Gold Tree Resources Corp. announced that it has mobilized a field crew to conduct the first exploration program of 2022 at its Skygold Project located in British Columbia's Cariboo Placer Region. The Company plans to complete a till sampling program to expand the existing sample grid surrounding the highly anomalous and pristine gold grains in-till identified by the Company in 2019.

This includes a roughly 1,000 metres by 500 metres gold-in-soil anomaly immediately northeast of Frost Lake. The 2019 till sampling program identified up to 22.5 grams per tonne in sample SGHM-19-15, with up to 180 pristine grains in sample SGHM-19-19. Analysis of the locally derived till material indicates that a previously unidentified felsic intrusion is present a short distance up-ice from (to the southwest of) the sites where the gold-rich till samples (SGHM-19-19 & SGHM-19-20) were collected.

The newly identified felsic intrusion has undergone weak to pervasive epidote-actinolite alteration and no longer contains any of its primary hornblende and/or biotite. The alteration minerals are suggestive of an incipient endoskarn in the intrusion which may be related to the source of the gold.