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Stevens Gold Extends Lease Payment Date on Black Point Property

Mergers & Acquisitions

SUITE 350 – 1650 WEST 2ND AVENUE • VANCOUVER, BC • V6J 1H4 • CANADA

T (604) 428 – 5171

WWW.STEVENSGOLD.COM

Stevens Gold Extends Lease Payment Date on Black Point Property

Vancouver, B.C. October 8, 2020 - STEVENS GOLD NEVADA INC. (CSE: SG) (“Stevens Gold”) is pleased to

announce that its Option Agreement on its Black Point Property has been amended to extend the date of

its next Lease Payment from October 10, 2020 to December 9, 2020. The next lease payment is US$25,000.

Stevens Gold has paid the optionor, Golden Pursuit Resources Ltd. (TSX-V: GDP) (“Golden Pursuit ”),

US$5,000 for the extension.

The Black Point Property consists of 80 lode mining claims covering approximately 1,600 acres and is

located in Eureka County, Nevada, 11 miles northeast of Eureka and 18 miles west of the Bald Mountain-

Alligator Ridge-Yankee mining district.

Pursuant to its Option Agree ment with Golden Pursuit, Stevens Gold has the right to purchase a 60%

interest in the Black Point Property by making a payment of US$500,000 (the “Purchase Price”) at any

time during the term of the Option Agreement. Until the payment of the Purchase Price, Stevens Gold has

agreed to make annual lease payments to Golden Pursuit.

Stevens Gold has completed a drilling program on the Black Point Property and intends to examine assay

and ICP-OES results and deliberate prior to determining its next move in relation to further exploration.

About Stevens Gold Nevada Inc.:

Stevens Gold Nevada Inc. is a mineral exploration company. Its primary business objective is to explore its

optioned claims in Nevada with a view to acquiring ownership interest in the Black Point property.

ON BEHALF OF STEVENS GOLD NEVADA INC.

“Charles MaLette”

CEO, President, Director & Secretary

T: 604-428-5171

E: [email protected]

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the

business of Stevens Gold . Forward -looking information is based on certain key expectations and assumptions made by the

management of Stevens Gold . In some cases, you can identify forward -looking statements by the use of words such as “will,”

“may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,”

“likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions.

Although Stevens Gold believes that the expectations and assumptions on which such forward- looking information is based are

reasonable, undue reliance should not be placed on the forward-looking information because Stevens Gold can give no assurance

that they will prove to be correct.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy

of the contents of this release.