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Lundin GOLD to Release Second Quarter of 2021 Results

Financials

NEWS RELEASE

Vancouver, July 29, 2021

Lundin Gold Inc. 885 West Georgia Street, Suite 2000 Phone: +1 604 689 7842 lundingold.com

Vancouver, BC, V6C 3E8 Fax: +1 604 689 4250 Email: [email protected]

LUNDIN GOLD TO RELEASE SECOND QUARTER OF 2021 RESULTS AUGUST 11, 2021

Lundin Gold Inc. (TSX: LUG; Nasdaq Stockholm: LUG) ("Lundin Gold" or the "Company") announces that it will

publish its second quarter of 2021 results on Wednesday, August 11, 2021, after market close in North America.

The Company will host a conference call and webcast to discuss its results, as well as give an update on

operations at Fruta del Norte, on Thursday, August 12 at 8:00 a.m. Pacific Time, 11:00 a.m. Eastern Time, 5:00

p.m. CET.

Conference Call and Webcast

Please call in 10 minutes before the conference call starts and stay on the line (an operator will be available to

assist you).

Conference Call Dial-In Numbers:

Participant Dial-In North America: +1 416-764-8659

Toll-Free Participant Dial-In North America: +1 888-664-6392

Participant Dial-In Sweden: 0200899189

Conference ID: Lundin Gold / 44796710

Webcast:

A link to the webcast and presentation slideshow in PDF format will be available on the Company’s website,

www.lundingold.com, shortly before the conference call.

Conference Replay:

A replay of the conference call will be available two hours after its completion until August 26, 2021.

Toll Free North America Replay Number: +1 888-390-0541

International Replay Number: +1 416-764-8677

Replay passcode: 796710 #

For more information, please contact

Ron F. Hochstein Finlay Heppenstall

President and CEO Director, Investor Relations

Tel (Ecuador): +593 2-299-6400 Tel: +1 604-806-3089

Tel (Canada): +1 604-806-3589 [email protected]

[email protected]

2

About Lundin Gold

Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador.

Fruta del Norte is among the highest-grade operating gold mines in the world.

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

operating 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.

Additional Information

This information was publicly communicated on July 29, 2021 at 2:00 p.m. Pacific Time through the contact

persons set out above.