Karus Gold Reiterates Lower Zone Drill Results at FG Gold Project

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As Karus Gold approaches its public listing, we would like to reiterate Karus’s high-grade drill results that discovered the “Lower Zone” at its FG Gold Project in the Cariboo Gold District of British Columbia.

While assays are still pending for 14 holes, the results from last year’s drill program open the underground potential for FG Gold over more than 3.6 km’s of mineralized strike.

Of particular interest is hole FG-20-377 which intersected 6.44 g/t gold over 14.35 meters and hole FG-20-369 which returned 3.9 g/t gold over 10.0 meters.

Of the 14 holes to be released, 10 of the holes intersected the new Lower Zone over 1.7 kms of strike, in which 7 of these holes intersected visible gold.

Karus Gold President & CEO, Andrew Kaip, states, “Results to date on the 2020 drill program highlight the discovery potential with the identification of the Lower Zone at FG Gold. This new discovery, along with the potential for even more promising exploration results, is what excites me about the prospects for Karus Gold. Stay tuned for more.”

The FG Gold Project and the larger South Cariboo Gold Project remains under-explored along a 20-kilometre trend, providing many opportunities for resource expansion and new discoveries on strike and downdip.

Additional pictures, maps, cross sections and complete results to date can be found at the KARUS website

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