Gold’N Futures Adds New Claims to Hercules GOLD Property in the Beardmore-Geraldton GOLD CAMP, Ontario
789 West Pender St., Suite 810
Vancouver, BC V6C 1H2
Tel: 604-687-2038
www.goldnfuturesmineralcorp.com
NEWS RELEASE CSE: FUTR
OTC: GFTRF
May 10, 2021 FSE: G6M
GOLD’N FUTURES ADDS NEW CLAIMS TO HERCULES GOLD PROPERTY
IN THE BEARDMORE-GERALDTON GOLD CAMP, ONTARIO
VANCOUVER, BC -- (Newsfile – May 10, 2021) GOLD’N FUTURES MINERAL CORP. (CSE: FUTR) (FSE: G6M),
(OTC: GFTRF) (the " Company” or “ Gold’n Futures ”) is pleased to report it has acquired by staking 5
multi-cell claims totaling 82 units located in the Castlewood Lake Area of the Thunder Bay North District
of Ontario. The new claims are contiguous with the northeastern portion of the Hercules property and
cover an area of approximately 1,3 12 hectares (“ha”). The new staking in combination with t he
original Hercules claims increases the project area to more than 10,000 ha.
With the additional claims, Gold’n Futures has strategically protected the northern and northeastern
portion of the Kaby Lake Intrusive Complex (the “KLIC”) and its contact with metamorphosed felsic and
mafic volcanic rocks . This is an important contact as the Hercules gold zones are associated with
northeastern contact of the Elmhirst Lake Intrusive Complex (“ELIC”).
The KLIC is approximately 2.5 kilometers northeast of the ma in gold zones of the Hercules gold project
and is similar in age and composition to the ELIC. Within the KLIC and adjacent volcanic units, there
are known mineral occurrences. Within the mafic volcanics there is an area of sulphide mineralization
where h istorical drilling in 1988 by Duration Mines Ltd . and later in 2010 by Kodiak Exploration L td.
tested a number of nickel – copper occurrences.
In the central part of the Company’s newly staked claims and near the northern contact of the KLIC , a
1986-1987 basal till sampling program , undertaken by the Ontario Geological Survey and Geological
Survey of Canada, yielded a sample with 4 gold grains. Significantly, areas associated with known gold
deposits such as the Sturgeon River Gold mine and Dik -Dik mine also produced gold grains in basal till
from the same sampling program. The results of this program were published in the Ontario Ministry
of Northern Development and Mines M ap P -3105 – Gold Grains in Surface Till Samples,
Beardmore-Geraldton Area.
“We are pleased to have staked these claims over a significant section of the Kaby Lake Intrusive
Complex, thereby adding to the regional potential of the Hercules property . These claims protect a
potentially important area of geological structures and gold anomalies that may host another suite of
high-grade gold occurrences”, commented Stephen Wilkinson, President-CEO.
About Gold’n Futures Mineral Corp.
Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M) (OTC: GFTRF) is a Canadian based exploration
company focused on advancing its Hercules gold project located in the Hercules -Elmhurst property .
The Hercules Project is located 120 kilometres northeast of Thunder Bay, Ont., in the townships of
Elmhurst and Rickaby, within the Thunder Bay North M ining District in the heart of the Beardmore –
Geraldton gold mining camp . The property lies within an Archean greenstone belt that extends from
the Longlac area in the east to Lake Nipigon in the west, a distance of about 130 kilometres. The
property consists of 475 contiguous claim cells ( 10,052 ha ). To date, the work completed on the
property forms an extensive database includ ing reconnaissance grab samples; channel samples; a
variety of geophysical surveys; and, a drill hole database that includes historic al drilling totalling in the
order of 537 holes. More than a total of 2,000 grab and channel samples were collected from t he
property. In the last two field seasons, more than 150,000 square metres of trenches were developed
much of which have been fully reclaimed . For more information, please visit our website at:
www.goldnfuturesmineralcorp.com
Qualified Person
The scientific and technical content of this press release has been prepared, reviewed and approved by
Mr. Walter Hanych, P. Geo., who is a Qualified Person under NI 43 -101 regulations and is a director of
the Company.
On behalf of the Board of Directors
For further information
Stephen Wilkinson,
President and CEO,
Email: [email protected]
The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.
This news release may contain forward- looking statements based on assumptions and judgments of management regarding
future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or
results to differ materially from those reflected in the forward- looking statements. There is no assurance the private placement,
property option, change of board or reinstatement of trading referred to above will close on the terms as stated, or at all. The
Company disclaims any intention or obligation to revise or update such statements.