Orca Gold Inc. (TSX-V:ORG)  is pleased to provide an update on exploration at its Block 14 Gold Project in the Republic of the Sudan.

HIGHLIGHTS

DETAILS

2018 drilling at Block 14 increased Indicated Resources to 3.34Moz (79.9Mt at 1.30g/t) with an additional 0.94Moz in the Inferred category (18.5Mt at 1.2g/t) (News Release September 19, 2018) and formed the basis for the Block 14 Feasibility Study (News Release November 07, 2018).

Tables 1 and 2 below show the results to date from drilling following completion of the Feasibility Study. The aim of this drilling was to test several underexplored high-grade targets at GSS (Figure 1) and to follow up on previous drilling at the Liseiwi prospect, 65 km NE of GSS and 16km N of the Wadi Doum deposit.

Commenting on these new positive exploration results, Hugh Stuart, President and Director, said: “Our geological understanding of the mineralisation at GSS continues to grow. There is a higher-grade core to the deposit that allows us to produce over 220koz per year in the first 7 years of the mine life. We are now targeting plunging high grade structures within this core towards increasing the overall grade of GSS. These latest drill results are the first from this initiative. At Liseiwi we continue to intersect and confirm high grades. These new results suggest the real potential of developing a second high-grade satellite resource complementing the Wadi Doum deposit”.

GSS

At GSS, holes GSRC 830 and 831 were drilled into the North East Target (Figure 1), a small outlying pit included in the Feasibility Study, and confirm a structure hosting significant grade. The intercepts of 41m grading 7.85g/t and 28m at 3.68g/t lie at the base of the current pit design and demonstrate a high-grade plunging extension to the mineralisation at depth at this target.

Further drilling to the north of the Main Zone at GSS also intersected high-grade mineralisation in the GT04 target (Figure 1), with a single hole returning 26m at 3.84g/t from surface. Previous drilling on this target intersected 13m at 10.19g/t (GSGT004) and 9m at 20.41g/t (GSRC268). 3D modelling of this structure is in process aimed at better defining orientation for the next phase of drilling.

Drilling at Target A, 200m south of the East Zone pit at GSS (Figure 1), tested a new geological interpretation and successfully intersected significant widths and grade in several holes, including 20m at 2.07g/t. The distinctive albite-carbonate-sericite alteration package (Figure 1) extends southward in this area and requires further exploration.

Table 1: Galat Sufar South Intercepts

Liseiwi

At Liseiwi, 11 RC holes were completed to follow up on an early discovery (see Figure 2). The high-grade mineralisation at Liseiwi is hosted by a silicified andesite with distinct pyrite veining. This mineralisation has now been intersected in several parts of a large artisanal working. The latest programme of drilling has confirmed the potential of the target and expanded the interpretation of the controls on the high-grade zones.

Table 2: Liseiwi Intercepts

Exploration is continuing at GSS with the aim of developing the higher-grade portions of the orebody and elsewhere within the Block 14 Exploration permit area with the target of identifying further high-grade satellite deposits that have the potential to positively impact the economics of the project.

About Orca Gold Inc.

Orca Gold Inc. is a Canadian resource company focused on exploration and development opportunities in Africa, where it is currently focused on the development of its 70%-owned Block 14 Gold project in the Republic of the Sudan. The Company has an experienced board of directors and management team and a strong balance sheet.

The technical contents of this release have been approved by Hugh Stuart, BSc, MSc, a Qualified Person pursuant to National Instrument 43-101. Mr. Stuart is the President of the Company, a Chartered Geologist and a Fellow of the Geological Society of London.

Samples used for the results described herein are prepared and analyzed by fire assay using a 50 gram charge at the ALS Chemex facility at Rosia Montana in Romania in compliance with industry standards. Field duplicate samples are taken and blanks and standards are added to every batch submitted.