McFinley Zone Exploration Program Intersects High-Grade Mineralization

TORONTO - Battle North Gold Corporation reports chip sampling results and assay results from the confirmatory drilling program at the McFinley Zone. The drilling program at McFinley Zone (84 m and 122 m Levels) is focused on confirming historical drilling and potentially defining mineral resource estimates.

President and Chief Executive Officer George Ogilvie, said, "The initial results from confirmatory drilling at the McFinley Zone provides us with more confidence of the potential to source future incremental mill feed from the McFinley and the Pen Zones (targets that form part of the String of Pearls) to augment the Bateman Gold Project's anticipated production profile. The results from drilling and chip sampling of mine workings at the McFinley Zone appear to confirm the historically identified areas of mineralization within the banded-iron formation (BIF) and basaltic units. The high-grade intercepts encountered in the drilling, signal the upside potential of the McFinley Zone. Work is ongoing, such as metallurgical testing, to further understand the McFinley Zone mineralization and how mining and milling techniques may be applied. In 2017, we performed exploratory drilling in an area at depth from the 685 m Level and roughly 550 m down-dip from the McFinley Zone known mineralized envelope3. We intersected gold mineralization within both the basaltic and BIF units, which demonstrate the potential down-dip extension of the McFinley Zone and warrants follow-up drilling. We are confident that the data collected will support an NI 43-101 mineral resource estimate at the McFinley Zone, which is due in the fourth quarter of 2020."