MOU with First Nations & Receives Work Permit
789 West Pender St., Suite 810
Vancouver, BC V6C 1H2
Tel: 604-687-2038
www.goldnfuturesmineralcorp.com
NEWS RELEASE CSE: FUTR
OTC: GFTRF
November 23, 2021 FSE: G6M
GOLD’N FUTURES SIGNS MOU WITH FIRST NATIONS & RECEIVES WORK PERMIT
FOR THE HERCULES GOLD PROJECT NEAR GERALDTON, ONTARIO
VANCOUVER, BC -- (Newsfile – November 23, 2021) Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE:
G6M), (OTC: GFTRF) (the " Company” or “ Gold’n Futures ”) reports it has signed a Memorandum of
Understanding (“MOU”) with the three local Anishinaabe First Nation s respecting the Hercules Gold
Project. The First Nations that are party to the MOU are Animbiigoo Zaagi’igan Anishinaabek (“ AZA”),
Bingwi Neyaashi Anishinaabek (“ BNA”) and Biinjitiwaabik Zaaging Anishinaabek (“ BZA”). As the
Hercules project lies within their traditional territories, the First Nations are important stakeholders in
Hercules project and its exploration programs . The Company, AZA, BNA and BZA are collectively
referred to as the “Parties”.
“The discussions, emails and document exchanges betwe en the representatives of the local
Indigenous communities and Gold’n Futures have resulted in founding a new , respectful
relationship. Certainly, the evolv ing spirit of co-operation will be exceedingly beneficial to all
of the Parties. We have also star ted planning our next co -operative undertakings comprising
adoption of Environmental, Social and Governance policies for the Company and establishing
the lines of communication to ensure Gold’n Futures operations are sustainable and
environmentally responsible.”
Commented, Stephen Wilkinson, President and CEO
The MOU sets out a communication protocol between the Parties , establishes a framework for the
relationship between the Parties and charts a negotiating path for a pending Exploration Agreement. In
addition, the MOU marks the completion of the very important review and approval of Gold’n Futures’
exploration permit, allowing the Ontario Ministry of Northern Development and Mines Natural
Resources a nd Forestry , Mineral Development Branch (NDMNRF) to issue the work permit. The
immediate next step will be the commencement of negotiations towards executing the Exploration
Agreement between Gold’n Futures and the First Nation communities.
Hercules Exploration Program & Permit Update
GoldSpot Discoveries Corp. (TSXV: SPOT) (OTCQX: SPOFF) (“GoldSpot”) had its geophysical team on the
Hercules property starting on October 20 th, 2021. During the first two weeks of November, GoldSpot
completed i ts proprietary airborne geophysical survey s utilizing its Multi- Parameter Airborne Survey
System (“M-PASS”) with Triaxial Magnetic Gradiometer and Very Low Frequency Electromagnetic ( VLF-
EM) Platform. The airborne surveys covered the entire 109 square kilometres of the Hercules property,
flying approximately 1,200 line -kilometres with 100 -metre line spacing. The Company anticipates
GoldSpot will be delivering its preliminary findings of the airborne geophysical surveys in December ,
2021. In addition, GoldSpot will use its artificial intelligence algorithms to reinterpret the Hercules
property’s structural geology, resource geology, and geophysical surveys to put together the highest
priority targets for exploration and drilling and , over the coming months , present its recommendations
to Gold’n Futures.
On November 18 th 2021, the Company received its exploration permit that is effective for a period of
three years. With its permit in -hand, Gold’n Futures will commence its inaugural drill program before
the end of November 2021 with the area of interest for the drilling occupying an area measuring
approximately 2.8 km by 4.6 km , approximately 1,310 hectares (“ha”) . The area of interest is centered
upon the Hercules historical gold resources and specifically the Golden Mile gold system. The inaugural
drill program is budgeted for up to 1,500 metres (“m”) comprising ten drill holes. The objective of the
first round of drilling will be to target areas for structural and grade continuity beyond the historical
resource. The Company expects this first round of drilling to be completed before the December 2021
holidays with resumption of the continuing drill program in mid-January.
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.
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 . The Hercules 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 Project is in the heart of the Beardmore – Geraldton gold mining camp , the 4 th
largest gold camp in Canada and is 40 km west of the Hardrock -Greenstone gold mine development.
The property lies within an Archean greenstone belt that extends from the Longlac area in the east to
Lake Nipigon in the west, a di stance of about 130 kilometres and consists of 475 contiguous claim cells
(10,052 ha). From the historical work completed on the property , 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
107,000m of d rill core . With surface grab samples grading up to Grab samples up 10,374 g/t and
channel samples up to 32.96 g/t 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
On behalf of the Board of Directors
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 close on the terms as stated, or at all. The
Company disclaims any intention or obligation to revise or update such statements.