Lucky Minerals Updates Wayka Epithermal Gold Discovery With Geophysics

Our teams are pursuing work in the field that will lead to a better understanding of this system both in terms of scale and alteration types which could allow to identify potential feeder zones.

This field work has allowed the team to standardize some of the rock type nomenclature and prepare an updated outcrop geology map of the area.

The mag low anomaly trends northeast for approximately 3 km, of which 1.5 km appears to coincide with the surface alteration and mineralization identified to date at Wayka.

As geological work at Wayka continues, our understanding of the mineralized system is expected to improve as more detailed work is completed.

Samples are being submitted approximately every two weeks to ALS Chemex laboratories in Quito for prep work, and the analytical work will be completed at their lab facility in Lima, Peru.

Due to a lack of outcrop, a soil sampling program was initiated last year and is in the process of being completed.

Such factors include, but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets; increases in input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labor relations matters.

The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.

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