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Winston Gold Corp
Symbol WGC
Shares Issued 282,088,981
Close 2020-09-16 C$ 0.185
Market Cap C$ 52,186,461
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Winston advances drifting along three veins at Winston

2020-09-17 07:22 ET - News Release

Mr. Murray Nye reports

WINSTON GOLD ADVANCING DRIFTS ALONG PARALLEL AND CUSTER VEIN SYSTEMS

Winston Gold Corp.'s development drifting is advancing along three vein headings: the Parallel East and West and the Custer West on its Winston gold project near Helena, Mont. A bulk sample is being stockpiled and will be processed at the Paradine mill in Radersburg, Mont.

The last round blasted on the Parallel vein was a 10-by-10-foot (three by three metres) round, which ultimately yielded about 90 tons of rock. The face of the drift was channel sampled across its width and averaged 0.23 ounce per ton gold (7.89 grams per tonnee gold) over nine feet (2.7 metres). This grade was identified by a series of four channel samples: one for each of the two stringer veins and the final two for the full span of the face. All assays were done in house. The two stringer veins, each with a maximum width of 10 inches, averaged 1.257 ounces per ton gold (43.09 g/t gold) plus 10.07 oz/t silver (345.25 g/t silver) and 0.364 oz/t gold (12.48 g/t gold) and negligible silver, respectively.

Winston has also continued underground development of the Carrabba tunnel. The 900-foot-long (274 metres) access tunnel was extended an additional 35 feet (10.6 metres) on the tunnel No. 1 level (now referred to at the 4637 level) and has intersected the southwestern extension of the Custer vein.

"A good portion of the upper Custer vein (above the 4637 level) was reported to have been mined out in the 1970s," commented Murray Nye, chief executive officer and director of Winston Gold. "However, evidence from limited surface drilling indicates that the Custer vein continues at least 260 feeet (79 metres) further to the southwest and we now have the opportunity to test mine this section."

Previously drilled hole W96 cut the Custer vein about 160 feet (48.7 metres) farther southwest along strike of the current drift and about 10 feet (three metres) below the 4637 level. It intersected a 2.5-foot (0.76 metre) interval averaging 0.385 oz/t gold (13.2 g/t gold).

Another previously drilled hole, W105, intersected the Custer vein about 55 feet (16.7 metres) farther to the southwest along strike of the current Custer drift and 70 feet (21.3 metres) above the 4637 level. It intersected two feeet (0.6 metre) averaging 0.186 oz/t gold (6.37 g/t gold).

Since the Custer vein is situated above (in the hangingwall) of both the block 93 and Parallel vein systems, the current underground development work in the Custer vein system will enable one underground drill to easily drill test all three vein systems.

In addition, the development of the secondary escape way continues to advance along the path of the historical upper level workings and will exit from the tunnel No. 1 portal.

Sampling methodology, chain of custody, quality control and quality assurance

All sampling was conducted under the supervision of the company's project geologists and the chain of custody from the drill to the on-site sample preparation facility was continuously monitored. The samples are crushed, pulverized and the sample pulps digested and analyzed for gold using fire assay fusion and a 50-gram gravimetric finish. Any assay averaging more than 0.1 oz/t gold is sent to Bureau Veritas Minerals in Reno, Nev., for checks. Blank or certified reference materials are inserted randomly.

Qualified person

The scientific and technical content and interpretations contained in this news release have been reviewed, verified and approved by Dr. Criss Capps, PhD, PGeol, an independent consultant to Winston Gold. Dr. Capps is a qualified person as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects.

About Winston Gold Corp.

Winston Gold is a junior mining company focused on advancing high-grade, low-cost mining opportunities into production. Toward that end, the corporation has acquired the underexplored and underexploited Winston gold project near Helena, Mont.

We seek Safe Harbor.

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