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Big Balds

NEVADA, USA

Gold Bull owns 100% of the Big Balds Project, a gold exploration target located approximately 120km south of Elko, Nevada. The project is comprised of 210 lode mining claims located on BLM tenure.

Highlights

Located on the prolific Carlin and Bida gold trends

Project is drill ready

with targets based on compelling 3D inversion geophysical anomalies (gravity and magnetics) combined with highly anomalous arsenic at surface

Big Balds consists of three priority targets

(Bald Eagle, Bald Badger & Bald Cougar)

Targets are under cover and have never been previously drilled

Less than 10km west of Kinross’s Bald Mountain Operating Mine

(300mt @ 0.6 g/t for 5.5. M Oz Au – as per Kinross Annual Report 2019)

Targets have been generated by geophysics

Big Balds Priority Targets

01

Bald Cougar

Strong magnetic anomaly, with source geometry influenced by the regional structural trend that also controls intrusions and mineralization at Bald Mountain

02

Bald Eagle

Skarn type geophysical response with elevated base and precious metals at surface in soil samples

03

Bald Badger

Structural target with outcropping sinter
(elevated mercury and arsenic in soil samples)

Geophysics paves the way forward

Nevada is one of the most prolific gold provinces on the planet, having produced over 225 million ounces of gold to date. Most of Nevada is under cover; however, the majority of the drilling that has been conducted is where there is outcrop (no sand cover). This represents a large opportunity to explore for world class deposits under cover in a gold rich geological terrain that is also a mining friendly jurisdiction.

Located on the prolific Carlin Trend

Regional Geology map depicting location of Big Balds (in black polygons).

Detailed geophysical data supports a northwest trending structural corridor “Bida Trend”, that controls intrusions and gold mineralization at Bald Mountain gold mine. Geophysics data allow for interpretation of what may lie under the pediment. High priority fault zones and interpreted intrusions have been identified and secured. Significant magnetic features within the proven Bida Trend sit under pediment cover, at the intersection between Bida Trend and faults which represent near term drill targets, including NW faults that based on geophysical interpretation, appear to extend from Bald Mountain. These geophysical targets have received no attention due to cover yet there is strong potential for continuation of the Bald Mountain plumbing system.

Detailed Gravity data can be used to predict depth of cover in Nevadan ‘basin/range’ country. Distinct N-S and NW-SE edges have been interpreted as prospective extensional fault zones. This is important because fault zones cutting Carlin host geology can be conduits for precious and base metal mineralization. The acquired Geophysics data has defined features warranting geochemical drilling. Several gravity highs located in areas of pediment cover possibly correspond to granitoids. These are of interest because the Bald Mountain gold mineralization is recognized as being intrusive associated. The systems are usually zones, with gold mineralization occurring proximal and base metal distal to the intrusion, which also aligns with the elevated base metal that is observed in soil samples proximal.

Magentic data provides clues for geology

Qualified Person

Cherie Leeden, B.Sc (Applied Geology, Honours), MAIG, a “Qualified Person” as defined by National Instrument 43-101, has read and approved all technical and scientific information contained on this page. Ms. Leeden is the Company’s Chief Executive Officer.

Cautionary Statements

This page contains information with respect to adjacent mineral properties in Nevada, which the Company has no interest in or rights to explore. Readers are cautioned that information regarding gold mineralization on adjacent or similar properties is not necessarily indicative of the presence of gold mineralization on Big Balds.

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