Market Overview

Core Gold Announces Initial Trench Results From the Copper Duke Project, Including 120 Meters Averaging 0.362 g/t Au and 0.38% Cu

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VANCOUVER, British Columbia, Sept. 18, 2019 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSXV:CGLD, OTCQX:CGLDF) is pleased to provide an update on its 100%-owned Copper Duke Project ("Copper Duke" or the "Project") located in the province of Loja in Southern Ecuador. 

Copper Duke Exploration

Exploration trenching on the El Huato target area of the Copper Duke project confirms a previously identified copper and gold soil anomaly (figure 3), associated with an area of intrusive breccias 300 meters long by 100 meters wide and open to the northeast.  Six trenches totaling 1,046 meters have been geologically mapped with a total of 481 samples collected, all of which are either channel or panel continuous chip sampled with 22 control samples added for QA/QC.

The following Table 1 presents a summary with the best intervals within each trench:

TRENCH - A From (m) To (m) Length (m) Au (g/t) Cu (%)  
(Inclined Distance)  
Mineralized Interval 0.00 120.55 120.55 0.36 0.38  
Including 78.75 120.55 41.80 0.76 0.90  
Including 11.68 13.68 2.00 2.15 0.09  
Including 20.19 20.29 0.10 4.32 0.05  
Including 70.58 72.58 2.00 3.19 2.63  
Including 78.58 80.58 2.00 1.26 1.45  
Including 89.60 91.60 2.00 1.01 1.39  
Including 93.61 95.61 2.00 1.21 1.29  
Including 99.29 101.29 2.00 1.12 1.18  
Including 100.52 102.52 2.00 1.87 3.13  
             
TRENCH - B From (m) To (m) Length (m) Au (g/t) Cu (%)  
(Inclined Distance)  
Including 50.63 65.65 15.02 0.17 0.20  
             
TRENCH - C From (m) To (m) Length (m) Au (g/t) Cu (%)  
(Inclined Distance)  
Including 10.28 18.28 8.00 0.17 0.17  
             
TRENCH - D From (m) To (m) Length (m) Au (g/t) Cu (%)  
(Inclined Distance)  
Including 17.78 59.68 41.90 0.25 0.21  
Including 37.78 59.68 21.90 0.43 0.31  
Including 43.89 48.29 4.40 1.20 1.07  
Including 45.75 47.75 2.00 2.30 2.06  
Including 364.55 364.85 0.30 1.48 0.69  
             
TRENCH - E From (m) To (m) Length (m) Au (g/t) Cu (%)  
(Inclined Distance)  
Including 292.90 304.90 12.00 0.66 0.07  
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