Golden Buffalo Drilling Exploration Program Confirms Orogenic Gold Structure

VANCOUVER - Relevant Gold Corp. reported on the initial 3,500m drilling exploration program on its Golden Buffalo Project, located in the in the South Pass Gold Field, Wyoming. Highlights of the program include 1 meter (core length) of 83.8 g/ton Au in Hole 22GB-012 and 14 of 26 holes reporting anomalous gold (>0.1 g/ton Au). The results indicate that the Golden Buffalo Shear is a fertile orogenic gold structure and provides initial proof of concept that large scale Abitibi-style mineralization may exist in central Wyoming.

The holes are from the 2022 Golden Buffalo exploration program which are the first efforts to identify district-scale orogenic gold opportunities in the long underexplored central Wyoming Gold Belt. High-grade gold has long been known from the region, but only recently have a series of major Archean shear zones been recognized as hosting this gold. This indicates modern exploration concepts of "orogenic gold", such as those developed in the prolific Canadian Abitibi Gold Belt (>200 million ounces of gold production) can be applied in the region. Importantly, recent plate tectonic studies suggest that Wyoming was connected to the Abitibi Gold Belt at the time of mineralization and was later rifted apart to its present position. This increases the potential that the multiple shears identified to date in the Company's 15,095 hectare land package should have excellent potential for a major gold discovery. These shears are being systematically mapped and sampled, with initial results expected soon.

"These exciting results confirm gold mineralization and Abitibi-style alteration are indeed associated with large-scale shear structures cutting the property. The high-grade gold in 22GB-012 proves that gold mineralization continues to depth, confirming that our Abitibi-style gold mineralization model is appropriate for the project," said Robert Bergmann, CEO. "We are very excited with these results and look forward to combining them with our regional mapping and sampling to target the multiple Golden Buffalo-style shear zones we've mapped traversing the claim package. We eagerly anticipate drilling some of these shears in our 2023 work program."