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PURR.CN ·

Gold Lion Commences Second Phase of Drilling at Robber Gulch

Exploration Programs

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

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

GOLD LION RESOURCES INC.

NEWS RELEASE

Gold Lion Commences Second Phase of Drilling at Robber Gulch

Vancouver, British Columbia / February 10, 2021 – Gold Lion Resources Inc. (“Gold Lion” or the

“Company”) ( CSE: GL) (OTC: GLIOF) (FWB: 2BC ) is pleased to announce that drill crews have

successfully mobilized to its Robber Gulch Property in southern Idaho for the second phase of RC drilling

on the Raider Zone. The Company’s maiden drill program on Robber Gulch began with a single deep hole,

completed prior to the holiday break in December of 2020. The first drill hole (RG-RC-20-01) generated

142 chip samples from a total of 1 ,240 feet drilled. The Company is awaiting assay results from RG -RC-

20-01, which will be released once received.

The phase II drill program is designed to test the depth extent of oxide gold mineralization encountered in

trenches RG-TR-20-02 and RG-TR-20-03 within the newly discovered Raider Zone (see Jan 4, 2020 news

release). The minerali zation uncovered in the two trenches occurs within a gently dipping calcareous

sandstone unit which outcrops at surface. The thickness of the gold bearing unit will be tested by a fence

of up to 5 drill holes totaling 2,700 feet in length, across the mineralized unit.

The phase I and II drill programs are being carried out under a notice level permit with the United States

Bureau of Land Management (BLM). Soil and rock sampling by the Company indicates that the mineralized

unit continues south onto land administered by the United States Forest Service (USFS). Gold Lion has

begun the process of obtaining a permit to drill on the portion of the gold- in-soil anomaly lying on USFS

ground. The permit application is currently underway and aims to utilize an existing road for the placement

of drill pads, to minimize disturbance and potentially accelerate the permitting process.

Arid weather conditions have thus far allowed for year-round drilling to take place on Robber Gulch, with

minimal additional costs incurred during the winter months. The ability to drill and explore year -round is

of great benefit to the Company and the rate of exploration on Robber Gulch is only limited by sample turn-

around times at analytical laboratories.

Qualified Person

Agnes Koffyberg, 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, Robber Gulch, Cuteye and

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

https://goldlionresources.com/.

2

ON BEHALF OF THE BOARD OF DIRECTORS

Oliver Friesen

CEO

T: +1 (778) 772-1751

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

accuracy or adequacy of this release.

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.