Orefinders Resources Inc. reported high grade channel sampling results from its Mirado project, located in the Kirkland Lake gold district of Northeastern Ontario. The fall trenching and channel sampling program tested favorable volcanic stratigraphy beyond the limits of the current Mirado NI 43-101 Mineral Resource which contains 442,000 ounces within an inferred resource of 10,618,000 tonnes at an average grade of 1.29 g/t Au. The pit design and parameters used by SRK Consulting (Canada) Inc. (SRK) in the NI 43-101 resource estimate report for Orefinders Orefinders channel sampled 11.35 g/t Au (21.8 g/t Au uncut) over 4.80 meters and 2.43 g/t Au over 9.20 meters in trenches located 200 meters west along strike from the western margin of the conceptual open pit shell developed by SRK using Whittle software and its Lerchs-Grossman optimising algorithm.

Reported channel sample lengths are representative of true width. The style of mineralization identified in the trenches is the same as the host rock of the Main Zone of the Mirado gold deposit and consists of stringer pyrite mineralization hosted in tuffaceous and fragmental intermediate volcanic rocks.