Advance United Holdings Reports Critical Metals Present on the Buck Lake Property, Sault-Ste Marie, Ontario

Advance United Holdings Reports Critical Metals Present on the

Buck Lake Property, Sault-Ste Marie, Ontario

Highlights

• Channel sampling in the known VLF EM anomalies identified the critical metals copper and zinc,

results include 1.58% Cu and 4.93% Zn in the massive sulfide zones.

• 14 areas were stripped of overburden to expose bedrock and 10 areas were channel sampled for a

total of 89 samples over a total length of 85 meters.

• Area “M” showed highly anomalous gold up to 0.33 g/t along with the copper of 1.58%.

Toronto, Ontario – (Newsfile Corp. – December 1, 2022) – Advance United Holdings Inc. (CSE: AUHI)

(OTCQB: AUHIF) (FSE: 9I0) (the “Company” or “Advance United”) is pleased to announce overburden

stripping and channel sampling completed at Buck Lake Property in the months of August 2022 and

September 2022 in attempts to uncover mineralized zones which were prospected earlier in the year in

June 2022 and July 2022 and to identify the cause of VLF EM anomalies detected during an earlier survey.

A total of fourteen (14) areas were stripped of overburden and ten (10) areas were channel sampled (area

“A” had two sections).

The areas stripped on the property were labelled alphabetically from South to North “A” to “M”. Four (4)

areas “E1”, “H”, “J”, and “L” were stripped and washed but not sampled as no mineralized zones were

uncovered in those areas. A total of eighty-nine (89) channel samples were obtained and submitted to

Actlabs in Timmins for analyses.

Most areas stripped and sampled were found to contain massive bands of medium grained to coarse

grained pyrite +/- pyrrhotite with varying amounts of chalcopyrite and sphalerite in a highly magnetic

chloritic mafic host.

The bands of massive sulphide were up to 3 meters thick in Area “C”, see Figure #1 below. The one

exception was the northern most stripped area “M” which contained massive fine-grained pyrite and

pyrrhotite, and visible disseminated chalcopyrite in different areas of the outcrop in a more “random”

distribution. This area “M” was found by the VLF survey undertaken in late July 2022 and is considered an

extension of the main zone, approximately 400 m to the north of the main zone.

.

Figure 1: Three-meter-wide Zone of Massive Sulfide in Area “C”

Figure 2: Typical massive pyrite mineralization found in most stripped areas

Figure 3: Typical stripping and channel sampling (stripped area “M”)

Stripped Areas at Buck Lake

The following figure shows the areas where stripping was completed and designation of the sampled areas.

Figure 4: Designation of Stripped Areas

Figure 4: Typical channel sampling at Area “F”.

Photos were obtained from each area to show the location and sample numbers of the channel samples obtained.

Figure 5: Example of Stripped Area “A” East portion with channel sample numbers G732058 - G732066

A total of 194 m2 of ground was stripped and 85 meters of channel sampling was completed. Most of the

channel-cut samples were 1.0 meters in length and averaged 5 to 6 cm in width and 10 cm in depth.

The following summary of the samples was obtained from each area.

• 13 samples Area “A” including 265 ppm Cu and 68 ppm Z

• 8 samples Area “B”

• 11 samples Area “C”

• 7 samples Area “D”

• 10 samples Area “E”

• 10 samples Area “F”

• 11 samples Area “G”

• 4 samples Area “I”

• 15 samples Area “M”

The assay results for the samples obtained are summarized below.

Mr. Jim Atkinson, P.Geo., CEO of Advance United commented, “We are very pleased with the results of the channel

sampling program undertaken at Buck Lake and would like to acknowledge the great work by our contractor, Noront

Group from Sault-Ste. Marie and our Field Staff Ian Cassidy, Wazir Khan, and Shaun Parent. The program has identified

significant copper, lead, and zinc mineralization in the massive sulphide horizons on the property and very interesting

gold and silver anomalies associated with some of the massive sulphide zones. I look forward to the results of the

recently completed drilling program which was planned to test these sulphide horizons at depth.”

AREA A

Sample Number Length Au Ag Cu Pb Zn Fe S

meters g/t ppm ppm ppm ppm % %

732058 1.00 0.005 0.2 48 3 43 10.4 2.75

732059 1.00 0.005 0.5 44 4 12 16.5 4.81

732060 0.70 0.005 < 0.2 8 3 10 3.68 1.97

732061 0.70 0.005 < 0.2 14 < 2 6 2.8 1.37

732062 1.00 0.005 1.6 265 6 68 26.2 10

732063 0.50 0.005 0.3 42 3 26 15.7 1.59

732064 1.00 0.005 0.3 33 3 22 20.4 0.87

732065 1.00 0.005 0.2 9 < 2 12 23.5 0.11

732066 1.00 0.005 < 0.2 4 5 10 20.8 0.22

732067 1.00 0.005 < 0.2 18 12 11 3.38 0.38

732068 1.00 0.006 0.5 68 12 22 11.7 0.66

732069 1.00 0.015 0.5 93 5 17 24.1 0.26

732070 1.00 0.009 0.3 51 6 55 15.7 1.99

AREA B

Sample Number Length Au Ag Cu Pb Zn Fe S

g/t ppm ppm ppm ppm % %

732050 1.00 0.011 0.3 143 14 83 5.97 3.89

732051 1.00 0.005 < 0.2 38 9 125 7.03 0.48

732052 1.00 0.005 20.5 140 7 102 7.35 1.66

732053 1.00 0.005 0.3 260 3 48 13.9 6.68

732054 1.00 0.005 < 0.2 46 5 135 8.52 0.49

732055 1.00 0.005 < 0.2 7 5 153 8.57 0.09

732056 1.00 0.005 0.2 100 6 73 8.62 1.04

732057 1.00 0.005 < 0.2 30 6 72 4.05 0.24

AREA C

Sample Number Length Au Ag Cu Pb Zn Fe S

g/t ppm ppm ppm ppm % %

732032 1.00 0.014 1.9 241 25 115 21.6 9.43

732033 1.00 0.015 1.5 207 9 89 20.3 12

732034 1.00 0.026 1 161 9 36 16 9.27

732035 1.00 0.018 0.9 117 7 79 13.1 6.97

732036 1.00 0.02 1 74 22 22 10.2 6.1

732037 1.00 0.018 0.6 72 26 66 9.21 2.04

732038 1.30 0.022 1.4 133 79 124 13.8 4.77

732046 0.90 0.021 2.9 108 72 95 20.4 15.3

732047 0.90 0.012 1.6 156 25 43 16.5 11.9

732048 1.10 0.01 13.4 10 22 34 13.6 0.38

732049 1.10 0.01 0.4 56 16 147 17 1.14

AREA D

Sample Number Length Au Ag Cu Pb Zn Fe S

g/t ppm ppm ppm ppm % %

732039 0.60 0.015 0.9 109 154 1810 8.24 2.56

732040 0.40 0.021 1.1 324 7 46 23.7 > 20.0

732041 0.70 0.021 0.8 608 12 41 14.3 7.19

732042 0.60 0.017 2 670 41 720 16 11.1

732043 1.00 0.013 2.2 103 651 127 13.2 0.52

732044 1.00 0.011 0.5 156 75 93 26.3 1.39

732045 0.40 0.009 < 0.2 90 75 72 19.8 0.52

AREA E

Sample Number Length Au Ag Cu Pb Zn Fe S

g/t ppm ppm ppm ppm % %

732001 0.65 0.005 < 0.2 12 9 17 2.85 0.65

732002 0.65 0.005 0.5 10 4 8 0.75 0.09

732003 0.80 0.005 0.9 43 35 191 6.85 4.1

732004 0.80 0.005 0.7 48 33 151 6.31 4.77

732005 0.75 0.006 1.9 363 7 71 23.7 15.7

732006 0.75 0.009 1.5 218 10 41 25.2 > 20.0

732028 1.00 0.009 2.1 312 7 61 23 10.9

732029 1.00 0.014 2.8 481 9 136 > 30.0 12.5

732030 1.00 0.015 1.6 212 13 48 21.7 12.8

732031 1.00 0.006 0.9 129 19 56 11.7 4.52

AREA F

Sample Number Length Au Ag Cu Pb Zn Fe S

g/t ppm ppm ppm ppm % %

732007 1.00 0.01 1.7 643 170 598 12.2 8.18

732008 1.00 0.008 1.7 1030 65 841 9.21 3.96

732009 1.00 0.009 1.4 1020 53 242 11.6 4.05

732010 1.00 0.023 2 724 16 157 9.84 4.87

732011 1.00 0.011 1 416 72 243 8.31 5.12

732012 1.00 0.009 1.1 369 15 65 6.08 3.17

732013 1.00 0.015 1.1 534 14 59 9.72 8.05

731014 1.00 0.01 0.7 223 7 82 11.5 8.69

732015 1.00 0.038 3.9 2270 6 122 3.35 1.01

732016 1.00 0.029 2.8 1650 10 147 3.15 0.45

AREA G

Sample Number Length Au Ag Cu Pb Zn Fe S Pb Zn

g/t ppm ppm ppm ppm % % % %

732017 1.00 0.013 28 228 175 72 18.7 12.2

732018 1.00 0.005 3.8 46 5 31 22 1.49

732019 1.00 0.007 4.7 36 7 20 16 1.32

732020 1.00 0.005 0.4 19 6 120 5.8 0.44

732021 1.00 0.007 3.4 258 242 800 23.3 11.3

732022 1.00 0.006 0.2 15 80 160 4.7 0.89

732023 1.00 0.015 45.6 367 > 5000

>

10000 28.3 14.2 0.77 4.93

732024 1.00 0.007 2.4 31 810 4040 6.79 2.11

732025 1.00 0.013 2.4 157 40 193 24.2 15.1

732026 1.00 0.01 2.5 227 59 278 17.3 6.98

732027 1.00 0.009 0.8 21 8 76 9.62 3.02

AREA M

Sample Number Length Au Ag Cu Pb Zn Fe S Cu

ppm ppm ppm ppm ppm % % %

643708 0.50 0.08 2.5 625 22 66 30.00 >10

642918 1.00 0.05 0.5 162 5 101 6.00 1.64

643919 1.00 0.05 2.5 413 16 56 30.40 >10.0

643920 1.00 0.05 0.4 101 15 86 7.13 5.11

643921 1.00 0.05 1.6 50 23 101 3.57 0.77

643922 1.00 0.05 2.7 468 10 93 26.20 >10.0

643923 1.00 0.05 1.0 423 12 46 4.03 1.51

643924 1.00 0.05 0.2 43 8 64 3.09 0.46

643925 1.00 0.06 2.8 348 10 33 33.80 >10.0

732072 1.20 0.012 0.3 403 3 18 1.17 0.22

732073 0.70 0.329 33.1 3040 5 21 5.56 0.43

732074 0.70 0.077 27.4 > 10000 4 38 5.61 1.62 1.58

732075 0.90 0.072 1.2 646 15 189 14.80 12.4

732076 0.80 0.05 1.5 660 10 57 26.00 >20

732077 0.40 0.05 2.9 465 17 140 18.50 15.3

About Advance United Holdings

Advance United brings an entirely different approach to the mining industry. We don’t mine. Rather, we’ve acquired a

portfolio of undervalued gold properties and are increasing their value through the application of modern technology.

We have a growing pipeline of similar properties that we are looking to acquire. And now we’ve launched the Au

Marketplace. A first of its kind digital platform that connects owners of mineral commodities and deposits with

developers and producers.

We are involved exclusively in the acquisition and advancement of past projects – with no intent to bring them back into

production or to mine them ourselves. Our expertise is in identifying and acquiring undervalued properties with

significant historical work, which were uneconomic at the time, but we believe have economic value at today’s prices.

We fund the development of re-working historic data and applying modern technology to underwrite new qualified