Guardian Exploration acquires mineral claims in Nunavut

Executive Summary

• Guardian Exploration Inc. has acquired nine claim blocks in the Kivalliq region of Nunavut, expanding its land package for the Esker gold project.
• The acquisition adds 844 claim units totaling 16,282.05 hectares, with Guardian holding 100% ownership of these royalty-free claims.
• The new ground extends from the known Esker gold mineral occurrence in the southwest to the River gold mineral occurrence in the northeast, significantly increasing the project's exploration potential.

Key Details

• Acquisition Details: Guardian acquired nine claim blocks located to the east of South Henik Lake in the Kivalliq region, Nunavut.
• Land Size: The acquisition comprises 844 claim units covering a total area of 16,282.05 hectares.
• Ownership Terms: Guardian owns 100 per cent of the claims, which are royalty-free.
• Geographic Context: The land package connects the known Esker gold mineral occurrence at the southwestern end of the claims to the River gold mineral occurrence at the northeast end.
• Company Profile: Guardian Exploration Inc. is a TSX Venture Exchange-listed company engaged in oil and gas, as well as mineral exploration and development. Its portfolio includes the Mount Cameron property (Yukon), Kaigani claims (Alaska), and the Sundog and Esker gold projects (Nunavut).

Notable Quotes

• "Our exploration team is very excited that we've been able to acquire these claims covering a huge project area," says Graydon Kowal, president and chief executive officer of Guardian.