Continued Intersections At The Santa Maria Property

VANCOUVER - Fabled Silver Gold Corp. reported the results of surface diamond drilling from the upgraded 14,400 -meter drill program on the "Santa Maria" Property in Parral, Mexico.

SM20-47: Definition Diamond Drill Hole SM20-47 was drilled at a dip or angle of -66 degrees for a planned total drilled length of 200 meters but actual drilled meterage was 188 meters and was designed to hit the targeted Santa Maria Footwall structure at approximately -150 meters below surface.

Before intercepting the targeted Santa Maria Structure, a newly discovered mineralized hydrothermal breccia was intersected from 143.2- 144.2 meters which graded 162.08 g/t Ag Eq over the 0.95 meters. The main target which was the the Santa Maria footwall structure was intercepted from 156.30 - 169.40 meters where the entire 13.10 meters reported 98.31 g/t Ag Eq which many higher-grade intercepts are contained within including 6.10 meters grading 176.99 g/t Ag Eq; 4.65 meters grading 192.16 g/t Ag Eq, 1.50 meters returned 299.51 g/t Ag Eq and 338.71 g/t Ag Eq over 1.25 meters.

The 13.10-meter Santa Maria Footwall structure was composed of alternating zones of mineralized hydrothermal breccias within a porphyritic diorite dike host rock which has fine disseminated sulphides.

Hole SM20-47 was not only successful in determining the exact location of the mineralized Santa Maria footwall structure but more importantly filled in the resource gap with a 13.10 meter mineralized intercept which will help build out the ounce category in this area.

Definition diamond drill hole SM20-48 is located approximately 25 meters to the east and designed to test the structure horizon at -275 meters and in-fill the lack of drill pierce points into the structure at this depth.