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Shareholder Letter from Relevant Gold

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Shareholder Letter from Relevant Gold

 

 

 

 

 

(To see the video version of this message from Rob click here.)

 

Happy New Year from Relevant Gold!

On behalf of the Company, I’d like to thank all our shareholders for their continued support and enthusiasm as we reflect on another incredible year for the Company. I’d also like to thank the RGC team and the many vendors and strategic partners who contributed to making 2023 a success – especially Golden Buffalo Mining, Energold Drilling, BRS Engineering, and Big Rock Exploration.

Building off the successful proof of concept program in 2022 at Golden Buffalo where we drilled 83.8 g/t Au over 1 metre and 54% of drill holes intersected Abitibi-style gold mineralization. Our 2023 program focused on expanding that success across the greater RGC property portfolio through regional soil sampling, geophysics and detailed mapping and rock chip sampling and a 1,500 m drill program at the Heavy Hand target at Lewiston (results pending).

We executed our strategy as planned in 2023 and are proud of our success from this year:

·        Raised over C$3M on an oversubscribed, non-brokered private placement during a very challenging market, and we did so at a significant premium to our share price.

·        Upgraded our listing to the TSXV and added an OTC listing in the U.S. this year to reach new and larger segments of the trading market.

·        Sampled 5.3 g/t Au, 107 g/t Ag, and 6.25% Cu at Bradley Peak and 18.9 g/t Au and 486 g/t Ag at Shield-Carissa with results pending from Golden Buffalo soils and rock chip samples.

·        More than doubled the number of high-grade drill targets at our district-scale projects, including new targets at Bradley Peak, Shield-Carissa, and Golden Buffalo.

·        Increased the amount of mapped prospective shear zones to 50+ km of secondary shears across our 5 major district-scale projects.

·        Proved that an orogenic system of scale exists at depth at Lewiston and are awaiting lab results to understand gold and geochemical fertility.

·        Added significant value at no cost to shareholders through inclusion in a regional airborne geophysics program flown by USGS and the Wyoming State Geological Survey (WSGS) as well as renegotiating select property leases.

 

As we look forward to 2024 the Relevant Gold technical story continues to strengthen. We’ve explored the ground through rock chip sampling, soil sampling, trenching, geophysics, and exploration drilling, and we’ve defined numerous district-scale, high-grade gold opportunities along the way.  The data suggests that we are in a widespread, fertile orogenic gold system with Abitibi-like potential and we’ve assembled a substantial land package, well-positioned to pursue the next mega-district for gold development in North America. We are in one of the top mining-friendly jurisdictions globally with direct access to water, utilities, and infrastructure that make future development feasible. We are led by a proven team of value creators who have pioneered major discoveries and created billions of dollars in shareholder value in their previous endeavors. And we are just getting started!

We anticipate results from our drilling at Lewiston soon and are planning a robust 2024 exploration program where we expect to drill several high-value targets. We are extremely thankful to all of you who are part of the journey, and we look forward to what 2024 will bring. Join us for the next big discovery!

Sincerely,

 

Rob Bergmann, on behalf of Relevant Gold Corp.

 

Posted January 12, 2024

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