Gold Lion Resources Inc. announced the final results of abandoned drill hole SO-01 on its South Orogrande Property which was stopped short of intersecting its target, due to drilling challenges. The hole was drilled at a shallow dip of -45° and was designed to test the newly defined Horseshoe Bend target located within the Property's X Zone. The hole was prematurely terminated by the contractor at 881 feet (269 meters), approximately 1000 feet (305 meters) short of the planned target depth.

The final 72.2 meters of the hole intersected 0.15 g/t gold from 196.29 meters to 268.53 meters and ended in increasing levels of mineralization and quartz-sericite-pyrite alteration with depth. The Company's inaugural drilling program on the Property was challenged by a large wildfire, severe supply chain disruptions and a lack of labour market participation brought on by the Covid-19 pandemic. The Company had planned for a 4-hole drill program on the Property, but the drilling company which was contracted was unable to provide suitable drilling equipment and personnel and drilled just one hole to half of its target depth.

Despite being stopped short of the IP geophysical target, encouragingly, the hole displayed increasing amounts of alteration and sulfide mineralization with depth, supporting the validity of the target.