Aurwest Resources Corporation announce that it has received approval from the Newfoundland and Labrador Mineral Lands Division for a 33-hole, 10,000-meter drilling program on its Paradise Lake gold project in central Newfoundland. The phase one stage of this overall program will include 13 drillholes based on approximately 3,000 meters of drilling which is scheduled to commence in late January subject to weather conditions. Priority targets for the drilling program will be selected based on a compilation of previous airborne geophysical surveys, mapping, and geochemical surveys as well as the recently completed IP survey.

The objective is to identify the source of high-grade gold in quartz rich boulders that coincide with buried geophysical anomalies surrounding Paradise Lake. The 2021 field program successfully identified a 3km long structural zone evidenced by up to 14.3g/t Au in outcrop/sub-crop, intense late stage silicification, ankerite alteration and prominent chargeability anomalies associated with two post sediment intrusives in the Paradise Lake-Twin Ponds area of the project. The program will last a couple months, and results are expected in spring 2022.