Warrior Gold Engages GoldSpot Discoveries for a Multi-Parameter Airborne Survey
TSX-V:WAR
WARRIOR GOLD INC.
25 Adelaide Street East, Suite 1400, Toronto, Ontario, M5C 3A1 | warriorgoldinc.com | +1 647 344-3433
Warrior Gold Engages GoldSpot Discoveries
for a Multi-Parameter Airborne Survey
Toronto, ON, September 21, 2021 - Warrior Gold Inc. (TSX -V - WAR) (“Warrior Gold” or the
“Company”) is pleased to announce that it has engaged GoldSpot Discoveries Corp. (“GoldSpot”) (TSXV:
SPOT) to acquire magnetics/VLF, LiDAR and radiometric data on Warrior Gold’s KLC and Arnold properties
located in Kirkland Lake, Ontario. Once the surveys are complete, GoldSpot will analyze the acquired data
set utilizing its proprietary machine learning technology and geoscience expertise.
Efficient Data Acquisition
GoldSpot’s newly acquired geophysical services division utilizes the M-PASS system, a triaxial magnetic
gradient/VLF platform, with a 2048 -channel radiometric sensor which includes a high-precision LiDAR
sensor and high- resolution cameras capable of producing four -band imagery. The combination of these
systems onto a single helicopter allows for increased data captured through a single mobilization and flight
creating a significantly cost-effective solution for multi-parameter data.
Danièle Spethmann, Warrior Gold’s President and Chief Executive Officer, commented, “We are really
pleased to work with GoldSpot and their new team of geophysicists and data acquisition technicians. The
geophysical and LiDAR data acquired from this survey will be the foundational work upon which the Warrior
Gold and Goldspot teams will base their AI targeting efforts on our new ground. It really is exciting times in
the exploration/data acquisition industry. These new data acquisition tools, as well as the sophisticated
software available to assist in the targeting exercises, continue to refine the methods used in the discovery
process.”
Expertise in the Abitibi
GoldSpot’s technical team has a long history of working in the Abitibi and will work closely with the Warrior
Gold technical team to analyze the acquired geoscience data sets to develop and refine Smart Targets on
our new ground.
“Our engagement with Warrior Gold brings us back to our roots in the Abitibi Greenstone Belt. This will be
our ninth project in the Abitibi and the repeat engagement highlights the successes that we have had.
GoldSpot is excited to launch its M-PASS program on Warrior Gold’s KLC/Arnold ground and we look
forward to demonstrating the functionality and proficiency of the data acquisition arm at GoldSpot,” stated
Denis Laviolette, Executive Chairman and President of GoldSpot , who added, “Far too many exploration
companies are forced to limit which data sets they want to incorporate into their exploration plan. With M-
PASS and GoldSpot’s computing power that will no longer be the case as GoldSpot is offering a multitude
of high-quality data acquisition products that can be combined at a fraction of competitor’s costs.”
About Warrior Gold Inc.
Warrior Gold is a TSX Venture Exchange-listed company that has consolidated a significant and
prospective land package 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 date. The properties are host to regional and property-scale mineralized structures that
are 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.
2
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 inherent 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 in 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.