5,000M Drilling Program to Start IN Early January ON Noyell GOLD Project
NEWS RELEASE
DECEMBER 22nd, 2020 TRADING SYMBOL: TSX-V: OOR
5,000M DRILLING PROGRAM TO START IN EARLY JANUARY ON NOYELL GOLD
PROJECT
MONTREAL, QC, December 22nd, 2020 – Opus One Gold Corp Inc. (OOR: TSXV)
(“Opus One Gold” or the “Company”), a mining exploration company focused on
discovering high quality gold and base metal deposits in accessible areas is providing a
corporate update of its recent and upcoming activities.
Opus One Gold Corp controls a large land package along the Casa-Berardi and Douay-
Cameron Breaks, two major regional geological structures known to h ost mesothermal
gold deposits. Three of our properties are located within this geological environment:
NOYELL
All pieces of the puzzle are now in place to start the 5,000m drilling program on Noyell
property, next January. Permitting is completed. Road, water accesses and drill sites are
identified and will be developed in early January. A drill rig is expected to be mobilized in
the field on 12th of January 2021 with drilling starting soon after. Drilling should proceed
for most of the winter months. This is a very important step for the company as those drill
targets are considered to be extremely promising as a follow -up to the significant gold
results obtained in March 2020 , just before Covid-19 stopped all work. Eight holes will
investigate the 2020 discovery area while 5 holes will test IP anomalies located from 0.5
to 3 km east of drill hole NO-20-02.
FECTEAU (Urban-Barry Windfall):
Our Fecteau property is strategically located in the very active Urban-Barry Windfall gold
district with easy land access.
Over the last months, the company developed three priority areas based on till sampling
program and prospecting. Three grids were cut over the new targets and IP geophysics
was completed over all of them. Results are being analyzed. The company will develop
drill targets that could be drilled during the summer of 2021.
OUTLOOK FOR THE NEXT QUARTER
Following a successful financing program completed last August 2020, Opus One Gold
is well financed to complete the planned upcoming programs.
An exciting drilling program will be started on Noyell. The company is confident that a
sizeable gold deposit could be outlined along the Casa -Berardi-Douay-Cameron
deformation corridor on Noyell.
All field surveys completed on Fecteau over the past years are now leading us towards a
new phase of exploration. We believe our recent IP survey results will generate excellent
drill targets. This work should start as soon as next summer.
Mr. Louis Morin, CEO, states: " As we were aware of a significant increase in mining
exploration activity, we were early to secure all our technical staff and drill contractor
required for the upcomi ng projects , therefore we are now ready to resume our drill
program, early next 2021. This is an ex citing phase to the company as, based on past
results and those obtained from last winter drill program, we know there is gold in the
system, and we have a large land package in the Vezza-Casa Berardi area to explore.
We think 2021 will be very exciting for Opus One Gold Corp."
Pierre O’Dowd, P. Geo, [Independent Consulting geologist] acts as a Qualified Person as
defined in National Instrument 43-101- Standards of Disclosure for Mineral Projects and
has reviewed and approved the technical information in this press release.
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 the release.
For more information, please contact:
Louis Morin
Chief Executive Officer & Director
Tel.: (514) 591-3988
Michael W. Kinley, CPA, CA
President, Chief Financial Officer & Director
Tel: (902) 826-1579
Visit Opus One’s website: www.OpusOneGold.com