Cirrus Gold Corp. reported the results of grab samples collected during the 2021 field program. 162 grab samples were collected, predominantly in the northern part of the Property.

Gold values varied from below detection to 7.67 g/t; thirteen samples returned greater than 0.5 g/t Au. Silver varied from below detection to 118 g/t; seventeen samples yielded greater than 10 g/t Ag. Copper ranged from a low of 10 ppm to a high of 16.35%; twenty samples were above 1% Cu, forty-two results were above 0.5% Cu.

The Coho Zone contains Cu-Au ± Pb ± Zn mineralization in quartz-carbonate-sulphide veins associated with an east-west fault zone; this zone was examined in some detail in 2020. Mineralization occurs in altered diorite, over a strike length of at least 350 m. Additional Cu-Au mineralization was found in the zone in 2021, enlarging the zone approximately 50 m in both northerly and southerly directions. The new mineralization is related to monzonite to syenite dikes and sills, and includes samples with up to 2.2% Cu and 0.50 g/t Au.

A zone of mineralization 300 m north of Coho was examined in 2021. This zone is associated with a very strongly magnetic gabbro to pyroxenite which can be traced as a magnetic high on Cirrus's magnetic data. Some veins had been previously sampled historically, but additional veins and disseminated copper sulphides were discovered in 2021.

39 samples were collected from the southeastern portion of the magnetic high in 2021; the highest copper-gold values from the program were obtained from this area. Copper values ranged from 40 ppm to 16.35%, with 18 of the samples having values above 0.5% and 35 samples having values in excess of 0.1%. Gold values varied from below detection to 7.67 g/t Au.

A boulder of strongly magnetic gabbro, interpreted to be locally derived, was sampled 500 m northwest of the main zone of sampling. This sample ran 2.99% Cu and 0.17 g/t Au, implying that the entire strike length of this magnetic intrusion is prospective. Another new area of interest was discovered in the west part of the property (Figs.

1 and 2), consisting of veinlets and fractures of chalcopyrite mineralization proximal to monzonite. 22 samples were collected from this new area. Copper values ranged from 66 ppm to 2.52%, with 15 of the samples containing more than 0.1%.

Gold values varied from below detection to 0.13 g/t Au. This zone also contains the sample which ran 118 g/t Ag. This newly discovered Cu-Au mineralization is open in all directions.

No historical rock sampling has been documented within 1 km of this area. Another area of potential interest was discovered 800 m east of the Skook showing, where a small area that is anomalous in copper and gold also contains a sample with 86.7 g/t Ag and 2.03% Zn. The significance of this area has not been established.