Silk Road Energy Inc. reported that it has finalized its 2022 exploration program for its 100% owned Amikougami gold property in Kirkland Lake, Ontario. The company anticipates commencing its 2022 field program in August subject to the availability of a drilling rig, personnel and field equipment. The company is planning to drill five "short" diamond drill-holes to 75 metre depths to establish the nature of the mineralization on the property.

Two of the proposed drilling locations are targets identified by an earlier IP (induced polarity) geophysical survey. Before this work can begin, the company will need to establish access, strip overburden, excavate trenches and conduct channel sampling. Silk Road has already begun the process of compiling, digitizing and reprocessing historical aeromagnetic, gravity and radiometric data.

This data has been obtained from assessment reports from Ontario Government reports. The company has begun the process of analyzing regional geological structures and map data to more clearly define structural controls of mineralization in the area. The reports, maps and results from this exploration phase will be the basis of the field activities.

Amikougami is located 4000 metres from Agnico-Eagle's Macassa Mine. The Amikougami and Otto gold properties consist of 16 patented mining claims including five mining licenses. The combined area for both properties is 192.56 hectares.

There is no exploration program planned for Otto during this field season. In an assessment report filed by S.J. Carmichael in 1999, prospecting activity on the Amikougami property occurred in 1920 to1930 and again in the 1940s-1950's period resulting in pits and short shafts to explore the mineralization. Since there is no record of this work, Kirkland Lake prospector, Fern Rivard, undertook to relocate and examine these earlier prospecting pits and undertook additional work on the claims in 1998 and 1999.

Rivard established a mine grid at 100-metre spacing and completed a ground magnetometer survey at 10-metre intervals. A number of old pits and shafts were located confirming the earlier prospecting activity. From the pits, Rivard collected grab samples which were found to contain finely granular pyrite in highly chloritic biotite-bearing shears.

Rivard also selected five grid lines and conducted an IP survey with readings at 10-metre intervals. The IP survey identified several high-chargeability anomalies associated with shear or fault zones and a couple of high resistivity anomalies associated with outcrop having a very fine grained, silicified appearance and stockwork fractures with hairline quartz-carbonate filling. Gold mineralization identified by exploration company, Warrior Gold Corp, at its Goodfish Lake property located east of Amikougami, occurs as stockwork veinlets in similar silicified areas.

In addition, pyrite-bearing shear zones associated with high chargeability anomalies are found on Goodfish. This style of mineralization is unlike that found in the main Kirkland Lake gold camp but is now receiving considerable exploration attention outside the camp. Record Gold Corp.

management including consulting geologist, Edward Procyshyn of Le Groupe GeoInfo, visited the property in late September of 2020. Regional and local geological and geophysical historical information was compiled and reviewed by Procyshyn during 2020 to 2022. The compiled map results are preliminary and robust in quality and need to be digitally reformatted, geographically rectified and verified with field observation to establish the nature and potential distribution of gold mineralization on the property.