Royal GOLD Mining Inc. Evaluating Quebec GOLD Project

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ROYAL GOLD MINING INC.

Suite 701 - 595 Howe Street

Vancouver, BC V6C 2T5

ROYAL GOLD MINING INC. EVALUATING QUEBEC GOLD PROJECT

Vancouver, BC, August 15, 2019 – Royal Gold Mining Inc. (ROYL:TSXV) (the “Company”)

reports that it has sent a crew to evaluate a prospective gold- polymetallic project located

approximately 80 km southeast of Quebec City, Quebec.

Contact Person: Mr. Glen Macdonald, P.Geo.

Telephone: (604)719-8129

Email: [email protected]

About the Company

The Company maintains its Kirkland’s Creek, Yukon project in good standing and continues to

evaluate additional resource projects.

ON BEHALF OF THE BOARD

(signed) “Glen Macdonald”

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 Royal Gold Mining

Inc.'s expectations, estimates and projections regarding its bus iness 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 fr om 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 Royal 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.