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AUQ.V ·

AUQ acquires three new properties, the Lac Bruce Lithium Project, by map staking within several kilometers of the historic Mia-Li1 and Mia-Li2 lithium occurrences

Mergers & Acquisitions Property Options & Staking

AuQ GOLD MINING INC.

Suite 701 - 595 Howe Street

Vancouver, BC, V6C 2T5

AUQ acquires three new properties, the Lac Bruce Lithium Project, by map staking within

several kilometers of the historic Mia-Li1 and Mia-Li2 lithium occurrences

Vancouver, BC, December 19, 2022 – AuQ Gold Mining Inc. (TSXV:AUQ; PINK:NSVLF)

(the “Company”) reports that it has acquired by map staking a 100-per-cent interest in 133

mining claims in three blocks (West Block, Central Block, and East Block), located several

kilometers from one another and covering approximately 6,870 hectares (68.7 km2) in the

James Bay Region of northern Quebec. Collectively they are known as the Lac Bruce

exploration project, with potential for the discovery of lithium, other strategic minerals, gold and

base metals. The three blocks are located approximately 60 kilometers east-northeast of

Wemindji, Quebec. The project area is located within NTS map sheets 33E01 and 33F04. A

map designed by the Company is intended to be posted on the Company’s website located at

www.auqgold.com

Very little exploration work has been carried out in the Lac Bruce Project area, with AuQ’s West

Block located less than 600 meters north of, AuQ’s Central Block located less than 1 km north

of, and AuQ’s East Block located less than 600 meters east of the Mia Lithium Project recently

acquired by TSXV listed Queensland Gold Hills Corp. (OZAU-TSXV, see Press release of

November 28, 2022). The East blocks lies within 5 km, and the West and Central blocks lie

within 15 km of a major all-season road and hydropower line.

The West Block is comprised of 61 claims covering approximately 3,150 hectares (31.5 km2)

and is located less 8 km northwest of the historic lithium occurrences known as Mia-Li1 and

Mia-Li2. The West Block was staked to cover a major northwest-southeast trending fault zone

that also passes through the pegmatite-bearing Vieux Comptoir-3 granitic unit that hosts the

Mia-Li1 and Mia-Li2 lithium occurrences. The West block was also staked because it lies less

than 4 kilometers west of a mapped exposure of the pegmatite-bearing Vieux Comptoir granitic

unit.

AuQ’s Central Block is comprised of 46 claims covering approximately 2,380 hectares (23.8

km2). The Central Block is located less than 5 km northeast of the Mia-Li1 and Mia-Li2 lithium

occurrences.

The East Block is comprised of 26 claims covering approximately 1,340 hectares (13.40 km2).

The East Block was staked because it is believed to be on strike with the Mia-Li1 and Mia-Li2

lithium occurrences located just 7 km further to the west. Ophir Gold Corp recently acquired

their new Radis Lithium Property from Eastmain Resources Inc. The Radis Lithium Property

borders the north side of AuQ’s East Block. Ophir’s property hosts a number of documented

gold and copper occurrences.

The referenced mineral showings Mia Li-1 and Mia Li-2 were sampled in 1997 by Quebec

government geologists and assays returned grades of 0.47 per cent Li2O (lithium oxide) and

2.27 per cent Li2O, respectively. The Mia Li-1 and Li-2 mineral showings are hosted by the

intrusive Vieux Comptoir-3 granitic unit. AuQ’s geologists are of the view that all three blocks

are highly prospective for the discovery of additional lithium-bearing pegmatite occurrences

(ie., “boots on the ground”) in this extremely underexplored area.

Contact Person: Mr. Glen Macdonald

Telephone: (604)719-8129

Email: [email protected]

ON BEHALF OF THE BOARD

“Glen Macdonald”

Chief Executive Officer and Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy

or accuracy of this release.

This news release may contain forward-looking statements that are based on AuQ Gold Mining Inc.'s

expectations, estimates and projections regarding its business and the economic environment in

which it operates. These statements are not guarantees of future performance and involve risks and

uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ

materially from those expressed in these forward-looking statements and readers should not place

undue reliance on such statements. Statements speak only as of the date on which they are made,

and AuQ Gold Mining Inc. undertakes no obligation to update them publicly to reflect new information

or the occurrence of future events or circumstances, unless otherwise required to do so by law.