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Harfang Strenghens and Doubles the Size of the Gold-In-Till Anomaly at its Serpent Property (James Bay, Québec)

Exploration Programs Sampling & Geoscience Results

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Harfang Strenghens and Doubles the Size of the Gold-In-Till Anomaly at its Serpent

Property (James Bay, Québec)

Montreal, October 20, 20 20. Harfang Exploration Inc. (“ Harfang”) (TSX -V: HAR) is pleased to

announce 90 new results from the summer 2020 till survey on its 100% owned Serpent Property

(“Property”) in James Bay (Québec) (Figs. 1 and 2 ). The results define a large (>8 km2) gold -in-till

anomaly (gold grains extracted from a mineralized body by the action of a glacier and now dispersed in

the soil), suggesting an extensive gold system on the Property.

Preliminary highlights from the summer 2020 till survey include:

 3 till samples containing above 100 gold grains (432, 308, 141) among which 69, 47 and

50% of the grains, respectively, have a pristine shape;

 Heavy Mineral Concentrate (HMC) from 5 samples returning gold values above 5 g/t Au

(16.90, 14.50, 10.20, 9.52, 6.44 g/t Au);

 50 till sample s returned 20 gold grains or more now form ing a gold -in-till anomaly

covering an area at least 8 km2.

Actual results show that the gold-in-till anomaly area is significantly enlarged and remains open. Today,

the anomaly is defined by a cluster of 60 till samples containing ≥20 gold grains (Fig. 3) and more than

25 HMC values ≥1 g/t Au covering an area exceeding 8 km 2 (Fig. 4). Additional till results from the

summer and fall programs are pending. Our last survey revealed 10 samples with 20 gold grain s or

more spread over approximately 4 km2 (see press release dated January 16, 2020).

Both gold grain counts and gold values in HMC ’s yielded highly significant results. Fifty out of 90 new

samples contain 20 gold grains or more. This quantity of gold grains is considered anomalous as

background in the region is expected to be below 5 grains. Three samples collected in 2020 contain

above 100 gold grains with the highest count at 432 gold grains, including 297 pristine grains (Figs. 3 to

5). Pristine grains are delicate pieces of free gold that are generally interpreted to have been derived

from bedrock sources close to the sampling s ites. These samples having more than 100 gold grains

and above 47% pristine grains form a clear dispersal train aligned into the main glacial direction. Partial

HMC results from 2020 include 12 samples (out of 29 analyzed samples) above 1 g/t Au (anomalous

threshold value) (Fig. 4). Four contiguous samples distributed over a strike length of 1.3 km returned

more than 10 g/t Au (18.8, 16.9, 14.5 and 10.2 g/t Au). The high HMC and gold grain counts values are

located at the proximity and down -ice of major structures and near newly -discovered gold showings .

Figure 6 shows many gold specks in a narrow (<3 cm) and discontinuous quartz vein located up-ice that

graded 222.58 g/t Au. Visible gold was observed in quartz veins, gabbros and pyroxenites at several

localities inside the anomaly.

Harfang believes that the bedrock source of the gold-in-till anomaly is proximal considering that this

anomalous cluster is characterized by high gold grain counts, high ratios of pristine gold grains and high

gold values in HMC’s , and that the cluster is spatially associated with multiple high -grade gold

showings,. Recently, more than 20 surface gold showings (>1 g/t Au) were discovered within and around

the gold-in-till anomaly, including at least 3 extensive gold-bearing shear zones and associated quartz

veins (Moby -Dick, Ana, Sasquatch) (see press release dated September 22, 2020 ). Despite the

discovery of surface gold showings, the source of the till anomaly remains unexplained.

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These new results significantly enhance mining exploration potential particularly underneath the large

swamps. Our staff is eager to receive results from all types of samples (till, soil, rock) collected over the

last months in order to highlight the most prospective areas of this part of the Property and plan the next

field operations.

To view FIGURES 1 to 6, please click here.

The technical and scientific information in this press release has been prepared and approved by

François Huot, P.Geo, Chief geologist at Harfang, a "qualified person" as defined by NI 43-101.

Serpent Property

The Serpent Property, adjacent to the James Bay Road, is located about 80 km south of Radisson. The

Property is composed of 552 mining claims covering an area of 28,312 hectares. It is adjacent to the La

Pointe gold deposit and the recently discovered La Pointe Exten sion prospect owned by Quebec

Precious Metals Corporation and is located near the contact between the La Grande and Opinaca

subprovinces.

Quality control

Till samples were collected from hand-dug or excavator pits at depths up to 1 m by Harfang’s employees.

Sampling sites are commonly separated from each other by ap proximately 200-250 m and distributed

along lines spaced 500-600 m apart. In some areas, sampling sites are closer. Each sample (12-20 kg)

was placed in a plastic bag which was identified by a specific tag number and securely sealed with

fibertape. Samples collected during summer were sent in 2 separate batches to Overburden Drilling

Management [“ ODM”] (Nepean, Ontario). This laboratory proceeded with the gold grain count, the

identification of some indicator minerals, and the determination of gold grain sh ape from the non -

magnetic HMC’s. Quantities of grains mentioned in the text and shown in figures correspond to

normalized values calculated from the counts given by ODM by adjusting the table feed weights (fraction

<2 mm) to 10 kg.

Till is a transported surficial media produced during active glaciation that may be affected by subsequent

surficial processes resulting in the possible modification of the gold content. As such, the occurrence of

a gold anomaly in till is not conclusive evidence of a mineral deposit existing within the Property limits.

Non-magnetic HMC’s were analyzed by Actlabs (Ancaster, Ontario). Chemical elements were

determined by ICP-OES following an Aqua Regia partial digestion or by INAA. Lower detection limit for

Au is 5 ppb.

The sampling procedure and the quality control related to the till program followed protocols developed

by Harfang, ODM and Actlabs. Preliminary data interpretation was done by Harfang.

About Harfang

Harfang is a mining exploration company whose primary mission is to discover new gold districts in the

province of Québec. Harfang's development model is based on the generation of new mining projects

and on the establishment of partnerships with major exploration and mining companies to advance its

exploration projects.

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For further information:

François Goulet

President and Chief Executive Officer

Tel: 514 940-0670 #339

Email: [email protected]

Web: www.harfangexploration.com

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.

This press release may contain forward-looking statements that are subject to known and unknown risks

and uncertainties that could cause actual results to vary materially from targeted results. Such risks and

uncertainties include those described in Harfang’s periodic reports including the filings made by Harfang

from time to time with securities regulatory authorities.