Gold occurs in polymetallic sulphide veins, vein-stockwork and breccia within broad envelopes of quartz-carbonate alteration in the Eldorado granodiorite stock and surrounding host rocks. The 9028-hectare property contains multiple mineral occurrences (BC Minfile listings) including two past-producing, small-scale gold mines (1930s & 40s) at the northern extent of the Bridge River-Bralorne/Pioneer orogenic gold district. The Eldorado Gold Property is located 22 kilometres north of the Bralorne mine, and 17 kilometres north of the community of Gold Bridge in the south Cariboo (Figure 1). Gold grades at Eldorado correlate strongly with arsenopyrite concentration, followed by stibnite, galena, and sphalerite. Gelum also completed a 3D pole-dipole DCIP survey over approximately 1.5 square kilometres of the main mineralized trend in conjunction with the drilling (see news release dated November 28, 2023). The programme is the second-phase of drilling on the property by Gelum the first was completed in September 2022 (see news releases dated Maand November 1, 2022). Both intercepts are open in all directions. A narrow arsenopyrite vein near the top of the hole (at 6m) contains visible gold and assayed 12.84 g/t Au over 0.5 meters. The best intersection assayed 0.412 g/t gold over 95.8 metres (ELD23-03 from 101.65 to 197.5 m), which includes two higher-grade intervals of 5.78 g/t Au over 1.70 meters and 5.66 g/t Au over 0.55 meters. Breccia and veins comprising chalcedonic silica (indicative of a high-level epithermal gold environment) with iron-carbonate and sulphides were intersected in all holes. January 17, 2024) - Gelum Resources Ltd., (CSE: GMR) (OTCQB: GMRCF) (the ' Company' or ' Gelum') through its option agreement with Wealth Minerals Ltd. (CSE: WML) ('Wealth', or the 'Optionee'), has received assay results for six diamond-drill holes (1340 metres) completed in October at the Eldorado Gold Project (see news release dated October 16, 2023).

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