The Final Hearing ON the Haib Copper Licence Review of the Decision of the Minister of Mines Will Be Held ON October 3 and 4, 2022

THE FINAL HEARING ON THE HAIB COPPER LICENCE REVIEW OF THE

DECISION OF THE MINISTER OF MINES WILL BE HELD ON OCTOBER 3

AND 4, 2022

VANCOUVER, BC

,

July 5, 2022

/CNW/ - Deep-South Resources Inc. ("Deep-South" or "the Company") (TSXV: DSM) reports that at the hearing held on

June 30,

2022

, the court ordered the following:

Haib Minerals (Deep-South fully owned subsidiary) must file its heads of argument 15 days (

September 12, 2022

) before the hearing;

The Minister of Mines and the other respondents must file their heads of argument 10 days (

September 19, 2022

) before the hearing;

The indexed and paginated papers and the record must be filed by

September 23, 2022

;

The hearing will be held on

October 3

and 4, 2022.

The Company will provide regular updates in this regard and any other matter concerning this situation.

About Deep-South Resources Inc

Deep-South Resources is a mineral exploration and development company Deep-South growth strategy is to focus on the exploration and development of quality

assets in significant mineralized trends and in proximity to infrastructure in stable countries. In using and assessing environmentally friendly technologies in the

development of its copper project, Deep-South embraces the green revolution.

Neither the 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.

Caution Regarding Forward-Looking Information

Information contained in this news release which are not statements of historical facts may be "forward-looking information" for the purposes of Canadian

securities laws. Such forward-looking information involves risks, uncertainties and other factors that could cause actual results, performance, prospects and

opportunities to differ materially from those expressed or implied by such forward looking information. The words "believe", "expect", "anticipate",

"contemplate", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule", "understand" and similar expressions identify forward-looking

information. These forward-looking statements relate to, among other things: the Minister's refusal to renew the Company's Licence, the Company's intention

to contest the Minister's decision before the Courts of

Namibia

and the outcome of such proceedings.

Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable by Deep-South, are

inherently subject to significant technical, political, business, economic and competitive uncertainties and contingencies. Known and unknown factors could

cause actual results to differ materially from those projected in the forward-looking information. Factors and assumptions that could cause actual results or

events to differ materially from current expectations include, among other things: political risks associated with the Company's operations in

Namibia

; the

failure of the Namibian Government to comply with its continuing obligations under the Act to allow for the renewal of the Licence; the impact of changes in, or

to the more aggressive enforcement of, laws, regulations and government practices; the inability of the Company and its subsidiaries to enforce their legal

rights in certain circumstances. For additional risk factors, please see the Company's most recently filed Management Discussions & Analysis available on

SEDAR at

www.sedar.com

.

There can be no assurances that forward-looking information and statements will prove to be accurate, as many factors and future events, both known and

unknown could cause actual results, performance or achievements to vary or differ materially from the results, performance or achievements that are or may

be expressed or implied by such forward-looking statements contained herein or incorporated by reference. Accordingly, all such factors should be considered

carefully when making decisions with respect to Deep-South, and prospective investors should not place undue reliance on forward looking information.

Forward-looking information in this news release is made as at the date hereof. The Company assumes no obligation to update or revise forward-looking

information to reflect changes in assumptions, changes in circumstances or any other events affecting such forward-looking information, except as required by

applicable law.

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SOURCE

Deep-South Resources Inc.

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For further information:

More information is available by contacting Pierre Léveillé, President & CEO at +1-819-340-0140 or at: [email protected]

CO: Deep-South Resources Inc.

CNW 11:13e 05-JUL-22