Mineral Mountain Resources Announces Drilling At Standby Gold Project To Resume

Mineral Mountain Resources Announces

Drilling At Standby Gold Project To Resume

January 6, 2020

Target 1 Mineralization Considered Highly Encouraging

MMV-TSX-V

MNRLF-OTCQB

M8M-

FRANKFURT

VANCOUVER

,

Dec. 23, 2019

/CNW/ - Mineral Mountain Resources Ltd. and Mineral Mountain

Resources (SD) Inc. ("

Mineral Mountain

" or the "

Company

") (TSXV: "MMV") is pleased to report

that drilling on its Standby Gold Project has been halted for the holiday period and is scheduled to

resume on or about

January 6th, 2020

. Since controlled drilling started in early October, a total of

1,380 meters of drilling has been completed and over 250 samples have been submitted to the

laboratory for analysis.

Target 1 (Partially Drill Tested)

Drill hole ST19-011 intersected a well mineralized, quartz flooded shear zone between

374 m

and

608 meters immediately overlying the Rochford Iron Formation which hosts the Standby Mine gold

deposit. Variably mineralized, sheared, brecciated and hydrothermally altered zones were

encountered from

374 m

through to

608 m

down hole depth in Trunk Hole ST19-011, and are

interpreted to constitute various anastomosing branches of the target East Limb Shear zone.

Curt E. Hogge

, the Company's Chief Geologist, who has logged many drill holes in the

Rochford

and

Homestake Mine Districts commented : "The gold/arsenopyrite mineralization from this mineralized

and quartz-flooded shear zone is most unusual and extremely rare because it is hosted in the

Poverty Gulch Formation immediately overlying the highly favourable gold hosted iron formation

which is chemically and physically favourable for the formation of Homestake-style deposits. Based

on our surface mapping and our Leapfrog software drilling down dip and along strike from this

mineralized zone present a very compelling gold target!"

Samples have been routinely submitted to ALS Laboratory for fire assay gold and for pathfinder

arsenic analyses. Analytical results will be released early in 2020.

Planned Program for 2020

The Company plan to drill a series of "wedge holes" off of ST19-011 to test the gold/arsenopyrite

mineralization both down dip and along strike after completing a down hole EM survey of the trunk

hole and the continue to drill test the historical high grade gold mineralization referred to as Target 2

at a vertical depth of about

1,000 m

.

Qualified Persons

The technical information in this news release has been prepared in accordance with Canadian

regulatory requirements set out in National Instrument 43-101 and reviewed and approved by

Nelson

W. Baker

, P.Eng., the President and CEO of Mineral Mountain Resources Ltd. and a Qualified

Person for this project. All exploration activities at the Rochford Project are carried out under the

strict supervision of

Kevin Leonard

, P.Geo., also a Qualified Person for this project.

About Mineral Mountain Resources and the Rochford Gold Project

Mineral Mountain Resources Ltd., through its wholly owned subsidiary Mineral Mountain Resources

(SD) Inc., is focused on the exploration and, if warranted, development of its 100%-owned

Standby

Gold Project

situated along the highly prospective

Homestake Gold Belt

in the Black Hills of

South

Dakota, U.S.A.

The Standby Gold Project covers in excess of 7,500 acres and covers five

major trends of structurally thickened auriferous iron formation comparable to the geological

setting of the ledge-type gold mineralization developed at the Homestake Mine.

Magnetic 3D modelling of the Company's airborne survey in 2013, combined with surface geological

mapping, and the compilation of historic drilling, highlights 3 high priority exploration targets trends,

including the Standby Mine Target, coincident with structurally thickened, sheared, gold-bearing iron

formation within the Mineral mountain land package.

Since 2013, the Company has continued to expand its land position in the

Rochford

gold district by

professional claim staking and by purchasing strategically located private properties that fall along

two of the major sub-parallel structural trends that host Ledge-type gold mineralization. The

Company now owns the largest land position in the

Rochford

greenstone belt and now possesses by

far the largest and most comprehensive database for the district in modern day exploration history,

including the first time that all available data has been compiled and synthesized in modern GIS and

3D imaging software! The Standby Gold Project is vastly under-explored and has the potential to

host several district scale gold discoveries.

On Behalf of the Board of Directors

MINERAL MOUNTAIN RESOURCES LTD.

"Nelson W. Baker"

, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

Forward looking information

This release includes certain statements that may be deemed to be "forward-looking information"

under Canadian securities laws. All statements in this release, other than statements of historical

facts, that address events or developments that the Company expects to occur, constitute forward

looking- information. Forward looking information consists of statements that are not historical

facts and are generally, but not always, identified by the words "expects", "plans", "could" or

"should" occur. Although the Company believes the expectations expressed in such forward-

looking information are based on reasonable assumptions, such information does not constitute

guarantees of future performance and actual results may differ materially from those in forward-

looking information. Factors that cause the actual results to differ materially from those in forward-

looking information include gold prices, results of exploration and development activities,

regulatory changes, defects in title, availability of materials and equipment, timeliness of

government approvals, continued availability of capital and financing and general economic,

market or business conditions. The Company cautions the foregoing list of important factors is not

exhaustive. Investors and others who base themselves on the Company's forward-looking

information should carefully consider the above factors as well as the uncertainties they represent

and the risk they entail. The Company believes that the expectations reflected in the forward-

looking information are reasonable, but no assurance can be given that these expectations will

prove to be correct. Please see the public filings of the Company at

www.sedar.com

for further

information.

SOURCE

Mineral Mountain Resources Ltd.

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http://www.newswire.ca/en/releases/archive/December2019/23/c7958.html

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For further information:

Brad Baker, Vice-President Corporate Development & Director, (778)

383-3975, [email protected], Or visit our website: www.mineralmtn.com

CO: Mineral Mountain Resources Ltd.

CNW 11:34e 23-DEC-19