Multiple Kilometer Length High Grade Epithermal Gold Zones Identified At Gilbert South

VANCOUVER - Eminent Gold Corp. reported positive results from its first phase surface exploration program at its Gilbert South project, located approximately 71 kilometers (km) west of the town of Tonopah, Nevada within the Walker Lane trend. Eminent's technical team identified six target areas making the majority of the property (and rock column prospective for epithermal gold and silver mineralization. The primary target areas are the Pretty Boy/East Bound fault zone, Ohio fault zone, and Bighorn fault zone, all of which yielded multi-gram gold in rock samples. In the southern region of the property, the north – south trending Pretty Boy and East Bound fault zones have both mapped strike lengths of 2.5 km and returned values up to 30.7 g/t gold and 30.6 g/t gold, respectively. The Ohio fault zone located in the northern region of the property contains historical rock samples up to 8.4 g/t gold where veins are exposed at the terminus of a 1 km long fault zone.

Paul Sun, President and CEO, said, "The results from our first phase of work at Gilbert South are very encouraging. We are confident that the results indicate mineralization occurs both laterally and vertically across the entire property. We look forward to prioritizing our drill targets in the next phase of work as we look to rapidly advance the project to drill stage."

Work by the Company has focused on the three high-priority targets which were the focus of historic mining and are spatially associated with the highest temperature and most robust alteration anomaly across the property. Coincident with this alteration is a large ammonium (NH4+) anomaly, a unique chemical footprint known to mark the location and existence of a deep-seated hydrothermal pathway and often occurs in close proximity to gold mineralization at epithermal deposits such as Waihi in New Zealand (8 Moz) and Hollister (425 Koz) in Nevada. Based on these results the Company has staked an additional 150 hectares and plans to conduct a geophysical survey across the entire property to refine the geologic model and individual targets prior to the 2022 drilling season.