Kiplin Metals Surrenders Urban Barry GOLD Project

KIPLIN METALS INC.

Suite 2200, 885 West Georgia Street

Vancouver, British Columbia, V6C 3E8

NEWS RELEASE

KIPLIN METALS SURRENDERS URBAN BARRY GOLD PROJECT

September 14, 2020 – Vancouver, British Columbia – Kiplin Metals Inc. (the “Company”) (TSXV:

KIP) regrets to inform that it has been unable to renegotiate acceptable terms for its option to

acquire the Urban Barry Gold Project (the “Project”). The Project comprises a 1,297 hectare land

package located in the Urban Barry mining district in the Province of Québec.

The Company has been in negotiations with the option holder for the past several weeks but was

unable to reach terms that would allow the Company to retain an interest in the Project . As a

result, the Project has been returned to the option holder.

At this time, the board of directors is reviewing a revised work plan and capital budget focusing

on the Company’s remaining properties. A further update on intended work programs will be

provided to shareholders as more information becomes available.

For further information, contact the Company at 604.622.1199.

On behalf of the Board,

Kiplin Metals Inc.

Peter Born, Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward -looking statements that are subject to risks and uncertainties. All statements

within, other than statements of historical fact, are to be considered forward looking. Although the Company believes

the expectations expressed in such forward -looking statements are based on reasonable assumptions, such

statements are not guarantees of future p erformance and actual results or developments may differ materially from

those in forward -looking statements. There can be no assurances that such statements will prove accurate and,

therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation

to update any forward-looking statements except as required under the applicable laws.