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GAMBIER GOLD ACQUIRES HEMLO SOUTH
GOLD PROJECT IN ONTARIO
VANCOUVER, BC - June 8, 2020 - Gambier Gold Corp. (TSX-V: GGAU) (the "Company") is pleased to announce it has acquired
---> the Hemlo South Gold Project ("Hemlo South" or, the "Project") in northern Ontario.
The Hemlo South project is located in the Archean Schreiber-Hemlo greenstone belt, which is host to the Hemlo gold dep
--->osit that has produced over 21 million ounces of gold since its discovery in the early 1980's. Production at Hemlo con
--->tinues to this day through operations at the Williams mine, an underground and open-pit operation owned and operated b
--->y Barrick Gold Corp.
The Hemlo South project encompasses an area of approximately 1,236 hectares, and directly adjoins Barrick's Hemlo prop
--->erty, with the Williams mine site located approximately 7 km to the northeast of Hemlo South.
In 2007, previous operators of the Hemlo South project completed a high-resolution AeroTEM survey, which positively de
--->fined a 4 km trend of discrete magnetic structures, coinciding with government mapping of mafic, intermediate and fels
--->ic rocks. These structures, along with historical gold-in-soil anomalies elsewhere on the project, will be the main fo
--->cus of exploration for the upcoming field season.
The Company is currently reviewing all historical data on both its Hemlo South and Hemlo West projects, and is in the
--->process of planning summer field programs. The Company intends on completing SGH (Spatiotemporal Geochemical Hydrocarb
--->ons) and till sampling surveys over its Hemlo area projects. As described by Actlabs, SGH analysis is a high-performan
--->ce deep penetrating geochemistry which has successfully shown the presence of deeply buried mineral deposits, and has
--->been used successfully at other exploration projects in the Hemlo area.
Consideration for the Hemlo South project consists of the reimbursement of claim staking fees and the granting of a 2%
---> net smelter return royalty on the project claims.
A map of the Company's projects in the Hemlo area can be found at the following link:
https://gambier.gold/wp-content/uploads/2020/06/hemlo_claims_2020jun7.pdf
The technical content of this news release has been reviewed and approved by Kelly Malcolm, P.Geo., a qualified person
---> as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD
Michael E. Schuss
President & CEO
For further information, please contact:
Gambier Gold Corp.
Phone: 604-279-6263
E-mail: info@gambier.gold
Website: www.gambier.gold
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 release.
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