Kiplin Metals Completes Work Program at Exxeter GOLD Project
NEWS RELEASE
KIPLIN METALS COMPLETES WORK PROGRAM AT EXXETER GOLD PROJECT
October 18th, 2021 – Vancouver, British Columbia – Kiplin Metals Inc. (the “Company”) (TSXV:KIP,
Frankfurt: 17G1) is pleased to announce the completion of phase one exploration at the Company’s
wholly owned Exxeter Gold Project, located in Val D’Or, Quebec. A total of 249 soil samples were taken at
the C-Horizon with Shaw drills. The samples were taken in the southeas tern extent of the claims, at the
T1 Target Zone, where previous soil sampling produced encouraging gold values and multiple IP anomalies
have been identified. The T1 target is associated with the east -west trending Cadillac fault, which is the
primary control of gold mineralization in the Val D’Or mining camp. In addition, a new rock outcrop was
discovered, in the T1 Target Zone, and is interpreted to be along strike with previously
identified IP anomalies, but outside the historic IP survey area. Rock in the outcrop was weakly veined but
highly silicified with traces of pyrite and appears to be in a contact zone between metasediments and
metavolcanics with high strain. Ten chip samples were collected across the outcrop. All samples were
delivered to ALS labs in Val-d’Or, Quebec and results are expected in the near term.
The Company is very pleased with the production of the work program. Results from this program will be
integrated into the project database with the intention of defining diamond drilling targets.
Peter Born P.Geo., is the designated Qualified Person as defined by National Instrument 43 -101 and is
responsible for, and has approved, the technical information contained in this release.
About Kiplin Metals
Kiplin Metals is an early -stage exploration and development mining company. The Company’s
management understands that the greatest value creation for shareholders is through the discovery, and
development of mineral resources, therefore the company focuses on project that can provide such
impact. Kiplin Metals has the rights to two highly perspective minerals exploration assets in Canada , a
region in the world k nown for its resources, collaborative regulatory structure and stable economic and
political environment.
The Exxeter Gold Project covers an area of 715ha located in Val d’Or Quebec, one of the premier gold
camps in the world which produced over 113.4M o z Au by the end of 2019. The project covers 3.8km of
the Cadillac Tectonic zone, which is the principal geologic structure responsible for cold mineralization in
the Val d’Or.
The Lac Rochester Copper Project is located on the eastern border of the Val d’O r mining camp, 50km
southeast of the city of Val D’Or, and 14km south of the Company’s flagship property, the Exxeter Gold
Project. Past exploration of the Lac Rochester Copper Project has identified multiple high copper and iron
values, concurrent with a large, northeast trending magnetic anomaly.
For further information, contact the Company at 604-622-1199.
On behalf of the Board of Directors,
“Peter Born”
Director
Neither the 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.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other
than s tatements of historical fact, are to be considered forward looking. Although the Company believes the expectations
expressed in such forward -looking statements are based on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ materially from those in forward -looking statements. There
can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation
of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the
applicable laws.