stock BAU.V header - 2024-03-21

TSXV: BAU

Market Price: $0.16

stock BAUFF header - 2024-03-21

OTC: BAUFF

Market Price: $0.14

FSX: 5WP0

Market Price: $0.09

Exploration

2022 Exploration Program

The 2022 program entailed a multi-prong exploration effort across the Ulu, Hood River, and Roma projects with two key focuses: infill and expansion drilling, and pipeline target review and development throughout the Company’s highly prospective landholdings.

2022 Drill Program Results Highlights:

  • 15.00 g/t gold over 17.65 m, including a 6.00 m interval of 25.74 g/t gold from DD22-FLO-002. This represents the highest value (grams gold x width metres) of all intercepts drilled by the Company
  • 6.52 g/t gold over 17.4 m, including 9.96 g/t over 6.3 m; in DD22-FLO-001
  • 8.18 g/t gold over 4.2 m, including 13.53 g/t over 2.19 m starting at 94.08 m downhole; in DD22-MSK-005
  • 8.50 g/t gold over 2.4 m, including 20.10 g/t over 0.60 m starting at 124.24 m downhole; in DD22-MSK-001
  • 4.41 g/t gold over 10.42 m, expands a shallow Flood zone hanging wall zone; in DD22-FLO-006
  • A total of 3,700 metres of NQ diamond drilling in 25 holes was completed across four key target areas during the program, including the Flood Zone, the Axis Zone, the Gnu Zone and the Central-C Zone
  • A 3,055 line-km airborne magnetics survey was completed, providing complete coverage over the Company’s extensive landholdings
    • Included 1,690 line km at 50 – 100m line spacing flown over the entire Roma landholdings, and 1,365 line kms at 50m line spacing flown over the entire Ulu lease and Hood River concession that was not previously conducted in the 2021 survey
  • A regional till sampling program on the Roma Project
  • 58 of the >100 showings in the target pipeline were reviewed, prospected, and/or mapped outlining priority target areas identifying numerous high-grade gold showings (see Target Pipeline Map below):
    • Bouncer trend (~1,500 metres W of Flood Zone deposit)
    • Zebra-Dagg corridor (~1,800 metres NNW of Flood Zone deposit)
    • Gravy trend (~5,500 metres ESE of Flood Zone deposit)