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Pelangio Exploration Inc.

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Summary

Project:

Grenfell

Deposit:Grenfell
Location:Canada
Commodities:Gold
Date:3/9/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:9-3-2020: Pelangio Exploration Inc. announces an Exploration/Drilling Update report for its Grenfell deposit at the Grenfell project. Drilling results incl. 1.50m @ 1.82g/t Au from 63m. TORONTO, Ontario (March 9, 2020) – Pelangio Exploration Inc. (PX:TSX-
Resources:x
CP/QP:[Overall Report]: Kevin Filo (Not stated)
ABSTRACT:TORONTO, Ontario (March 9, 2020) – Pelangio Exploration Inc. (PX:TSX-V; OTC PINK:PGXPF) (“Pelangio” or the “Company”) has received assay results from holes JS2001 to JS2003, the final three holes of its eight-hole drill program completed on its Grenfell Property, located 10 kilometers from Kirkland Lake’s Macassa Mine, Ontario. (See Map 1) Ingrid Hibbard, President and CEO of Pelangio commented; “We are pleased with our initial results which returned 314 g/t Au over 1.74 meters (uncut) in hole JS2005 as well as broad zones of near surface mineralization which returned 2.5 g/t Au over 26 meters in hole JS2004, although only sporadic gold intercepts were noted in holes JS2001 to JS2003. Further follow up of this very prospective zone, at depth and along strike, will be undertaken in the near future.” Discussion of Recent Drill Program The Grenfell property is comprised of 38 mining cells and 8 leased claims covering an area of approximately 6.7 square kilometers and is located 10 kilometers northwest of the Town of Kirkland Lake Ontario.

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