Clarity Gold Provides Corporate Update
CW17423387.2
Vancouver, B.C. (CSE: CLAR, OTC: CLGCF, FSE: 27G)
CLARITY GOLD PROVIDES CORPORA TE UPDA TE
Vancouver, BC – January 13, 2022 , Clarity Gold Corp. (“ Clarity” or the “ Company”) (CSE: CLAR, OTC:
CLGCF, FSE: 27G) is pleased to provide a corporate update as the Company continues to advance i ts
project portfolio.
Corporate and Operational Highlights
• Portfolio of three wholly owned BC exploration projects.
• Healthy treasury of approximately $2.7 million.
• Results pending from 2021 Program on Empirical Copper Gold Project.
• Exploration planning to commence for 2022 season
“The Company is in a strong financial position and is awaiting results from the Empirical 2021 exploration
program,” stated CEO, James Rogers. “Our team remains focused on delivering shareholder value through
exploration of its wholly owned project s and continues to evaluate other opportunities where we can
deploy our exploration strategy.”
Empirical Project Exploration Program
The 2021 Empirical property field program carried out in September was designed to investigate a number
of mineralized showings occurring throughout the southeastern extent of the property,
Historical blast a nd hand trenches at the Rickhill showing – where previously, six samples yielded an
average of 0.95 percent copper over 12.9 meters (Skerl, 1959), were extensively mapped, chip and
channel sampled. A 131 -sample soil grid - in close vicinity to the Rickhill showing was completed, in
addition to a cumulative 63 meters of trench - chip sampling and 4 meters of channel sampling at the
showing itself.
Across the adjacent Mud and Cherry copper showings, 153 soil samples were obtained, in addition to 52
meters of historic blast trench chip sampling.
A mapping and talus sampling campaign was undertaken in the southwestern and central portions of the
property, within the Molybdenite Lake cirque and Tow regions, where historically, geological mapping has
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been defici ent and prospective gold and molybdenite showings occur. Approximately 98 rock grab
samples were obtained throughout the property, in addition to 63 talus fines samples acquired from the
aforementioned Molybdenite Lake and Tow regions of the property.
Analytical results from samples collected during the program are still pending at Bureau Veritas and will
be released when they are received and compiled.
About the Empirical Project
The Company’s gold-copper-molybdenum porphyry project, the Empirical Project, is located 12 km south
of Lillooet, British Columbia, and covers 10,518 ha. The Empirical Project is situated in the Cordilleran
Continental Arc which hosts 26 significant porphyry deposits, including Imperial Metal Corporation’s
historic Huckleberry Mine and Noranda’s historic Babine Porphyry camp.
Between 1981 – 1986, six out of fifteen diamond drill holes intersected gold mineralization, including hole
DD81-4 which assayed 3.67 g/t gold over 21 m from 36m. Previous exploration focused on molybdenite
without an understanding or aim of targeting a larger porphyry syste m. For more information on the
Empirical Project, please see the Company’s National Instrument 43 -101 - Standards of Disclosure for
Mineral Projects (“NI 43-101”) Technical Report on the Empirical Project filed on SEDAR on March 24,
2020.
There are multiple copper showings in the Southeast portion of the project, including the Rickhill Showing
where six surface rock samples collected in 1959 averaged 0.95% copper over 12.9 meters (Minfile
092INW022). Elevated copper in soil samples indicate that this zone o f copper mineralization may be
extended up to a total of 30 m (Skerl, 1959). In 1970, 538 soils were collected with copper intensities
ranging between 6 ppm to 212 ppm (Assessment report 02530).
Historic work in the Southwest identified two molybdenum showings namely, the Molybdenite Lake and
Fyp showings where historic samples taken from quartz veins have assayed up to 0.32% molybdenum and
0.35 g/t gold (Nelson, J. (1985 -10-01): B.C. Gold Reconnaissance 1985 - Lillooet Project - Final Report;
Assessment Report 30875; Minfile 092ISW109, 092ISW110). Previous work has focused on the area’s
molybdenum potential, with minimal exploration for gold and only coincidental evaluation of the copper
potential.
The QP (as defined below) has not verified the results of the historic exploration and sampling on the new
claims added to the Empirical Project’s property package, additional sampling will be required to verify
the data.
Qualified Person
Mr. Rory Kutluoglu P. Geo., a member of the advisory board and a consultant of the Company, is the
Qualified Person (“QP”) under NI 43-101 for the technical information in this news release and has verified
the data disclosed for the Destiny and Empirical Projects and approves the technical contents contained
in this news release.
About Clarity
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Clarity Gold Corp. is a Canadian mineral exploration company focused on the acquisition, exploration and
development of gold projects in Canada. The Company is based in Vancouver, British Columbia, and is
listed on the CSE under the symbol “CLAR”. To learn more about Clarity Gold Corp. and its projects please
visit www.claritygoldcorp.com.
ON BEHALF OF THE BOARD
“James Rogers”
Chief Executive Officer
Tel: 1 (833) 387-7436
Email: [email protected]
Website: claritygoldcorp.com
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release contains forward-looking statements. All statements, other than statements of historical fact that
address activities, events or developments that the Company believes, expects or anticipates will or may occur in the
future are forward -looking statements. Forward -looking statements in this news release include statements
regarding: that the Company continues to advance its project portfolio ; that the work at the Empirical Project is
ongoing and the Company will provide further updates as t he program is completed and analytical results from
samples collected during the program are received; and other business plans of the Company.
The forward-looking statements reflect management’s current expectations based on information currently available
and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those
discussed in the forward -looking statements including: that the drilling may not go as planned or start when
expected; that the Company may experience difficulties in drilling and carrying out related work; changing costs for
mining and processing; increased capital costs; the timing and content of upcoming work programs; geological
interpretations based on drilling that may change with m ore detailed information; the risk that the Company may
lose access to any of its properties ; the risks that the Company may not find any minerals in commercially feasible
quantities; that the Company may not raise enough money to fund its exploration plans; uncertainty of development
plans and cost estimates; commodity price fluctuations; political or economic instability and regulatory changes;
currency fluctuations; the state of the capital markets; uncertainty in the measurement of mineral reserves and
resource estimates; the Company’s ability to attract and retain qualified personnel and management; potential
labour unrest; uncertainty as to reclamation and closure requirements for its mineral properties; unpredictable risks
and hazards related to the exploration and development and operation of a mine or mineral property that are beyond
the Company’s control; and other risks and uncertainties identified under the heading “Risk Factors” in the Company’s
continuous disclosure documents filed on SEDAR. Although the Company believes that the assumptions inherent in
the forward -looking statements are reasonable, forward -looking statements are not guarantees of future
performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty.
Factors that could cause actual results or events to differ materially from current expectations include general market
conditions and other factors beyond the control of the Company. The Company expressly disclaims any intention or
obligation to update or revise any forward-looking statements whether as a result of new information, future events
or otherwise, except as required by applicable law.
Neither the Canadian Securities Exchange (operated by CNSX Markets Inc.) nor its Regulation Services Provider have
reviewed or accept responsibility for the accuracy or adequacy of this release.