BURNT LAKE PROJECT

The Burnt Lake property is located 35 km north of the town of Gander. A forest access road provides entry to the property, which is underlain by Ordovician siliciclastic rocks. According to historical records grab rock samples from quartz veins within a gabbro sill intruding black shale returned up to 270 ppb gold. Assessment report records also document the recovery of numerous fine grained delicate gold grains from a till sample. The till sample was collected from the trench that exposed the mineralized quartz vein; the exposed mineralization was not thought to be the source of the gold. The historical exploration data and analytical results reported in this news release were compiled from publicly available assessment reports and other data filed with the Department of Energy, Industry, and Technology, Government of Newfoundland and Labrador. Neither C2C Gold or a qualified person has verified the historical sampling and analytical data in this news release.