Mr. Bradley Jones reports

MOAG COMMENCES DRILLING ON ITS MACE MO-CU PROSPECT

Moag Copper Gold Resources Inc. is scheduled to begin the first phase of its drill program on its Mace molybdenum-copper prospect, Connemara, County Galaway, Ireland, on July 23, 2014.

The drill program proposes six boreholes, each to a depth of 150 metres (totalling 900 m). The exact drilling locations will be determined by local access issues, site hydrology and environmental concerns. Based on the most recent geological mapping, the drilling angle of the boreholes will be 45 feet from vertical and orientated along a 120-foot azimuth. This azimuth was chosen as it is orthogonal to the dip direction. Boreholes are proposed to consist of 50-metre-HQ-diameter drilling, followed by 100 m at NQ diameter. Locations have been chosen to maximize recovery from quartz veins, while taking into account significant mineralization as disseminations in granite.

The drill program will be conducted by Irish Drilling Ltd. of Loughrea, County Galaway, Ireland.

Mace prospect

The Mace prospect is a porphyry molybdenum-copper system at least two kilometres in length. The mineralized area is outlined by a strong geochemical anomaly. The system was partially explored between 1968 and 1970 by drilling programs of over 2,000 metres within an area measuring 1,400 metres in length and up to 300 metres in width. The drill holes were shallow with all but one, fewer than 50 metres in depth, and widely spaced, except within a segment of about 200 metres by 200 metres. Assays from eight diamond drill holes within this fairly completed segment across part of the zone indicated an average grade of 0.8 per cent molybdenum and 0.07 per cent copper from the portions of the core that were assayed (approximately 50 per cent). Drilling indicated that the mineralized zone is continuous for more than a kilometre with a width of greater than 300 metres and a depth of more than 50 metres. Hole DHH13, the deepest hole (70 metres), intersected 6.1 metres of 0.11 per cent molybdenum. The last 14.3 metres in hole DDH22 assayed 0.15 per cent molybdenum and 0.19 per cent copper.