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Golden Tag and Orix Initiate Geologic Interpretation Program to Enhance Understanding of San Diego Silver Project

Golden Tag Resources Ltd. (“Golden Tag” or the "Company") has initiated a Geologic Interpretation Program, in partnership with Orix Geoscience 2018 Inc. (“Orix”), designed to enhance the geological understanding of the Company’s 100% owned San Diego Project, one of the largest undeveloped silver projects in Mexico.

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 mineralization.

The Geological Interpretation Program 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 mineralization, which may have been previously unrecognized using the vein interpretation model, as well as incorporating the results from previously defined veins and the current 2021 exploration program into updated mineralized wireframes that can support future resource estimation modelling. A secondary objective of the program is to enhance future drill targets and tie together known zones.

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

The Geologic Interpretation Program has commenced and will continue until approximately Q3-2021.

Review by Qualified Person and QA/QC

The scientific and technical information in this document has been reviewed and approved by Bruce Robbins, P.Geo., a Qualified Person as defined by National Instrument 43-101.


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