Exploration Update at the Shabu Project

VANCOUVER - Taura Gold Inc. reported on exploration update at the Shabu Project located in the Birch-Uchi greenstone belt, approximately 80 km northeast of Red Lake. The Company is in advanced stages of planning a summer 2022 work program to investigate multiple target areas at the property. The 2022 work program will include prospecting, geological mapping and sampling. Additional details of the upcoming work program will be provided as it is finalized.

Recent work at the property includes a soil sampling campaign completed in 2020 by Taura Gold, along with an airborne VLF-EM survey completed in 2020. and a high-resolution helicopter magnetic survey completed in 2019. The recent exploration data has been used in conjunction with historically defined gold mineralization to identify multiple areas of interest at the property which will be investigated in the 2022 program.