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LUG.TO ·

Lundin GOLD to Present at Virtual Town Hall Meeting

Marketing Announcement

885 West Georgia Street T +1 604 689 7842

Suite 2000 F +1 604 689 4250

Vancouver, BC [email protected]

Canada V6C 3E8 lundingold.com

NEWS RELEASE

LUNDIN GOLD TO PRESENT AT VIRTUAL TOWN HALL MEETING

ON NOVEMBER 12, 2020

November 6, 2020 (Vancouver, Canada) Lundin Gold Inc. ("Lundin Gold" or the "Company")

(TSX: LUG) (Nasdaq Stockholm: LUG) is pleased to announce that Ron Hochstein, President

and CEO, will be presenting at a Virtual Town Hall on Thursday November 12, 2020 at 6:00

pm CET/12 noon EST.

The Company’s Fruta del Norte gold min e, located in Ecuador, produced 95,240 ounces of

gold during the third quarter of 2020, its first full quarter of operations. Lundin Gold will publish

its third quarter 2020 results on Monday, November 9, 2020, after market close in North

America.

Register for the live event here: Register Lundin Gold Town Hall or at www.lundingold.com.

A copy of the presentation will also be available on the Company’s website.

About Lundin Gold

Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold project in

southeast Ecuador. Fruta del Norte is among the largest and highest -grade gold projects in

the world currently in production.

The Company's board and management team have extensive expertise in mine operations

and are dedicated to advancing Fruta del Norte responsibly. The Company operates with

transparency and in accordance with international best practices. Lundin Gold is committed

to delivering value to its shareholders, while simultaneously providing economic and social

benefits to impacted communities, fostering a healthy and safe workplace and minimizing the

environmental impact. The Company believes that the value created through the development

of Fruta del Norte will benefit its shareholders, the Government and the citizens of Ecuador.

For more information, please contact

Lundin Gold Inc.

Ron F. Hochstein

President and CEO

+593 2-299-6400

+1-604-806-3589

Lundin Gold Inc.

Sabina Srubiski

Manager, Investor Relations

+1-604-806-3089

[email protected]

www.lundingold.com

Robert Eriksson

Investor Relations, Sweden

+46 701 112 615

[email protected]

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