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Big Gold advances exploration at Tabor Project near Shebandowan

Aug 9, 2023

"We have now defined over 30 targets for continued exploration at the Tabor Project," commented President and CEO Scott Walters. "Phase 2 will focus on historic drilling and gold occurrences within the Project's gold trend, including the East Divide and Cornell areas. With boots on the ground, we are utilizing comprehensive geological tools to identify high-quality targets and are eager to commence our inaugural drill program in the Shebandowan Greenstone Belt."

Big Gold Inc. has announced that following a successful Phase 1 exploration, high-priority historical targets have been selected as part of the second phase of the 2023 exploration program at the Tabor Project in the Shebandowan Greenstone Belt northwest of Thunder Bay. Phase 2 exploration includes 32 targets  recently identified through historical desktop work and located along trends with historical high-grade gold drilling results including drill hole RS-83-01, which intersected 0.76 m of 24.30 g/t Au, 65.10 g/t Ag, 0.82% Cu, and 3.68% Zn.

Phase 2 Plan for Priority Targets

  • Surface Exploration: Preparations are underway for field visits to defined targets for mapping and sampling of outcrops.

  • Re-logging and Sampling Historic Core: Identified historic drill core will be reviewed and infill sampled, providing high value at low cost.

  • IP Survey: Plans are in place to conduct IP surveys, aiding in further exploration and drill target definition.

  • Drill Program: Leveraging data from the summer field program, the Company will refine drill targets and build a database to expedite exploration success.

About the Tabor Project

Tabor is adjacent to the east along trend of the Moss Project of Goldshore Resources Inc. that hosts a current inferred resource of 6 million ounces (grading 1.2 g/t Gold) at the Moss Lake Gold deposit* (see Figure 1) and is located approximately 20 km to the west of the Delta Resources Delta 1 Project*.

Gold mineralization on the Project is reportedly associated with quartz veins, shearing and sulphides including pyrite, pyrrhotite, sphalerite and chalcopyrite. Geological host rocks include mafic volcanics, sericite schists, felsic porphyry units and chemical sediments. Gabbro, sericite schist and bedded sediments are also reported to outcrop on the Project. Geological and mineralization characteristics on the property are similar to those found on some of the Company's neighbours properties including Goldshore Resources Inc.'s high-profile Moss Gold Project where 2.17 g/t Au over 50.35 metres was intercepted during their recent drilling and at the Delta Resources' Delta-1 Gold Project where they recently reported a drill intercept of 1.29 g/t gold over 97 metres (See Figure 2).

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