Hanstone GOLD Provides Initial Results from Bulk Sampling Program ON Doc Property IN the Golden Triangle of Northern BC
HANSTONE GOLD PROVIDES INITIAL RESULTS FROM BULK SAMPLING PROGRAM
ON DOC PROPERTY IN THE GOLDEN TRIANGLE OF NORTHERN BC
VANCOUVER, BC – January 27, 2022 – Hanstone Gold Corp . (TSXV: HANS) (FSE: HGO) ("Hanstone"
or the " Company"), is pleased to provide an update on the results from its bulk sampling program
conducted in 2021 on its DO C P roperty, located in northern British Columbia’s prolific Golden Triangle
Mineral District. The Golden Triangle hosts three of Canada’s most significant mineral deposits that
include Skeena Resources’ Eskay Creek gold & silver deposit, Newmont and Teck Resources’ significant
copper-gold-silver Galore Creek Project and Pretium Resources Brucejack gold mine.
Two 1 -ton bulk samples were taken from the Doc Property’s Q19 vein, and from the newly discovered
TRJC vein. Samples from each vein were crushed and milled to -150 mesh size fraction, with 5 samples
retrieved from each bulk sample for analysi s. Each sample was analyzed using the metallic screen fire
assay at TSL Laboratories and ICP1 Total 4 acid digestion method at SRC Geo analytical Laboratories in
Saskatoon, SK.
Highlighted Results from the analysis are as follows:
Q19 vein system bulks sample averaged 19.35 g/t Au, 127.00 g/t Ag, and 465.40 ppm Cu.
TRJC vein system bulk sample averaged 5.73 g/t Au, 89.18 g/t Ag, and 43,580 ppm Pb.
Ray Marks, President & CEO commented: “The reported high grades and consistency of the bulk sample
results are very encouraging – The newly discovered TRJC vein gives confidence that there is a high
probability of discovering deep mineralized structures yet to be explored on both the Doc and Snip North
Properties”.
Results from all samples analyzed from each bulk samples are listed in Table 1 below.
Table 1: Bulk sampling results (2021)
Bulk Sample
Vein ID Sample #
Average
Grade
Au (g/t)
Au
Total
(g/t)
Average
Grade
Ag (g/t)
Ag
total
(g/t)
Average
Grade
Cu
(ppm)
Cu total
(ppm)
Average
Grade
Pb
(ppm)
Pb total
(ppm)
TRJC 872928
5.7
76.4
93
32600
TRJC 872929
5.9
90
93
36800
TRJC 872930
5.48
83
111
35200
TRJC 872932
4.87
100
90
57900
TRJC 872938
6.7
96.5
99
55400
Q19 872933
17.74
114
431
2010
Q19 872934
19.27
128
468
2240
Q19 872935
19.71
131
489
2260
Q19 872937
21.66
130
471
2230
Q19 872939
18.4
132
468
2070
TRJC average
5.73
89.18
97.20
43,580
Q19 average
19.35
127.00
465.40
2,162
NOTES:
The TRJC vein is generally oriented North-South, while the Q19 vein is generally oriented East-West.
Both TRJC & Q19 vein widths are approximately 2m wide on average, including alteration.
Current plans are to expand the exposure of the veins along strike and at depth in the 2022 field
season.
Assay results from the last three and a half diamond drill holes remain outstanding from the 2021 drill
program. Assay labs have advised management to expect results in the near future.
Figure 1: Bulk Sample Locations from the TRJC & Doc Vein Systems
Quality Assurance, Quality Control & Technical Disclosure
The 2021 drilling and exploration was conducted under the supervision of Tyler Fiolleau, P.Geo. and Craig
Cubbon, G.I.T., both of Axiom Exploration Group Ltd. Sample analyses we re conducted by TSL
Laboratories Inc. in Saskatoon, Saskatchewan.
The technical information in this news release has been reviewed and approved by Doug Engdahl, P.Geo.
(CEO, Axiom), and Matthew Schwab, P.Geo. (Senior Vice President, Axiom), each of whom i s a “Qualified
Person” for the Company as defined under National Instrument 43 -101 - Standards of Disclosure for
Mineral Projects ("NI 43-101").
About Hanstone Gold
Hanstone is a precious and base metals explorer with its current focus on the Doc and Snip North Projects
optimally located in the heart of the prolific mineralized area of British Columbia known as the Golden
Triangle. The Golden Triangle is an area whic h hosts numerous producing and past -producing mines and
several large deposits that are approaching potential development. The Company holds a 100% earn in
option in the 1,704-hectare Doc Project and owns a 100% interest in the 3,336 -hectare Snip North Project.
Hanstone has a highly experienced team of industry professionals with a successful track record in the
discovery of gold deposits and in developing mineral exploration projects through discovery to production.
Ray Marks, President and Chief Executive Officer
For Further Information Contact:
Carrie Howes, Director of Communications, +1-(778)-551-8488, [email protected]
Or visit the Company’s website at www.hanstonegold.com
Cautionary Statement Regarding Forward Looking Information:
The information contained herein contains “forward -looking statements” within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and “forward -looking information” within the
meaning of applicable Canadian securities legislation. “Forward -looking information” includes, but is not
limited to, statements with respect to the activities, events, or developme nts that the Company expects or
anticipates will or may occur in the future. Generally, but not always, forward -looking information and
statements can be identified using words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or
variations of such words and phrases or state that certain actions, events, or results “may”, “could”,
“would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.
Forward-looking information and statements are based on the then current expectations, beliefs,
assumptions, estimates and forecasts about Hanstone’s business and the industry and markets in which it
operates and will operate. Forward -looking information and statements are made based upon numerous
assumptions, including among others, the results of planned exploration activities are as anticipated, the
price of gold, the cost of planned exploration activities, that fin ancing will be available if needed and on
reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals
required to conduct Hanstone’s planned exploration activities will be available on reasonable terms and in
a timely manner and that general business and economic conditions will not change in a material adverse
manner.
Although the assumptions made by the Company in providing forward -looking information or making
forward-looking statements are considered reason able by management at the time, there can be no
assurance that such assumptions will prove to be accurate.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.