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GRUN.CN ·

Crestview Exploration Inc. Acquires Claims at the Divide Mine Project – Elko, County, Nevada

Mergers & Acquisitions

330 5th Ave, Suite 1800

Calgary, AB T2P 0L3

www.crestviewexploration.com

July 21, 2020

NR: 1-072120 CSE: CRS – FRA: CE7

Crestview Exploration Inc. Acquires Claims at the Divide Mine Project – Elko,

County, Nevada

Calgary, Canada (July 21, 2020) – Crestview Exploration Inc. (CSE: CRS) (“Crestview” or the

“Company”) announced it has staked seven new lode claims at the Divide Mine project.

The addition of seven claims increased the property size from 12 to 19 claims. The new lode

mining claims were staked around the original claims based on positive field observations and

recently acquired geochemical data. The property size increased from 247 acres to 391 acres

(158ha).

Crestview holds a lease with an option to purchase a 100% interest in the Divide Mine, a high-

grade precious metal vein target located in Elko County, northcentral Nevada. This property is

comprised of 19 unpatented lode claims covering 391 acres (158ha). The claims cover the

majority of the old workings and potential strike extension of the Divide Mine.

Additional data on the Divide Mine property can be found on Crestview’s website.

This News Release was prepared by M.J. Abrams; BS and MS Geology, CPG #11451; Idaho

PG #570; California PG#4138; Oregon RG#938. M.J. Abrams is a Qualified Person as defined

by NI 43-101 and has reviewed and approved the scientific and technical disclosure included in

this news release.

About Crestview Exploration Inc:

Crestview Exploration is a technology driven, well funded and experienced exploration

company focused on finding gold and silver deposits in mining friendly jurisdictions. The

company’s flagship project Rock Creek as well as the Divide Mine and Castile Mountain

precious metal projects are located in the Tuscarora mining district in north-central Nevada, in

Elko County.

For further information please contact:

Glen Watson, Chief Executive Officer

Tel: 1-604-803-5229

Email: [email protected]

www.crestviewexploration.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER

HAS REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS

RELEASE

Forward-Looking Information

This news release includes certain information that may be deemed “forward-looking information” under applicable securities

laws. All statements in this release, other than statements of historical facts, that address acquisition of the Property and future

work thereon, mineral resource and reserve potential, exploration activities and events or developments that the Company

expects is forward-looking information. Although the Company believes the expectations expressed in such statements are

based on reasonable assumptions, such statements are not guarantees of future performance and actual results or

developments may differ materially from those in the statements. There are certain factors that could cause actual results to

differ materially from those in the forward-looking information. These include the results of the Company’s due diligence

investigations, market prices, exploration successes, continued availability of capital financing, and general economic, market

or business conditions, and those additionally described in the Company’s filings with the Canadian securities authorities.

Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments

may differ materially from those projected in the forward-looking information. For more information on the Company,

investors are encouraged to review the Company’s public filings at www.sedar.com. The Company disclaims any intention or

obligation to update or revise any forward- looking information, whether as a result of new information, future events or

otherwise, other than as required by law.