Drilling Results at Golden Brew, Nevada
NEWS RELEASE
DRILLING RESULTS AT GOLDEN BREW, NEVADA
Vancouver, British Columbia – Highway 50 Gold Corp. (TSX.V – HWY)
August 13, 2019
Highway 50 Gold Corp. (“Highway 50” or the “Company”) announces the results of 2,280 metres of RC drilling
completed in 3 holes on the Golden Brew project located in Lander County, Nevada.
Bedrock depths varied from 451 m to 577 m with the redox zone varying from 167 m to 207 m below the gravel
contact. The most encouraging result from this drilling program was the intersection (25 metres) of Carlin-type
mineralization in vertical drill hole GBR-19-10 at a depth of 700 m to 725 m. The mineralized zone assayed up to 163
ppb gold (80x background) and 475 ppm arsenic (20x background) within decalcified thin-bedded silty limestones.
Together with three previous holes, GBR-19-10 constitutes a cluster of four RC holes located at the south-east corner
of the Golden Brew horst block which exhibit weak Carlin-type mineralization over an area of 580 metres by 300
metres. The strongest levels of gold encountered to date in the horst are in GBR-19-10 at the northwest edge of the
drill hole cluster. A coincident magnetic low and gravity low is noted 600 metres to the northwest of GBR-19-10 at a
major structural intersection. This area constitutes an intriguing target for follow-up drilling.
Golden Brew Drill Hole Location Information
UTM Coordinates Elevation Orientation Total Depth
Hole Name E (m) N (m) metres azimuth inclination metres
GBR 19-10 479485 4341863 2,036 -90 762
GBR 19-11 479956 4342033 2,060 -90 762
GBR 19-12 479485 4341863 2,051 90 -60 765
Regulus Resources Inc. can earn a 50% interest in the project from Highway 50 by spending US$5,000,000 on
exploration expenditures by May 2022 and assuming the underlying third-party lease payments and claim holding
costs. Regulus has fulfilled the exploration expenditures due by May 2019 totalling US$1,250,000.
The scientific and technical disclosure in this news release has been approved by Gordon P. Leask, P. Eng., President
and CEO of Highway 50 Gold Corp. and a Qualified Person as defined by National Instrument 43-101 (Standards of
Disclosure for Mineral Projects).
For additional information please contact:
Highway 50 Gold Corp.
Gordon P. Leask, P.Eng. or John M. Leask, P.Eng.
Tel: 604-681-4462
Email: [email protected] or [email protected]
About Highway 50 Gold Corp.
Highway 50 Gold Corp. is a mineral exploration stage company led by a team of experienced explorers and deal-
makers. Highway 50 is executing an exploration plan refined over 25 years of experience in Nevada and the Aldridge
Formation of southeastern B.C. The exploration focus on its projects are a result of what management believes to be
breakthroughs in the understanding of north-central Nevada’s crustal architecture and new geological understanding
on the Monroe property in BC.
Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or
accuracy of this release.
Caution Regarding Forward-Looking Statements
Certain statements regarding Highway 50, including management's assessment of future plans and operations, may
constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown
risks and uncertainties, most of which are Highway 50’s control. Often, but not always, forward-looking statements or
information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate" or "believes" or
variations of such words and phrases or statements that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved.
Specifically, and without limitation, all statements included in this press release that address activities, events or
developments that Highway 50 expects or anticipates will or may occur in the future, including the proposed
exploration and development of the Golden Brew property, and management's assessment of future plans and
operations and statements with respect to the completion of the anticipated exploration and development programs,
may constitute forward-looking statements under applicable securities laws and necessarily involve known and
unknown risks and uncertainties, most of which are beyond Highway 50’s control. These risks may cause actual
financial and operating results, performance, levels of activity and achievements to differ materially from those
expressed in, or implied by, such forward-looking statements. Although Highway 50 believes that the expectations
represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will
prove to be correct. The forward looking statements contained in this press release are made as of the date hereof
and Highway 50 does not undertake any obligation to publicly update or revise any forward-looking statements or
information, whether as a result of new information, future events or otherwise, unless so required by applicable
securities law.