Intersections East Of The Moss Mine East Pit In Arizona

VANCOUVER - Elevation Gold Mining Corp. reported on the multi-phase infill and resource expansion drilling program at the Moss Mine in NW Arizona. Results are from infill drilling in the East Extension area to the east of the active East pit, and in the Gold Bridge area between the West and Center pits: Key Points, Moss Mine Drilling: Elevated gold and silver grades were intersected in the Moss vein and associated hanging wall stockwork down to depths of between 30 meters and 205 meters below the current surface along a strike length of almost 175 meters to the east of the East pit's eastern crest: Drillhole AR21-535R intersected 45.72 meters grading 1.17 g/t gold and 12.53 g/t silver, including 15.24 meters grading 2.54 g/t gold and 27.08 g/t silver, and including 6.10 meters grading 3.89 g/t gold and 43.43 g/t silver; Drillhole AR21-522R intersected 65.53 meters grading 0.94 g/t gold and 18.70 g/t silver, including 16.76 meters grading 1.94 g/t gold and 42.39 g/t silver; Drillhole AR21-524R intersected 16.76 meters grading 0.96 g/t gold and 10.61 g/t silver, including 4.57 meters grading 2.95 g/t gold and 23.60 g/t silver; and Drilling in the Gold Bridge area continues to intersect thick zones of significant stockwork vein-hosted gold and silver mineralization. Drillhole AR21-521R, drilled to the south, intersected 45.72 meters grading 0.40 g/t gold and 3.41 g/t silver, including 4.57 meters grading 0.94 g/t gold and 2.70 g/t silver from 7.62 meters downhole and a further 24.38 meters grading 0.42 g/t gold and 1.13 g/t silver, including 10.67 meters grading 0.72 g/t gold and 1.99 g/t silver from 86.87 meters downhole. Drillhole AR21-531R, drilled to the north, intersected 76.20 meters of stockwork mineralization grading 0.33 g/t gold and 2.48 g/t silver, including 6.10 meters grading 0.63 g/t gold and 1.20 g/t silver, and including 3.05 meters grading 0.94 g/t gold and 1.60 g/t silver, and including 7.62 meters grading 0.50 g/t gold and 5.70 g/t silver.

President, Michael G. Allen, said, "We are very excited about the expansion potential that is being demonstrated at the Moss mine through our infill-exploration drilling program. Continued intersection of thick zones of significant stockwork-hosted precious metal mineralization in the Gold Bridge area provide further support for the potential to amalgamate the West and Center pits into a single pit. The new drill results along almost 175 meters of the Moss vein system in the Eastern Extension area highlight the mine expansion potential to the east. We are planning an expanded drilling program for 2022, focusing on both resource expansion and exploration drilling."