Q-Gold” or the “ Company”), a Canada-based mineral exploration company targeting high-grade gold and silver discoveries in multiple jurisdictions, is pleased to announce the launch of its 2021 drill program at its wholly-owned Foley Gold Mine complex in Ontario. Over the past two months, Q-Gold geologists have completed an extensive data compilation and 3D Leapfrog modeling of the high-grade gold-vein system that includes over 5,900 m of NI 43-101 compliant drilling with results of up to 53.47 g/t Au over 1.5 m and 106.7 g/t Au over 0.23 m (refer to Q-Gold Resources press release September 30, 2020 for additional details). This exercise has resulted in the finalization of a two-phase drill program.