Zodiac GOLD Completes Pre - Drilling Mapping and Sampling Program at Alasala Highlights Include 33 G/T Au and 32.2 G/T Au from Surface Mapping an D Pit Sampling
ZODIAC GOLD COMPLETES PRE - DRILLING MAPPING AND SAMPLING PROGRAM AT ALASALA
HIGHLIGHTS INCLUDE 33 g/t Au AND 32.2 g/t Au FROM SURFACE MAPPING AN D PIT SAMPLING
Toronto, ON , May 28 , 2024 - Zodiac Gold Inc. (“ Zodiac Gold ” or the “ Company ”) (TSX.V: ZAU ) , a West - African
gold exploraƟon company, is pleased to announce highly successful results from its recently completed Pre -
Drilling Surface Mapping and Sampling Program at its Alasala target, part of the Company ’ s flagship Todi Project
situated in the Republic of Liberia , West Africa .
Alasala is the Company’s next drill target with a continuous and well defined 2.0 km long mineralization trend
delineated by soil sampling, trenching, channel sampling , auger drilling , and extensive artisanal workings with
visible gold. Zodiac Gold has previously completed significant exploration work at the Alasala target including:
Drilling Highlights: 19.6m at 6.17g/t Au, 6.0m at 7.69 g/t Au, and 9.0m at 4.46 g/t Au;
Trench Highlights: 14m at 1.35 g/t Au, 30m at 0.35 g/t Au, 6m at 1.24 g/t Au, and 14m at 0.48g/t Au;
and
Rock Chip samples of up to 107 g/t Au.
The objective of the Pre - Drilling Program was to compile all surface data, exposed shear zones, and hard rock
artisanal gold mining sites with exposed shear zones, along with historical data. T his information will be used
con f i rm the forthcoming diamond drilling operations.
2024 Pre - Drilling Mapping and Sampling Program
A total of 17 rock - chip samples and 59 channel samples were collected during the sampling program from
exposed shear zones observed within arƟsanal mining fields and pits. Highlights of the rock chip sampling
results include 33.00 g/t Au and 32 . 30 g/t Au at the Mandingo Hill Zone and highlights of channel sampling
results include 1.14 g/t Au at 6m including 1.96 g/t Au at 3m at Mandingo Hill zone.
Map - 1: Compilation map of the Alasala Target, featuring highlights from the recent mapping and sampling
program along with historical results.
Figure - 1: Sheared and Sulphide bearing rock samples from arƟsanal mining pits. MSRCS001: 33.00 g/t Au (from
Mandingo Hill Zone) , LPRCS001: 5.09 g/t Au and LPRCS002: 5.49 g /t Au (Lion Hill Zone)
Figure - 2: View from arƟsanal mining pits from Lion Hill Zone where shear zones exposed
The Alasala target area is underlain by gneissic rock assemblages and amphibolitic rocks, intersected by NW -
SE trending Todi Shear zone structures. These structures mark potentially favorable conditions for the
formation of orogenic gold deposits, as observed in arti sanal mining pits. Mapping recognized and confirmed
several large arƟsanal mining areas of intense shearing and alteraƟon with s ulphide occurrences . These sites
will be immediate target for the next drilling campaign to test for gold mineralizaƟon under neath. The Results
of the sampling program indicate significant potenƟal for a large orogenic gold mineralizaƟon system .
Table - 1: Significant results from rock chip sampling at Alasala
UTM WGS84 - 29N
Sample ID Easting Northing Au (g/t) Target/Zone
LPRCS001 307940 730108 5.09 Lion Hill
LPRCS002 307940 730108 5.49 Lion Hill
LPRCS006 307957 730151 2.77 Lion Hill
LPRCS009 307957 730151 1.18 Lion Hill
MFRCS001 307829 729171 0.99 Mamie Field
MFRCS002 307813 729102 0.71 Mamie Field
MSRCS001 307484 729239 33.00 Madingo hill
MSRCS003 307483 729156 32.30 Madingo hill
Table - 2: Summary of significant results from channel sampling at Alasala
UTM WGS84 - 29N
Target/Zone Easting Northing Average Au (g/t)
Mandingo Hill 307491 728961 [email protected] g/t Au
Mandingo Hill 307511 728842 [email protected] g/t Au, including [email protected] g/t Au
Mamie Field 307820 729181 [email protected] g/t Au
Mamie Field 307649 728835 [email protected] g/t Au, including [email protected] g/t Au
The successful compleƟon of the Pre - Drilling Surface Mapping and Sampling Program marks a significant
milestone for Zodiac Gold. The program has provided crucial insights into the geology and mineralizaƟon of the
Alasala target, further validaƟng its po tenƟal as a high - grade gold prospect.
"We are thrilled to report the posiƟve results from our Pre - Drilling Surface Mapping and Sampling Program at
the Alasala target," commented David Kol, President & CEO of Zodiac Gold. "The findings reinforce our
confidence in the prospecƟvity of Alasala and will help us design an effecƟve drilling program ."
Moving forward, Zodiac Gold remains commiƩed to advancing exploraƟon acƟviƟes at the Alasala target, with
plans to leverage these encouraging results to guide future drilling iniƟaƟves. The Company is confident that
the insights gained from the progr am will play a pivotal role in unlocking the full potenƟal of the Alasala target
and further enhancing shareholder value.
QA/QC Protocols and Sampling Procedures
S ampling was undertaken by Zodiac Gold's Liberian exploration team, supervised by senior staff members of
the Company. All samples met the standards for adequate chain of custody without the opportunity for third
party access from the field to the preparati on laboratory in Yamoussoukro, Ivory Coast, and then onward to
the ALS analytical laboratory in Burkina Faso. Sample preparation was performed by ALS in Yamoussoukro.
The entire sample was dried and then crushed to 70% passing 2 millimeters and a representative split was
taken by riffle splitting. The 1,000g split was then pulverized up to 85% passing 75 micron and the required
pulp mass of ~200g was bagged and labelled for analysis; with the remainder being stored. Analysis was
performed by ALS at their laboratory in Burkina Faso by fire assay with atomic absorption finish with a 50g
charge.
In addition to the laboratory's quality control program, a rigorous quality assurance and quality control
program was implemented by the Company involving the insertion of blanks, standards and duplicates to
ensure reliable assay results. Laboratory standa rds and QA - QC are monitored by the Company.
About Zodiac Gold
Zodiac Gold, Inc. (TSX.V:ZAU) is a West - African gold exploration company focused on its flagship Todi Project
situated in Liberia — a n underexplored, politically stable, mining - friendly jurisdiction hosting several large -
scale gold deposits. S trategically positioned along the fertile Todi Shear Zone, Zodiac Gold is developing a
district - scale gold opportunity covering a vast 2,316 km 2 land package. The project has undergone de - risking,
showcasing proven gold occurrences at both surface and depth, with five drill - ready targets and high - grade
gold intercepts.
Qualified Person
Efdal Olcer, Vice President of Exploration at Zodiac Gold, is a member of the Society of Economic Geologists,
Geological Society of London, Australian Institute of Geoscientists, the Society of Geology Applied to Mineral
Deposits, and the Turkish Association of Economics Geologists and a Qualified Person as defined by NI 43 -
101. He has reviewed and approved the technical and scientific information provided in this release.
For further information, please visit the Zodiac - Gold website at www.zodiac - gold.com or contact:
David Kol,
President & CEO
1 702 - 296 - 1156
info@zodiac - gold.com
Neither 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 this release.
Forward L ooking I nformation
This news release includes certain “forward - looking statements ” within the meaning of Canadian securities
legislation.
Forward - looking statements include predictions, projections, and forecasts and are often, but not always,
identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “forecast”,
“expect”, “potential”, “project”, “target”, “s chedule”, “budget” and “intend” and statements that an event
or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and
includes the negatives thereof. All statements other than statements of historical fac t included in this
release, including, without limitation, statements regarding the Company’s planned exploration programs
and drill programs and potential significance of results are forward - looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in such statements. Forward - looking
statements are based on a number of material factors and assumptions. Important factors that could cause
actual results to differ materially from Company’s expectations include actual exploration results, changes
in project parameters as plans continue to be refined, results of future resource estimates, future metal
prices, availability of capital, and financing on acceptable terms, general economic, market or business
conditions, uninsured risks, regulatory changes, defects in title, availability of perso nnel, materials, and
equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals,
unanticipated environmental impacts on operations and costs to remedy same, and other exploration or
other risks detailed herein and from time to time in the filings made by the Company with securities
regulators. Although the Company has attempted to identify important factors that could cause actual
actions, events, or results to differ from those described in forward - looking stat ements, there may be other
factors that cause such actions, events, or results to differ materially from those anticipated. There can be
no assurance that forward - looking statements will prove to be accurate, and accordingly readers are
cautioned not to pl ace undue reliance on forward - looking statements.