Cosigo Resources Ltd. Update on the AMECA BVI Mining Joint Venture on the Damian Property NEX: CSG:H

Cosigo Resources Ltd. Update on the AMECA BVI Mining Joint Venture on the Damian Property

NEX: CSG:H

VICTORIA, July 28, 2022 –

Cosigo Resources Ltd. (“Cosigo”) and AMECA Mining BVI (“AMECA”) had initially planned on working

together starting in October of 2020 to commence further gold exploration activities on the Damian

property. AMECA would earn up to 80% of the JV by spending CAD$1.5 million over two years. Cosigo

would also retain a 3% NSR with a buyout of CAD$1 million. However, the pandemic delayed any

activities from being initiated and to date, no exploration work has been done with respect to this

agreement. Cosigo is eager to resume talks in the next three months to finalize a new agreement and

extend any terms as needed in order to renew activities.

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 of the adequacy or accuracy of this release.

On behalf of the Board of Directors

Cosigo Resources Ltd.

Andy Rendle

Director & COO