Gold Potential With New Property Acquisition, Follows Positive Lab Results at JSHG’s Champion Mine Property

February 28, 2023 at 08:30 AM EST

--News Direct--

McapMediaWire -- In gold news, Joshua Gold Resources Inc. (OTC: JSHG) is pleased to announce that it has recently acquired full ownership of 12 mining claims adjacent to its historic Champion Gold Mine property east of Kenora, Ontario, Canada. The company has dubbed the new property Champion Two.

The acquisition of Champion Two is notable because it sits adjacent to the company’s Champion Mine property, which it acquired in August 2022. While long-dormant, the Champion Mine has a long documented history and is known to have produced 1521 ounces of gold (as of May 1936). A recent ground sampling program conducted by the company produced intriguing results.

Fred Sharpley, JSHG’s Chief Geologist and Qualified Person (QP) said of those results, “Two high-grade grab samples 19483 and 19484 were about 3m and 5m down the shaft assayed 33.6 g/t Au and 123 g/t Au respectively in the quartz vein.” He went on to add, “Additional sampling of the quartz veins on the property is required.”

The new property, Champion Two, was recently ground sampled by the previous rights holder prior to the acquisition by JSHG. Lab results from that program are pending. Joshua Gold Resources plans to report on those when they are available.

Joshua Gold Resources CEO Ben Fuschino commented, "Based on the excellent independent lab results from our ground sampling program at our adjacent Champion Mine site, we’re excited to add even more gold potential into Joshua Gold Resources’ property portfolio.”

About Joshua Gold Resources Inc.

Joshua Gold Resources Inc. (OTC: JSHG) is a publicly traded American gold and mineral exploration company headquartered in Canada, home to the 3 billion-year-old Canadian Shield which contains a wealth of minerals from nickel, gold, copper, lithium, cobalt, niobium, lithium to chromium.

Safe Harbor Statement: This press release contains forward-looking statements of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. Forward-looking statements are not a guarantee of future performance and results, and will not be accurate indications of the times, or by, which such performance will be achieved.

Investor Relations Contact:

Peter Nicosia, President of Bull In Advantage, LLC

Phone: (585) 703-6565

Email: investors@joshuagoldresources.com