Lucky Minerals Inc. announced that it continues with the trenching program for the upcoming drill program at the Wayka epithermal gold discovery at its 100% owned Fortuna Property ("Fortuna") in southern Ecuador. Wall Zone trenching identifies additional altered mineralized structures that will be tested in upcoming drilling Trenching in the Wall Zone (trenches T-22, T-23 and C-7) in weakly altered meta granites returned anomalous gold. The foliation in trench T-22 strikes 118 degrees and dips 38 degrees SE.

Kelly Zone trenching returns 1.21 g/t gold over 10 metres and also identifies anomalous altered structures Trenching in the Kelly Zone which includes trench T-12 located approximately 700 metres north of trench T-5 (Discovery Zone) returned an average of 1.21 g/t gold over 10 metres (Please see news release October 25, 2021). Mineralization in this area is mainly of sericite-quartz type in contrast to that of mainly strong silicification found in the Discovery Zone trenches T-5 and T-6. Other trenches in the Kelly Zone, T-24 and T-25 are in silicified hydrothermal breccias and returned anomalous gold. Trench T-26 in silicified schists also returned anomalous gold.

First prospecting effort in area of significant soil anomaly yields 7.8 g/t gold over 1 metre Approximately 1 km ENE of the Wall Zone a massive lens of magnetite with pyrite veinlets and disseminations was identified hosted in a leucocratic coarse-grained granite. The magnetite lens strikes northwest and has a vertical dip. A sample taken across one metre returned 7.81 g/t gold.

The lens lies approximately 1.2 km east of the El Buitre porphyry prospect.