The Untold Story of Saint Robert's: A Legacy of Gold, Silver Tungsten and More

(TheNewswire)

February 18 th , 2025 – TheNewswire - Vancouver, BC, Canada – Leopard Lake Gold (Symbol: CSE:LP)

Alluvial gold and silver-tungsten-bearing veins havebeen known to occur in this  region since the early 19th century.Among these, the Saint Robert’s showing holds  a unique distinction"it was the first recorded occurrence of free scheelite tungsten in Canada”. Despite this early discovery, serious exploration didnot commence  until the 1950s, when Saint Robert’s MetalsCorporation (1951–1958) undertook an  extensive program todelineate the mineralized veins.

Their work confirmed a significant presence ofscheelite-bearing veins at the  surface and precious metalmineralization at depth. Notable historical drill  intersectionsincluded:

• 400,86 g/tAu over 0.305 meters

• 334,52 g/tAu and 186,54 /t Ag over 0.27 meters

• 708,73 g/tAu and 164 g/t Ag over 0.0914 meters

Two underground working the Lacombe Adit and the3,500-foot-long Lee Tunnel were driven to explore these rich zones.The Lee Tunnel aimed to investigate three  mineralized zonescontaining gold (Au), lead (Pb), zinc (Zn), bismuth (Bi), silver (Ag),  and tungsten (W). To the SaintRobert’s Metals team’s surprise, they encountered a tungsten-mineralized porphyry intrusion, previously believed to bebarren. A 200- pound bulk sample from this discovery yielded 0.60% WO? pertonne , confirming  its economic significance.In 1958, the site briefly transitioned into a tungsten mine,

and a preliminary reserve estimate, based on drill dataand underground drift  sampling, suggested a substantialmulti-element deposit extending to depths of  approximately 100 meters.

A Project Abandoned, but NotForgotten

Despite its promising potential, mining operations atSaint Robert’s were abruptly  halted in 1958. Several factors ledto this decision:

1. The Lee Tunnel, meant to reach high-grade goldzones, was abandoned  before hitting its target.

2. Weak ore recovery methods hindered economicfeasibility.

3. Rising energy costs made production unsustainable.

Subsequent exploration efforts by Nouvelle Mining(1970–1974) and J.A.G. Mines  (1977–present, in joint venturewith Leopard Lake Gold Corp.) focused on unlocking  the site’sprecious metal potential. However, neither company managed to reproduce the exceptional drilling results reported by SaintRobert’s Metals  Corporation. The most significant intersectionsrecorded during J.A.G. Mines’  intensive 1980–1984 explorationincluded:

• 1048,93 g/tAg and 8.8% Zn over 0.366 meters

• 788,11 g/tAg and 3.16% Pb over 0.64 meters

A New Era of Discovery (2022–2025)

The latest geophysical studies conducted in 2022 haverenewed excitement around  the Saint Robert deposit. With an advancedunderstanding of the site’s structural  complexity, Leopard LakeGold Corp. (LLGC) is taking the helm in 2025 to conduct a  new phaseof exploration.

Recent data suggests that the deposit is structured asa mega-anticline , where  mineralized quartz veins and granitoid dykescorrespond to extension veins along  its crest. The faulted anticlineappears to be intruded by a probable buried  granodiorite outcrop,evidenced by:

• A strong, oriented magneticanomaly

• A surrounding metamorphicaureole

• A well-defined geochemicalalteration halo

Two groundbreaking geophysical surveys—ElectricResistivity Tomography (ERT)  and Audiomagnetotelluric &Gravimetry—were first tested in 2012 and later applied  across thedeposit area in 2022. These studies revealed numerous chargeability anomalies at shallow depths, spatially associated with the tops ofresistive features  indicative of potential granitic intrusions.Interestingly, these anomalies resemble  characteristics of porphyry-type depositmodels , suggesting an untapped mineralization potential far beyond previousestimates.

The Road Ahead: 2025 Drilling Program

LLGC’s exploration team is currently compiling,analyzing, and reinterpreting all  geological and geophysical data torefine the structural model of this polymetallic  deposit (W, Bi, Ag,Pb, Zn, Cu, Au). The upcoming 2025 drilling program will target  themost promising shallow chargeability anomalies, aiming to uncover what generations of explorers have sought—an economic, multi-elementdeposit of  extraordinary significance.

The story of Saint Robert’s is far from over. Whatbegan as a modest discovery in the  19th century is now on the brinkof a new chapter—one that could redefine its place  in Canada’smining history.

‘’ The best place to find a new mine … is in theshadow of a shaft," remarks Daniel  Belanger, the newlyappointed CEO.’’ We have many mining projects like this, for example, : Canadian Malartic… which became one of the largest goldmines in  Canada after several underground operations from the 1930sto the 1960s. We are  eager to carry out more fieldwork to find whatmight be Canada's next tungsten  mine using the most up-to-dateexploration technology and knowledge available  today. The price oftungsten is gradually rising as a result of China's recent restrictions on the export of refined tungsten. We are eager todrill the project and  will actively pursue our field ‘’

Qualified Person

The scientific and technical information containedherein has been reviewed and approved by Alexandr Beloborodov, P.Geo., an independant consultant that is a “Qualified Person” asdefined in National Instrument 43-101 - Standards of disclosure forMineral Projects.

About Leopard Lake Gold Corp.

Leopard Lake is engaged in the business of mineralexploration and the acquisition of mineral property assets in Canada,including the St. Robert property, which is comprised of 251 miningclaims in the southern Beauce region, approximately 146 kilometressouth of the Quebec city airport.

On Behalf of Leopard Lake GoldCorp.

Daniel Bélanger

Chief Executive Officer and President

For further information, pleasecontact:

Daniel Bélanger

Chief Executive Officer and President

(418) 933-3443

Forward-Looking Statements:

This news release contains forward-looking statementsand forward-looking information (collectively, "forward lookingstatements") within the meaning of applicable Canadian and U.S.securities legislation.  Forward-looking statements includepredictions, projections and forecasts and are often, but not always,identified by the use of words such as "seek","anticipate", "believe", "plan","estimate", "forecast", "expect","potential", "project", "target","schedule", "budget" and "intend" andstatements that an event or result "may", "will","should", "could" or "might" occur or beachieved and other similar expressions and includes the negativesthereof.   All statements other than statements of historical factincluded in this release, including, without limitation, statementsregarding the exercise of the incentive stock options, are forwardlooking statements that involve various risks and uncertainties. There can be no assurance that such statementswill prove to be accurate and actual results and future events coulddiffer materially from those anticipated in such statements. Forward-looking statements are based on a number of material factorsand assumptions.  Important factors that could cause actual resultsto differ materially from the Company's expectations include actualexploration results, changes in project parameters as plans continueto be refined, results of future resource estimates, future metalprices, availability of capital and financing on acceptable terms,general economic, market or business conditions, uninsured risks,regulatory changes, defects in title, availability of personnel,materials and equipment on a timely basis, accidents or equipmentbreakdowns, delays in receiving government approvals, unanticipatedenvironmental impacts on operations and costs to remedy same, andother exploration or other risks detailed herein and from time to timein the filings made by the Company with securities regulators. Although the Company has attempted to identify important factorsthat could cause actual actions, events or results to differ fromthose described in forward-looking statements, there may be otherfactors that cause such actions, events or results to differmaterially from those anticipated, including, without limitation,risks relating to epidemics or pandemics such  There can be noassurance that forward-looking statements will prove to be accurateand accordingly readers are cautioned not to place undue reliance onforward-looking statements.

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