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Warrior Gold Announces Commencement of High-Resolution Survey at Kirkland Lake Gold Camp Properties

Warrior Gold Inc. is pleased to announce that the high-resolution airborne magnetic and LiDAR Survey will commence within the next few days at its Kirkland Lake Gold Camp properties.

A high-resolution regional (approximately 3,400 line-kilometres) triaxial magnetic, VLF and LiDAR survey across the KLC/Arnold and KLW project areas will be completed by GoldSpot Discoveries Corp.'s ("GoldSpot") Geophysical Services division (see September 21, 2021 news release). This high-resolution survey will utilize their newly developed M-PASS system. The M-PASS platform consists of a triaxial magnetic gradient magnetic/VLF platform, 2048 channel radiometric sensor along with a high-precision LiDAR sensor and high-resolution cameras capable of producing four-band imagery which is used to collect the magnetic and VLF data sets, LiDAR and orthophotos.

The data sets collected by this survey will provide Warrior Gold with the geophysical and topographic information that will be useful to advance the regional structural interpretation and analysis of the newly acquired and prospective KLW and KLC/Arnold land packages. Follow-up work will include the ground truthing of geophysical and mineralized structural targets identified by the compilation of these data sets.

Field work, prospecting, geological mapping and sampling will also start in the first week of June with the objective to follow up mineralized targets identified from the Company's research into the government archives on its recently acquired KLW and KLC/Arnold properties.

Warrior Gold also announces the filing of an updated technical report (the "Technical Report") prepared in accordance with National Instrument 43-101 - Standards for Disclosure of Mineral Projects ("NI 43-101") in respect to the "Kirkland Lake Properties of Warrior Gold, located in Kirkland Lake, Ontario". The Technical Report incorporates the last three years of exploration work undertaken by Warrior Gold including two prospecting and sampling programs and 13,120 metres of diamond drilling through five drilling campaigns totaling 55 drill holes on the Goodfish-Kirana claim block. The Technical Report was prepared by Mr. Michael Kilbourne (P.Geo).

The effective date of the Technical Report is April 15, 2022. Mr. Kilbourne is an independent "Qualified Person" pursuant to NI 43-101 and reviewed and approved the disclosure relating to the Technical Report in this press release. The Technical Report has been filed on the Company's SEDAR profile and is also available on the website at the link below:

QP Statement

Danièle Spethmann, P.Geo. is President and CEO and a Director of Warrior Gold and is a Qualified Person as defined by NI 43-101. Ms. Spethmann has reviewed the technical information in this news release and approves the written disclosure contained herein.


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