Paycore Minerals Inc. announce an exploration update on the Company's 100%-owned FAD Property located on the Battle Mountain-Eureka Gold Belt in Nevada, USA. Highlights of today's exploration update: FAD Main Zone exploration drilling Definition drilling near historic non-43-101 resource as well as step-out drilling to test the ~1km down-dip extension of the favourable host rock which hosts mineralization at FAD. Initial 16,000 meters of drilling planned.

Paycore drilling has confirmed existing mineralization and step-out continuity. Drilling has delineated a mineralized footprint of approximately 420 meters in strike length, up to 390 meters wide,with an average thickness of 34 meters using mineralized intervals. Jackson-Fault exploration drilling (new target) New mineralized discovery corridor with little drilling in over 50 years.

Under-explored and yet to be tested by Paycore. Multiple high-grade carbonate replacement discoveries along the Jackson Fault. Most recently, the high-grade CRD discovery made on the adjacent i-80 Gold property called "Hill Top".

Historical data analysis and drill core relogging program Historic drill core was discovered this past year which is currently being analyzed for assay sampling. The additional geological data recently acquired along with the historic drill core are believed to support the necessary requirements for an NI 43-101 compliant resource estimate. Digitization of historic data is underway.

Drilling will commence next month targeting approximately 16,000 meters on the FAD Main Zone as well as the newest target, the Jackson Fault. Drilling will utilize reverse circulation, pre-collar and/or directional drill methods to reduce overall costs and reach the intended targets with minimal deviation. The historic review program will run concurrent to the exploration program which includes; the relogging of core previously drilled by Hecla Mining in the 1950's and 60's and assay sampling in particular zones of interest.

Paycore Drill highlights from FAD Main Zone previously announced: 44.8 meters at 6.3% Zn, 3.7% Pb, 232 g/t Ag, and 2 g/t Au from 705 to 749 m depth in hole PC22-07. 36.6 meters at 6% Zn, 4.5% Pb, 185.5 g/t Ag, and 5.1 g/t Au from 711 to 748 m depth in hole GH21-02. 14.8 meters at 6.3% Zn, 10.3% Pb, 376 g/t Ag, and 7 g/t Au from 738.8 to 753.6 m depth in hole PC22-08A.

27.4 meters at 10% Zn, 1% Pb, 80 g/t Ag, and 8 g/t Au from 707.8 to 7355.2 m depth in hole PC22-10. 10.1 meters at 15.9% Zn, 4.9% Pb, 0.2% Cu, 267.0 g/t Ag, 6.0 g/t Au from 687.3 to 697.4 m in hole GH21-05.