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Telson Commences Tahuehueto Pre-Production Toll Milling Campaign

Mine Development & Operations Partnerships & JV

Telson Mining Corporation

TSX.V: TSN OTCPink: SOHFF

Frankfurt: TSGN.F

Shares Issued: 139,579,152

Page 1 of 2

Telson Commences Tahuehueto Pre-Production Toll Milling Campaign

Vancouver, British Columbia, August 16, 2019

Telson Mining Corporation (“Telson” or the “Company” (TSX -V, OTC Pink-SOHFF, Frankfurt-TSGN (formerly SQ82)) is

pleased to announce that ore shipments from its flagship Tahuehueto Gold Mine under construction are underway

for delivery to the Atocha Toll Mill for processing scheduled to begin early next week.

Approximately 5,000 tonnes of Tahuehueto ore at a cut-off grade of 8 g/t AuEq will be available for processing on this

current campaign. Mill processing is expected to be completed within two weeks and the produced lead and zinc

concentrates sold immediately under the Company’s offtake agreement with Trafigura Mexico.

Tahuehueto’s previous toll milling campaigns have achieved consistent excellent recoveries of gold, silver, copper,

lead and zinc producing excellent quality lead and zinc concentrates. Proceeds realized from the sale of the resultant

concentrates have helped fund the construction of the Tahuehueto mine , now advanced to approximately 70% of

completion.

• Average recoveries achieved during 2018 toll milling were,

o 81.4% gold, 85.0% silver, 86.8% lead, 74.1% zinc and 78.5% copper.

• Average produced concentrate grades during 2018 were,

o lead concentrate 46.09% lead, 3.65% copper, 79.23 g/t gold, 996 g/t silver,

o zinc concentrate 44.87% zinc, 1.40g/t gold, 409g/t silver

Telson plans to continue its toll milling pre-production throughout the remainder of 2019 by shipping high-grade ore

obtained during its ongoing underground development program to the Atocha Toll Mill. Upon completion of the

current campaign the Company anticipate the next subsequent campaign to be delivered and ready for processing

mid-September 2019.

About Telson Mining Corporation

Telson Mining Corporation is a Canadian based mining company with two 100% owned Mexican gold, silver and base

metal mining projects.

Telson's Tahuehueto mining project, located in north-western Durango State, Mexico is currently under development

and waiting for final funding to complete construction of the processing plant and related assets to produce

concentrates in its own on-site mineral processing plant, with a designed capacity of at least 1,000 tonnes per day,

targeting completion of construction near end of Q1 2020.

Campo Morado is a polymetallic base metal mine with mining and milling equipment capable of produc ing up to

2,500 tons per day; which has been placed into care and maintenance pending better economic conditions and

community relationships allowing for a restart of mining operations.

Qualified Persons

This press release was prepared under the supervision and review of Ralph Shearing, P.Geol., President and

Telson Mining Corporation

TSX.V: TSN OTCPink: SOHFF

Frankfurt: TSGN.F

Shares Issued: 139,579,152

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Director of Telson Mining Corporation, a Professional Geologist registered in Alberta as a member of the

professional association APEGA, and a Qualified Person as defined by NI 43-101.

Visit: www.telsonmining.com

On Behalf of the Board of Directors

(signed) “Antonio Berlanga”

Antonio Berlanga, CEO and Director

Cautionary Note Regarding Production Decisions and Forward-Looking Statements

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking

statements” (collectively, “Forward- Looking Informat ion”) within the meaning of applicable Canadian securities laws.

Forward Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial

performance that is based on assumptions about future economic conditions and courses of action; the timing and costs of

future activities on the Company’s properties, such as production rates and increases; success of exploration, development

and bulk sample processing activities, and timing for processing at its own mineral processing facility on the Tahuehueto

project site. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “plans”,

“expects”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or variations of such words and phrases. In preparing

the Forward-Looking Information in this news release, the Company has applied several material assumptions, including,

but not limited to, that the current exploration, development, environmental and other objectiv es concerning the Campo

Morado Mine and the Tahuehueto Project can be achieved, the continuity of the price of gold and other metals, economic

and political conditions and operations. Forward-Looking Information involves known and unknown risks, uncertainties and

other factors which may cause the actual results, performance or achievements of the Company to be materially different

from any future results, performance or achievements expressed or implied by the Forward-Looking Information. There can

be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ

materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-

Looking Information. Except as required by law, the Company does not assume any obligation to release publicly any

revisions to Forward- Looking Information contained in this news release to reflect events or circumstances after the date

hereof or to reflect the occurrence of unanticipated events.

Neither 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.

For further information about Telson Mining Corporation, please contact:

Glen Sandwell

Corporate Communications Manager

[email protected]

Tel: +1 (604) 684-8071