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Golden Ridge Resources Begins Drill Program at Hank

Exploration Programs

GOLDEN RIDGE RESOURCES LTD.

#335 – 1632 Dickson Avenue Kelowna, BC V1Y 7T2

T: 250-717.3151 F: 250-717.1845

www.goldenridgeresources.com

News Release

GOLDEN RIDGE RESOURCES BEGINS DRILL PROGRAM AT HANK

June 14, 2019 TSX-V: GLDN

Kelowna, British Columbia – Golden Ridge Resources Ltd. (TSX -V: GLDN) ("Golden Ridge " or the

"Company") is pleased to announce that crews have been mobilized, and drilling has commenced at it’s

100% owned Hank Project (“ Hank” or the “ Property”), located in BC’s prolific Golden Triangle. Details

about the 2019 program can be found in a Company news release dated May 23, 2019. The first hole of

the program is designed to test the northeast extension of the Williams Zone beyond HNK-18-013 which

returned 318.73m* of 0.42g/t Au, 0.34% Cu, and 2.20g /t Ag. Drill pad construction for HNK -19-002 and

HNK19-003 in th e Boiling Zone, and HNK -19-004 and HNK -19-005 in the Creek Zone has begun and is

expected to be completed within the week.

Program Highlights:

• 2019 drilling will focus on expanding upon two drilling discoveries made by the Company during

the 2018 campaign at the Williams (HNK-18-013: 318.73m* of 0.42g/t Au, 0.34% Cu, and 2.20g/t

Ag) and Boiling (HNK-18-010: 20.00m* of 11.63g/t Au and 13.8g/t Ag) Zones.

• The 2019 campaign will utilize a Zinex A5 heli -portable drill rig with drilling capabilities down to

1325m (NQ), allowing the Company to test the Williams Zone at far greater depths then possible

during the 2018 campaign.

• Golden Ridge will be operating from the Company’s exploration camp located on Highway 37,

within 15 kilometres of the project, allowing for low-cost highway access and minimal flight times

during the 2019 campaign.

Mike Blady, C.E.O, president, and Director of Golden Ridge, commented: “We are very excit ed to be

commencing our field season nearly a month earlier than last year. A low snowpack and early spring will

allow us to aggressively test and build out on our two new drilling discoveries from last year. 2019 will be

a defining year for our Company as we continue to unlock the potential of the Hank project.”

*The intervals reported represent drill intercepts and insufficient data are available at this time to state

the true thickness of the mineralized intervals. All gold values are uncut.

Qualified Person

William Yeomans , P.Geo., technical advisor to the Company, is the Qualified Person as defined by

National Instrument 43-101 who has reviewed and approved the technical data in this news release.

About Golden Ridge

GOLDEN RIDGE RESOURCES LTD.

#335 – 1632 Dickson Avenue Kelowna, BC V1Y 7T2

T: 250-717.3151 F: 250-717.1845

www.goldenridgeresources.com

Golden Ridge is a TSX -V listed exploration company engaged in acquiring and advancing mineral

properties located in British Columbia. Golden Ridge owns a 100% interest in the 1,700-hectare Hank

copper-gold-silver-lead-zinc property located in the Golden Triangle district, approximately 140

kilometres north of Stewart, British Columbia.

ON BEHALF OF THE BOARD OF DIRECTORS OF

GOLDEN RIDGE RESOURCES LTD.

“Mike Blady”

Mike Blady

President and Chief Executive Officer

For more information regarding this news release, please contact:

Mike Blady, CEO and Director

T: 250-717.3151

F: 250-717.1845

W: www.goldenridgeresources.com

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release, constitute "forward-looking information" as such term is used in

applicable Canadian securities laws. Forward -looking information is based on plans, expectations and estimates of

management at the date the information is provided and is subject to certain factors and assumptions, including:

that the Company's financial condition and development plans do not change as a result of unforeseen events, that

the Company obtains required regulatory approvals, that the Company continues to maintain a good relationship

with the local project communities. Forward-looking information is subject to a variety of risks and uncertainties and

other factors that could cause plans, estimates and actual results to vary materia lly from those projected in such

forward-looking information. Factors that could cause the forward-looking information in this news release to change

or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prov e not to be

valid or reliable, which could result in delays, or cessation in planned work, that the Company's financial condition

and development plans change, delays in regulatory approval, risks associated with the interpretation of data, the

geology, gr ade and continuity of mineral deposits, the possibility that results will not be consistent with the

Company's expectations, as well as the other risks and uncertainties applicable to mineral exploration and

development activities and to the Company as set forth in the Company's Management’s Discussion and Analysis

reports filed under the Company's profile at www.sedar.com. There can be no assurance that any forward -looking

information will prove to be accurate, as actual results and future events could differ materially from those anticipated

in such statements. Accordingly, the reader should not place any undue reliance on forward -looking information or

statements. The Company undertakes no obligation to update forward-looking information or statements, other than

as required by applicable law.

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 for the adequacy or accuracy of this relea