Waraba Gold Limited announced the results of its' compilation and interpretation of the available historical data at its' Fokolore Gold project in western Mali (also known as the Maligonga East Gold Project). A National Instrument 43-101 technical report compiling the historical field work and drill results at Fokolore is underway, and an announcement will be made on this shortly. In addition, a field program has been initiated as part of a systematic exploration program that is expected to consist of airborne geophysics, along with geochemical sampling, geologic mapping and drilling. The Maligonga-East gold project consists of an exploration license covering a surface area of 100 km² in the Kofi formation of the Daléma Basin, Western Mali - West Africa. Successive exploration works completed by BGRM, Ressources Robex Inc, Cluff Gold Plc and Fokolore Mining Sarl were professionally managed and procedures were consistent with generally accepted industry best practices. The exploration data from termite mounds, soils and rocks geochemistry sampling, geophysical survey, trenches and drilling are sufficiently reliable to confidently allow interpretation of the gold mineralization in the Maligonga-East property and planning of an extensive drilling program over existing gold deposits and in areas that have not been drill-tested. Early termite mounds geochemistry survey and trenches from BRGM in 1992, geophysical survey and RC drilling south of the Mamadouya target zone completed by Robex between 2007 and 2008, infill termite mounds geochemistry sampling, geophysical survey and extensive RC drilling by Cluff in the Mamadouya zone in 2012 and geological and structural mapping and interpretations, Auger and RC drilling completed by Fokolore between 2015 and 2018 resulted in the identification of the Mamadouya gold deposit of the Maligonga-East property and numerous others anomalous zones of gold mineralization targets. Drilling programs completed by Cluff and Fokolore intercepted high grade gold mineralization over the Mamadouya deposit including: MRC-18-001: 15 m at 5.06 g/t from 69 meters Incl. 4.0m at 15.40 g/t; MRC-18-007: 8.0m at 8.99 g/t from 58 meters and 2.0m at 5.04 g/t from 44 meters; MRC-18-043: 3.0m at 20.97 g/t from 74 meters Incl. 2.0m at 31.25 g/t; MRC-18-052: 3.0m at 4.51 g/t from 29 meters; MRC0002: 3.0m at 2,71 g/t from 32 meters; MRC0006: 3.0m at 8,77 g/t from 86 meters; MRC0017: 4.0m at 5,37 g/t from 90 meters; MRC0019: 2.0m at 4,5 g/t from 7 meters; MRC0021: 2.0m at 5,99 g/t from 18 meters; MRC0033: 2.0m at 3,37 g/t from 20 meters; MRC0051: 13 m at 2,66 g/t from 13 meters; MRC0052: 3.0m at 4,31 g/t from 32 meters; MRC0073: 7.0m at 6,06 g/t from 16 meters; MRC0079: 5.0m at 3,11 g/t from 19 meters; MRC0079: 4.0m at 3,58 g/t from 8 meters and 5m at 3,11 g/t from 19 meters; MRC0080: 7.0m at 4,51 g/t from 21 meters; MRC0097: 6.0m at 16,4 g/t from 0 meters. Additional geological and structural interpretations by BRG-Consult in 2020 determined the geological and structural setting of the area and the style of the gold mineralization, established a conceptual geological and structural model for the gold mineralization and identified the Mamadouya brittle-ductile shear zone that has a strong spatial correlation with the gold mineralization. The NNE-striking and steeply ENE-dipping reverse-sinistral strike-slip shear zone system controls the gold mineralization of the Mamadouya gold deposit and is identical to structures that host the nearby Siribaya (Iamgold Corp.), Kabaya (Roscan), Soro and Seko (Oklo Resources) gold deposits. Geological and structural interpretations by BRG-Consult demonstrated that the Mamadouya gold deposit is hosted in faulted and sheared contact between sedimentary successions of sandstone and siltstone of the Daléma Basin and suggested that the gold mineralization is structurally-controlled and occurs in deformed zones of large and highly hydrothermally altered, NNE-striking, ENE-steeply-dipping, structural corridors that contain a complex network of extensional dilation fracture systems. New high-grade gold mineralization (including 8m at 8.99g/t and 15.0m at 5.06g/t) in RC drilling by Fokolore in 2018 over the Mamadouya deposit show a possible northern extension of the deposit over 800 meters.