BARDOC GOLD LIMITED GROWS THE APHRODITE PROJECT WITH GRADE AND WIDTH

The Company has announced some interesting grades and intersections outside the current reserve category at its Alpha lode. The results are outside the previous strike zone and confirmed by diamond core drilling.

intersects include: 15.1m @ 6.58g/t Au from 418m including 5.3m @ 15.86g/t Au in one hole and 6.7m @ 3.01 g/t Au in another. The Company goes on to say that these latest results correlate and support prior results form the Alpha lode. Those holes includes: 22.6m @ 4.54g/t Au from 202.4m including 6.5m @ 11.25g/t Au fm 206.5m in one hole and 6.9m @ 4.72 fm 107m in another hole.

The Company also reported that drilling is continuing on the other gold projects and are planning to announce a new resource upgrade in Q3 of 2020.

The published ore reserves for the Aphrodite project is 500,000 ounces comprising of 2.83mt @ 2.4g/t Au for 210,000 ounces and Underground Reserves of 2.38mt @ 3.7g/t Au for 290,000 ounces.

On the corporate side the Company announced that it had redeemed $11.34m of its surplus cash funds previously invested with Assetline Capital. The funds redeemded will be allocated to the costs of the DFS and ongoing exploration activities. The Company also said it received 552,000 in interest from Assetline Capital.

Bardoc traded 4 million shares today up 1.2% to finish at 8c.

Goldman

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