FenixOro Gold Corp. provided an update on its Phase 1 diamond drilling program at its Abriaqui project in Antioquia State, Colombia. Holes P005-P008 have now been completed. Drilling has continued to progress smoothly, and core recovery continues to be excellent. Assay return slowed over the Christmas break and the Company expects to begin receiving results from the lab shortly, continuing for the next several weeks. Phase 1 drilling began in early October of 2020 and has been focused on the most accessible part of the property which has over 40 mapped veins developed in northwest and east-west trending corridors 600-1,200 meters long and 300-400 meters wide. Press releases dated November 24 and December 17, 2020 presented results from the first four holes which included numerous high grade vein intersections, principally on the northwest trending family of veins, as well as thicker intervals of lower grade gold mineralization on the east-west trend (incl. 7.75m at 1.53 g/t in hole P004). Intercepts up to 71 g/t gold extended the known vertical range of high grade gold at Abriaqui to over 1,000 meters in outcrop and drill holes. The mineralization remains open at depth. Vein mineralization is well developed in all rock types, including the diorite stock and hornfels in sediments up to 400 meters outward from the intrusive contact.