Kestrel Gold – Samples up to 2.051 g/t Au at King Solomon’s Dome, Follow- up Drilling Planned
NEWS RELEASE
Kestrel Gold – Samples up to 2.051 g/t Au at King Solomon’s Dome, Follow-
up Drilling Planned
Calgary, AB, September 19th, 2023: Kestrel Gold Inc. (“Kestrel” or the “Corporation”, TSX-
V: KGC) is pleased to announce preliminary results from the 2023 prospecting program on it’s 100%
owned King Solomon Dome property (“KSD“). The property is located in the Yukon portion of the
Tintina Gold Belt, 35 minutes by road south of Dawson City , within the famous Klondike placer
gold district. Creeks draining KSD have produced significant amounts of placer gold and Kestrel
is evaluating the property’s potential to host economic bedrock sources for this gold.
The target at KSD is a n orogenic-style north-south trending quartz vein system located over an
approximate 1.0 kilometre east-west by 2.2 kilometre north-south area. The 2023 program focused
on the Dominion Creek drainage basin which drains the southern portion of the property. Prospecting
of new road cuts and active placer pits in this area identified numerous areas of sheared, quartz
veined, pyritic and carbonate altered bedrock or rubblecrop, sampling of which returned values
ranging from <0.005 to 2.051 g/t Au. Gold recovered by the placer mining in this area is very angular,
rough, and ragged and is often found attached to quartz or weathered pyrite cubes. Permits are in
place and a reverse circulation drill program is currently planned to start shortly.
Rob Solinger, President and CEO of Kestrel, states: “Our 2023 prospecting program focused on brand
new exposures located within placer mining pits and road cuts and encountered numerous areas of
quartz veined, altered, and sheared bedrock. The gold being produced by the placer miner is very
angular, rough, and ragged and is often found attached to quartz or weathered pyrite cubes, which
we feel indicates that a source or sources is located nearby. The drill program, which is to start shortly,
will test several altered and mineralized areas identified by our field crew.”
Sample preparation was completed by Bureau Veritas Minerals at their Whitehorse, Yukon facility
with analyses completed at their Vancouver, British Columbia facility. Rock sample preparation
was by method PRP70-250 (Crush 1 kg to ≥70% passing 2mm - Pulverize 250 g ≥85% 75μm).
All samples were analyzed using methods FA430 (30 -gram fire assay and AAS finis h) for gold
and AQ300 (0.5g - 34 element ICP ES) for multi-element analyses. Bureau Veritas (Vancouver)
is an independent, international ISO/IEC 17025:2005 accredited laboratory.
Qualified Person
Derek Torgerson P.Geo., a Qualified Person as defined by National Instrument 43 -101, has
reviewed and approved the technical information contained in this news release.
About Kestrel Gold
Kestrel Gold Inc. is an exploration company headquartered in western Canada and focused on
the Canadian Cordillera. We are earning 100% interests in the QCM Property which is an orogenic
gold target located in the Manson -Germanson placer district and the Fireweed Property, an
advanced stage silver rich polymetallic epithermal target. Kestrel also owns a 100% interest in
the KSD Property which is an orogenic gold target located in the Yukon portion of the Tintina Gold
Belt. Kestrel is listed on the TSX Venture exchange under the symbol KGC. Readers are
encouraged to refer to the Corporation’s website “www.kestrelgold.com” for further information.
Forward-Looking Statements
The information and statements in this news release contain certain forward -looking information. This
forward-looking information relates to future events or the Corporation’s future performance including
exploration activity that could take place on the Corporation’s properties or projects. This forward -looking
information is subject to certain risks and uncertainties and may be based on assumptions that could cause
actual results to differ materially from those anticipated or imp lied in the forward -looking information. The
Corporation’s forward-looking information is expressly qualified in its entirety by this cautionary statement.
Except as required by law, the Corporation undertakes no obligation to publicly update or revise an y
forward-looking information.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (as that
term is defined in the policies of the TSX Venture Exchange) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.
For further information contact:
Rob Solinger, President, and CEO
Office: (403) 816-2141
Email: [email protected]