Sylla Gold Corp. announced additional positive gold assay results from the remaining 39 reverse circulation (RC) drill holes totaling 4,717 m completed on the Niaouleni South, Lebre Plateau and Kankou Moussa prospects along the Kobada Shear and at Gouingouindougou, located on the Gosso Shear, all within the Company's Niaouleni Gold Project ("Niaouleni") in Southern Mali. Assay results are still pending for 212 regional air core (AC) holes totaling 10,600 m. Drilling was temporarily shut down on July 14,2022, due to the start of the rainy season in southern Mali.

The drill remains on site with drilling activities to recommence after the rainy season has ended. For previously released assay results from RC holes NSRC22-001 - 018. Drilling Highlights: 2.13 g/t Au over 25 m from drill hole NSRC22-027; including 21.4 g/t Au over 1 m and 5.05 g/t Au over 5m including 12.2 g/t Au over 2 m and 1.47 g/t Au over 33 m including 4.35 g/t Au over 4 m; 1.57 g/t Au over 15 m from drill hole NSRC22-029 and 2.88 g/t Au over 17 m including 8.94 g/t Au over 4 m; 1.90 g/t Au over 20 m from drill hole NSRC22-031 including 19.7 g/t Au over 1 m; 1.84 g/t Au over 14 m from drill hole NSRC22-035 and 1.83 g/t Au over 13 m; and 1.87 g/t Au over 17 m from drill hole NSRC22-042 including 14.8 g/t Au over 1 m. Drilling was carried out to further test the Niaouleni South, Lebre Plateau and Kankou Moussa prospects, all of which lie along the Kobada Shear which hosts the adjacent Toubani Resources' Kobada deposit that lies approximately 6 km north of the Niaouleni Project.

In addition, 5 RC holes were drilled at Gouingouindougou prospect which is located in the southern end of the license area on the extension of the Gosso shear. Technical Overview of RC Drilling Program: The purpose of the Niaouleni Project RC drilling program is to: Continue to confirm previously defined wide zones of high-grade gold mineralization intersected in historical drilling programs completed by previous operators; Define the structural characteristics of the interpreted Kobada Shear extension on the property; and Test extensive termite mound and soil anomalies that lie both on strike from the adjacent Kobada deposit owned by Toubani Resources and in other areas of the property. All gold-bearing intersections are hosted in metasedimentary saprolite with quartz veins /veinlets.

An east-west trending (barren) mafic dyke cuts across the mineralized corridor at about local grid line 1281 380N. Geological interpretation for these drill holes is still very preliminary. A potential dilational flexure rendering the Niaouleni South trend close to N-S, compared to the NNE regional structural trend is interpreted.

Inside this flexure, the highest grades appear to be hosted in E-W vein /veinlet clusters. 3D geological modelling has been started in an attempt to define N-S and E-W mineralization domains within the N-S trending mineralized corridor.