Vancouver, British Columbia–(Newsfile Corp. – October 6, 2022) – Carlin Gold Corporation (TSXV: CGD) (the “Company” or “Carlin”) is pleased to announce that all questions were approved during the ‘Annual General Meeting of Shareholders of the Company held on October 5, 2022. At the meeting, the shareholders of the Company re-elected all current members of the Board of Directors of the Company, K. Wayne Livingstone, Robert D. Thomas , Jr., Aris Morfopoulos, Robert Culbert and Dong Shim and approved the reappointment of the Company’s current auditor, Smythe LLP. The shareholders of the Company also approved the adoption of a new 10% stock option plan in accordance with the requirements of the TSX Venture Exchange.
Carlin controls two wholly-owned gold exploration properties in Nevada, the Cortez Summit property and the Willow property, both of which contain Carlin-style gold targets. Cortez Summit is approximately 1 kilometer northeast of the northern end of Nevada Gold Mines’ “Goldrush” deposit and east of Barrick’s “Fourmile” resource. Barrick reported an underground mineral resource attributable (61.5%) to Goldrush with 6.6 million ounces grading 7.8 g/t. indicated and 1.2 million ounces grading 7.6.4 g/t Au inferred, a total attributable ounce of 7.8 million ounces (Barrick Annual Report 2019) out of total resources of 12.7 million ounces. The Fourmile resource, located directly north of Goldrush, is owned by Barrick and has an indicated and inferred resource containing 2.55 M oz Au grading 10.6 gpt Au (Barrick Annual Report 2021).
The Willow property is an early-stage project in Elko County, north of the city of Wells, Nevada. Willow is located in a potential new gold belt that contains the Long Canyon mine operated by Nevada Gold Mines.
K. Wayne Livingstone,
President and CEO
Telephone: (604) 638-1408
Neither the 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 press release.
Forward-Looking Statements: This press release contains certain “forward-looking information” within the meaning of Canadian securities laws and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively “statements”). forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”. “, “expect”, “potential”, “project”, “target”, “timing”, “budget” and “intend” and statements that an event or result “may”, “should”, ” should”, “might” or “might” occur or be achieved and other similar expressions and include their negatives. All statements other than statements of historical fact included in this release, including, without limitation, the declarations rning the Company’s Nevada mining properties, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of important factors and assumptions. Important factors that could cause actual results to differ materially from the Company’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of resource estimates futures, future metal prices, availability of capital and financing on acceptable terms, general economic conditions, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment in a timely manner, accidents or equipment failures, delays in receiving government approvals, unforeseen environmental impacts on operations and costs to address them, and other risks exploration or other risks detailed herein and from time to time in documents filed by the a Company with securities regulatory authorities. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in the forward-looking statements, there may be other factors that cause such actions, events or results differ significantly from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and, therefore, readers are cautioned not to place undue reliance on forward-looking statements.
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