Angus Gold Inc. announce assay results from the remaining five exploration holes that were completed on the Dorset Zone as part of its winter 2024 drill program at the Golden Sky Project in Wawa, Ontario. The new high-grade discovery, Hole GS24-136, was drilled along the most western section of the Dorset Zone that has been tested, to date, by the ongoing exploration program. The hole intersected 7.0 g/t Au over 12.4 metres, including 3.3 metres of 21.7 g/t Au and is hosted within a zone of abundant quartz veining that is not typical of the Dorset mineralization.

Previous intervals of Dorset material are characterized by broad, disseminated mineralization within strongly altered zones that lack appreciable quartz veining. Hole 136 is at the western limit of current drilling and the change in style may be indicating a transformation of the mineralized system towards a higher-grade system. The potential zone is open for approximately 2km to the west, along the interpreted trace of the shear zone and drilling is currently being planned to begin evaluating this new, high-grade, mineralized zone.

The current Dorset mineralized zone is characterized by albite, sericite and minor silica alteration with disseminated pyrite, pyrrhotite and arsenopyrite. The high-grade intercept in GS24-136 was hosted in a zone with increased quartz-veining and contained numerous grains of visible gold at 130m true depth. GS24-136 represents a new area in which Angus can continue to focus on improving the grade and size of the Dorset Gold Zone.

A follow-up drill program will be planned for the summer of 2024 to focus on this new high-grade zone at Dorset?s most western edge. Three additional holes, GS24-130, GS24-133 and GS24-134 were drilled along Angus? western extension of the Dorset zone and were planned to test two hypothesized trends of the gold zone in this area.

Of these three holes, anomalous mineralization of 1.2 g/t Au over 7.0 metres was intersected in GS24-133. Hole GS24-129 was drilled to the south of the deposit to test for the strike extension of a secondary gold bearing structure with no anomalous results. The ongoing drill program on the Company?s 100%-owned Golden Sky Project is focused on the Dorset Gold Zone, which hosts a historic gold resource; the BIF Zone, a new gold zone discovery in a large banded iron formation; as well as the Eagle River Splay deformation zone, which shows potential for another extensive gold system.

Angus? drill programs on the Dorset Gold Zone have been successful at extending the strike length of the previously modelled zone from 750 metres to 1.7 kilometres. The Dorset Gold Zone contains a historic estimated indicated resource (using a 0.50 g/t Au cut-off) of 40,000 ounces of gold grading 1.4 g/t Au, and an inferred resource of 180,000 ounces of gold grading 1.2 g/t Au.

The Dorset Zone lies within the Mishi Creek Deformation Zone (?MCDZ?). The MCDZ can be traced for at least 7 kilometres within the Golden Sky project and has seen very little historic exploration along most of its strike length.