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MT.V ·

ML Gold Grants Stock Options

Share Capital & Compensation

Suite 2000 – 1177 West Hastings St

Vancouver, BC Canada V6E 2K3

T: 604-669-2279 / F: 604-602-1606

[email protected]

July 20, 2018

ML Gold Grants Stock Options

ML Gold Corp. (TSX-V: MLG; FSE: XOVN.F) (“ML Gold” or the “Company”) announces

the granting, subject to regulatory acceptance, of 3,990,000 incentive stock options to certain

officers, directors, consultants and employees of the Company (the “Options”). The Options

have a term of 5 years and are exercisable at a price of $0.09 per common share.

ABOUT ML GOLD CORP.

ML Gold Corp. is a Canadian listed Company, focused on creating shareholder value through

discoveries and strategic development of mineral properties in Canada and the United States.

For additional information please visit the Company’s website at www.mlgoldcorp.com. You

may also email [email protected] or call investor relations at (604) 669-2279.

ML GOLD CORP.

“Adrian Smith”

Adrian Smith

President

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.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform

Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”,

“target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward -looking statements or info rmation. These

forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration act ivity,

reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral

properties or infrastructure, currency risks including the exchange rate of US$ for CDN$, changes in exploration costs and government royalties

or taxes in Canada, the United States or other jurisdictions and other factors or information. Such statements represent the Company’s current

views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by

the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties.

Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the re sults,

performance or achievements that are or may be expressed or implied by such forward -looking statements. The Company does not intend, and

does not assume any obligation, to update these forward -looking statements or information to reflect changes in assumptions or change s in

circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

Suite 2000 – 1177 West Hastings St

Vancouver, BC Canada V6E 2K3

T: 604-669-2279 / F: 604-602-1606

[email protected]

Figure 1: Chalcopyrite (copper) veining in structurally complex zone, c urrent bottom of Hole 8

indicating mineralization is open to depth, drilling set to continue deeper.

Suite 2000 – 1177 West Hastings St

Vancouver, BC Canada V6E 2K3

T: 604-669-2279 / F: 604-602-1606

[email protected]

Figure 2: Drill Plan Map “Zone 4” Area