Standard & Poor’s Listed
12g3-2(b): 82-4000
Standard & Poor’s Listed
TSX Venture Exchange: GLB
OTC: GLBKF
July 21, 2023
KLONDIKE EXPLORATION DATA SHARING AGREEMENT
Goldbank Mining Corporation (“Goldbank”)(TSX.V-GLB) is pleased to announce it has agreed to
enter into an E xploration Data Sharing Agreement with Mr. Anthony Beruschi providing for the
comprehensive exchange of exploration data and results on more than 3, 433 hard rock (quartz)
mineral claims located in the prolific placer gold producing Klondike Goldfields in the Yukon
Territory, Canada. Goldbank and Mr. Beruschi each hold a large number of quartz (hard rock)
mineral claims in the Klondike Goldfields.
Goldbank’s Leota Gold Project is comprised of 1,049 quartz (hard rock) mineral claims (totalling
approximately 210 square kilometres (21,000 Ha)) located within 50 kilometers of Dawson City with
excellent access by paved highway and existing roads servicing the robust placer mining in the
Klondike Goldfields. The Leota Gold Project overlies the principle eastern ridges and tributaries of
Hunker Creek, a famous placer-gold producing watershed in the Klondike Goldfields. Documented
placer gold production from Hunker Creek is in excess of 4 million ounces of gold. The hardrock
source of the Hunker Creek placer gold, and the substantial hard rock source of placer gold mined to
date from the Klondike Goldfields and currently being placer mined from the rest of the Klondike
Goldfields has not yet been discovered.
Mr. Beruschi’s private companies directly and indirectly own 2,384 quartz (hard rock) mineral claims
totalling approximately 480 square kilometres ( 48,000 Ha) located both immediately adjacent to
Goldbank’s Leota Project and throughout the Klondike Goldfields primarily in four propert y
groupings.
The 2023 exploration season has commenced with ongoing testing of anomalies by mechanical
trenching, continuing geological mapping utilizing previous and new results to identify drill targets
and with plans to conduct Drone LiDAR and geophysical surveys over prospective areas on the
property areas. Past, present and future exploration results will be confidentially shared between the
parties.
Jim Boyce, President of Goldbank said “ Our Exploration Data Sharing Agreement is an important
step forward providing valuable information and insights as we explore and develop, focusing on our
high priority gold targets in t he Klondike Goldfields .” “We are very excited to bring together our
years of knowledge and data to pin -point the most significant targets as we work to find the hard
rock sources of the Klondike’s placer gold production.”
Mr. Beruschi holds, directly and indirectly, 35.84% of the issued and outstanding common shares of
Goldbank on a non-diluted basis and is a “control person” of Goldbank. Mr. Beruschi is also a control
person of Goldbank insider Blizzard Finance Corp. which owns 15.48% of the issued and
outstanding common shares of Goldbank on a non-diluted basis. Mr. Beruschi has joined Goldbank
as Vice President, Business Affairs. Goldbank has granted 6,996,000 options exercisable at $0.07
per share for a period of ten years. The options are granted pursuant to the Company's stock option
plan and are subject to applicable regulatory hold periods.
Goldbank’s Leota Gold Project is subject to a 3% NSR. Goldbank is focused on exploration and
development of its Leota Gold Project in the Klondike Goldfields and accordingly t he Exploration
GOLDBANK MINING CORPORATION
July 21, 2023
Page 2 of 2
Data Sharing Agreement continues and affirms Mr. Beruschi’s rights to acquire additional mineral
claims in the Klondike and Yukon Territory generally.
The technical content of this news release was reviewed and approved by Bohumil (Boris) Molak,
PhD., P.Geo (BC), a qualified person under National Instrument 43-101.
For further information please e-mail [email protected] or [email protected].
GOLDBANK MINING CORPORATION
PER: “James Boyce” Suite 702 – 889 West Pender Street
Vancouver, BC CANADA V6C 3B2
JAMES BOYCE Telephone: 604.683.3288
President & CEO Toll Free: 1.888.880.2288 Email: [email protected]
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release .
Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no
right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this typ e in
documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of
mineral deposits on our properties. This news release may contain forward -looking statements including but not limited to
comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward -looking statements address future events and conditions and therefore
involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.