Damara Gold Corp. reported that it's 2021 drill program has successfully extended gold mineralization at the Main Vein, which continues to remain open to the west, with drill hole MV-21-06 intersecting 1.40 meters of
34.12 g/t Au and 87.74 g/t Ag on its Placer Mountain Project south of Princeton, BC ("Placer Mountain" or the "Property"). This news release reports the first 6 of 18 drill holes completed during the 2021 program. The 2021 drill program successfully extended high grade intercepts from the 2020 maiden drill program, including 1.0 m of 48.60 g/t Au and 30.80 g/t Ag and highlights the potential for a large scale orogenic gold system at Placer Mountain. The intersection of high-grade gold in MV-21-06 indicates significant expansion potential even further to the west, as the gold system now extends into areas previously untouched, due to thick overburden cover. Following this second phase drill program, the presence of a strong orogenic gold system is becoming apparent at Placer Mountain. Assays also remain pending for the remainder of the Main Zone as well as 8 maiden holes drilled at the new Kodiak Zone, which was discovered during a 2021 soil sampling and trenching program earlier this year. The drilling at Kodiak intersected strong veining and sulfide mineralization, with broad alteration halos, similar to that encountered in the Fall program.