Golden Pursuit Announces Termination of Stevens GOLD Joint Venture

GOLDEN PURSUIT RESOURCES LTD.

652 Millbank

Vancouver, B.C. V5Z 4B7

NEWS RELEASE

GOLDEN PURSUIT ANNOUNCES TERMINATION OF STEVENS GOLD JOINT VENTURE

DEC. 04, 2020

Vancouver, B.C., Canada, December 04 , 2020 – Golden Pursuit Resources Ltd. (TSX-V GDP), (the

“Company”) announces that it has received notice of termination of its joint venture with Stevens Gold

Nevada Inc. (CSE: SG). Recent drilling of 630 meters in 3 reverse circulation holes drilled from August 17 –

24, 2020 resulted in no significant mineralization.

The Company intends to maintain ownership of the Black Point claims located in Eureka County which were

the subject of the joint venture. These claims will be included in the portfolio of 11 mineral properties owned

100% by the Company in the State of Nevada. Although the primary focus of Golden Pursuit has now changed

to the development of the Gordon Lake District in the NWT where the company owns a total of 6 former

producing mining properties located on Gordon Lake, NWT. A NI 43 -101 report describing these properties

including a detailed future development plan for the district has been commissioned with Aurora Geosciences

Ltd.

GOLDEN PURSUIT RESOURCES LTD.

Per: “Brian McClay”

Brian McClay, President

CONTACT INFORMATION:

Brian McClay

Email: [email protected]

Tel: (604) 730-6982

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

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