While initial drill results from the first three drill holes of the 2020-21 exploration campaign have confirmed our previous understanding of the deposit, they have also identified the potential for near-surface open-pit style skarn mineralisation.

The geological interpretation programme will encompass a comprehensive review by Orix, overseen by Golden Tag's QP, Bruce Robins, of the lithology, alteration, structure, and assay datasets to understand the controls at the San Diego project. Furthermore, this new understanding will be integrated into a Leapfrog model.

The primary objective of the interpretation is to better define locations of broad zones of skarn mineralisation, which may have been previously unrecognised using the vein interpretation model, as well as incorporating the results from previously defined veins and the current 2021 exploration programme into updated mineralised wireframes that can support future resource estimation modelling.

A secondary objective of the programme is to enhance future drill targets and tie together known zones.

Greg McKenzie, president and CEO said: "We look forward to working with Orix's strong team, to jointly enhance the geological model, which to date was generated from the exploration programmes performed from 2006-2012. The new understanding of the broad zones of skarn style mineralisation will helping to locate future drill targets, explaining the results to investors, and integrating results into future mineral resource updates."

The geologic interpretation programme has commenced and will continue until approximately Q3-2021.