Reunion Gold Resumes Exploration Activities

Reunion Gold Corp. announced the restart of field work at some of its gold exploration projects in Guyana and French Guiana. Activities for the remainder of 2020 are focused on advancing exploration at the Aremu North, Oko West and Boulanger projects. Field work had been temporarily suspended at the end of March due to COVID-19 related travel restrictions and safety precautions, and the company has implemented a number of new procedures to ensure the well-being of its staff, including the daily monitoring of temperature and blood oxygen levels, both on-site and during travel to and from projects, under the guidance of local medical consultants.

Guyana Aremu North is part of the company’s strategic alliance with Barrick Gold Corp. Field activities resumed in mid-July and include the completion of additional geochemical sampling and the restart of an approximately 2,000-meter (m) trenching program. Trenching is testing four main prospects identified from an airborne magnetic and radiometric survey completed in the fourth quarter of 2019, and subsequent geochemical sampling completed in the first quarter of 2020. Depending on the results from this trenching program, a decision will be made to drill test certain targets in the fourth quarter of 2020.

Oko West is part of a group of permits where Reunion has an option to solely acquire 100% of the ownership rights. Sampling carried out in the first quarter of 2020 has defined a 2-km-long gold-in-soil anomaly that is coincident with a major north-south striking shear zone identified from an airborne geophysical survey.

The company is currently arranging a new camp and mobilizing heavy equipment to the project. It expects to complete a trenching program once the setup is complete, before initiating a 1,500-meter drill program in late-September.

The Boulanger project is located 60 km by paved road to the south of Cayenne, the capital city of French Guiana. Following a recent suspension of activities that have allowed for a detailed review and reinterpretation of both the company’s and historical data, field teams have returned to site during the first week of August. A roadcut sampling program along existing tracks that cross the prospect area is under way, along with drill site and access construction, in preparation for a 2,000-meter diamond drilling program planned to commence by the end of September.

At Boulanger, the priority is the advancement of the Crique Filon prospect, where activities aim to expand the potential footprint of gold mineralization interpreted as hosted in multiple parallel shear deformation zones that cross the southern portion of the project. Results from the planned drilling program are anticipated to be available by year-end.

The company announced that the Dorlin Exploitation Permit was renewed on July 30. The approval of the renewal application which was originally filed in 2015 has extended the validity of the PEX until July 31. In accordance with the French Mining Code, the filing of the concession application by the holder of the PEX on June 2, has the effect of extending the validity of the Dorlin PEX while the concession application is being processed.

The company will be able to continue to work on the Dorlin Project in French Guiana. The company also announced it has notified the permit holders of the Waiamu Project in Guyana of its decision to terminate the option agreement due to the disappointing results obtained from our exploration work.