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Stone Gold Inc. Announces Management Advisory Team

Corporate Updates

Stone Gold Inc. Announces Management Advisory Team

TORONTO, ONTARIO – February 25, 2022 – Stone Gold Inc. (TSX-V: STG) ("Stone Gold" or the "Company")

is pleased to announce management advisory team appointments.

Jason Libenson: Capital Markets Advisory Role

Mr. Libenson is a significant shareholder of Stone Gold, he has been involved in the financial services sector

over the last ten years, where he served in senior roles for various asset managers. He has experience raising

capital for junior m ining companies through different investment vehicles such as mutual funds, hedge

funds and flow -through funds. Mr. Libenson holds a Bachelor of Commerce degree from Concordia

University and resides in Toronto.

Alex Carpenter: Stakeholder Advisory Role

Mr. Carpenter has 35 years of mining operations and corporate experience with Sheridan Platinum Group.

He has a wealth of experience in early -stage exploration and stakeholder consultation activities. He is

currently a Director of AurCrest Gold Inc. and S2 Minerals Inc.

Delio Tortosa: M.Sc, P.Eng. Geological Advisory Role

Mr. Tortosa is a geological consultant currently specializing in gold, copper, and uranium exploration, with

a technical background in the application of geographic information systems and 3D modeling for the

geosciences. He has over 30 years of experience, having worked both in the mining and mineral exploration

industry, in government as a geoscientist with the Ontario Geological Survey, as Resident Geologist for the

Wawa District, and in academia teaching GPS, GIS and Remote Sensing at Lake Superior State Universit y.

Mr. Tortosa holds an Honours B.Sc. in Geological Engineering from Queen’s University (1974) and a M.Sc.

from the University of Saskatchewan (1983).

Matt Rees: B.Sc., M.Sc. Geological Advisory Role

Mr. Rees is currently Chief Geologist with Iamgold and a former exploration geologist with Noranda-

Falconbridge. Mr. Rees has over 30 years of international exploration and operational experience. He holds

a B.S c. and an M.Sc. from the University of Saskatchewan. Mr. Rees will assist in identifying additional

Cu/Mo targets on the Copper Road Project.

President & CEO John Timmons comments: “We are pleased to welcome additional experienced, motivated

and reputable professionals to assist the Stone Gold Management Team and Board of Dir ectors with

developing our copper and gold assets in Batchewana Bay, Ontario.”

For further information, please contact:

Mr. John Timmons

President & CEO

Stone Gold Inc.

Cellular (416) 931 2243

Email: [email protected]

Web: www.stonegold.ca

Stone Gold Inc. is engaged in the evaluation and development of mineral exploration projects for precious

and base metals in Batchewana Bay north of Sault St. Marie, Ontario, Canada

Caution Regarding Forward-Looking Information

This news release contains forward -looking information that involves substantial known and

unknown risks and uncertainties, most of which are beyond the control of Stone Gold. Forward -

looking statements include estimates and statements that describe Stone Gold's future plans,

objectives or goals, including words to the effect that Stone Gold or its management expects a

stated condition or result to oc cur. Forward-looking statements may be identified by such terms

as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan".

Since forward -looking statements are based on assumptions and address future events and

conditions, by their very nature they involve inherent risks and uncertainties. Although these

statements are based on information currently available to Stone Gold , Stone Gold provides no

assurance that actual results will meet management's expectations. Risks, uncertainties and other

factors involved with forward -looking information could cause actual events, results,

performance, prospects and opportunities to differ materially from those expressed or implied by

such forward-looking information. Forward looking information in this news release includes, but

is not limited to, Stone Gold 's objectives, goals or future plans, statements, details of the

exploration results, potential mineralization, Stone Gold's portfolio, treasury, management team

and enhanced cap ital markets profile, the timing of the Offering, the estimation of mineral

resources, exploration and mine development plans, timing of the commencement of operations

and estimates of market conditions.

Factors that could cause actual results to differ materially from such forward-looking information

include, but are not limited to, failure or inability to complete the Offering, regulatory approval

processes, failure to identify mineral resources, delays in obtaining or failures to obtain required

governmental, regulatory, environmental or other project approvals, political risks, inability to

fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating

to the availability and costs of financing needed in the future, changes in equity markets, inflation,

changes in exchange rates, fluctuations in commodity prices, delays in the development of

projects, capital and operating costs varying significantly from estimates and the other risks

involved in the mineral exploration and development industry, and those risks set out in Stone

Gold's public documents filed on SEDAR. Although Stone Gold believes that the assumptions and

factors used in preparing the forward -looking information in this news release are reasonable,

undue reliance should not be placed on such information, which only applies as of the date of this

news release, and no assurance can be given that such events will occur in the disclosed time

frames or at all. Stone Gold disclaims any intention or obligation to update or revise any forward-

looking information, whether as a result of new information, future events or otherwise, other

than as required by law.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the

TSXV) accepts responsibility for the adequacy or accuracy of this news release.