Barsele Announces Plans for Resumption of Diamond Drilling Activities in 2023

Coring to be initiated late May or early June

Diamond drilling is budgeted for 3,000 metres (approximately 15 holes) and will test for Intrusive-hosted "Orogenic Gold" and Volcanogenic Massive Sulphides.
Drilling will commence near the Risberget Zone and will test Orogenic Gold targets in the vicinity of previously intersected gold mineralization, along the southeasterly extension of the 3.6-kilometre Avan–Central–Skiråsen gold trend.
The Avan Zone, where high gold grades have been locally encountered, is the second principal target where drill testing will take place.
Additionally, drill testing for Volcanogenic Massive Sulphide mineralization will take place along the southeastward extension from the Norra VMS Deposit.

VANCOUVER, BC, May 3, 2023 /PRNewswire/ - Barsele Minerals Corp. (TSXV: BME) (the "Company" or "Barsele") is pleased to provide an update regarding ongoing exploration activities within the Barsele Gold-VMS Project area in Västerbottens Län, Northern Sweden (the "Barsele Project"). The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited – (TSX: AEM) (NYSE: AEM) ("Agnico Eagle"). Ownership in the Barsele Project is 55% Agnico Eagle and 45% Barsele. Agnico Eagle can earn an additional 15% in the Barsele Project through the completion of a pre-feasibility study. There is no cash outlay requirement by Barsele until a pre-feasibility study is completed.