Bemetals drills 3.06 g/t gold over 26.10 metres at Kato, Japan

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Bemetals Corp. [BMET-TSXV; BMTLF-OTCQB; 1OI-FSE] reported assay results from its continuing diamond drilling program at the Kato gold project in Hokkaido, Japan. Due to the continued success of the program, Bemetals plans to increase the size of its initial drilling campaign to 2,000 metres and will continue releasing more assay results in the coming months.

Highlights of KT22-12 core drill hole: Seta Vein Zone returned 26.10 metres grading 3.06 g/t gold, including 10.20 metres grading 4.88 g/t gold, including 5.05 metres grading 5.76 g/t gold.

KT22-12: Kamitake Vein Zone returned 16.75 metres grading 0.58 g/t gold. This new hole extends the Seta Vein Zone by some 100 metres along strike from KT22-11. The newly identified Kamitake vein, represents a significant additional target zone near the Seta Vein. Additional drill hole assay results are expected to be released in the coming months. Based upon current data it is estimated true widths range between 55 to 65% of the drilled intersections.

John Wilton, President and CEO of Bemetals stated, “We are pleased with these assay results from drill hole KT22-12 at our Kato Project on Hokkaido in Japan. This hole provides an approximate 100 metre extension to the strike length of the Seta Vein as intersected in the recently reported KT22-11 hole. These results demonstrate good continuity and scale potential of the Seta Vein as we continue our drilling program.

In addition to expanding the Seta Vein, KT22-12 has also intersected what is interpreted as the upper section of a newly recognised vein zone named the Kamitake Vein. This vein is only some 40 metres from the Seta Vein and future drill targeting will be planned to test Kamitake’s potential grade, depth and strike extension. Both the Seta and Kamitake zones exhibit vein textures and other mineralogical features which are hallmarks of other typical epithermal gold deposits.

The results to date from drilling at Kato have motivated the company to expand its current phase of drilling by approximately 500 metres to further test the scope, scale, and controls of this significant gold system.”

This year, Bemetals plans to complete, a now expanded, approximately 2,000-metre drill program at the Kato Gold Project.

The Kato Project is located within a sparsely populated area of Hokkaido yet it is still in close proximity to infrastructure such as sealed roads and powerlines, and has access to supplies and services at the nearby town of Kamishihoro.

The Kato Gold Project is Bemetals’ most advanced, of five exploration projects in Japan based on the amount of available historical drilling information, and the property covers close to 2,000 hectares in central Hokkaido.

The property was previously drilled by the Japanese state agency MMAJ in the 1990s and during that time results included high-grade intervals of gold such as 17.5 metres grading 8.15 g/t gold in hole 5MAHB-2 and 18.65 metres grading 5.01 g/t gold in hole 7MAHB-1.

From 2018-2020, Kazan Resources acquired by Bemetals in 2021, drilled several holes at Kato that intersected a zone of hydrothermal breccia near the adjacent main alteration target vein. Their results included hole KT19-02A which returned a number of zones of gold mineralization such as 14 metres grading 2.10 g/t gold In 2020, drilling intersected over 50 metres of clay alteration, hydrothermal breccia, vein breccia, stockwork, and banded quartz-adularia low sulphidation epithermal veins in hole KT20-010. That hole intersected 58.9 metres grading 0.76 g/t gold, including 7.4 metres at 2.99 g/t gold, and ended in 2.8 metres grading 3.1 g/t gold.  Due to a lack of inserted bore hole casing the hole was lost in a mineralized zone and is thought to have not intersected the high-grade vein target.

Bemetals is also progressing both its tier-one targeted, Pangeni Copper Exploration Project in the prolific Zambian Copperbelt, and advancing its high-grade, zinc-silver-gold-copper exploration at the South Mountain Project in Idaho.

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