Greywacke Property

CURRENT DRILL PROGRAM IN PROGRESS

15 holes totaling 2912.9 meters (m) at the Greywacke North Deposit Completed

The purpose of the current exploration work is to strengthen our understanding of the existing resource model, as well as to look for more gold bearing potential in the surrounding area.

The field work is now being finalized and core cutting and sampling is continuing. MAS Gold expects assay results to come in consistently over the coming weeks. These results will be released in batches as the assays are completed and received.

See News Release from March 22, 2021

GREYWACKE NORTH

STRONG EXPLORATION UPSIDE POTENTIAL WITH NEAR TERM PRODUCTION POSSIBILITY

High-grade, near surface gold deposit with near-term, underground mining production potential.

CURRENTLY DEFINED RESOURCES

Greywacke North Deposit

June 2016: 43-101

FURTHER RESOURCE EXPANSION POTENTIAL :Greywacke Central, South & Lyons Zone

GEOLOGY & MINERALIZATION

Stratabound disseminated coarse gold hosted in folded tabular zones of quartz feldspathic gneisses. Typically NE trending, dipping 60o SE.

Further exploration potential exist within resource itself

FURTHER RESOURCE EXPANSION POTENTIAL

Greywacke Central, South & Lyons Zone

EXCEPTIONAL METALLURGY

Gravity: 81.3%, Cyanidation + Gravity: 94%

EASY PROPERTY ACCESS

All season road access.

GREYWACKE CENTRAL, SOUTH & LYONS ZONE - OVERVIEW

In addition the Greywacke North gold deposit other significant gold prospects include:

      • Greywacke South

      • Greywacke Central

      • Lyons Zone.

Excellent potential to expand the overall resource at Greywacke.

Both have been partially delineated by drilling hosting anomalous gold intersections.

The Greywacke South represents the continuation of gold mineralization along the same structure that hosts the Greywacke North deposit The Lyons Zone lies in close proximity to the south.