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Tombill Encounters Mineralization in Ongoing Near-Surface Drilling and Provides Comprehensive Review of Results from its 2021 Drill Program

Drill Results

Tombill Encounters Mineralization in Ongoing

Near-Surface Drilling and Provides

Comprehensive Review of Results from its

2021 Drill Program

Toronto, Ontario and Geraldton, Ontario--(Newsfile Corp. - May 25, 2022) - Tombill Mines

Limited (TSXV: TBLL) (OTCQB: TBLLF) (the "Company", "Tombill"), is pleased to provide an update on

its 2022 near-surface Phase 2A Diamond Drilling Program designed to comprehensively test a series of

newly identified targets across its 100% controlled namesake project which encompasses our 4 mineral

properties, including 2 past-producing mines, in the Geraldton gold mining district, north-central Ontario,

Canada. The Company recently received additional assays from its 2021 diamond drill program for

which it provides a complete review below.

Highlights of Current Phase 2A 2022 Near-Surface Drilling Program to Date

Drilling commenced mid-April; Forage FTE Drilling is the contractor for the program.

Holes TB22-002 and TB22-005 targeting the Ellis Syncline gold target situated in the north- central

portion of the Tombill Main Group property have encountered significant hydrothermal alteration

with associated silica-sulfide veining across a broad, isoclinally folded syncline encompassing

greywacke, iron formation and albite porphyry, very similar lithologies to those found at the open-pit

mine development project of Greenstone Gold Mines ("Greenstone") located a few kilometers to

the east.

Hole TB22-005, which tests the southern half of the target, passed through an approximately 50 m

wide zone of continuous, visually impressive sulphide mineralization in the form of disseminated

and stringer pyrite hosted by banded iron formation and lesser greywacke. Somewhat weaker

pyrite mineralization continues below the main alteration zone which starts 170 m down-hole.

Hole TB22-002 which tests the Ellis Syncline target about 400 m east of hole TB22-005

intersected thinly layered greywacke and banded iron formation intruded by two thick bodies of

albite porphyry showing varying intensities of sericite and hematite alteration, foliation and

disseminated pyrite mineralization. Quartz stringers are abundant in the deformed iron formation.

Styles of rock alteration and mineralization resemble those seen in other deposits in the Geraldton

district, including at the nearby Hardrock deposit currently being developed by Greenstone into one

of Canada's largest gold mines.

Half-core samples generally 1.0 m in length are being collected and sent for fire assaying at the

Actlabs analytical facilities in Geraldton, Ontario.

Drilling is also planned for the claim group where the past-producing Tombill gold mine is located.

Between 1938 and 1942 this mine produced 68,737 oz gold at an average grade of 12.36 g/t Au.

The bulk of gold resources presently known in the Geraldton district are defined around the old

underground workings of the district's 10 past-producing mines.

To date, Tombill has completed 1,823 m of diamond drilling in five holes and is drilling an

additional three holes encompassing approximately 1,200 m, expected to be completed by early

June.

"We are delighted to see early indications of a large-scale hydrothermal system at the Ellis Syncline

target, one of several near-surface targets we recently identified across the Tombill Main Group,"

commented Ron Burk, Strategic Advisor & Head of Exploration & Geology, "The style of mineralization

observed in recent holes, especially hole TB22-005, bears similarities to the mineralization forming the

gold zones that constitute the Hardrock gold deposit being developed by Greenstone to the east. Given

the robust length of alteration and veining observed in this hole, we are eager to see what assays bring."

Phase 2A Near-Surface Drilling Program at Tombill Main Group

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Drill Hole Coordinates for Tombill Main Group Shallow Program 2022

Hole ID

Collar

Azimuth

Collar Dip

Length(m)

Easting

Northing

Elevation(m)

TB22-001

180

-45

21.0

501490

5503943

334.0

TB22-001A

180

-52

385.0

501499

5503943

334.0

TB22-002

350

-45

357.0

500198

5503696

334.0

TB22-003

355

-45

300.0

500493

5503781

334.0

TB22-004

20

-45

351.0

499755

5503907

340.0

TB22-005

20

-52

433.0

499734

5503713

345.0

TB22-006

8

-45

351.0

499142

5503957

345.0

TB22-007

20

-55

*400.0

499627

5503729

345.0

TB22-008

30

-45

*350.0

493730

5505580

355.0

*Proposed length of drill hole

Comprehensive Review of 2021 Talmora & F-Zone Diamond Drill Results

Deep Drilling Targeting Extensions of the F-Zone

In 2021, Tombill undertook a deep diamond drilling program to test for the extension of the F-Zone, a

major gold ore zone that plunges roughly 20 degrees westward from Greenstone's Hardrock deposit

onto the Tombill Main Group property.

Holes TB21-005A, -005B and -005E, three wedged holes from parent-hole TB21-005 which was

collared approximately 280 m west of the eastern property boundary, all encountered strong intervals of

gold mineralization including:

TBL21-005A

6.03 g/t Au over 13.3 m

Within a 30.5 m long interval averaging 2.96 g/t Au, and

A second interval of 5.04 g/t Au over 3.0 m

TB21-005B

-

4.31 g/t Au over 6.0 m

-

Within a 25.0 m long interval averaging 1.20 g/t Au

TB21-005E

-

5.29 g/t Au over 8.0 m

-

Within a 15.0 m long interval grading 3.24 g/t Au

-

A second interval of 13.1 g/t Au over 2.0 m

-

Within an interval of 11.0 m averaging 4.12 g/t Au

-

A third interval of 24.13 g/t Au over 1.0 m

-

Within a zone 3.0 m wide grading 8.52 g/t Au

Gold intercepts from these three holes are considered by Tombill to be equally robust as typical

intersections of the F-Zone on the adjacent Greenstone mine property, and consequently provide strong

evidence that the F-Zone remains intact and well-mineralized on Tombill's Main Group claims.

Drilling in the area immediately west of the eastern boundary of Tombill's Main Group property

encountered complex geology including post-mineral faulting and post-mineral mafic dikes.

Consequently, holes TB21-001 through TB21-004 failed to produce adequate tests of the F-Zone but did

encounter short intervals of significant gold mineralization in the general vicinity of the intended target

(see table below).

Hole TB21-008, the furthest west drill-hole of the deep drilling program and 580 m west of our eastern

property boundary, is believed to have passed just below the targeted F Zone, encountering six short

intervals of gold mineralization (see table below).

Significantly, at depth this hole passed through 93 m of

sericite-altered, anomalously gold-bearing albite porphyry interpreted to be the anticlinally folded

Hardrock Porphyry

, an intrusive rock mass which is spatially and perhaps genetically associated with

important ore zones in Hardrock gold deposit situated a few kilometers to the east.

In spite of failing to

intersect robust F-Zone mineralization, the multiple gold intercepts and the weakly mineralized intrusive

porphyry encountered in TB21-008 suggest the targeted gold system extends at least a further 300 m

west of holes TB21-005A, 005B and -005E, or 580 m from our property boundary.

F-Zone & Associated Zones 2021 Intercepts & Grades

(

Assays in italics are newly reported

intervals)

Hole ID

From (m)

To (m)

Length (m)

Gold (g/t)

TB21-001A

1191.0

1192.0

1.0

6.03

TB21-002

768.0

769.0

1.0

4.21

1203.0

1203.8

0.8

6.90

TB21-004

757.7

758.7

1.0

5.29

1242.4

1246.8

4.4

2.40

Including

1242.4

1244.5

2.1

4.50

TB21-005A

1018.5

1022.7

4.2

2.00

1078.0

1081.5

3.5

2.05

1083.0

1113.5

30.5

2.96

Including

1095.0

1108.3

13.3

6.03

Including

1095.0

1096.0

1.0

53.0

1160.0

1163.0

3.0

5.04

Including

1162.0

1163.0

1.0

13.2

1241.0

1243.1

2.1

2.75

1248.0

1250.7

2.7

2.85

TB21-005B

1195.0

1220.0

25.0

1.20

Including

1211.0

1217.0

6.0

4.31

Including

1214.0

1218.1

4.1

5.53

Including

1216.0

1218.1

2.1

11.23

TB21-005E

1071.0

1088.0

17.0

1.47

Including

1085.0

1087.0

2.0

6.08

1099.0

1101.0

2.0

2.44

1102.0

1117.0

15.0

3.24

Including

1102.0

1110.0

8.0

5.29

1128.5

1139.0

10.5

1.52

Including

1132.0

1139.0

7.0

2.00

1146.0

1157.0

11.0

4.12

Including

1152.0

1153.0

1.0

22.63

Including

1152.0

1154.0

2.0

13.10

1162.0

1165.0

3.0

8.52

Including

1164.0

1165.0

1.0

24.13

1193.0

1206.0

13.0

1.37

TB21-008

943.0

946.0

3.0

1.75

1107.0

1110.0

3

1.35

1122.0

1125.0

3

1.94

1163.0

1166.0

3

2.25

1197.0

1199.0

2

2.84

1225.0

1227.0

2

1.93

F Zone Long Section View of Deep Drilling 2021

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Drill Hole Coordinates for F-Zone Program 2021

Hole ID

Collar

Azimuth

Collar Dip

Length

(m)

NAD83-Z16

Easting

NAD83-Z16

Northing

Elevation

(m)

TB21-001

356.1

-81.8

1218.5

500,987

5,502,807

341.0

TB21-001A

356.1

-70.0

1220.0

500,987

5,502,807

341.0

TB21-002

356.0

-82.0

1452.0

501,048

5,502, 609

339.0

TB21-003

12.2

-82.0

882.0

501,072

5,502,888

341.0

TB21-004

01.0

-82.0

1391.3

501,048

5,502,609

341.0

TB21-004A

01.0

-60.0

1289.8

501,048

5,502,609

341.0

TB21-005

359.0

-85.0

875.0

500,909

5,502,915

340.0

TB21-005A

359.0

-85.0

1331.0

500,909

5,502,915

340.0

TB21-005B

359.0

-85.0

1259.0

500,909

5,502,915

340.0

TB21-005E

359.0

-85.0

1238.4

500,909

5,502,915

340.0

TB21-008

356.0

-84.0

1384.0

500,629

5,502,878

340.0

Shallow Drilling at the Talmora Mine Target

In Q4 2021, Tombill Mines undertook a three-hole, near-surface drilling program at the Talmora Mine

target in the northeastern part of our Tombill Main Group. The former Talmora Longlac mine, with a 534-

foot-deep shaft and minor underground development on two levels, produced less than 1,500 oz gold in

the early 1940's.

All three holes yielded multiple intervals of gold mineralization (see below). Of particular

note, holes TAL21-001 and TAL21-002 encountered scatterings of gold mineralization over appreciable

lengths, from 27 to 220 m in the former and from 55.5 to346 m in the latter. Notable mineralized

intercepts include:

7.57 g/t Au over 2.0 m within a 5.5 m interval averaging 3.37 g/t Au in hole TAL21-001, and

1.65 g/t Au over 11.5 m in hole TAL21-002.

Tombill takes the view that the robust anomalism for gold encountered over long lengths in these holes is

a promising indication of proximity to a larger mineralized system. Therefore, more consideration is

being given to further work at the Talmora target.

Talmora 2021 Shallow Intercepts & Grade

(Assays in italics are newly reported intervals)

Hole ID

From (m)

To (m)

Length (m)

Gold (g/t)

TAL21-001

27.0

30.0

3.0

0.35

51.0

54.0

3.0

0.73

80.0

81.0

1.0

1.02

104.0

107.5

3.5

1.35

including

106.0

107.5

1.5

2.50

117.5

118.5

1.0

1.25

133.0

138.5

5.5

3.37

including

133.5

135.5

2.0

7.57

150.0

152.0

2.0

0.68

217.0

220.0

3.0

4.63

including

218.5

220.0

1.5

6.88

TAL21-002

55.5

56.5

1.0

2.73

including

56.0

56.5

0.5

4.02

90.0

94.0

4.0

0.54

including

90.0

91.0

1.0

0.98

103.3

105.0

1.7

1.43

including

104.5

105.0

0.5

3.35

140.5

144.5

4.0

0.52

including

144.0

144.5

0.5

1.47

154.5

166.0

11.5

1.65

including

160.0

161.5

1.5

4.07

188.5

189.5

1.0

3.04

including

188.5

189.0

0.5

4.23

270.0

270.5

0.5

2.84

270.5

271.0

0.5

2.84

282.0

283.0

1.0

0.88

292.0

292.5

0.5

2.98

344.0

346.0

2.0

2.21

including

345.0

346.0

1.0

3.66

TAL21-003

170.5

172.0

1.5

1.05

215.0

216.0

1.0

1.42

224.0

226.0

2.0

1.76

including

224.5

225.0

0.5

5.36

376.0

377.0

1.0

0.89

The presence of economically significant zones of shallow gold mineralization has clearly not been

thoroughly tested over most of the Tombill Main Group. The current Phase 2A Drilling Program plus the

programs completed in 2021 are the first drilling in four decades on the property and have been focused

on making a new discovery in this long-lived and productive gold mining district.

Drill Hole Coordinates for Talmora Program 2021

Hole ID

Azimuth

Dip

Length(m)

NAD83-Z16

Easting

NAD83-Z16

Northing

Elevation(m)

TAL21-001

350.0

-45

308.0

501604.9

5504086

331.4

TAL21-002

334.0

-45

395.0

501607.0

5504086

335.0

TAL21-003

318.0

-45

443.0

501560.3

5504062

335.0

Talmora Long Section View Looking West 2021

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Qualified Person

Ron Burk, P.Geo, is the Company's designated Qualified Person for this news release within the

meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed

and approved its scientific and technical content.

QA/QC

Assays were performed at Actlabs accredited lab in Geraldton, Ontario. Tombill geologists insert blanks

and standards into the sample stream at a rate of at least 2 per 25 core samples. A chain of custody is

maintained to the assay lab. At present, the true widths of the mineralized intercepts have not been

calculated.

About FTE

Founded 1987, Forage FTE Drilling specializes in a variety of drilling services in Canada, Africa, and

South America. Renowned for the quality of its work, FTE Drilling ensures an unmatched response time

in a safe and environmentally friendly workplace.

They have recently drilled in the Geraldton district.

About Tombill

Founded 1935, by Newmont Mining and prospectors' 'Tom' and 'Bill' Johnson, Tombill (TSXV: TBLL)

(OTCQB: TBLLF) owns 2 of the 10 past-producing mines in the Geraldton gold corridor, 4 claim groups,

of which 3 are situated in the Geraldton gold district of north-central Ontario (about 225 km NE of

Thunder Bay).

Geraldton offers optimal and installed infrastructure.

Holdings comprise 74 royalty-free

mining claims (60 fully owned patented claims, 5 leases, 9 mineral rights only). Of these, the 51-patented

claim Main Group is in the center of the Geraldton Gold District and straddles the Trans-Canada

Highway; the 5-claim Ellis Group lies 4 km south of the town of Geraldton; and the original Tombill Mine

group of 6-patented claims sits 10 km west-southwest of Geraldton. The Tombill Gold Mine produced

68,737 high-grade gold oz between 1938 and 1942 in the southeast corner of the claim group. The

Talmora Longlac Mine, located in the northeast of the Main Group property, was built in 1941, but saw

only minor production before closing in 1942 (1,406 gold oz). The Main Group borders on the property of

the under-construction Greenstone Mine, which will be one of Canada's largest gold mines with

production aimed for 2024.

Tombill Property Location Map

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For more information, please visit

www.tombillmines.com

, and contact:

Georgia Bevan

Investor Relations

Email:

[email protected]

Tel: +1 647 493 8270