Warrior Gold Announces High-Grade Gold Drilling Results at Goodfish-Kirana Property, Kirkland Lake, Ontario

TSX-V:WAR

WARRIOR GOLD INC.

25 Adelaide Street East, Suite 1400, Toronto, Ontario, M5C 3A1 | warriorgoldinc.com | +1 647 344-3433

Warrior Gold Announces High-Grade Gold Drilling Results at

Goodfish-Kirana Property, Kirkland Lake, Ontario

Toronto, Ontario - June 6, 2019 – Warrior Gold Inc. (TSX-V - WAR) (“Warrior Gold” or the “Company”)

is pleased to announce the results of the Company’s winter diamond drilling program (15 drill holes - 2,218

m) at its 100% owned Goodfish-Kirana Project in the Kirkland Lake Camp in Ontario. Selected highlighted

assay results from the Phase One program are provided in Table 1.

Program Highlights:

o Numerous significant gold assays obtained

o Repetition of historical high-grade assays achieved

o Confirmation of geological model

Significant Drill Results:

At C Zone:

o GF19-003: 21.33 g/t Au over 2.45 m (at a vertical depth of 90 m)

o including 103 g/t Au over 0.50 m with visible gold

GF19-004: 10.40 g/t Au over 0.90 m (at a vertical depth of 28 m)

o GF19-005: 7.75 g/t Au over 1.0 m (at a vertical depth of 47 m)

o GF19-005: 6.56 g/t Au over 0.95 m (at a vertical depth of 89 m)

o GF19-007: 104.5 g/t Au over 1.0 m (at a vertical depth of 53 m)

At A Zone:

o GF19-008: 9.04 g/t Au over 5.37 m (at vertical depth of 44 m) including 42.70 g/t Au over 1.0 m

o GF19-009: 1.12 g/t Au over 13.46 m (at vertical depth of 67 m) including 4.90 g/t Au over 1.35 m

o GF19-011: 1.75 g/t Au over 5.47 m (at vertical depth of 82 m) including 4.04 g/t Au over 1.2 m

o GF19-013: 6.47 g/t Au over 1.0 m (at vertical depth of 39 m) including visible gold

The Goodfish-Kirana Property is located five km north from downtown Kirkland Lake, in the Blake River Mafic

Volcanics, north of the Cadillac Larder Lake Fault Zone, and within the Abitibi Greenstone Belt.The Property

hosts three major gold mineralized geological structures, as well as many historical shallow pits and shafts

that date back to the 1930s. The Goodfish-Kirana Property is a recently consolidated significant land package

that has been underexplored due to past fragmental ownership. Warrior Gold has completed 2,800 m of

drilling from 20 holes (five in 2018 and 15 in 2019) and the newly confirmed gold mineralization remains open

along strike and at depth.

Danièle Spethmann, President and CEO commented: “We are very pleased with the results of this Phase

One drilling campaign which has substantiated the historical high-grade gold results. The drilling results

indicate that mineralization is open both along strike and at depth at the A and C Zone. Additionally, at Deloye

drilling has been demonstrated that the auriferous cataclastic deformation zone (Friedman 2019), the Kirana

Deformation Zone extends 1000 m westward to the Kirana Kirkland mine shaft. This drill program has

increased our understanding of the geological controls and we look forward to applying this valuable

knowledge to the summer field program and the subsequent drill campaign.”

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Map 1. Goodfish-Kirana Property outline and regional geology.

Map 2. Location of winter drilling areas: Deloye, A Zone and C Zone on regional magnetic map.

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Map 3. LiDAR plan map of drill hole locations at C Zone.

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Image 1. Longitudinal Section of A Zone and results.

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Table 1: Significant assay intercepts.

Drill Hole Zone From

(m) To (m)

Length

(m)

Grade

(Au g/t) Host

GK19-001 Deloye 45.63 48.62 2.99 1.61 - moderately sheared mafic volcanic

GK19-002 Deloye 0.00

No

Significant

Value - hole lost in underground workings

GK19-003 C 137.00 139.45 2.45 21.33 - moderately sheared mafic volcanic

Including 137.00 137.50 0.50 103.00

GK19-004 C 43.60 44.50 0.90 10.40

- massive to weakly foliated altered

volcanics

GK19-004 C 84.68 85.78 1.10 4.35

- massive - weakly foliated, strongly

magnetic mafic volcanic flow

GK19-005 C 56.96 57.96 1.00 7.75

- at contact between mafic intrusive and

intermediate volcanics

GK19-005 C 104.85 105.80 0.95 6.56

- weakly sheared altered mafic

volcaniclastics

GK19-006 C 0.00

No

Significant

Value

GK19-007 C 97.58 98.58 1.00 104.50

- visible gold in QCV* in altered mafic

volcanic

GK19-008 A 65.24 70.61 5.37 9.04

- moderately sheared and altered mafic

volcanic with fine-grained pyrite and local

silicification. Including 65.24 66.24 1.00 42.70

GK19-009 A 74.64 88.10 13.46 1.12 - silicified mafic flow or QFP*

Including 79.53 80.88 1.35 4.90 - sheared QCV

GK19-010 A 45.42 46.42 1.00 0.66 - altered mafic volcanics

80.00 81.50 1.50 1.46 - altered mafic volcanics

GK19-011 A 79.80 85.27 5.47 1.75 - altered mafic volcanic with pyritic bands

parallel to foliation. Including 79.80 81.00 1.20 4.03

GK19-012 A Abandoned

GK19-013 A 37.50 38.50 1.00 6.47 - visible gold in QCV in mafic volcanic

93.00 94.28 1.28 1.72 - pillowed mafic volcanic

GK19-014 A 56.50 60.00 3.50 1.71 - altered mafic volcanic flows

GK19-015 A 79.69 82.70 3.01 1.73

- sheared/banded, moderate to strongly

sericite and silica altered rock

QCV - quartz calcite vein

QFP - quartz feldspar porphyry

 Intervals have been presented in core length; diamond drill holes are planned to intersect mineralization as

close to perpendicular to strike as possible or known; the true widths are estimated to be 75% - 85% of the

downhole length when hole and dips of the mineralized horizons are considered.

 Assays results as presented have not been capped. Intercepts occur within geological boundaries of major

zones but have not been correlated to individual structures/horizons within these zones.

 Vertical depth is measured from the surface to the mid-point of the reported interval.

The drilling program was designed to validate the historic drill results, to gain an understanding of the

mineralization controls as well as to test strike length and the depth of mineralization.

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The Goodfish A Shear Zone is defined by an approximately 15 m wide, cross-cutting corridor of anomalous

gold, localized high-grade Au domains, intense shearing, discrete fault damage zones and pervasive sericite

+ carbonate + silica alteration. Within the high-grade corridor defined by historic drilling, Warrior Gold’s drill

program confirmed grade continuity intersecting 9.04 g/t Au over 5.37 m (GK19-008). Drilling at the A Zone

successfully confirmed the continuation of the Goodfish deformation zone ~140 m west of historic intercepts

where the drill-hole was terminated in the underground workings at the onset of gold mineralization. Visible

gold was identified up-hole prior to intersecting the workings. The A Zone remains open in all directions and

has been tested only by historic drilling to a vertical depth of 230 m. Warrior Gold’s 2019 program drilling did

not exceed 100 m below surface.

The C Zone drilling determined the high-grade potential of the area by intersecting two 100 g/t gold intervals

(GK19-03 and GF19-07). Drilling encountered multiple zones of intense deformation and sericite-carbonate

alteration. Inferred structural complexity from airborne magnetics suggests the presence of a cross-cutting

structure which requires additional testing.

Drilling at Deloye achieved the program objectives by successfully testing the stratigraphy around the historic

workings providing an understanding of the mineralization style and control of previously mined rock. First

pass drilling intersected a significant deformation zone, inferred to be the auriferous cataclastic Kirana

Deformation Zone (Friedman 2019), at the margin of a substantial quartz-feldspar porphyry. Lower grade

gold was encountered along the margins of the intrusion within the sheared domain.

For further reference Warrior Gold has uploaded geological cross and long sections to its website at:

www.warriorgoldinc.com.

“The high-grade gold intersections with visible gold at the A and C Zones are open in all directions and have

been encountered at relatively shallow depths for the Abitibi Greenstone Belt. Future drilling will focus on

these zones as well as the auriferous Kirana Deformation Zone.” added Tom Neelands, Warrior Gold’s Chief

Geologist.

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Table 2. Drill Hole Collar data.

This table corrects the error in Warrior Gold’s April 18, 2019 news release and correctly indicates that five

holes were drilled in Goodfish C Zone (not six) and eight holes (not seven) in Goodfish A Zone.

Analytical Procedures and QA/QC

Program design, management, and Quality Control/Quality Assurance are conducted by Warrior Gold’s

exploration group under the supervision of Tom Neelands, P.Geo, the Company's Qualified Person.

GeoVector Management Inc. of Ottawa, Ontario led by Tim Chadwick, MSc. supervised all aspects of the

core logging which included: core orientation, photography, geology, structural measurements, magnetic

susceptibility, core lost and the insertion of standards and blanks. Standards were obtained from Analytical

Solutions Ltd. and the QA/QC results were reviewed by Naaznin Pastakia.

Drill core samples were cut by diamond saw at Canadian Exploration Services Ltd. (CXS) in Larder Lake,

Ontario, 27 km east of Kirkland Lake. Field duplicate samples, blank rock samples and certified reference

materials were inserted into the sample sequence at a frequency of one per 20 samples. A halved core

sample is left in the core box with the other half core sampled and transported by Warrior Gold’s personnel

in securely sealed bags to ALS Limited’s sample preparation laboratory in Timmins, Ontario. After sample

preparation, samples are shipped to ALS's Vancouver facility for gold and ICP analysis. Gold assays greater

than three g/t are re-assayed on a 30 g split by fire assay with a gravimetric finish. ALS is a certified and

accredited laboratory service. ALS routinely inserts certified gold standards, blanks and pulp duplicates, and

results of all QC samples are reported.

Area DDH Northing Easting Elevation

(m) Azimuth Dip Depth

(m)

Deloye GK19-001 5337654 572882 284 176.9 -45.3 141.1

Deloye GK19-002 5337654 572882 284 178.1 -59.2 82.64

C Zone GK19-003 5339187 573725 296 119.9 -43.9 150.98

C Zone GK19-004 5339126 573687 296 122.3 -45.8 195.38

C Zone GK19-005 5339126 573687 296 122.1 -60.8 179.03

C Zone GK19-006 5339077 573656 294 130.3 -42.6 168.83

C Zone GK19-007 5339077 573656 294 128.7 -59.7 175.92

A Zone GK19-008 5338783 573762 295 214.1 -44.5 154.77

A Zone GK19-009 5338780 573760 295 214.7 -60.3 160.77

A Zone GK19-010 5338798 573679 292 205.8 -46.3 118.8

A Zone GK19-011 5338798 573679 292 197.9 -76.3 182.08

A Zone GK19-012 5338826 573615 289 201.5 -75.4 58.77

A Zone GK19-013 5338826 573615 289 202.8 -69 96.41

A Zone GK19-014 5338784 573717 294 207 -76 181.38

A Zone GK19-015 5338773 573750 296 192.7 -74.9 175.89

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The technical information contained in this news release has been approved by Tom Neelands, P.Geo., the

Chief Geologist for Warrior Gold, who is a Qualified Person as defined in National Instrument 43-101,

Standards of Disclosure for Mineral Projects.

About Warrior Gold Inc.

Warrior Gold is a TSX Venture Exchange listed Company that owns the Goodfish-Kirana Property located

five km from the Town of Kirkland Lake, Ontario. The Property is located in the historic Kirkland Lake Gold

Camp which is situated in the prolific Abitibi Greenstone Belt, recognized as one of the world’s highest grade

greenstone belts with over 200 million ounces of gold produced to date.

The Goodfish-Kirana Property is 11.5 km long by roughly three km wide (34 km 2) and contains three major

structural trends: the east-west trending Kirana Deformation Zone; the northeast trending Goodfish

Deformation Zone; and the Victoria Creek Deformation Zone on the recently acquired Sutton claims on the

northeast side of the property. The Property contains numerous historical gold showings, as well as 18

historical pits and shafts.

For additional information please contact:

Danièle Spethmann, P.Geo. Malcolm Burke

President & CEO Director

Warrior Gold Inc. Warrior Gold Inc.

+1 647 344-3433 +1 604 220-2000

[email protected] [email protected]

Website: warriorgoldinc.com

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Forward-Looking Statements: This press release contains forward-looking statements. Forward-looking

statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe",

“anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements

that certain events or conditions "may" or "will" occur. The forward-looking statements are based on certain

key expectations and assumptions made by the Company. Although Warrior Gold believes that the

expectations and assumptions on which the forward-looking statements are based are reasonable, undue

reliance should not be placed on the forward-looking statements because Warrior Gold can give no

assurance that they will prove to be correct. Since forward-looking statements address future events and

conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ

materially from those currently anticipated due to a number of factors and risks. In addition to other risks that

may affect the forward-looking statements in this press release are those set out in the Company’s

Management Discussion and Analysis of the financial condition and results of operations for the year ended

March 31, 2018 and the third quarter ended December 31, 2018, which are available at www.sedar.com.

The forward-looking statements contained in this press release are made as of the date hereof and Warrior

Gold undertakes no obligation to update publicly or revise any forward-looking statements or information,

whether as a result of new information, future events or otherwise, unless so required by applicable securities

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