Highway 50 GOLD Announces Stock Option Grants

NEWS RELEASE

HIGHWAY 50 GOLD ANNOUNCES STOCK OPTION GRANTS

Vancouver, British Columbia – Highway 50 Gold Corp. (TSX.V – HWY)

June 6, 2023

Highway 50 Gold Corp. (“Highway 50” or the “Company”) announces that 2,150,000 incentive stock

options have been granted to directors, officers and consultants at a price of $0.15 per share for a five-

year period, pursuant to its Stock Option Plan. A total of 700,000 options at $0.25 have recently expired.

Gordon P. Leask, P.Eng.

Chief Executive Officer

Tel: 604.681.4462

Email: [email protected]

About Highway 50 Gold Corp.

Highway 50 Gold Corp. is a mineral exploration stage company led by a team of experienced explorers

and deal-makers. The Company is executing an exploration plan refined over 25 years of experience

in Nevada and the Aldridge Formation of southeastern British Columbia. The exploration focus on its

projects are a result of what management believes to be breakthroughs in the understanding of north-

central Nevada’s crustal architecture and a new geological understanding on the Monroe property in

British Columbia.

Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the

adequacy or accuracy of this release.