Stratabound Minerals Corp. reported first assay results received from its Phase 2 diamond drilling program concluded late last fall at its Golden Culvert Project in the southeastern Yukon Territory. Drill hole GC20-01 intercepted 10.31 g/t gold over 1.6 metres between 101.5 to 103.1m down the hole at approximately 90 metres below surface. GC20-01 is a 75-metre step-out to the north of the previously northernmost drill hole GC18-06 which intercepted 1.14 g/t gold over 7.5m including 3.86 g/t gold across 1.5m of the Main Vein and 6.02 g/t gold over 4.5m including visible gold across the West Vein. It is also located approximately 45m north of surface trench TR1801 which yielded 1.49 g/t gold over 10.0m including 6.11 g/t gold across 1.5m of the Main Vein and 60m north of surface trench TR1902 which yielded 3.63 g/t gold over 9.0m including 19.15 g/t gold also across the Main Vein. As has occurred in every other mineralized intercept encountered, the high-grade quartz and breccia structures intercepted in GC20-01 are flanked by lower grade gold-mineralized wall-rock averaging 2.47 g/t gold over 7.5m inclusive across the Main Vein and 0.64 g/t gold over 18.0m inclusive across the West Vein structures. The samples were collected and hand-delivered by Stratabound personnel to the ALS Canada laboratory in Whitehorse, YT where they were crushed to 70% less than 2mm. A riffle split of 250 grams was then taken and pulverized to an 85% passing 75 microns pulp sub- sample. The pulps were then shipped by ALS Canada to its Vancouver laboratory for gold and multi- element analyses. The ME-AA26 gold assaying procedure used is a standard fire assay with AA finish technique on a 50-gram sub-sample taken from the 250-gram pulp split. Samples that exceeded the 100 g/t Au upper detection limit of this method were re-assayed by the Au-GRA22 Ore Grade procedure, with a 50-gram pulp fire assay and gravimetric finish. The samples were also tested for 51 other elements using the ME-MS41 Ultra Trace Aqua Regia ICP-MS method. ALS uses a procedure of standards, blanks and duplicates inserted into the sample stream results for which all fell within satisfactory confidence limits. ALS is an independent internationally recognized and ISO/IEC 17025:2017 accredited chemical analysis company.