Golden Lake Exploration Inc. announced high-grade silver and base metal results from its newly acquired Pinto Property (Property) in White Pine County, Nevada, located approximately 15 kilometres from the Company's keystone Jewel Ridge Property. The Pinto property was staked based on the Company's ongoing generative exploration activities on Nevada and comprise approximately 440 acres (178 ha). The new claims are 100% owned by the company and do not have royalty obligations or work commitments.

A total of 23 rock grab samples were collected by Company personnel, over the Property that returned precious and base metal values up to 0.31 grams gold per tonne (g/t Au), 2600 grams silver per tonne, (g/t Ag), 5.56 % copper (% Cu), 14.05 % lead (Pb), and 10.6 % zinc (Zn). The Pinto Mining district was primarily worked for high-grade silver from approximately 1869-1922, evidenced by numerous adits, shafts, and prospect pits found throughout the district. A small open-pit operation was initiated in the early 1980's by Mars Mining.

Carbonate replacement deposits (CRDs) and polymetallic quartz veins are the mineralization styles present in the district. Mineralization is primarily hosted in Devonian carbonate units with the Devil's Gate Limestone being the host rock for all of the significant CRD (carbonate replacement deposit) mineralization. The Devil's Gate is an important host at the Pan Gold mine, owned by Calibre Mining Corp, located approximately 29 kilometres to the southeast of the Property.

The reader is cautioned that grab rock samples, while not representative of the grade of mineralization of an occurrence or target, are useful in determining prospectivity and geological features. All l samples were taken by Company consulting geologists and were delivered by the company's project manager to ALS labs' facility in Elko, Nevada. All samples are analyzed for gold, silver and 48 other elements.

Gold is determined by ALS method Au-AA23, which is a fire assay with an atomic absorption finish on a 30-gram split. The remaining 48 elements are determined by ALS method ME-MS61, which is a four-acid digestion and inductively coupled plasma atomic emission spectroscopy assay, with ALS OG62 analysis four acid ore grade analysis for the over-limit samples. Golden Lake is reliant on ALS Labs in Reno, Nev., for its QA/QC protocol as these are preliminary samples and limited in number.

PM-21to PM-23 are missing gold results due to a miscommunication with the lab. Overlimit analyses for tin were not requested on the initial submittals.