Warrior Gold Commences Drill Program at Goodfish-Kirana Property, Kirkland Lake
TSX-V:WAR
WARRIOR GOLD INC.
25 Adelaide Street East, Suite 1400, Toronto, Ontario, M5C 3A1 | warriorgoldinc.com | +1 647 344-3433
Warrior Gold Commences Drill Program at
Goodfish-Kirana Property, Kirkland Lake
Toronto, Ontario – October 1 5, 2021 – Warrior Gold Inc. (TSX -V - WAR) (“Warrior Gold” or the
“Company”) is pleased to announce that the Fall 2021 diamond drill program comprising approximately
3,000 metres (planned 10 holes) has commenced on the Company’s 100%-owned Goodfish-Kirana
Property. The drill program has been designed to test for deeper downdip mineralization and along-strike-
extension (east and west) targets at the A Zone. As well, drilling is planned to explore a newly identified
structural/geophysics-indicated target 650 metres northeast of the A Zone.
Danièle Spethmann, President & CEO, stated, “We are really excited to get our fall drill program under way
as a follow -up program to our successful W inter 2021 drill campaign which intersected anomalous and
high-grade gold in all 12 drill holes of the program (3,066 m), The last program confirmed mineralization at
the A Zone to 650 metres along strike, and it remains open at depth. The Warrior Gold team has advanced
the geological model identif ying additional areas with potential to expand the known mineralization , east,
west and at depth. This program will explore for the down plunge extens ion of the gold mineralization and
will also test another newly identified target located 650 metres to the north-east of the A Zone. With the
closing of the recent private placement in September, we are well-funded to complete the drill program at
the A Zone on the Goodfish-Kirana Property and explore our newly acquired KLC Property, with a high-
resolution airborne magnetics and VLF survey.”
High-Resolution Airborne Magnetic Survey
The Company is planning to complete a 780 line- kilometre triaxial magnetic and VLF survey across the
KLC project area. The survey will be completed by GoldSpot Discoveries Corp.’s (“GoldSpot”) new Applied
Geophysical Services division. This high-resolution survey is scheduled to commence mid-November over
the newly acquired KLC ground. Subject to weather conditions, GoldSpot may utilize their newly developed
M-PASS system to co-collect LiDAR and orthophotos in addition to the magnetic and VLF datasets.
Corporate Update
The Company is pleased to also announce that it will be participating virtually at the Swiss Mining Institute
digitally hosted conference November 2 to 4, 2021 . Th is investment conference provides independent
perspectives from professionals within the Resources Sector , along with presentations from 80 selected
mining companies. Participation includes an audience of over 400 selected Asset Managers, Fund
Managers, and other Professional Investors from all over the world.
The technical information contained in this news release has been approved by Susan Lomas , P.Geo,
Principal Technical Advisor and Qualified Person as defined in National Instrument 43- 101, Standards of
Disclosure for Mineral Projects.
About Warrior Gold Inc.
Warrior Gold is a TSX Venture Exchange-listed company that has consolidated significant and prospective
land packages in the Kirkland Lake gold camp in Ontario, Canada. The properties are hosted in the Abitibi
Greenstone Belt, one of the world’s best-endowed greenstone belts with +200 million ounces of gold
produced to date1. The properties are host to regional and property scale mineralized structures that are
1 https://mmsd.nrcan-rncan.gc.ca/PDF/MIS2020TableG01a-en.pdf
2
considered to be second order structures off the Larder Lake Cadillac Deformation Zone – LLCDZ – the
regional structure in the belt known to be spatially associated with the gold mines hosted in the camp.
The properties assembled include: the 100%-owned Goodfish-Kirana, the Arnold property and the recently
optioned KL West (KLW) and KL Central (KLC). Warrior’s land position in the Kirkland Lake gold camp
comprises 19,307 ha, over 376 claims and 29 patented claims and ranks the company as one of the largest
landholders in the Kirkland Lake region.
For additional information please contact:
Danièle Spethmann, P.Geo. Daniel Rodriguez
President & CEO Corporate Development
+1 647 344-3433 +1 604 353-4080
[email protected] [email protected]
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.
Forward-Looking Statements: This press release contains forward-looking statements. Forward-looking statements
are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", “anticipate", "estimate",
"may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions
"may" or "will" occur. The forward-looking statements are based on certain key expectations and assumptions made
by the Company. Although Warrior Gold believes that the expectations and assumptions on which the forward-looking
statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because
Warrior Gold can give no assurance that they will prove to be correct. Since forward-looking statements address future
events and conditions, by their very nature they involve inh erent risks and uncertainties. Actual results could differ
materially from those currently anticipated due to a number of factors and risks. In addition to other risks that may affect
the forward-looking statements in this press release are those set out i n the Company’s Management Discussion and
Analysis of the financial condition and results of operations for the year ended March 31, 2021 and the first quarter
ended June 30, 2021, which are available at www.sedar.com. The forward-looking statements contained in this press
release are made as of the date hereof and Warrior Gold undertakes no obligation to update publicly 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 laws.
This press release does not constitute an offer, invitation or recommendation to subscribe for or purchase any securities
and neither this press release nor anything contained in it shall form the basis of any contract or commitment. In
particular, this press release does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the
United States, or in any other jurisdiction in which such an offer would be illegal.