AGE

Adventure Gold Inc. (TSX VENTURE: AGE) is pleased to announce initial positive
drilling results on its 100%-owned advanced-stage Val-d'Or East gold project
(the "Project"). The new results come from the first three (3) drill holes for
552 metres from the 3,000-metre drill program underway (Figures 1 and 2). The
first three (3) holes were designed to explore a parallel and vertical
mineralized dioritic dyke partially drill tested historically, located 150
metres west of the main dyke hosting the gold mineralization at the former L.C.
Beliveau gold mine. The drill program confirmed the presence of a significant
gold system in this dyke and also outlined an additional mineralized dyke
located 20 metres further to the west which consist of a new discovery on the
Project. Best drilling intercepts, in core length, are presented below and in
Table 1:




--  Hole PC-14-70: 12.4 g/t Au over 7 metres at 11 metres from the surface
    (B2 dyke); 2.6 g/t Au over 32 metres including 6.7 g/t Au over 6.5
    metres at 142 metres from the surface (B1 dyke);
--  Hole PC-14-69: 6.0 g/t Au over 4 metres at 9.5 metres from the surface
    (ENE shallow dipping to the south gold zone); 2.3 g/t Au over 8 metres
    including 5.2 g/t Au over 3.5 metres at 61.5 metres from the surface (B1
    dyke).



The gold-bearing zones are associated to a stacking of quartz-tourmaline veins
shallowly-dipping to the south within vertical diorite dykes. Metric
tourmalitization and pyritization is also observed from the margins of the veins
inside the diotitic dykes. These dykes are varying from 5 to 8 metres in
thickness and can be traced over a strike length of at least 150 metres oriented
N340 degrees . The mineralization is still open at depth and to the south
(Figure 2). This gold-bearing system presents strong similarities with the one
historically observed at the former L.C. Beliveau mine.  


Additional drilling is required to evaluate adequately this gold system which
the geometry seems be controlled by the presence of at least four (4) parallel
and vertical dioritic dykes which are crosscut by an E-W brittle faulting
system. 


"We are very pleased with this discovery and the other initial results. The new
zone grading 12.4 g/t Au over 7 metres is one of the richest gold intercept ever
drilled on the property. We look forward to see the other drilling results
coming," stated Marco Gagnon, President and CEO of Adventure Gold. 


More results from the current drilling program are yet to come in the near-term.

Table 1:2014 Initial Drilling Result - Pascalis Colombiere Property



----------------------------------------------------------------------------
Drillhole UTM coordonate* Azimuth   Dip  Length From   To  Core  Au    Note 
           East   North (degrees)(degress)(m)   (m)   (m) length ***   Zone     
                   

                                                            **      
----------------------------------------------------------------------------
                                                                            
 PC-14-69 312753 5335133    90      -83    129  9.5   13.5  4.0  6.0   ENE  
                                                61.5  69.5  8.0  2.3 B1 Dyke
                                          Inc.  61.5  65.0  3.5  5.2        
                                               117.0 119.5  2.5  2.0   ENE  
                                                                            
 PC-14-70 312735 5335163    90      -85    252  11.0  18.0  7.0 12.4 B2 Dyke
                                                80.6  88.6  8.0  1.9   ENE  
                                               142.0 174.0 32.0  2.6 B1 Dyke
                                          Inc. 156.5 163.0  6.5  6.7        
                                               222.0 225.0  3.0  2.0   ENE  
                                                                            
 PC-14-71 312767 5335062    90      -86    171  79.0  87.0  8.0  1.9 B1 Dyke
                                               133.0 136.0  3.0  2.3   ENE  
                                                                            
----------------------------------------------------------------------------
                                                                            



* UTM NAD83Zone18
** The announced gold intersections are along the hole. Additional drilling will
have to be done to determine the true thickness of the mineralized zones. 

 *** Uncut gold value.

Figure 1: Val-d'Or East - Pascalis property location map

Figure 2: Surface map - New Beliveau area initial results, 2014 drilling program

The Val-d'Or East Project:

The 100%-owned Project is located 25 kilometres East of Val-d'Or in the eastern
portion of the Val-d'Or - Malartic gold district in the heart of the gold-rich
Abitibi Greenstone Belt. The Project consists of 107 mining titles totaling
3,708 hectares located and it is also adjacent to the producing Beaufor Gold
Mine held by Richmont Mines. The Project was the site of a profitable gold
production from 1989 to 1993 when Cambior Inc. (currently IAMGOLD Corporation)
mined the New Pascalis gold deposit (Lucien C. Beliveau Mine). In the recent
years, 24,000 m of drilling was completed to delineate new gold resources. Best
drill results show widths ranging from 60 metres to 300 metres with grades
between 1-3 g/t Au. Higher grades zones grading up to 12.9 g/t Au over 8 metres,
4.8 g/t Au over 33.1 metres and 2.7 g/t Au over 65.1 metres. The 2013 Initial NI
43-101 resources estimate outlines: 770,000 ounces of gold at 2.63 g/t Au in the
inferred category. In order to evaluate the open pit potential and the economics
of the resources, a Whittle pit run was completed on the resources sitting
between the surface and a depth of 225 metres. The total in-pit inferred
resources are 4.34 Mt at 2.4 g/t Au containing 332,000 ounces of gold using a
cut-off grade of 0.7 g/t Au. The underground potential below the Whittle Open
Pit at 1.5 g/t Au cut-off grade is 3.91 Mt at 3.13 g/t Au containing 394,000
ounces of gold.


Quality control 

During the ongoing drilling program, assay samples were taken from the NQ core
and sawed in half, with one-half sent to Agat Laboratory, a commercial
laboratory and the other half retained for future reference. A strict QA/QC
program was applied to all samples; which includes insertion of mineralized
standards and blank samples for each batch of 20 samples. The gold analyses were
completed by fire-assayed with an atomic absorption finish on 50 grams of
materials. Repeats were carried out by fire-assay followed by gravimetric
testing on each sample containing 3.0 g/t gold or more. Total gold analyses
(Metalic Sieve) were carried out on the samples which presented a great
variation of their gold contents or the presence of visible gold. 


Mr. Jules Riopel, Vice-President Exploration and Acquisitions of Adventure Gold
acting as the qualified person (as defined by NI 43-101) reviewed and approved
the scientific and technical information in this press release. 


Profile

Adventure Gold Inc. is a mineral exploration company focused on discovering and
developing high-quality gold deposits in the Abitibi region located in eastern
Canada -- one of the richest gold mining areas in the world. Adventure Gold has
become, in a few years, an important player in the mineral exploration industry
with one of the best portfolios of exploration properties along the main
gold-bearing structures of the Abitibi Greenstone Belt. The Company is exploring
mainly close to gold mines where mining production infrastructure is already in
place, which distinguishes it from several other exploration companies.
Adventure Gold's exploration team consists of mining professionals having worked
previously for well-established producing companies, who understand industry
challenges. The Company owns 100% of the rights on its two main projects namely:
Val-d'Or East and Detour Quebec. With 74.0M shares issued and close to 10% owned
by the management, Adventure Gold is well-positioned to benefit its
shareholders.


The foregoing information may contain forward-looking statements and events
relating to the future performance of the Company. Forward-looking statements,
specifically those concerning future performance, are subject to certain risks
and uncertainties, and actual results may differ materially. These risks and
uncertainties are detailed from time to time in the Company's filings with the
appropriate regulatory authorities. We seek safe harbour.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.



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FOR FURTHER INFORMATION PLEASE CONTACT: 

For more information, please contact:

Marco Gagnon 
President & CEO 
marco@adventure-gold.com 
450.743.5527 
www.adventure-gold.com

Jules Riopel
Vice-President Exploration and Acquisitions
jules@adventure-gold.com
819.797.9770

Twitter: https://twitter.com/Adventure_AGE
LinkedIn: http://www.linkedin.com/company/2253943

Adventure Gold Inc. (TSXV:AGE)
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Adventure Gold Inc. (TSXV:AGE)
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부터 6월(6) 2023 으로 6월(6) 2024