ALACER GOLD REPORTS INITIAL DRILL RESULTS FROM THE COPPER HILL COPPER EXPLORATION PROSPECT

April 22, 2020, Toronto: Alacer Gold Corp. (“Alacer” or the “Corporation”) [TSX: ASR and ASX: AQG] is pleased to announce initial drill results for the Copper Hill (Bakır Tepe in Turkish) copper (“Cu”) prospect. Copper Hill is located approximately 60km northwest of Gumushane Province and 30km southwest of Kurtun town, in the Black Sea region of northeast Turkey (Figure 1). The initial testing of the target consisted of eight diamond drill holes totaling 3,180.8m. Seven of the eight holes intersected sulfide (chalcopyrite) copper mineralization, many with impressive grades including holes:


  • EKD-02: 40.8m @ 0.87% Cu from 77.7m and 40.8m @ 2.66% Cu from 144.7m, including 16.7m @ 4.7% Cu from 152.9m and 8.2m @ 2.95% Cu from 174m, and 16.6m @ 0.44% Cu from 202m and 10.9m @ 0.5% Cu from 290.4m
  • EKD-03: 6m @ 0.39% Cu from 33m and 10.5m @ 0.2% Cu from 45m and 70.3m @ 1.66% Cu from 83.7m, including 4.4m @ 8.25% Cu from 115.3m
  • EKD-04: 51m @ 0.98% Cu from 13m and 6.7m @ 0.6% Cu from 120.4m and 10.3m @ 0.77% Cu from 133.4m and 45.7m @ 2.03% Cu from 158.7m, including 17.7m @ 3.99% Cu from 162.8m