Arctic Hunter Announces the Completion of a National Instrument Ni 43-101 Technical Report ON the Trans Canada GOLD Project/ Dinorwic GOLD Property ____________________________________________________________________________________
ARCTIC HUNTER ENERGY INC.
Suite 1200 - 750 West Pender Street ∙ Vancouver ∙ British Columbia ∙ V6C 2T8
Telephone: (604) 681-3131
NEWS RELEASE
October 6th, 2020 TSX-V Trading Symbol: AHU
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ARCTIC HUNTER ANNOUNCES THE COMPLETION OF A NATIONAL INSTRUMENT NI 43-101 TECHNICAL
REPORT ON THE TRANS CANADA GOLD PROJECT/ DINORWIC GOLD PROPERTY
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VANCOUVER, B.C. – Arctic Hunter Energy Inc. (TSX -V: AHU) (“ Arctic Hunter ” or the “ Company”), is
pleased to announce that the Company has completed a comprehensive technical report on its Trans
Canada Gold Project (Dinorwic Gold Property), a district scale gold property located near Dryden,
Ontario, Canada (the “Property”). The Trans Canada Gold Project comprises a 14,880-hectare area
located to the northwest of Dryden, Ontario. These areas collectively comprise the Trans Canada Gold
Project and encompass a contiguous area of 14 ,880 hectares. Exploration activities for the entire
project area are expected to be fully permitted for 2020-2021 field seasons.
The NI -43-101 was prepared jointly by Colin Bowdidge, P h.D., P. Geo and Derrick Strickland, P.Geo .
The Technical Report provides a comprehensive description of the Dinorwic Gold Property including
previous work, geology and mineralization and also makes recommendations for further work on the
Property. A copy of the Technical Report will be filed on the SEDAR website at www.sedar.com., in the
near future.
Trans Canada Gold Project/The Dinorwic Gold Property - District Scale Gold Target
The Dinorwic Property consists of 741 non -surveyed contiguous mineral cell claims totaling 14,880
hectares located within the Kenora Mining Division of Ontario. The P roperty is located within the
Wabigoon Greenstone Belt, which also contains the Thunder Lake Gold deposit and the Goldlund Gold
Deposit. The Property contains a number of large shear zones containing quartz carbonate veins,
pyrite and arsenopyrite, underlain by mafic volcanics with felsi c volcanics in the south. There is a large
regional scale iron-carbonate alteration within the property, which is considered to be similar to that of
the Red Lake Mining Camp. The regional scale iron -carbonate alteration within the Property is
associated with shear zones in iron-tholeiite and are prime targets for gold exploration.
A number of exploration targets have been identified within the property based on their association
with regional alteration, known gold showings, shear zones, complex patterns and offsets in the
regional magnetic map as well as spatial association with regional structures. The figure below has
highlighted the eight initial gold exploration targets identified within the Property. (Map below).
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Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined by National Instrument 43 -101, has
reviewed and approved of the technical information disclosed in the news release.
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ABOUT ARCTIC HUNTER – GOLD MINERAL EXPLORATION /OIL AND GAS PRODUCTION
The Company is a Canadian Gold and Mineral exploration and Oil & Gas Resource Development
Company, that is currently focused on acquiring and developing its’ District Scale Gold exploration
project in Ontario, and increasing its oil and gas production capabilities, and obtaining potential future
oil production revenues. The Company is focused on identifying , acquir ing and financ ing gold
exploration properties and the ongoing development of mining and oil and gas assets primarily situated
in Canada, a safe resource exploration jurisdiction. The Company is currently reviewing a number of
District Scale gold mineral exploration property opportunities, and identifying low risk exploration
opportunities with potential for selective acquisitions and the development of mining exploration
assets situated in these favorable resource jurisdictions. The Company has qualified senior exploration
management and Geological Mining teams of professionals, seasoned in gold production, field
exploration and drilling. The Company has the necessary manpower in pl ace to develop its natural
resource properties and manage its production properties. The Company is committed to minimizing
risk through the selective property acquisitions, and responsible exploration and development of
mining, and petroleum and natural gas resource assets.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO
Arctic Hunter Energy Inc.
Tel: (604) 681-3131
Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the
Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.