Cache Exploration Inc. announces the property purchase agreement dated May 1, 2019 between Cache and Rachid Mogabgab, which was accepted by Exchange Bulletin dated September 4, 2019, has been canceled by Richard Mogabgab (the vendor) on January 20, 2020. The Company has been notified that its operating license has been withdrawn by the town hall of Nouga in Mali on December 6, 2019. The Company has also been notified by a legal representative of the town hall of Nouga that the cancellation can be cured by payment of outstanding security fees of $7,500.00. Cache has decided not to pay the outstanding security fee of $7,500 and will let the license lapse. Cache will focus on its main asset the Kiyuk lake Gold Project in Kivalliq Region - Southwest Nunavut. The Kiyuk Lake Property covers 590 square kilometers in Kivalliq Region - Southwest Nunavut. The 2017 drill program confirmed and extended a known target and discovered significant gold mineralization at a new target area, East Gold Point. At Rusty Zone the Company not only confirmed that mineralization extends to 200m below surface but also intersected a previously unknown high-grade phase of 8m of 26.4 g/t gold. At the same time, the Company discovered extensive mineralization at East Gold Point with 64 m at 1.5 g/t gold and 10 m at 6.5 g/t gold. Prospecting returned two +5 g/t gold samples and the till campaign isolated two new anomalous areas that offer compelling evidence for further possible discovery. One to two kilogram till samples collected in the field were screened to -230 mesh at the Bureau Veritas Minerals laboratory in Vancouver, British Columbia before being digested using a dilute aqua regia digestion of a 30g subsample (code AQ252) and analyzed by ICP-MS for a suite of 37 elements, including gold. Data accuracy and precision is monitored with certified reference materials submitted with the samples and field duplicates, as well as through monitoring of laboratory internal standards and pulp duplicates.