Pelangio Exploration Intersects New GOLD Zone ON Dome WEST Property, Timmins Ontario
Pelangio Exploration Inc.
Pelangio Exploration Inc. News Release June 13, 2019 1
82 Richmond Street East,
Toronto, ON M5C 1P1
Tel: 905-336-3828
Fax: 905-336-3899
NEWS RELEASE
PELANGIO EXPLORATION INTERSECTS NEW GOLD ZONE
ON DOME WEST PROPERTY, TIMMINS ONTARIO
TORONTO, Ontario (June 13, 2019) – Pelangio Exploration Inc. (PX:TSX-V; OTC PINK:PGXPF) (“Pelangio” or the
“Company”) is pleased to report the previously announced 543 meter diamond drill program (see Pelangio news
releases April 22 and May 29, 2019) on the Dome West property in Timmins, Ontario, achieved its objective.
HIGHLIGHTS
• Intersected a mineralized interval that returned 3.21 g/t gold (“Au”) over 1.25 meters including a higher
grade intercept of 4.754 g/t Au over 0.75 meters
• Confirmed the presence of seven new quartz veins within known prospective stratigraphy extending from
the Dome and Paymaster mines
• Some of these quartz veins are proximal to numerous altered porphyry intrusives
“We are truly excited and encouraged by the results of this initial 543 meter drill hole. It represents our first pass in
evaluating the prospectivity of the Dome West property. We are particularly pleased with the intersection of seven
separate veins, two of which returned gold values and the presence of visible gold. With these results, we plan to
extend the diamond drill program to further evaluate the P1 target area in the upcoming winter months”,
commented Ingrid Hibbard President and CEO of Pelangio.
Pelangio's Dome West property is located within the main Timmins camp approximately 800 meters west of the
Dome super pit and approximately 500 meters northwest of the former Paymaster shaft. (see Map 1) Pelangio
completed a single 543 meter drill hole on the property, representing the first and deepest hole on the property
since the late 1930's. The purpose of the recent hole (DW1901) was to evaluate the strike extension of a
prospective porphyritic intrusive sill interpreted to extend from the former Paymaster Mine (P1 target see Map 2)
and also test for potential new vein systems in prospective stratigraphy extending from the Dome and Paymaster
Mines.
The gold intersection obtained during the recent drilling (3.21 g/t Au over 1.25 m) was associated with quartz
stringers and up to 5% pyrite in a strongly altered leucoxene bearing mafic flow extending from 407.00 to 476.75
meters. Also, of note, were two small specks of visible gold observed in a small vein at 260.75 to 260.87 meters;
this vein was also hosted in an altered leucoxene bearing flow. The original assay from 260.70 to 261.00 meters
returned <0.005 g/t gold but a subsequent gold fire assay metallic screen analysis returned 0.48 g/t gold over 0.30
meters. The coarse fraction of the screen analysis (Au+100 mesh) returned 6.67 g/t gold confirming the presence
of the visible gold observed. The vein with visible gold was within 1 meter of an altered quartz eye porphyry dyke
contact.
It should be noted that reference material on the adjoining Dome Mine (Rogers, D., CIM Paper, 1982) indicates
that early diamond drilling on many productive mined vein systems did not accurately reflect the eventual mined
grade of a vein. Underground development was often required to accurately reflect the grade of a vein system.
Consequently, Pelangio is encouraged that its early stage drilling intersected seven separate veins in its first drill
hole - two of which were gold bearing.
Pelangio Exploration Inc. News Release – June 13, 2019 2
Table of Significant Intercepts
(Hole DW1901: 480357E, 5367651N, Az:360 deg. Dip:-88 deg.)
From To Meters Gold (g/t) Comment
260.70 261.00 0.30 0.48 Visible gold in quartz vein
471.00 472.25 1.25 3.21 Quartz vein hosted in leucoxene mafic
includes
471.50 472.25 0.75 4.754
482.40 482.75 0.35 0.92 Quartz Vein in pillowed mafics
Intervals shown are core lengths; there is insufficient information to determine a true width at this time.
Pelangio also conducted surface sampling in the V1 target area (see Map 2) on the property, no significant results
were obtained from this target. All assays have been received for the current drill program and for all surface
sampling.
Plans for Dome West
In light of the recent drill results and the very minimal exploration on the Dome West property, Pelangio intends to
continue with further exploration drilling in the P1 target area with a focus on vein systems associated with the
altered leucoxene mafic flows proximal to known porphyry intrusives. It is anticipated that future drilling will be
initiated from Edwards Lake during the winter of 2019-2020. Some consideration will also be given to deepening
hole DW1901 beyond 543 meters as well as further metallic screen analysis.
Quality Assurance/Quality Control Procedures
All core logging and sampling were conducted in a secure core logging facility in Timmins Ontario. Core logging and
sampling of NQ diamond drill core was carried out by K. Filo P.Geo. Core logging and sampling adhered to 43-101
protocols and industry standard best practices. In the case of the recent drill hole DW1901, the entire drill hole
was sampled, sample intervals varied from 0.3 meters to a maximum of 1.5 meters. Drill core was sawn in half with
a diamond saw, tagged, and placed in securely sealed bags. Samples were transported directly to Actlabs facility in
Timmins Ontario by Pelangio personnel. Half of the core was retained for reference purposes.
Gold analysis at Actlabs was completed using a standard fire assay with 30 gram charge with an atomic absorption
(AA) finish. (Actlabs 1A2-30 Procedure). Gold analysis was completed on five select samples by Actlabs 1A4-1000
gold fire assay metallic screen procedure. With each sample batch of 25 samples submitted one Oreas standard
and one blank sample were submitted for QA/QC purposes. All blanks and standards analyzed fell with acceptable
tolerances. Full details on these Actlabs analysis procedures and associated sample preparation can be reviewed
on the Actlabs web site.
Qualified Person
Mr. Kevin Filo, P.Geo. (Ontario), is a qualified person within the meaning of National Instrument 43-101. Mr. Filo
has verified and approved the data disclosed in this release.
About Pelangio
Pelangio acquires and explores large land packages in world-class gold belts in Canada and Ghana, West Africa. In
Canada, the company is focusing on the Dome West property located 800 metres from the Dome Mine in Timmins,
the 25 km2 Birch Lake Property located in the Red Lake Mining District and the Dalton Property located 1.5 km
from the Hollinger mine in Timmin s. In Ghana, the Company is focusing on two 100%- owned camp-sized
properties: the 100 km2 Manfo Property, the site of seven recent near-surface gold discoveries, and the 284 km2
Obuasi Property, located 4 km on strike and adjacent to AngloGold Ashanti’s p rolific high-grade Obuasi Mine.
Ghana is an English-speaking, common law jurisdiction that is consistently ranked amongst the most favourable
mining jurisdictions in Africa.
Pelangio Exploration Inc. News Release – June 13, 2019 3
Map 1: Location of the Dome West property in reference to the Dome Mine and other strategically located mine
properties
Map 2. Location of V1 and P1 targets
For additional information, please visit our website at www.pelangio.com, or contact:
Ingrid Hibbard, President and CEO
Tel: 905-336-3828 / Toll-free: 1-877-746-1632 / Email: [email protected]
Or
Kevin Filo, Vice President Corporate Development
Tel: 705-266-6818
Forward Looking Statements
Certain statements herein may contain forward-looking statements and forward-looking information within the meaning of
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certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking
Pelangio Exploration Inc. News Release – June 13, 2019 4
statements and information include statements regarding the Company’s exploration of its properties, the Company’s strategy
of acquiring large land packages in areas of sizable gold mineralization, and the Company’s plans to follow-up on previous work.
With respect to forward-looking statements and information contained herein, we have made numerous assumptions, including
assumptions about the state of the equity markets. Such forward -looking statements and information are subject to risks,
uncertainties and other factors which may cause the Company’s actual results, performance or achievements, or industry
results, to be materially different from any future results, performance or achievements expressed or implied by such forward-
looking statement or information. Such risks include the changes in equity markets, share price volatility, volatility of global and
local economic climate, gold price volatility, increases in costs, exchange rate fluctuations, speculative nature of gold exploration
including the risk that favourable results may not be obtained, and other risks involved in the gold exploration industry. See the
Company’s annual and quarterly financial statements and management’s discussion and analysis for additional information on
risks and uncertainties relating to the forward-looking statement and information. There can be no assurance that a forward-
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materially from those anticipated in such statements or information. Also, many of the factors are beyond the control of the
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