Gold Finder Commences Fieldwork at Pipestone Bay Property in Ontario’s Red Lake Gold District
FOR IMMEDIATE RELEASE
Gold Finder Commences Fieldwork at Pipestone Bay Property in
Ontario’s Red Lake Gold District
VANCOUVER, BC – June 19, 2025 – Gold Finder Resources Ltd. (TSX-V: GLD) (OTCQB:
GLDFF) (“Gold Finder” or the “Company”) is pleased to announce that fieldwork is underway
at its 100%-owned Pipestone Bay property (the “Property”) located approximately 32 kilometres
west of the town of Red Lake (see area claim map).
Emerald Geological Services conducted a review of all historical exploration on the Property to
determine areas where untested targets warrant further exploration.
Significant historical work has been conducted in two areas of the Property: the 991 Zone (also
known as the NW Pipestone Bay Occurrence) in the eastern part of the Property, and the western
part of the Property where there are two known gold occurrences (McIntosh Lake Iron Formation
and Stupak-Dynes Group Occurrences). Figure 1 shows gold occurrences on the Property on a
background of property geology (OGS Map 4594).
The 991 Zone
Previous work has shown that there are at least two styles of gold mineralization at the 991 Zone:
1) High-grade (up to 44.9 g/t Au) hosted in roughly N-S striking quartz veins (Figure 2).
2) Low-grade (in the low 100s of ppb) hosted in altered felsic volcanics which strike roughly east-
west and dip north, with a copper association (including 0.23% Cu over 5.5 meters in drilling).
To date, only the low-grade gold mineralization has been tested by north-south drilling, which
would not have adequately tested the north -south high-grade veins. The mineralized felsic unit
hosting the veins remains open to the west -northwest and east-southeast beneath the lake, and IP
suggests that mineralization may continue in either direction.
There is also potential for nickel and chromium mineralization in the ultramafic unit to the north,
as indicated by 2019 grab samples which returned 0.21% Ni and 0.21% Cr.
Pipestone West Area
This area hosts both gold and copper mineralization. Anomalous gold (up to 730 ppb) has been
discovered in banded iron formation, altered mafic volcanics, and quartz veins, with copper grades
up to 3.25% also obtained in altered mafic volcanics.
The 2020 airborne magnetic survey suggests that the banded iron formations are strongly folded,
with the most prospective area to date being the southwest limb of the fold close to a
mafic/intermediate volcanic–felsic volcanic contact (Figure 3). Folded banded iron formations are
excellent targets for gold exploration, as they represent structural and chemical traps for gold -
bearing fluids.
The mafic-felsic volcanic contact may also be an important conduit for gold -bearing fluids. From
past records, anomalous gold mineralization has been obtained over a trend of approximately 1
kilometre near this contact.
“The Pipestone Bay property shares many features common to gold deposits in the Red Lake
Greenstone Belt, including silicification, sericite, biotite , and chlorite alteration, visible gold in
quartz veins, D2 folding and crustal-scale structures,” said Greg Lytle , President of Gold Finder.
“The 2025 fieldwork will consist of prospecting and preliminary mapping of the Pipestone West
Area, focusing on geological contact zones and folded iron formation.”
Coleman Robertson, P. Geo, a qualified person as defined in NI 43-101, has reviewed and approved
the technical contents of this news release on behalf of the Company.
About Gold Finder Resources Ltd.
Gold Finder is a mineral exploration company focused on discovery -stage properties. Our goal is
to add value by defining or redefining the exploration opportunity, maintain ownership control
during the value creation phase of discovery, and then source a well -financed partner capable of
accelerating discovery, resource definition, and development.
For more information, you can visit our website at goldfinderresources.com, download our investor
presentation, and follow us on X at https://x.com/GoldFinderRes.
ON BEHALF OF THE BOARD
Signed “Gregory Lytle”
Gregory Lytle, President
Gold Finder Resources Ltd.
Direct line: (604) 839-6946
Email: [email protected]
179 - 2945 Jacklin Road, Suite 416
Victoria, BC, V9B 6J9
Forward-Looking Statements
This news release may contain “forward -looking statements” that involve known and unknown risks, uncertainties,
assumptions, and other factors that may cause the actual results, performance, or achievements of the Company to be
materially different from any future results, performance or achievements expressed or implied by the forward-looking
statements. Any forward -looking statement speaks only as of the date of this news release and, except as may be
required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events, or results or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.