South Orogrande Exploration Program Update

305-1770 Burrard St. Vancouver, British Columbia V6J 3G7

T: (778) 772-1751/ W: https://goldlionresources.com/

GOLD LION RESOURCES INC.

NEWS RELEASE

South Orogrande Exploration Program Update

Vancouver, British Columbia / October 18, 2021 – Gold Lion Resources Inc. (“Gold Lion ” or the

“Company”) ( CSE: GL) (OTC: GLIOF) (FWB: 2BC) is pleased to provide a brief update on the

Company’s ongoing exploration drilling program at its South Orogrande Property located near Dixie, Idaho

(“South Orogrande” or the “Property”) . The Company’s inaugural drilling program on the Property is

designed to test the newly defined Horseshoe Bend target located within the Property’s X Zone.

Drilling is currently progressing on the first deep hole, SO -01, which has intersected sericite altered and

strongly silicified granite of the Idaho Batholith displaying both pervasive and fracture-controlled limonitic

staining near surface that transitions into increasingly disseminated amounts of pyrite with depth. A small

batch of drill core samples have been shipped to the lab on a rush basis, along with 37 grab samples recently

collected by prospectors working on the Company’s other claim groups in the Dixie area. The core samples

are being rushed in order to give Company geologists a better understanding of possible grades to expect

deeper in the hole, in the quartz-sericite altered granite and what effect the limonite staining and variable

quartz-pyrite mineralization may have on the gold and silver grades.

Qualified Person

Wolfgang Schleiss, P.Geo., is the Qualified Person as defined by National Instrument 43-101 who

has reviewed and approved the scientific or technical information in this news release.

About Gold Lion Resources Inc.

Gold Lion Resources Inc. is a mineral exploration company actively involved in the exploration of its

precious metal focused portfolio including the South Orogrande, Erikson Ridge, Cuteye and Fairview

Properties located in Idaho and British Columbia . For more information please visit:

https://goldlionresources.com/.

ON BEHALF OF THE BOARD OF DIRECTORS

Chris Paul, CEO

T: +1 (250) 717-3151

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the

accuracy or adequacy of this release.

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Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news release contains certain "forward -looking information"

within the meaning of applicable securities law. Forward-looking information is frequently characterized

by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar

words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements

are based on the opinions and estimates at the date the statements are made, and are subject to a variety

of risks and uncertainties and other factors that could cause actual events or results to differ materially

from those anticipated in the forward -looking statements including, but not limited to delays or

uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in

forward-looking information, including factors beyond the Company’s control. There are no assurances

that the business plans for Gold Lion Resources described in this news release will come into effect on the

terms or time frame described herein. The Company undertakes no obligation to update forward -looking

information if circumstances or management's estimates or opinions should change except as required by

law. The reader is cautione d not to place undue reliance on forward -looking statements. Additional

information identifying risks and uncertainties that could affect financial results is contained in the

Company’s filings with Canadian securities regulators, which are available at www.sedar.com.