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EAU.V ·

Engineer Gold Grants Options

Share Capital & Compensation

ENGINEER GOLD MINES LTD.

Suite 804 - 750 West Pender Street

Vancouver, B.C. V6C 2T7

Telephone: 604.682.2928

Fax: 604.685.6905

www.engineergoldmines.com

Engineer Gold Grants Options

July 24, 2020

Vancouver, BC – Engineer Gold Mines Ltd. (the “Company”) (TSXV: EAU) announces it has

granted 2,750,000 stock options with an exercise price of $0.12 to directors, officers employees

and consultants for a period of three years from the date of the grant.

About Engineer Gold Mines Ltd.

Engineer Gold is focused on the exploration and development of the 100% -owned, 14,020 ha

Engineer Gold Mine Property, centered on the Historic high- grade Engineer Gold Mine sit uated

32 km southwest of Atlin, B.C. Previous work has identified a small, Inferred high- grade gold

Mineral Resource, numerous high- grade vein and shear -hosted bulk- tonnage gold exploration

targets.

For additional information please visit the company website at www.engineergoldmines.com

On Behalf of the Board of Directors Contact Information

Engineer Gold Mines Ltd. Corporate Inquiries:

"Andrew H. Rees" Andrew H. Rees: 604-505-3739

Mr. Andrew H. Rees Email: [email protected]

President

Cautionary Note Regarding Forward-Looking Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defin ed in the

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