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Mineral Mountain Announces Appointment of New Director

Management Changes

MMV-TSX-V

MNRLF-OTCQB

M8M:FRANKFURT

FOR IMMEDIATE RELEASE

News Release No. 2023-01 January 9, 2023

MINERAL MOUNTAIN ANNOUNCES APPOINTMENT OF NEW DIRECTOR

Vancouver, January 9, 2023: Mineral Mountain Resources Ltd. (“ Mineral Mountain” or the

“Company”) (TSXV: “MMV”) (OT CQB: MNRLF) ( FRANKFURT: M8M) is pleased to

announce that Steven Albertsen has joined Mineral Mountain board of directors.

Mr. Albertsen has over 25 years of experience in the finance, planning, design, and const ruction

of large- and small-scale projects from $10M-$600M, and brings with him international and local

capital investment through years of large -scale project development. Mr. Albertsen is the

CEO/Owner of NVS Engineering a multi -disciplinary engineering company established in 2013.

Before NVS Engineering Mr. Albertsen worked for Abu Dhabi Energy Corp managing

infrastructure projects in North America. Key projects included $86M infrastructure upgrades

including drilling pipelines and facility work in North Dakota.

Nelson Baker, President and CEO of Mineral Mountain said, “On behalf of the members of the

Board, I am delighted to welcome Steven to our Board. We look forward to his participation and

how we can benefit from his extensive background in finance, planning, design and construction

of various projects as we advance Mineral Mountain.”

About the Standby Mine Gold Target

All geologic, geophysical and drill results to date suggest a Homestake ledge-type target exists at

Standby and is potentially of large scale. Mineral Mountain’s goal is to extend the Standby Mine

gold mineralization down-plunge through systematic step-out drilling along strike and down-

plunge in the Upper Tail to discover an Ore Centroid at depth.

MMV’s two previous core drilling campaigns between 2018 and 2020 extended known gold

mineralization from the bottom of the historic Standby Mine workings from 130 meters below

surface to a total plunge length of 850 meters.

Jeff Hrncir, the Company’s chief geologist commented “Confirming the existence of an Ore

Centroid at Standby would be a game-changing discovery for Mineral Mountain Resources and

set the stage for future resource delineation drilling”

On Behalf of the Board of Directors

MINERAL MOUNTAIN RESOURCES LTD.

“Nelson W. Baker”, President and CEO

For further information, please contact:

Brad Baker, Vice-President Corporate Development & Director

(778) 383-3975 [email protected]

Or visit our website: www.mineralmtn.com

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.

Forward looking information

This release contains “forward-looking information” within the meaning of applicable Canadian

securities legislation (“Forward-looking information”). Forward-looking information includes,

but is not limited to, statements that address activities, events or developments that the Company

expects or anticipates will or may occur in the future, including such things as completion of the

private placement, future business strategy, competitive strengths, goals, expansion, growth of

the Company’s businesses, operations, plans and with respect to exploration results, the timing

and success of exploration activities generally, permitting time lines, government regulation of

exploration and mining operations, environmental risks, title disputes or claims, limitations on

insurance coverage, timing and possible outcome of any pending litigation, timing and results of

future resource estimates or future economic studies and the ability to raise required capital.

Often, but not always, forward-looking information can be identified by the use of words such as

“plans”, “planning”, “planned”, “expects” or “looking forward”, “does not expect”,