Goldflare Exploration Inc. announced the results of three drill holes from a seven (7) drill hole program totaling 1,816 meters on the Goldfields property, 100% owned by the company. The property is located 35km northeast of the city of Rouyn-Noranda, Quebec. The objective of the program was to validate historical grades and to understand the geometry of known mineralization. The Goldfields property contains a high density of historic drilled gold showings, hosted along the extension of the Porcupine-Destor fault. Iamgold Corporation is currently in the pit development of the Fayolle zone, located approximately 700 meters east of Goldflare's drill program. The Company announced a first high-grade gold result of 15.36 g/t over 7.05 meters including an interval of 103.86 g/t over 1 meter from hole AIG-23-13. Here are some key elements of this drilling: Mineralization takes the form of free gold, hosted in an altered and fractured alkaline intrusion. The drilled interval is located immediately below the overburden cover, at a vertical depth of approximately 20 metres. It is located close to the southwestern limit of the historical drill coverage, central to the claim. The spatial position of the discovery leads to reconsider the geological model and to extend the exploration zone both laterally and in depth along a north-south axis. Hole AIG-23-11 was drilled to intercept a possible extension of the mineralized system to the southeast using a 12-degree drill azimuth. A first grade of 0.47 g/t over 1 meter was obtained from 104 to 105 meters associated with a high density of quartz veins with pyrite and sericite at the contact. A second grade of 1.38 g/t over 1.5 meters was obtained from 178.5 to 180 meters along the hole, in contact with a strip of lamprophyre altered and brecciated by carbonates. Drilling intersected a thick sequence of vacuolar, carbonatized basalt interspersed with bands of generally sheared ultramafic volcanic rocks and conglomerates. Past a depth of 285 meters, the mafic host is affected by
strong diffuse albitization. Finely disseminated pyrite in low percentage appeared along pluri-metric intervals
but without however showing gold enrichment.