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TICKERS: KER; KERMF; 7AZ1

Gold Project in Arizona Returns More Positive Drill Results
News Update

Source:

Intercepts are released for two more holes from this current exploration phase.

Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) announced in a news release that further drill results from the resource expansion program at its Copperstone gold project in Arizona demonstrated 6.1 meters (6.1m) of 15.02 grams per ton (15.02 g/t) gold.

This intercept came from hole 18-21A-05, an exploration step-out hole, and included 3m of 22.4 g/t gold. This indicates the zone is of significantly higher grade and thickness than expected, the company indicated. Its total mining width is 13.1m.

Hole 18-04-01, a conversion hole, returned 1m of 15.91 g/t gold, including 4.6m of 21.02 g/t gold with a 3.2m total mining width.

Generally, the latest results "continued to establish continuity between previously drilled mineralized intercepts in the existing Inferred category while extending mineralization along strike and dip," the release noted.

Giulio T. Bonifacio, Ker's CEO stated, "We continue to be very encouraged with the positive drill results to date. Building off the success of the previously announced results from holes 18-21-04 (16.8 meters of 40.0 g/t gold) and 18-21-06 (10.7 meters of 17.5 g/t gold), our current reported drilling results. . .further confirm that results are upgrading and expanding our currently defined resources beyond the various mineralized domains with both high grades and further continuity."

Additional drill results are pending and will be announced when available, the company noted.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
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