Cameo Resources samples average 12.26 g/t Au at Katoro

Mr. Brian Thurston reports CAMEO SAMPLES AVERAGE 12.26 GRAMS PER TON GOLD ON KATORO PROPERTIES IN TANZANIA Cameo Resources Inc. has released the results from the recent site visit to the Katoro gold properties, located in the Geita region of the Lake Victoria goldfields of Tanzania. The properties cover 12.52 square kilometres (km) situated within the prospective Sukumaland greenstone belt within the Lake Victoria goldfield (LVGF). One of the most important mining sites in Africa, Tanzania's LVGF holds several multimillion-ounce gold deposits and has continuing operations by some of the largest gold companies in the world. The concessions have been explored by artisanal miners, evidenced by the multiple shallow pits and trenches showing iron carbonate altered mafic volcanics (basalts) and quartz feldspar porphyry intrusions. Gold is associated with grey quartz veins and stringers that exhibit a pinch and swell characteristic, parallel to the fabric of east-west shear zones. The concessions occur within a broader area that has seen exploration and mining activities by several companies including, TRX Gold Corp., AngloGold Ashanti PLC and Iamgold Corp. The company's qualified person (QP) visited the property in June of this year to review the land package, as well as several active mining and milling operations that surround the property, and is currently completing a National Instrument 43-101-compliant report. Multiple samples were taken from active artisanal mining pits on the property and ranged from 1.63 grams per tonne (g/t) gold (Au) to 34.2 g/t Au and averaged 12.26 g/t Au. All samples were sourced from alluvial material that covers the property and consisted of grey mottled quartz vein with moderate fracturing and strong iron-oxide staining. This same quartz vein material was sampled from an active hard rock mine five kilometres from the property and assayed 9.85 g/t Au. Several small- to medium-scale mining operations were observed surrounding the property, where samples taken from one hard rock operation less than 200 metres from the property boundary, returning assays ranging from 12.58 g/t Au to 238.74 g/t Au and averaging 108.83 g/t Au. Another site of particular interest that was visited was an operation being set up just 500 metres from, and surrounded by, the company's property boundary that is currently developing an open pit approximately 200 metres (m) by 150 m a custom milling and processing plant, and a leach pad. Brian Thurston, PGeo, states: "The Katoro property is uniquely situated in the centre of many currently active gold operations. Multiple privately run mills are in operation exploiting gold rich structures less than 100 metres from surface, and small- to medium-scale mining and processing operations are located as close as 200 metres from the company's property boundary. The high gold values from the Katoro property are not surprising to see the based on all the activity surrounding the claims. It will be exciting to see the results of the fast-tracked geophysical work currently being undertaken to help delineate the mineralization potential of this highly prospective property." Cameo has engaged HETAMIS Mineral Services Ltd., of Dar es Salam, Tanzania, to complete a high-resolution drone magnetic survey covering the Katoro gold properties. The program is already under way and consists of approximately 230 line kilometres (km) with 35 line km tie lines of high-resolution magnetic data acquisition using drone-mounted magnetometer (MagArrow II from Geometrics Canada). Survey lines are being flown in a systematic grid, typically with a 50 m line spacing, oriented north-south perpendicular to the east-west regional structural trend. Data are being processed to generate total magnetic intensity (TMI), vertical derivative and reduced-to-equator (RTE) maps for structural interpretation and lithological mapping to delineate major and subsidiary shear zones, faults and structural intersections that may serve as controls for gold mineralization, particularly those trending east-west or crosscutting orientations. About HETAMIS Mineral Services Ltd. HETAMIS Mineral Services stands at the forefront of the mining industry, offering a comprehensive suite of consulting services that encompass environmental, technical and operational aspects. Its team boasts a rich legacy in providing consultancy services for all mineral sector-related activities, including geology, mining, mineral processing and environmental services. HETAMIS Mineral Services prides itself on delivering high-quality solutions to meet the diverse needs of its clients. Qualified person Brian Thurston, PGeo, the company's technical adviser and a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, has reviewed and approved the technical information in this news release. About Cameo Resources Inc. Cameo Resources is a dynamic mineral exploration company dedicated to discovering and developing valuable mineral deposits. We seek Safe Harbor.