QuestEx Gold & Copper Ltd. announced results from a reconnaissance prospecting and geophysical campaign conducted in summer 2021 at Black Bluff, which is located on QuestEx's 100% owned, 312 square kilometre ("km") KSP property in the heart of British Columbia's prolific Golden Triangle district. Black Bluff is one of three large and high-grade gold ("Au") and copper ("Cu") targets that were explored by QuestEx in 2021 at KSP. The 2021 exploration program at Black Bluff consisted of a 3.8-km-long geophysical Induced Polarization ("IP") reconnaissance survey line, collection of twenty-two samples from surface outcrops, and preliminary detailed mapping.

Highlights of the results include: Recognition of a buried, approximately 1,100 m long geophysical chargeability anomaly that underlies the main Black Bluff showing (Figures 1, 2, 3), an area with a coincident strong magnetic anomaly, extensive outcropping quartz-magnetite veins and moderate to strong quartz-sericite-pyrite alteration, all of which are interpreted to be related to a porphyry Cu-Au system. Identification of a 90 X 25 metre ("m") exposure of a gold and copper-rich quartz-breccia zone that remains open along strike and has never been tested by drilling (Figure 4); best 2021 sample* from this zone grades 51.7 grams per tonne ("g/t") Au, 370 g/t silver ("Ag"), and 3.47% Cu from a 0.25 m channel sample. Collection of samples within a 4 by 5 km area demonstrating a wide-spread distribution of high-grade mineralization, with maximum grades of 51.7 g/t Au, 702 g/t Ag, 23.83 % Cu and 10.26% zinc ("Zn") (see Table 1 for highlights and Table 2 for a full list of results, maximum, minimum, mean and median values).