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Fremont Announces Management Changes

Management Changes

Fremont Announces Management Changes

Vancouver, British Columbia--(Newsfile Corp. - May 13, 2021) - Fremont Gold Ltd. (TSXV: FRE)

(OTCQB: FRERF) (FSE: FR2) ("

Fremont

" or the "

Company

") announces the resignation of Blaine

Monaghan as President and CEO of the Company, effective immediately. The Board thanks Mr.

Monaghan for his efforts.

Dennis Moore, has agreed to assume the role of CEO on an interim basis, effective immediately. Mr.

Moore is the Company's President, and is one of the founders of Fremont and is consequently very

familiar with the Company's assets. He has a proven track record of gold discovery and is ideally placed

to advance the Company.

About Fremont Gold

Founded by geologists that have a track record of making multi-million-ounce gold discoveries, Fremont

has assembled a portfolio of quality gold projects located in Nevada's most prolific gold trends. The

Company's property portfolio includes North Carlin, a new discovery opportunity, Cobb Creek, which

hosts a historic resource, Griffon, a past producing gold mine, and Hurricane, which has returned

significant gold intercepts in past drilling.

Qualified person

The content of this news release was reviewed by Dennis Moore, Fremont's President and Interim CEO,

a P.G. and a qualified person as defined by National Instrument 43-101.

On behalf of the Board of Directors,

"Alan Carter"

Alan Carter

Chairman

Fremont Gold Ltd.

For further information, contact:

Corporate Information

Fremont Gold Ltd.

Dennis Moore, President and Interim CEO

Telephone:

+1 604-676-5664

www.fremontgold.net

https://twitter.com/GoldFremont

https://www.linkedin.com/company/fremont-gold/

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.

Forward-looking statements

Certain statements and information contained in this press release constitute "forward-looking

statements" within the meaning of applicable U.S. securities laws and "forward-looking information"

within the meaning of applicable Canadian securities laws, which are referred to collectively as

"forward-looking statements". The United States Private Securities Litigation Reform Act of 1995

provides a "safe harbor" for certain forward-looking statements. Forward-looking statements are

statements and information regarding possible events, conditions or results of operations that are

based upon assumptions about future economic conditions and courses of action. All statements and

information other than statements of historical fact may be forward-looking statements. In some cases,

forward-looking statements can be identified by the use of words such as "continues", and similar

words or phrases (including negative variations) suggesting future outcomes or statements regarding

an outlook. Forward-looking statements in this include but are not limited to the Company's future

exploration plans . Such forward-looking statements are based on a number of material factors and

assumptions and involve known and unknown risks, uncertainties and other factors which may cause

actual results, performance or achievements, or industry results, to differ materially from those

anticipated in such forward-looking information. You are cautioned not to place undue reliance on

forward-looking statements contained in this press release. Actual results and future events could

differ materially from those anticipated in such statements. Fremont undertakes no obligation to

update or revise any forward-looking statements included in this press release if these beliefs,

estimates and opinions or other circumstances should change, except as otherwise required by

applicable law.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/83927