovery of outcropping copper and gold mineralization 400 metres (“m”) upstream in
the Everi Creek and north of the Adau River (see Figure 2). The initial discovery outcrop at Everi Creek is a
brecciated gossan showing strong sericite-silica alteration, with disseminated pyrite, chalcopyrite and quartz-
chalcopyrite-pyrite veins (samples #109093 – #109097: see Table 1 and Figure 2). A total of 29 rock samples
were collected in June and July 2019. An additional 13 rock samples were collected from outcrop and float in
early June 2020.
The Everi and Urua Prospects (“Everi-Urua”) have become a high priority prospect for the Company due to its
strategic location near the intersection of key structural features. These features consist of the main northwest-
southeast trending Keveri Fault and northeast trending Urua Creek Fault. Petrological investigation of selective
rock samples at Everi-Urua reveals the presence of intrusive rocks at Urua which supports the interpretation
for a mineralized intrusive at depth.
The Everi-Urua Prospect has several characteristics that are representative of Tier 1 Cu-Au deposits in Papua
New Guinea. Further exploration is required at Everi-Urua to determine the next steps.
Figure 1: Copper-gold targets within the Keveri Project. Note: the northeast transfer structures, particularly the
structure associated with the Omu and Everi-Urua prospects.
Golden Birch News Release –November 10, 2020
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140 Cook’s Lake Road
Timmins, Ontario
P4R 0B7 Canada
Work Completed at Everi-Urua Prospect
In April-August 2020, a detailed compilation and review of the historic exploration data (including soil
geochemistry, trench mapping, drill hole data, IP survey data, and airborne magnetic data and images)
completed by PPM from 2008 to 2012, was undertaken by Golden Birch geologists. Results of this review
suggests that the geology of Urua consists of zones of hydrothermal brecciation and hydrofracturing of the
host mafic and/or ultramafic wall rocks which have undergone widespread argillic alteration and associated
silicification highlighting potential for a mineralized intrusive at depth.
In May-June 2020, a reconnaissance trip was undertaken by Golden Birch geologists to confirm alteration and
mineralization discovered and reported by PPM in 2010-2012. This work confirmed that the Urua area is
dominantly composed of gossanous, hydrothermal breccias and silicified mafic-ultramafic rocks with quartz-
sulphide veining and stockwork in places. Mineralization is fracture and vein-controlled filled with quartz and
pyrite. Rock samples collected for petrological analysis reveals two types of intrusive rocks at Urua. This
validates the preliminary interpretation of a potential intrusive at depth and likely causative to the brecciation,
hydrofracturing and widespread hydrothermal alteration of the host mafic and/or ultramafic rocks.
Figure 2: Location of rock samples over Everi-Urua Prospect showing Cu-Au results.
Golden Birch News Release –November 10, 2020
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140 Cook’s Lake Road
Timmins, Ontario
P4R 0B7 Canada
Figure 3: Mineralized rock float samples at Everi Creek. Left: Sample #109306 which is an ultramafic rock with
strong malachite coatings and veins of quartz, pyrite and chalcopyrite assaying 2.88% Cu, 0.328 g/t Au, 4.4 g/t
Ag and 1 ppm Mo. Right: Sample #109307 which is a clinopyroxene-rich Cu-Au skarn with assay values of 0.9%
Cu and 0.21 g/t Au. See Figure 2 for location.
Preliminary Geological Interpretation of Everi-Urua Prospect
The Everi-Urua Prospect has several characteristics of a porphyry copper-gold system as evidenced by:
● Favourable structural setting, close to the intersection of the arc-parallel Keveri Fault
(with possible fault offsets) and the north-east trending Urua Creek Fault (transfer fault);
● Elevated Cu-Mo-Au values in rock samples;
● Mapped porphyry-style intrusion at Everi with porphyry-style hydrothermal alteration
assemblages and possible associated skarn mineralization;
● Cu-Au skarn mineralization at Everi, with rock float sample #109307 assaying 0.9% Cu and
0.21 g/t Au;
● Mapped hydrothermal alteration zones at Urua consisting of breccia zones and
stockwork veining;
● The presence of intrusive rocks at Urua as demonstrated by petrological investigation of
rock samples.
Planned Exploration Program at Everi-Urua Prospect
The Company anticipates that future exploration may include the following:
• Detailed geologic mapping to identify areas of alteration, brecciation, and mineralization;
• Additional soil sampling east of Urua Area and Everi;
• Re-logging of drill core for three drill holes completed by PPM;
• Development of drill targets followed by drilling.
Golden Birch News Release –November 10, 2020
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140 Cook’s Lake Road
Timmins, Ontario
P4R 0B7 Canada
Figure 4: Ground-breaking celebration for construction of the 30 km access road to the drill site and camp. Local
Doma Village residents shared in the excitement of developing this new infrastructure.
Qualified Person
Mr. Ian Taylor, MAusIMM(CP), a consultant to the Company, a Qualified Person as defined by National
Instrument 43-101 – Standards of Disclosure for Mineral Projects, has approved the applicable contents of this
news release.
About Golden Birch Resources Inc.
Golden Birch Resources Inc. is a mineral exploration company focused on acquiring, exploring, and developing
quality mineral properties in Papua New Guinea. Core values for the Company are respect for the community,
the landowners, the environment and operating a safe workplace for its employees. The Company is also
committed to best practice standards of corporate governance.
Golden Birch News Release –November 10, 2020
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140 Cook’s Lake Road
Timmins, Ontario
P4R 0B7 Canada
For further information please visit the Company’s website at www.goldenbirchresources.ca or contact:
Golden Birch Resources
Iain Martin, Chief Administrative Officer (CAO)
& Executive Director
Yellow Jersey PR Limited
Sarah Hollins
Henry Wilkinson
Emma Becirovic
Tel: 705 288 0249
Tel: +44 (0) 20 3004 9512
Sample Preparation, Laboratory Analysis and QA/QC Procedures for Everi and Urua rock samples
Soil samples weighing 1 to 2 kilograms (“kg”) are collected from the field using a clean hand auger drill. Samples
are obtained from the bottom of 30 to 50 cm hole by the auger drill which is generally comprised of deeply
weathered bedrock or materials from the “C” horizon of the soil profile. Each collected soil sample is laid out
on a clean canvass and subsequently quartered for homogenisation. Soil characteristics are recorded in a
waterproof field notebook and sample booklet prior to bagging. Sample tags with numbers are placed inside
the sample bag for laboratory reference. GPS locations (including coordinates and elevation) of the samples
are recorded digitally and manually. The samples are secured in pre-labeled clean zipped plastic bags and
brought to the exploration camp. The samples are sun-dried for 1-3 days and transferred into a clean calico
bag with proper labels. From the project site, the calico bags containing the soil samples are collectively bagged
in polyweave bags with labels for dispatch to TNT Air Cargo depot in Port Moresby. From there, after proper
documentation by TNT personnel, the samples are dispatched to Australian Laboratory Services Pty Ltd (“ALS”)
in Townsville, Queensland, Australia for geochemical analysis.
The soil samples are subjected to pulverization using the PUL-32 technique prior to analysis. Multi-element
analysis (ME-MS41) is then employed in determining the elements present in the soil samples except for gold.
For gold, Au-AA24 and **Au-TL43 is applied. Assay results are provided in a timely manner by ALS.
For rock samples, fist-size rocks weighing 0.5 to 1 kg from in situ outcrop and floats are collected from the field.
Samples are cleared of any dirt of other foreign material prior to being placed into a clean calico sample bag.
Sample location GPS coordinates (including elevation) are recorded both digitally and manually in a notebook.
All details and data relating to each sample are transferred and captured into a computer databased at the
exploration camp. Rock float samples are generally collected from rivers or creeks whilst in situ rock samples
are collected from outcrops present on the sides of rivers or creeks or on ridges and hilltops. All details and
properties of the rock samples are recorded in a field notebook and sample booklet. Sample (calico) bags are
labelled and sample tags with numbers are put inside the sample bags with the rock samples for geochemical
analysis. From the project site, the calico bags containing the rock samples are collectively bagged in polyweave
bags with proper labels for dispatch at the TNT Air Cargo Depot in Port Moresby. The samples are dispatched
from TNT Air Cargo Services in Port Moresby to Australian Laboratory Services Pty Ltd (“ALS”) in Townsville,
Queensland, Australia for multi-element analysis.
The rock samples are pulverized under the PREP-31 technique prior to analysis. Multi-element analysis being
ME-ICP61 and *Cu-OG62 are applied in determining the elements present in the rock samples except for gold
(Au-AA24 is applied for gold). Assay results are provided in a timely manner by ALS.
For Soil Samples, analytical methodology applied by ALS is as follows:
• PUL-32 (Pulverize a 1,000g split to 85% passing 75 microns)
Golden Birch News Release –November 10, 2020
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140 Cook’s Lake Road
Timmins, Ontario
P4R 0B7 Canada
• ME-MS41 (51 elements, 0.2ppm-1% Cu)
• Au-AA24 (Au by fire assay and AAS)
• **Au-TL43 (Au by aqua regia extraction with ICP-MS finish, applied in pre-2019 soil samples).
For Rock Samples, analytical methodology applied by ALS is as follows:
• PREP-31 (Crush to 70% less than 2mm, riffle split off 250g, pulverize split to better than 85%
passing 75 microns) (ROCK)
• ME-ICP61 (33 elements, 1ppm-1% Cu)
• Au-AA24 (Au by fire assay and AAS)
• Cu-OG62 (Four acid digestion and ICP or AAS finish, automatically triggered on Golden Birch’s
samples with high copper content.
Forward-Looking Statements
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian
Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to
differ materially from the statements made. Such statements reflect the Company’s present views, future plans, objective or goals,
including words to the effect that the Company or management expects a stated condition or result to occur. When used in this
document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar
expressions are intended to identify forward-looking statements. Since forward-looking statements are based on assumptions and
address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements
are based on information currently available to the Company, the Company provides no assurance that actual results will meet
management’s expectations. Many risks, uncertainties, and other factors involved with forward-looking information could cause
our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the
Canadian securities regulatory authorities.
Forward-looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans,
statements, such actual results of current exploration programs, the general risks associated with the mining industry, the price
of copper, gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market
factors, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the
commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from
such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated
mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the
preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or
other project approvals, political risks, , uncertainties relating to the availability and costs of financing needed in the future,
changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of
projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration
and development industry, the inability to predict and counteract the effects of COVID -19 on the business of the Company,
including but not limited to the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour
and international travel and supply chains, and those risks set out in the Company’s public documents filed on SEDAR.
Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news
release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news
release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims
any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future
events or otherwise, other than as required by law.