VANCOUVER, BC – April 5, 2021 – Gambier Gold Corp. (TSX-V: GGAU) (the “Company”) is pleased to announce it has recently commenced its inaugural exploration program, consisting of the first stage of deep glacial till sampling by sonic drilling on its Detour West property (“Detour West” or, the “Project”) in northern Ontario. In addition, the Company has increased its mineral tenure at Detour West from an initial 23,849.76 hectares to a current total of 39,217.71 hectares. This represents an increase of 64.4 % in the company’s now nearly 400 square km land holdings directly adjacent to Kirkland Lake Gold’s Detour Lake property on the Detour-Fenelon Gold trend.
The sonic drills are mobilizing to the project and expected to begin deep sampling of the overlying glacial till sediments and into bedrock surface this week. Earth Drilling Co. Ltd. of Calgary, Alberta was selected based on their experience and adequate, low-impact equipment for the terrain and deep glacial sediments at Detour West. Innis Transport, an experienced, locally-owned and operated Moose Cree First Nations company, will be employed to support the sonic drilling program. Innis Transport will provide heavy equipment and operators to produce drill site access trails, conduct road maintenance and provide logistical support to the drilling and sampling program.
ON BEHALF OF THE BOARD
Michael E. Schuss
President & CEO
For further information, please contact:
Gambier Gold Corp.
Phone: (604) 241-2254
Forward-Looking Statement (Safe Harbor Statement): This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words “anticipate”, “plan”, “continue”, “expect”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “predict”, “potential” and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning the Company’s exploration plans. Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.
Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company’s future operations. The Company’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise.
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