Reunion Gold Corporation announced additional drill results from its Oko West project in Guyana. Results from an additional 38 diamond drill holes (totalling 14,965 m) include additional diamond drilling within the Block 4 zone, extending the known extent of mineralization down dip and along strike, while also demonstrating the potential for higher grade, structurally controlled shoots within the broader mineralized system. Drilling within Block 4, designed to provide a sufficient drill density for a maiden resource estimate in mid-2023, continues to intersect highly encouraging intervals as shown in Table 1 below.

Highlights include 39.5 m at11.04 g/t Au in D-185, 37.0 m at 4.66 g/t Au in D-182, 107.3m at 2.74 g/t Au in D-187 and 86.0 m at 2.75 g/t Au in D-176, all using a 0.3 g/t Au cut-off. Due to the commencement of deeper drill holes with a more acute angle of intersection of the drill hole to the plane of mineralization, the Company is now reporting Estimated True Thickness (ETT) for all significant intervals within and near Block 4. The Company continues to intersect higher grade intervals within the current Block 4 drill program and believes these zones relate to potential higher-grade and structurally controlled shoots. The narrower but higher-grade zones intersected to date demonstrate the potential to define mineralized volumes at a significantly higher cut-off, in turn allowing for exploration upside within deeper portions of Block 4. Intersects from this release that highlight these zones include 17.6 m at 21.32 g/t Au in hole D-185, 41.0 m at 5.71 g/t Au in hole D-187 and 22.9 m at 7.36 g/t Au in hole D-176.

The Company believes that such higher-grade zones may be controlled by the intersection of two local foliations, resulting in potential steep northerly dipping intersection lineations. Two drill holes, D-200 and D-203, targeted the deeper extension of Block 4 and each encountered broad zones of mineralization, extending the known down-dip length of mineralization by over 400 m from the deepest previously reported drilling (to 970 m below surface). Significant intervals are listed in Table 2 below and include 20.6 m at 3.03 g/t Au (13.3 m ETT) in hole D-203.

The Company continues to follow up reverse circulation drill results from Blocks 5 and 6, located along strike and to the south of Block 4, with diamond drilling. Highlights from recent drilling include 61.0 m at 0.93 g/t Au in D-196 from Block 6, and 42.5 m at 0.86 g/t Au from D-206 from Block 5. In 2023, the Company's exploration efforts will be focused on two main initiatives. The first is to continue the step out drilling on the Kairuni zone in support of a maiden resource estimate in 2023.

This includes both ongoing expansion drilling in Block 4 to approximately 575 m depth and step out drilling along strike and to depth in Blocks 1, 5 and 6. The Company will also continue to investigate the potential for higher grade zones associated with structural intersections, within Block 4 in particular. The second priority is to explore areas that lie outside of the current resource definition drilling program, but within the Oko West permit, to identify additional new zones of gold mineralization. This latter program will include: Follow up exploration and drill testing on the Takutu zone to investigate areas of anomalous gold identified by the initial wide-spaced RC drilling program.

Conduct ground magnetics (mag) surveys over the area proximal to the main shear zone (Carole Zone), to identify additional zones that may have a similar mag signature to Blocks 1, 4, 5 and 6. This work includes the area immediately west of the current definition drilling where narrow gold intersects in earlier RC drilling indicate the possibility of parallel shears within the mafic volcanics. The Company will be carrying out approximately 8,000 m of scout RC drilling using a smaller rig designed to drill 30 to 40 m deep holes over the Bryan Zone, to build a more comprehensive geochemical anomaly map of the west of the permit where duricrust and alluvial cover prevent the use of shallow soil surveys. Downstream alluvial working in particular point to the potential for gold sources in the topographically higher areas capped by duricrust.

Follow up of any generated targets will be conducted in second half 2023.