Aurcrest GOLD Announces Resignation of Director

Suite 3600, 22 Adelaide Street West, Toronto, Ontario Canada M5H 4E3 · Tel: (807) 737-5353 · Fax (416) 865-6636

AURCREST GOLD ANNOUNCES RESIGNATION OF DIRECTOR

NEWS RELEASE FOR IMMEDIATE RELEASE

AUGUST 9, 2021 TSXV Symbol: AGO

Toronto, Ontario, August 9, 2021 – AurCrest Gold Inc. (the “Company” or “AurCrest”)

(TSXV: AGO) wishes to announce that Frank van de Water has resigned as a director of the

Company. Chris Angeconeb, President and CEO of AurCrest stated “Frank has been an

independent director of the Company for 14 years and a valuable member of the AurCrest team.

He will be missed. I wish to thank him for all of the wisdom and guidance he brought to the

Board of Directors. On behalf of the Board of Directors, I wish him all the best in his other

endeavours.”

ABOUT AURCREST GOLD INC.

AurCrest is a mineral exploration company focused on the acquisition, exploration, and

development of gold properties. AurCrest has a portfolio of properties in Ontario, which include

the Richardson Lake, Ranger Lake and Bridget Lake gold properties.

FOR FURTHER INFORMATION PLEASE CONTACT:

AurCrest Gold Inc.

Christopher Angeconeb Ian Brodie-Brown

President and C.E.O. Director of Business Development

(807) 737-5353 (416) 844-9969

[email protected] [email protected]

Forward Looking Statement:

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and

uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future

plans and objectives of the Company are forward looking statements that involve various risks. The following are important

factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward

looking statements: changes in the world-wide price of mineral commodities, general market conditions, risks inherent in mineral

exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the

uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as

actual results and future events may differ materially from those anticipated in such statements. AurCrest undertakes no

obligation to update such forward-looking statements if circumstances or management’s estimates or opinions should change.

The reader is cautioned not to place undue reliance on such forward-looking statements.

Neither 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.