Gold’n Futures mobilizes field crew to Cree Lake Gold Project
GOLD’N FUTURES MINERAL CORP.
NEWS RELEASE
Gold’n Futures mobilizes field crew to Cree Lake Gold Project
TORONTO, ONTARIO -- (Newsfile – September 1, 2020) GOLD’N FUTURES MINERAL
CORP. (CSE: FUTR) (FSE: G6M), (the "Company”), is pleased to announce that a field crew
has been mobilized to the company’s Cree Lake Gold Project (the “Property”). The field crew
is undertaking a program of prospecting, mapping and soil sampling on the Property ; following
up on target areas identified from a high -resolution Airborne Magnetic, VLF -EM and
Radiometric survey which was flown in 2017.
As outlined in the NI 43 -101 Technical Report examining the Property’s historical data , dated
December 4, 2019 , and posted on the Company’s SEDAR profile on August 28, 2020 (the
“Technical Report”), the Cree Lake property hosts sev eral high-grade gold occurrences . The
most significant historical high-grade gold occurrences have yielded gold values ranging from
2.0 g/t to 30.10 g/t in grab samples and drill core samples as high as 2.05 g/t along a 15.5 meter
drill length (14.75 meters true width) . To the south of the Property several subparallel iron
formation horizons exist, distributed along a strike length in excess of 3 kilometres with
individual horizons up to 20 meters in width. The g rab samples disclosed a re selected
disclosures and are not necessarily indicative of the mineralization hosted on the Property.
The Property encompasses approximately 3,696 hectares, consists of 156 single cell claims, and
43-boundary cell claims situated in the Swayze Greenstone belt in Ontario . The Ridout
Deformation Zone (the “RDZ”) , a high strain zone defining a structure to be the possible
westward extension of the Cadillac- Larder Lake Break along which many of the gold mines in
Kirkland Lake, Ontario occur, passes through the P roperty. The Kirkland Lake Gold Camp has
yielded (to 2019) more than 41 million oz of gold from 36 mines. 60- kilometers east of the
Property is IAMGOLD’s Cote Lake gold deposit through which the RDZ passes. Cote Lake
hosts a total P roven and Probable Reserves of 4.7 million ounces, total Measured and Indicated
Resource (inclusive of Reserves) of 6.5 million ounces and total Inferred Resources of 1.6
million ounces. T he mineralization, resources and reserves hosted on other properties in the
Kirkland La ke Gold Camp are not necessarily indicative of mineralization hosted on the
Property.
The Property straddles the RDZ, and, coupled with the known association of some Archean gold
deposits (Musselwhite Mine (Newmont), Beardomore Gold Camp) with Banded Iron Formation,
makes the Property a compelling exploration play.
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 consultant of the Company. Mr. Hanych has verified the within data based only on his
review of the Technical Report and all sampling, analytical, and test data contained within.
About Gold’n Futures Mineral Corp.
Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M) is a Canadian based exploration
company focused on acquiring prospective precious metals properties with the objective of
making new discoveries in established gold camps in Canada.
On behalf of the Board of Directors
For further information
Theo van der Linde, Director
Phone: 604-687-2038
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.