Wednesday December 1 st, 2021, Vancouver, B.C. – Elevation Gold Mining Corp. (TSX.V: ELVT) (OTCQX: EVGDF) (the “Company” or “Elevation Gold”) a U.S.-focused gold and silver producer with district-scale exploration projects in the Walker Lane Trend, is pleased to report recent results from its ongoing multi-phase infill and resource expansion drilling program at the Moss Mine in NW Arizona (Figure 1: Moss Project Drilling Location). Results presented
in this release include those from infill drilling in the East Extension area to the east of the active East pit, and in the Gold Bridge area between the West and Center pits (Figure 2:
Drillhole Location Map).
Key Points, Moss Mine Drilling:
• Elevated gold and silver grades were intersected in the Moss vein and associated
hanging wall stockwork down to depths of between 30 meters and 205 meters below
the current surface along a strike length of almost 175 meters to the east of the East
pit’s eastern crest:
o Drillhole AR21-535R intersected 45.72 meters grading 1.17 g/t gold and 12.53 g/t
silver, including 15.24 meters grading 2.54 g/t gold and 27.08 g/t silver, and
including 6.10 meters grading 3.89 g/t gold and 43.43 g/t silver.
o Drillhole AR21-522R intersected 65.53 meters grading 0.94 g/t gold and 18.70 g/t
silver, including 16.76 meters grading 1.94 g/t gold and 42.39 g/t silver.
o Drillhole AR21-524R intersected 16.76 meters grading 0.96 g/t gold and 10.61 g/t
silver, including 4.57 meters grading 2.95 g/t gold and 23.60 g/t silver.
• Drilling in the Gold Bridge area continues to intersect thick zones of significant
stockwork vein-hosted gold and silver mineralization:
o Drillhole AR21-521R, drilled to the south, intersected 45.72 meters grading
0.40 g/t gold and 3.41 g/t silver, including 4.57 meters grading 0.94 g/t gold and
2.70 g/t silver from 7.62 meters downhole and a further 24.38 meters grading
0.42 g/t gold and 1.13 g/t silver, including 10.67 meters grading 0.72 g/t gold and
1.99 g/t silver from 86.87 meters downhole
o Drillhole AR21-531R, drilled to the north, intersected 76.20 meters of stockwork
mineralization grading 0.33 g/t gold and 2.48 g/t silver, including 6.10 meters
grading 0.63 g/t gold and 1.20 g/t silver, and including 3.05 meters grading
0.94 g/t gold and 1.60 g/t silver, and including 7.62 meters grading 0.50 g/t gold
and 5.70 g/t silver.
Elevation Gold President, Michael G. Allen commented, “We are very excited about the
expansion potential that is being demonstrated at the Moss mine through our infill-exploration
drilling program. Continued intersection of thick zones of significant stockwork-hosted precious
metal mineralization in the Gold Bridge area provide further support for the potential to
amalgamate the West and Center pits into a single pit. The new drill results along almost 175
meters of the Moss vein system in the Eastern Extension area highlight the mine expansion
potential to the east. We are planning an expanded drilling program for 2022, focusing on bothresource expansion and exploration drilling.”
Elevation Gold Vice President Exploration, Warwick S. Board commented, “Successful
intersection of the Moss vein system almost 175 meters along strike to the east of the current
East pit establishes a new ‘known’ baseline from which to conduct additional systematic
resource expansion drilling to the east. The thick intersections of stockwork-hosted gold and
silver epithermal mineralization in the West pit could represent the uppermost parts of the
Moss vein system that were down-faulted to the west along the Canyon fault that runs between
the West and Center pits. Additional drilling is being conducted to assess the potential for
intersecting master veins to further augment the bulk tonnage stockwork mineralization.”
Eastern Extension Drilling
Systematic drill exploration in the East Extension area has successfully intersected the Moss
vein and hanging wall stockwork along a strike length of almost 175 meters extending from the
current eastern crest of the East pit (Figure 2: Drillhole Location Map: Figure 3: Cross Section:
East Extension, Line 2 ). Depths to significant gold and silver intersections ranged from
approximately 30 meters to nearly 205 meters below surface. Assay results for eleven RC
drillholes from six different drilling locations in the East Extension area are included in this
news release (Table 1). Results from this drilling are being used to inform additional drilling in
the East Extension area.
Gold Bridge Drilling
Broad intersections of stockwork-hosted epithermal gold and silver mineralization were
intersected from surface down to depths greater than 230 meters below the current surface in
the Gold Bridge area pits (Figure 2: Drillhole Location Map; Figure 4: Cross Section: Gold
Bridge. Site 2 ), further highlighting the potential for linking the Center and West pits (see News
Release dated November 4, 2021). A total of ten RC drillholes drilled from a single location in
the Gold Bridge area located between the Center and West are included in this news release
(Table 1).

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