Stratabound Minerals Corp. provided an update on exploration activities and results received to date on its McIntyre Brook Gold Project located on strike of, and adjacent to, Puma Exploration's Williams Brook-O'Neil high-grade gold trend and adjacent to Gold Terra Resources Corp.'s newly acquired Mulligan property featuring recently released trench results including 3.48 g/t gold over 16 metres, in the evolving new Triple Fault gold district in northern New Brunswick. The company also reports progress on its Golden Culvert, Yukon Territory Gold Project, an updated NI 43-101 Mineral Resource Estimate on its Dingman Gold Project, Ontario and announces it has issued stock options to its board members and management.

Soil sampling is now 100% complete over the entire project; however, assay results are only complete on the western half of the project with assays pending for soil samples collected on the remaining eastern half this 2022 season. The 2,862 soil samples collected in 2021 were taken preferentially from the B-horizon with an auger at 50-metre spacing along lines spaced 200 metres apart. Additionally, 462 outcrop, subcrop and float follow-up rock samples were collected on previously identified gold and copper anomalies and trends.

Of special new interest is the Moose Brook Zone which features five selected follow-up grab samples of subcrop and float up to 19.85 g/t gold and 4.43% (44,300 ppm) copper with associated anomalous cobalt, zinc, lead and silver values lying within a new 1 km by 350 m wide >30 ppm copper soil anomaly. Alteration assemblages associated with significant mineralization include various degrees of silicification, hematization and potassic alteration.