Galore Resources Inc. provided an update to the current drill program at the Dos Santos Project, including the San Jose and Los Gemelos claims. Drilling commenced on February 3rd at San Jose with three holes having been completed for a total of 664.2 meters. Lead Geologist Gustavo Narvaez is excited by the visible characteristics and alterations observed in the core for all three holes. The San José SJ-21 hole began the drilling program and was completed to a depth of 250.20 meters.

This hole cut: 1) recrystallized limestone with phyllic alteration; 2) dikes and sills of intermediate composition with phyllic and argillic alteration; 3) an interval of approximately 60 meters with multiple bodies with mineralization (some of them up to 2.5 meters thick) composed of hydroxides, hematite, calcite, as well as locally sulfides and quartz; 4) hydrothermal breccias cemented by calcite and limonite series, and 5) isolated mineralized bodies composed of quartz, hydroxides, calcite and hematite. This hole demonstrated a lithological block with open geological-mining-economic potential at depth in the San Jose area. The San José SJ-22 hole followed and was completed to a depth of 200 meters.

The hole cut a series of mineralized structures striking generally NE, as well as mineralized structures that are semi-parallel to the axis of this hole core. These bodies are composed of quartz, calcite, limonite series, hematite, and local sulfides. Hole SJ-20 was added by Galore's geological team to better understand what was being observed in holes SJ-21 and SJ22.

The SJ-20 was completed at a depth of 214 meters. This hole showed: 1) the presence of dikes of intermediate composition with phyllic and argillic alteration, which intruded through a carbonated marine sedimentary sequence; 2) parallel mineralized bodies composed of quartz, limonite series, calcite and hematite; and 3) a halo of phyllic alteration and recrystallization in the carbonate marine sedimentary sequence. This exploration has confirmed that the San José area presents a favorable geotectonic environment for the concentration of metallic mineralization, which is open at depth and on the sides of cut targets.

The mineralization is repetitive that is concentrated as veins, veins and stratabound bodies, hosted between the carbonate marine sedimentary sequence and the cupula of an unexhumed pluton, comparable to the world class polymetallic ore deposits in the region. Hydrothermal alteration consists of halos of recrystallization and phyllic alteration, as well as argilization and weathering, suggesting magmatic-hydrothermal source. The core from the three holes will provide with very important data to define more clearly the structural setting of gold mineralization.

Drilling at San Jose will restart upon receipt of the assays from ALS Global.