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The initial pit-constrained Mineral Resource Estimate (“MRE”) consists of 2.475 Moz. Au in Indicated Mineral Resources grading 1.84 g/t Au, and 1.762 Moz. Au in Inferred Mineral Resources grading 2.02 g/t Au.

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Gold mineralization at the Kairuni zone remains open at depth, with high grade zones already demonstrated beneath the open pit constrained MRE in Block 4.

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The MRE confirms a distinct high-grade gold mineralized domain within Block 4, parallel to the Footwall Granitoid, which remains open at depth. This zone has been defined using 75 drill hole intercepts within Block 4. These intercepts averaged a grade of 7.38 g/t Au with an average estimated true thickness of 5.6 m.

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An infill and expansion drilling program continues on the Kairuni zone, with the intention of:

Expanding the high-grade domain in Block 4 to dept

Expanding the volume of resources in Blocks 5, 6 and 7, and

Infill drilling of inferred resources to a drill spacing suitable for conversion to an indicated classification.

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In addition to the ongoing drilling at the Kairuni zone, the Company believes there is further potential to discover additional zones of gold mineralization outside of the Kairuni zone – an exploration program including 15,000 m of combined RC and diamond drilling is initially planned to target these areas.

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This initial MRE will form the basis of a PEA study, expected by Q4 2023.

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Longueuil, Quebec, June 13, 2023 – Reunion Gold Corporation (TSXV: RGD; OTCQX: RGDFF) (the “Company”) is pleased to announce an initial Mineral Resource Estimate (“MRE”) at the Kairuni zone on its Oko West Project in Guyana, with an effective date of June 1, 2023. The pit constrained MRE is comprised of 2.475 million ounces of gold in Indicated Mineral Resources contained within 41.789 million tonnes grading 1.84 g/t, and 1.762 million ounces of gold in Inferred Mineral Resources contained within 27.129 million tonnes grading 2.02 g/t Au. Table 1 shows a breakdown of the MRE by tonnage, grade and total ounces (oz) of gold (Au), categorized by resource classification category. Figure 2 shows a perspective view of the MRE in relation to drilling completed and used in the resource estimation.

Table 1 – Oko West Mineral Resource Estimate by classification
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