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Braveheart Resources Inc. Engages Stantec to Design Tailings Storage Facility

Corporate Updates

Braveheart Resources Inc. Engages Stantec to

Design Tailings Storage Facility

Calgary, Alberta--(Newsfile Corp. - July 22, 2020) -

Braveheart Resources Inc.

(TSXV: BHT) (OTCQB:

RIINF)

("

Braveheart

" or the "

Company

") is pleased to announce that it has engaged Stantec

Consulting Ltd. ("Stantec") to design a new Tailings Storage Facility ("TSF") at its 100% owned Bull

River Mine property near Cranbrook, British Columbia.

Braveheart is working towards restarting the

mining and milling operations at the site.

The TSF design will be used by Braveheart in support of its

applications to the British Columbia Ministry of Energy, Mines and Petroleum Resources ("MEMPR")

and the Ministry of Environment ("MOE") for a new permit to store tailings on surface.

As part of the re-start plan, the mine requires the construction of a new TSF to manage tailings waste

from the processing of an existing stockpile of mineralized material on surface and future underground

mining at the site.

Braveheart has identified a possible location for the TSF within the existing mine

permit boundary and adjacent to the process plant.

Filtered tailings (also referred to as dry stack tailings)

has been identified as the preferred tailings deposition technology for the new TSF.

Permitting of the

new TSF will require completion of a Best Available Technology ("BAT") options assessment as per

MEMPR regulations.

Should the BAT assessment identify other technologies as better options for the

project, Stantec and Braveheart will review the impacts on the regulatory application process.

Stantec possesses global mining and extensive experience in the design and development of tailings

storage facilities, waste rock storage facilities, and associated water management structures.

Their

expertise extends from feasibility level to detailed design, site construction, and supporting mines from

operations through closure.

They have successfully completed designs and obtained mine permits in

British Columbia for tailings facilities, mine rock dumps and water management dams.

Their experience

with filtered tailings facilities ranges in scale from 1,000 to 40,000 tonne per day capacity including

facilities in Turkey and Brazil.

Ian Berzins, President and CEO stated, "Completion of a detailed TSF design is a critical component of

our permit application.

Stantec has previously completed TSF design and implementation and BAT

assessments at similar sized operations as well as at larger projects.

We look forward to working with

them as we move the Bull River Mine project towards a restart."

About Braveheart Resources Inc.

Braveheart is a Canadian based junior mining company focused on building shareholder value through

exploration and development in the favourable and proven mining jurisdictions of the East and West

Kootenays of British Columbia. Braveheart's main asset is the Bull River Mine project which has a

current mineral resource containing copper, gold and silver. The property is fully developed with 21,000

metres of underground developments in terms of ramps, raises and drifting on mineralized structures on

seven levels. The surface infrastructure includes a 750 tonne per day conventional mill with adjoining

crushing facilities as well as offices and mine maintenance facilities. The property is connected to grid

power and there is year-round access to the site by paved and all-weather roads.

Contact Information

Braveheart Resources Inc.

Ian Berzins

President & Chief Executive Officer

403-512-8202

[email protected]

Website:

www.braveheartresources.com

Caution Regarding Forward-Looking Information

This news release includes certain information that may constitute "forward-looking information" under

applicable Canadian securities legislation. Forward-looking information includes, but is not limited to,

statements about strategic plans, future work programs and objectives and expected results from such

work programs. Forward-looking information necessarily involve known and unknown risks, including,

without limitation, risks associated with general economic conditions; inability to access sufficient

capital from internal and external sources, and/or inability to access sufficient capital on favourable

terms; and other risks.

Forward-looking information is necessarily based upon a number of estimates and assumptions that,

while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors

which may cause the actual results and future events to differ materially from those expressed or

implied by such forward-looking information and the risks identified in the Company's continuous

disclosure record. There can be no assurance that such information will prove to be accurate, as

actual results and future events could differ materially from those anticipated in such information.

Accordingly, readers should not place undue reliance on forward-looking information. All forward-

looking information contained in this news release is given as of the date hereof and is based upon

the opinions and estimates of management and information available to management as at the date

hereof. The Company disclaims any intention or obligation to update or revise any forward-looking

information, whether as a result of new information, future events or otherwise, except as required by

law.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the

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

release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/60252