Gold’N Futures Intersects Signficant GOLD Mineralization IN the Golden MILE Zone IN First Four Drill Holes at Its Hercules Property IN Northern Ontario
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NEWS RELEASE CSE: FUTR
OTC: GFTRF
January 24, 2022 FSE: G6M
GOLD’N FUTURES INTERSECTS SIGNFICANT GOLD
MINERALIZATION IN THE GOLDEN MILE ZONE IN FIRST FOUR DRILL
HOLES AT ITS HERCULES PROPERTY IN NORTHERN ONTARIO
VANCOUVER, BC – January 24, 2022, Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M), (OTC: GFTRF)
(the "Company” or “Gold’n Futures”) is pleased to report on its inaugural diamond drill program on the
Hercules Gold Project in the Beardmore -Geraldton gold camp of north western Ontario (the “Hercules
Project”). The first four holes intersected significant gold values ranging from 1.33 g/t in hole HR21-04 to
5.66 g/t in hole HR21-03 (the “Hercules Drill Program”).
Highlights of the Hercules Drill Program to Date
• All four drill holes intersected the Golden Mile zone (‘GMZ”).
• Higher grade gold intersections from drill hole HR21-03 includes, from 34.0 metres (“m”) to 35.1
m, 1.01 m drill width of 5.01 grams per tonne ( “g/t”), and from 35.1 m to 36.0 m, 0.95 m drill
width of 4.42 g/t.
• Assays revealed broad zones of low grade (11.6 m averaging 0.71 g/t ) in HR21-02 and higher-
grade veins (2.0 m averaging 5.01 g/t gold} in HR21-03.
• Mineralization occurs in composite zones of one or mor e quartz veins with attendant sulphide -
mineralization spatially associated with magnetic mafic rocks over core intervals of more than
11.0 m.
“These four holes drilled just before the Christmas break yielded significant gold mineralization
from the GMZ. I ntersections in the GMZ display a robust vein syste m and it is extremely
encouraging that all four holes intercepted gold mineralization. Based on this early success
resulting from a foundation of extensive data compilation and a science-based approach to its
exploration of the Hercules Pro ject, we believe that our integration of the new and historical
geological, structural, geophysical and geochemical information will result in the expansion of
the high-grade gold zones at the Hercules Project.”
Commented, Stephen Wilkinson, President and CEO
Prior to the December break, four drill holes, HR21– 01 to – 04, were completed for approximately 545 m
of core. A total of 108 samples were submitted in December 2021 to ActLabs in Geraldton, Ontario.
Drilling resumed on January 9th with HR22 – 05 completed to 201m and HR22 – 06 cored to 201m.
January 24, 2022 Gold’n Futures Mineral Corp.
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Figure 1. Plan of the Hercules Gold Project – Golden Mile gold zone showing the positions of Gold’n
Futures’ drill holes.
DDH From
(m)
To
(m)
Width
(m)
Gold
Au (ppm)
HR21-01 75.0 80.0 5.00 0.43
84.5 87.5 3.05 1.50
Including 84.5 86.5 2.05 2.31
HR21-02 142.0 153.6 11.60 0.71
Including 144.3 146.0 1.75 3.10
Including 145.0 146.0 1.00 3.89
HR21-03 33.0 36.7 3.74 2.75
Including 34.0 36.0 1.95 5.01
With 34.0 35.1 1.01 5.56
And 35.1 36.0 0.95 4.42
39.2 44.0 4.84 0.36
HR21-04 78.0 84.7 6.67 0.63
Including 83.0 84.7 1.67 1.33
Table 1. Summary of the drilling completed to date includes depth of and core length
of mineralization intersected, end of hole depth and interval analyses.
January 24, 2022 Gold’n Futures Mineral Corp.
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Drill Hole
Golden Mile Zone
(“GMZ”)
From – To (m)
Width (1)
(m)
End of Hole
(m) Comments
HR21- 01 84.2 to 86.4 2.20 132 Grey-white quartz vein (“QV”) with
up to 2% pyrite
HR21- 02 144.25 to 147.2 2.95 201 Smoky grey QV with up to 5%
pyrite in clots and laminations
HR21- 03 34.07 to 41.0 6.93 66 GMZ includes 2 QVs separated by a
magnetic mafic unit w ith quartz
stringers and pyrite
HR21- 04 73.2 to 84.66 11.46 126 GMZ is mix of magnetic mafic unit
with QV’s and pyritic stringers
Table 2. Summary of the drilling completed to date includes depth of and core length
of mineralization intersected, end of hole depth and a synopsis of the
mineralized interval.
Next Steps
The Company intends to continue to delineate the gold mineralization of t he Hercules Project with its
diamond drill program. This phase of the drill campaign is intended to finish with 10 holes drilled by early
February. Assays will be reported as soon as available.
A report on the airborne geophysical survey conducted by GoldSpot Discoveries Corp. (TSXV: SPOT)
(OTCQX: SPOFF) is expected to be received by the end of the month. The Company will be designing its
next stages for the exploration of the Hercu les Project based upon targets defined by the geophysical
surveys integrated with the drill results and compilation of the extensive historical data.
Qualified Person
The scientific and technical content of this press release has been prepared, reviewed a nd approved by
Mr. Walter Hanych, P. Geo., who is a Qualified Person under NI 43-101 regulations and is a director of the
Company.
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 Project. The Hercules Project is located 200 kilometres
northeast of Thunder Bay, Ont., in the townships of Elmh irst and Rickaby, within the Thunder Bay North
Mining District. The Hercules Project is in the heart of the Beardmore – Geraldton gold mining camp, the
4th largest gold camp in Canada and is 40 km west of the Hardrock -Greenstone gold mine development.
The Hercules Project 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 and consists of 475 contiguous claim cells
(10,052 ha ). From the historical work completed on the Hercules Project, the Company has built an
extensive database including reconnaissance grab samples; channel samples; a variety of geophysical
surveys; and a drill hole database that includes historical drilling totalling in the order of 537 holes with
more than 107,000 m of drill core . With surface grab samples grading up 10,374 g/t gold and channel
January 24, 2022 Gold’n Futures Mineral Corp.
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samples up to 32.96 g/t gold across 11.6 m, the Hercules gold zones offer top tier targets for the expansion
of its historical resources.
For more information, please visit our website at: www.goldnfuturesmineralcorp.com
For further information
Stephen Wilkinson,
President and CEO
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 cl ose on the terms as stated, or at all. The
Company disclaims any intention or obligation to revise or update such statements.