Warrior Gold Extends Mineralization at the Goodfish-Kirana Property and Intersects 6.7 g/t Au over 7.4 m (within 1.22 g/t Au over 74 m) in a New High-Grade Vein System at A Zone
TSX-V:WAR
Warrior Gold Extends Mineralization at the Goodfish-Kirana Property and
Intersects 6.7 g/t Au over 7.4 m (within 1.22 g/t Au over 74 m)
in a New High-Grade Vein System at A Zone
Toronto, Ontario – September 23, 2020 - Warrior Gold Inc. (TSX -V - WAR) (“Warrior Gold” or the
“Company”) is pleased to report the successful results of the Company’s July 2020 nine hole diamond
drilling program (2,895 m) including seven drill holes at the A Zone (2,448 m) and two drill holes at the C
Zone (447 m) on its 100%-owned Goodfish-Kirana Project located in the Kirkland Lake Camp in Ontario
(Figure 1, Tables 1 and 2).
Program Highlights:
● Mineralization at the A Zone has been extended 50 m to the east, 100 m to west, and 100 m down dip
confirming the continuity of the geological structure and the integrity of the geological model. The zone
remains open in all directions.
● GK20-028 intersected new high-grade, north- south trending quartz-carbonate veining that returned
6.7 g/t Au over 7.4 m (within 1.22 g/t Au over 74 m, with visible gold (“VG”)); A Zone NS-FW.
● New orientation for the C Zone mineralization confirmed.
Significant Higher-Grade Results:
A Zone:
• GK20-032: 3.69 g/t Au over 2.3 m
A Zone FW (South of A Zone, footwall):
• GK20-026: 8.40 g/t Au over 1.5 m
• GK20-028: 6.78 g/t Au over 3.0 m
• GK20-028: 4.07 g/t Au over 7.0 m (with VG)
A Zone NS-FW (South of A Zone, footwall):
• GK20-028: 1.22 g/t Au over 74 m
• Including 2.65 g/t Au over 22.3 m (with VG)
o Including 6.70 g/t Au over 7.4 m
• and 3.88 g/t Au over 5.2 m
C Zone:
• GK20-033: 3.41 g/t Au over 2.0 m
• GK20-033: 3.93 g/t Au over 3.0 m
Danièle Spethmann, President and CEO commented:
“We are excited with the results of our summer drilling campaign which intersected anomalous and high-
grade gold in eight of nine drill holes, including one of the highest-grade intervals drilled by Warrior Gold to
date -- 2.65 g/t Au over 22.3 m, including 6.70 g/t Au over 7.4 m within 1.22 g/t Au over 74 m. The A Zone
was extended laterally over a total strike length of 350 m and to a depth of 325 m, which is still relatively
shallow for gold deposits in the Abitibi Greenstone Belt. Additionally, Warrior Gold’s discovery of a new
gold-bearing vein system in the A Zone footwall, suggests that the potential for intersecting similar gold
zones exist at depth and in other areas of the property.
Although early in our exploration process, approximately ninety percent of the drill holes have intersected
significant and anomalous gold results. We look forward to expanding on our successes and identifying
additional promising targets on the property.”
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Figure 1. Goodfish-Kirana Property Location with A Zone and C Zone
Table 1. Significant Assay Intercepts from the 2020 Drilling Program
Drill Hole Zone From
(m)
To
(m)
Core Length
(m)
Grade
(Au g/t)
GK20-026
A Zone FW 46.6 48.0 1.4 1.23
A Zone FW 364.5 366.0 1.5 8.40
A Zone 380.0 381.0 1.0 1.20
A Zone HW 484.5 486.0 1.5 1.15
GK20-027
A Zone 417.0 424.5 7.5 0.57
Including 417.0 418.5 1.5 1.09
Including 423.0 424.5 1.5 1.10
GK20-028
A Zone FW 57.0 60.0 3.0 6.78
A Zone NS-FW 87.0 161.0 74.0 1.22
Including 87.0 109.3 22.3 2.65*
(Incl.) 87.0 94.4 7.4 6.70*
Including 120.0 126.1 6.1 0.58
Including 149.2 151.0 1.8 1.43
Including 155.8 161.0 5.2 3.88
(Incl.) 158.4 159.0 0.7 16.00*
3
Drill Hole Zone From
(m)
To
(m)
Core Length
(m)
Grade
(Au g/t)
GK20-028
(continued)
A Zone FW 196.0 203.0 7.0 4.07
Including 201.0 202.0 1.0 22.60
A Zone 219.0 220.0 1.0 3.76
GK20-029 A Zone 300.0 302.0 2.0 1.52
GK20-030 A Zone No Significant Results
GK20-031
A Zone FW 54.0 55.4 1.4 0.56
A Zone 135.0 136.5 1.5 0.62
GK20-032 A Zone 221.7 224.0 2.3 3.69
GK20-033
C Zone 101.0 103.0 2.0 3.41
Including 101.6 102.1 0.5 6.42
C Zone 136.8 138.3 1.5 2.55
C Zone 152.5 155.5 3.0 3.93
Including 152.5 153.3 0.8 9.37
GK20-034
C Zone 108.0 111.0 3.0 0.76
Including 110.1 111.0 0.9 1.84
C Zone 182.0 183.2 1.2 0.41
• Intervals are presented in core length and not true width.
• Assays as presented have not been capped.
• Abbreviations: FW = footwall, *VG = visible gold.
Table 2. Drill Hole Collar Data
Drill Hole Prospect
Northing
(m)
Easting
(m)
Elevation
(m)
Length
(m)
Azimuth
(deg)
Dip
(deg)
GK20-026 A Zone 5338547 573606 323 552 023° -51°
GK20-027 A Zone 5338521 573668 331 555 024° -50°
GK20-028 A Zone 5338689 573594 319 234 019° -51°
GK20-029 A Zone 5338617 573541 317 372 024° -48°
GK20-030 A Zone 5338751 573542 324 123 025° -50°
GK20-031 A Zone 5338635 573749 323 222 026° -48°
GK20-032 A Zone 5338507 573780 321 390 025° -47°
GK20-033 C Zone 5339189 573740 321 246 197° -48°
GK20-034 C Zone 5339212 573659 332 201 185° -51°
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A Zone
The A Zone consists of vein-hosted gold mineralization in a shear zone that strikes 300° and dips steeply
to the north east. The shear zone varies from 1 m to 20 m in width and is spatially associated with the
contact between Mg-tholeiitic mafic volcanic rocks to the south and a Fe- tholeiitic mafic volcanic rocks to
the north. This shear zone has been intersected to a vertical depth of 325 m below surface and has a drill-
defined strike length of approximately 350 m. The zone is characterized by moderate to strong deformation
textures and structures with pervasive sericite ± carbonate ± silica alteration (Figures 2 and 3).
GK20-026 and GK20-027 were drilled to test the A Zone 50 m and 100 m down dip. GK20-026 intersected
1.2 g/t Au over 1.0 m and GK20-027 intersected 0.57 g/t Au over 7.5 m (incl. two intervals of 1.1 g/t Au over
1.5 m). The typical A Zone-style alteration, veining and shearing were intersected in both these drill holes
thus confirming the continuity of the favourable gold-bearing structure to a depth of 325 m.
Drill holes GK20-028 and GK20-029 were 50 m step-outs to the west at 175 m and 225 m below surface.
Both holes intersected elevated gold values in the A Zone of 3.76 g/t Au over 1.0 m (GK20-028) and 1.52
g/t Au over 2.0 m (GK20-029). These drill holes confirm the continuation of the gold mineralization towards
the west and the area remains open for further exploration.
GK20-030 and GK20- 031 were drilled to test the near surface potential of the A Zone at 75 m to 100 m
depth. Although GK20-030 did intersect favourable alteration and structure, there were no significant gold
grades. GK20-031 also intersected the typical A Zone style alteration and structure with 0.62 g/t Au over
1.5 m.
GK20-032 was a 100 m step-out towards the east and successfully intersected high-grade gold (3.69 g/t
Au over 2.3 m) at about 170 m below surface. This hole has extended the A Zone mineralization 100 m to
the east and the zone remains open at depth.
A FW (South of A Zone, Footwall)
The 2019 drilling program identified gold mineralization in the area of the footwall (south of A Zone) that
Warrior Gold interprets as brittle-ductile fault zones, oblique to subparallel to the main A Zone structure and
associated with sericite ± carbonate ± silica alteration. Additional intersections of this style of mineralization
were found in GK20-028 (6.78 g/t Au over 3.0 m and 4.07 g/t Au over 7.0 m) (Map 3), GK20-026 (8.40 g/t
Au over 1.5 m) and GK20-031 (0.56 g/t Au over 1.35 m).
A NS-FW (South of A Zone, Footwall)
A newly recognized high-grade, gold-bearing vein system was intersected in the A Zone footwall in GK20-
028; northerly-striking and steeply dipping. It consists of a series of stacked quartz-carbonate extension-
style veins hosting visible gold. The whole intersection ran 1.22 g/t Au over 74 m and includes four gold-
rich sub-intersections: 2.65 g/t Au over 22.0 m (incl. 6.70 g/t Au over 7.4 m); 1.43 g/t Au over 1.8 m; 0.58
g/t Au over 6.1 m and 3.88 g/t Au over 5.2 m. The veining was intersected at an oblique angle so additional
drilling is planned to test continuity and the intersection with the main A Zone structure (Figure 4).
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Figure 2. Plan Map of A Zone with July 2020 Drill Hole Locations and Assay Results
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Figure 3. Longitudinal Section of A Zone and Results (A-A’ Trace on Figure 2)
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Figure 4. Vertical Cross-Section Showing GK20-028 Gold Intersections
C Zone
In the 2020 July drilling program, Warrior Gold tested the orientation of the mineralization to determine if it
was trending in the same orientation as the A Zone (northwesterly), by drilling perpendicular to the historical
holes. Drilling confirmed the new interpretation with both GK20-033 and GK20-034 intersecting NW trending
mineralized zones with quartz-carbonate veining, disseminated pyrite, sericite ± carbonate ± silica alteration
and brecciation/shearing textures. GK20-033 intersected 3.41 g/t Au over 2.0 m and 3.93 g/t Au over 3.0
m and GK20-034 intersected 0.76 g/t Au over 3.0 m and 0.41 g/t Au over 1.15 m. Further drilling with the
same orientation will continue to better define the gold mineralization at the C Zone ( Figure 5).
Susan Lomas , P. Geo . and Technical Advisor commented, “ Warrior Gold’s team has had significant
success intersecting high-grade and anomalous gold mineralization in their drilling and prospecting work to
date. The north-south trending quartz veining intersected in GK20 -028 is an exciting find and we are very
encouraged by this new discovery . In addition, the orientation of the C Zone was re- interpreted to be
trending parallel to the A Zone and the 2020 drill holes appear to support that concept. Future drilling will
continue to test the continuity of the mineralization and structures in both of these zones and at other
prospects on the property, along strike and at depth.”
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Figure 5. Plan Map of C Zone with July 2020 Drill Hole Locations and Assay Results
Drilling Contract, Analytical Protocol and QA/QC
The July 2020 drilling program was undertaken by SMP Drilling based in Rouyn, Quebec. The drill hole
diameter is NQ. Drilling took place from June 30 to July 31, 2020.
Program design, management, supervision and Quality Control/Quality Assurance (QA/QC) were
conducted by Warrior Gold’s exploration group under the direction of Melissa Render, P.Geo., Principal
Consulting Geologist. Dan Johannsson (GIT) managed all aspects of the core logging which included: core
orientation, photography, geology, structural measurements, magnetic susceptibility, core recovery and the
insertion of standards and blanks. Standards were obtained from Analytical Solutions Ltd. and the QA /QC
results were reviewed by Susan Lomas P.Geo., Lions Gate Geological Consulting Inc. (LGGC) who also
provided technical support for this disclosure.
Drill core samples were cut by diamond saw at the Toburn Core Cutting facilities adjacent to the Warrior
Gold core logging facilities in the Town of Kirkland Lake and at CXS Exploration Services in Larder Lake.
Field duplicate samples, blank rock samples and certified reference materials were inserted into the sample
sequence at a frequency of one per 20 samples . A halved core sample was left in the core box with the
other half core sampled and either transported by Warrior Gold’s personnel in securely sealed bags or
picked up by ALS to be prepared at ALS Limited’s sample laboratory in Timmins, Ontario. After sample
preparation, samples were shipped to ALS's Vancouver facility for gold by Fire Assay (30 gm subsample)
with atomic absorption (AA) finish and gravimetric finish for samples greater than 3.0 g/t Au. Every third
sample down a drill hole was selected for multi-element ICP analysis. ALS is a certified and accredited
laboratory service. ALS routinely inserts certified gold reference materials, blanks and pulp duplicates, and
results of all QC samples are reported. A Screen Analysis study was initiated during this drill program and
will be ongoing through future drilling. The purpose of the s tudy is to determine how gold is distributed in