Abriaqui Phase 2 drilling program. To date, the company has drilled 15 holes, representing over 7,000 meters of drilling during its Phase 1 and Phase 2 drilling programs in the northwestern portion of the property. Recall the company’s Phase 1 drilling program was completed in March 2021 and Phase 2 drilling commenced in April. Two main corridors of northwest (NWC) and east-west (EWC) trending veins have been delineated by mapping, soil sampling, ground magnetics, and diamond drilling. Phase 2 drilling will continue with four holes testing a series of northwest and east-west trending veins near the area already drilled.A second drill rig has been deployed in the southeast license area. This area has not been drilled and represents significant mineral resource potential. Specific targets in the southeast include a series of northwest and east-west trending gold bearing veins that are similar in scale to those in the northern group of concessions. A 600-meter-long soil anomaly with greater than 1 gram of gold per tonne in soil has been identified, and channel sampling in the southeast portion of the project has returned among the highest grade samples to date.Increasing resource potential expectations. Based on a small sample of drilling data from the Phase 1 drilling program, management formulated a preliminary minimum target resource model of 1.6 million to 2.4 million gold ounces. The company's current resource model incorporates only 4 of over 100 mapped veins in the project area.Rating is Outperform. We anticipate 2022 will be a catalyst-rich and productive year. With two drills now operating and assay turn-around times reduced due to the engagement of a new laboratory, we expect accelerated progress toward increasing the number of formally modeled veins to at least ten from four, along with greater potential for new discoveries. Read More >>