Ophir Gold Corp. announced the results of a ground magnetic survey completed as part of the fall 2020 exploration program at its Breccia Gold property (the "Breccia Gold Property" or the "Property"). The Property is located in Lemhi County, Idaho, USA approximately 40 km southwest of Salmon, and is accessible via paved highway and a network of well-maintained gravel roads. In addition to the prospecting and rock sampling completed this fall, a ground magnetic survey was completed across the Property. A total of 57 line-kilometres of survey data, on 100-m spaced lines, was collected using a Gem Systems GSM-19 Magnetometer in walking mode. The survey data was collected and processed by Dahrouge Geological Consulting Ltd. The primary objective of the program was to highlight the Meadows Fault Zone/Trend, which is host to the high-grade Breccia Gold Zone (BGZ) and the focus of historical exploration and production circa 1930/40 (Gahsmith Mine). The trend is overlain and obscured to the south by alluvium and to the north by the flat lying Challis Volcanics. The Company reported that the ground magnetic survey was highly successful defining a magnetic low/contact corridor, which correlates well with the mapped Meadows Fault Zone. Further, the trend clearly continues to the south, past the Breccia Zone, where it is obscured by the alluvium-overburden, as well as continues north towards the Lee Prospect. This is significant as it demonstrates the Meadows Fault Zone, and its potential for gold-silver mineralization, extends across the entirety of the Property. Specifically, to the south of the Breccia Zone, the trend has been subject to only limited exploration due to cover. As such, the magnetic data highlights its potential continuation south of the BGZ. A preliminary 3D inversion of the data was also completed and outlines a strong magnetic high at approximately 800 m depth. This anomaly may represent a heat source and base "plumbing" of the overlying system and supports the Company's interpretation that the BGZ represents the uppermost levels of a low-sulphidation epithermal gold system. The Company is permitted for an inaugural diamond drill program at the Breccia Gold Property, targeting the main Breccia Gold Zone, which is expected to commence in spring 2021.