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Graycliff Exploration is pleased to announce that the Company’s maiden drill program has commenced at the Shakespeare Gold Project, near Sudbury, Ontario. Graycliff will complete 2,000 metres (“m”) of core drilling in 2020. The program will initially be focused on the area surrounding the former Shakespeare Mine shaft and along strike for over six (6) kilometres following the prospective gold horizon that the Company has identified through its analysis of historical data.

Graycliff Exploration is pleased to announce that the Company has identified a new exploration target as a result of its recent visit to the property that was prompted by an in-depth review of historical data during 2020 on the Company’s Shakespeare Gold Project located on the prolific Canadian Shield near Sudbury, Ontario. The historical review identified that the exploration adit driven into the 3rd level (the “#3 Adit”) of the past producing Shakespeare Gold Mine was historically sampled, however it was never drilled or mined. Following the site visit, which confirmed easy access to the area, Graycliff is now considering the possibility of re-opening the #3 Adit.  This would allow the exploration team access to carry out channel sampling along the mineralized gold zones and to drill a greater number of shorter, targeted core holes from the underground access tunnel.

Graycliff Exploration is pleased to announce that the Company has acquired additional mining claims comprising approximately 330 hectares at the Company’s Shakespeare Gold Project located on the prolific Canadian Shield near Sudbury, Ontario. Graycliff’s ground package now comprises 847 hectares. The New Claims are comprised of two blocks totalling 15 mining claims, which are located to the northeast and southwest of the past producing Shakespeare Mine.