Golden Minerals

Brigadier Gold Provides Update on Exploration Program Planned for Killala Lake Diamond Property

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2020) - Brigadier Gold Limited (TSXV: BRG) (FSE: B7LM) (the "Company" or "Brigadier") is pleased to announce the commencement of a drone magnetic survey on the Killala Lake Diamond Property (the "Property").

The detailed drone magnetic survey has been designed to define the Madonna Diamond Bearing Dyke (the "Madonna Dyke") and to reveal the extensions of the dyke along strike. Reviewing the previously completed airborne magnetics, indicates trends of various magnetic features including the Madonna Dyke. Better resolution of the magnetic features is expected to define blow outs or thickened areas of the Madonna Dyke, as well as other potential diamond bearing dykes.

The drone survey is expected to commence this week, with the resulting data to be available shortly thereafter. The results of the survey will assist for planning for the next phases of exploration to assess the Property's potential for hosting additional diamond bearing dykes.

The Property is comprised of 46 single cell claims located in the Killala Lake and Foxtrap Lake Areas of the Thunder Bay Mining Division, Northwestern, Ontario. The Property is located approximately 30 kilometres north northwest of the Town of Marathon and 210 kilometres East Northeast from the City of Thunder Bay and is accessible by Highway 17 from Marathon and then a series of logging roads.

Exploration work has been intermittent in the target areas over several decades. The historical work largely consisted of ground and airborne geophysical surveys, with geochemistry, as well as detailed geological mapping. Areas of interest have seen only limited drilling (diamond and overburden) and warrant further exploration.

Diamonds were first located on the Property in 2006, when Dianor Resources Inc. had Kennecott Canada Exploration Inc's Minerals Processing Laboratory complete dense media separation of a 1205.8 kilogram sample of the Madonna Dyke. The sample produced 66 micro diamonds. Subsequent to the recovery of the diamonds, the claimholder completed a diamond drill program that intersected the Madonna Dyke and another dyke thought to be genetically related. Sections of the dykes were petrographically examined and found to be porphyritic ultramafic lamprophyre (Madonna Dyke drill hole-02, 2.78 metre intercept) and ocellar ultramafic lamprophyre (drill hole-03, r 8.5 metre intercept).

Further work to determine the extent of the potential diamond bearing dykes and the diamond content of the known dykes is required to fully evaluate the economic potential of the Property. Historical exploration to date has been successful in defining an accessible area to be tested without expensive mobilization costs.

The Company has not undertaken any independent investigation of the historical information contained in this press release nor has it independently analyzed the results of the previous exploration work in order to verify the accuracy of the information. The Company believes that the historical results and other information contained in this press release are relevant to continuing exploration on the Property.

National Instrument 43-101 Disclosure

The technical content of this news release has been reviewed and approved by Mr. Garry Clark, P. Geo, a Director of Brigadier and a Qualified Person as defined by National Instrument 43-101.

About Brigadier Gold Limited

Brigadier was formed to leverage the next major bull market in the natural resource sector, particularly precious metals. Our mandate is to acquire undervalued and overlooked projects with demonstrable potential for advancement.

Led by a management team with decades of experience in mineral exploration and capital markets development, we are focused on advanced exploration opportunities in politically stable jurisdictions.

For further information, please contact:

Brigadier Gold Limited

Ranjeet Sundher, Chief Executive Officer
This email address is being protected from spambots. You need JavaScript enabled to view it.

Leah Hodges, Corporate Secretary
(604) 377-0403

Reader Advisory

This news release may contain statements which constitute "forward-looking information", including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.


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Brigadier Gold

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