Mineral Mountain Resources Ltd. announced the discovery of a major new zone of high-grade gold mineralization in iron formation around the Standard Mine Target in the northeastern portion of the Rochford Mining District. Sixteen grab samples averaging 64.9 g/t Au (2.01 opt Au) were collected from two new surface zones of mineralization during geologic field mapping. The first zone, known as Birdsong, produced six grab samples from an area measuring 45 x 30 m averaging 39.3 g/t Au while the second, Jackpot, yielded ten samples averaging 80.3 g/t Au from an area measuring 25 x 15 m. These two targets are located 280 meters from each other on interpreted separate fold structures within iron formation.

Previous Mineral Mountain sampling produced values up to 13.1 g/t Au from the dump of the Standard Mine a short distance northeast of Birdsong. During the course of routine mapping and geochemical trace element examinations of alter iron formation in both outcrorop and historic prospect workings around the Standard Mine with the aid of a ThermoFisher Niton portable XRF analyzer, numerous grab samples containing compelling values of indicated gold and/or gold-associated trace elements such as arsenic were found. These samples were of distinctive deeply oxidized, often jasperoidal, siliceous zones within altered iron formation.

Additional grab samples pre-screened for possible precious metals with XRF collected on subsequent field examinations were submitted for fire assay and found to contain high-grade gold values up to 135.0 g/t Au (4.18 opt Au). Investors should note that grab samples are not representative of the actual tenor of the mineral occurrence and the results are only used to measure and identify the distribution of the precious minerals present along this newly defined gold target.