Poly-metallic Fad Project Drill Program Scheduled

TORONTO - Christina McCarthy, President, and CEO of Paycore Minerals Inc. stated, “We recently announced the completion of the C$18.4 million bought deal financing, upsized from $8 million, and are now fully-financed to execute our current exploration program on the FAD Project located on the Battle Mountain-Eureka Gold Belt in Nevada. We will continue to focus drilling on the FAD Main Zone which contains the historic resource.  Additionally, we will allocate exploration drilling along the untested Jackson Fault. The historic core re-logging program is also well underway.  We discovered nearly 20 holes of historic core which were drilled in the 1950's and 60's. We are currently analyzing every core box to determine if there are any zones of interest.”

Drilling will commence next month targeting approximately 16,000 meters on the FAD Main Zone as well as the newest target, the Jackson Fault.  Drilling will utilize reverse circulation, pre-collar and/or directional drill methods to reduce overall costs and reach the intended targets with minimal deviation.  The historic review program will run concurrent to the exploration program which includes; the relogging of core previously drilled by Hecla Mining in the 1950's and 60's and assay sampling in particular zones of interest.  

The FAD Project consists of the Main Zone and Upper FAD, both located on private or patented claims.  Drilling on the FAD Main Zone will focus on both definition and step.