Bond Resources Inc. reported that it has completed its first underground drill program at its wholly-owned Mary K mine property near Elk City, Idaho. The last four holes of a 14-hole underground drill program all intersected the Mary K vein/structure below the Historical #4 level of the mine. Gold mineralization in the vein is nuggety and post mineralized faulting along portions of the structure resulted in poor core recoveries that ranged from 20% to 75%.

The best intersection from the drill campaign occurred in hole MK-26 which was previously released March 28th, 2022. MK-26 intersected 16.04 g/t gold over 1.37 metres and included a 0.3 metre section that averaged 70.35 g/t gold. During the underground development phase of work, the Company encountered unstable ground due to post mineralization faulting found along the vein and close to historical workings.

The geological, structural, and rock competence data collected during the recent drill campaign will help Bond to develop a safe and efficient mine plan to acquire a bulk sample. The property also hosts extensive evidence for the existence of at least one additional vein system. Geologists recently identified a structure on the surface located about 1,500 ft (457 metres) south of the portal.

Exposed quartz on the structure was chip sampled and averaged 0.450 opt (15.43 g/t) gold over 18 inches (0.46 metre). Additional exploration in the form of trenching and follow-up drilling will target this area in the future.