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)

April 30, 2021

Highway 50 Gold Corp. (“Highway 50” or the “Company”) announces that 450,000 incentive stock options have been

granted to directors, officers, employees and consultants at a price of $0.35 per share for a five-year period, pursuant to its

Stock Option Plan. A total of 450,000 options at $0.25 have recently been exercised.

Gordon P. Leask, P.Eng. or John M. Leask, P.Eng.

Tel: 604.681.4462

Email: [email protected] or [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.