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California Gold Mining Inc.

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Summary

Project:

Fremont

Deposit:Fremont
Location:United States
Commodities:Gold
Date:10/3/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:3-10-2016: California Gold Mining Inc. announces an Exploration/Drilling Update report for its Fremont deposit at the Fremont project. Drilling results incl. 15.8m @ 2.2g/t Au from 100.0m. Toronto, Ontario – California Gold Mining Inc. (“California Gold”
Resources:x
CP/QP:[Overall Report]: Vishal Gupta (Internal)
ABSTRACT:Toronto, Ontario – California Gold Mining Inc. (“California Gold” or the “Company”) announces new assay results from exploratory drilling at its flagship Fremont Project (the “Project” or “Fremont”) in Mariposa County, California. Vishal Gupta, California Gold’s President and CEO, said, “These are impressive results that support our thesis that there is significant exploration potential beyond the historically defined project. We are extremely pleased with the substantial grades and sizeable widths intersected at the newly discovered Queen Specimen zone that lies to the north of the previously drilled Pine Tree-Josephine zone. These latest results indicate the continuation of the gold mineralization along the strike of the mineralized shear zone on the Fremont Property. The addition of this new exploration dimension to the foundation project we established with our infill drilling program makes Fremont one of the best emerging gold projects in North America.” Highlights from the recently concluded exploratory drilling at Fremont are displayed in the following table. The plan-view collar locations for all recently drilled holes, and interpreted geological cross-sections for the highlighted Queen Specimen holes can be viewed in Appendices A and B of this press release, respectively.

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