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NSG.CN ·

Northstar Postpones Quarterly Filing

Corporate Updates

NORTHSTAR GOLD CORP

P.O BOX 2529

New Liskeard, ON

POJ 1PO

Tel: (705) 676-6476

www.northstargoldcorp.com

For Immediate Release

Northstar

Postpones Quarterly Filing

Vancouver, B.C., April 3, 2020. Northstar Gold Corp. (CSE: NSG) (“ Northstar” or the

“Company”), announces the Company is postponing the reporting of its conden sed interim

quarterly Financial Statements, Management’s Discussion and Analysis (“MD&A”) as a result of

delays caused by the COVID-19 pandemic. The Company aims to fi le these documents by April

10th, under the terms of the 45-day extension announced by the Onta rio Securities Commission

under the “Ontario Instrument 51 -502”, dated March 23, 2020. The Company confirms that

management and the Company’s insiders remain subject to an Insider Trading B lack Out period

as per its internal Insider Trading Policy. The only material c hanges to the Company since the

filing of its second quarter Financial Statements and MD& A on December 30, 2019 are the

financing announced today and the close of the Company’s initia l public offering on December

31, 2019.

About Northstar Gold Corp.

Northstar recently listed on the CSE by way of a $3 million Initial Public Offering and is focused

on gold exploration in the prolific Kirkland Lake District in n ortheastern Ontario. Prior to going

public, the Company spent $7 million to acquire and advance 3-100% owned gold and base-metal

properties in the region. Northstar has an accomplished Board, Special Advisor and Management

Group comprised of professionals highly experienced in explorat ion, mining, finance and

investment banking on a global basis. In late February, 2020, Northstar commenced a $1.1 million

Phase I exploration program which includes 3,000 m of drilling on its flagship, early-resource

stage Miller Gold Property, situated 18 km southeast of the tow n of Kirkland Lake and Kirkland

Lake Gold’s Macassa gold mine.

On behalf of the Board of Directors, For further information , please contact:

Mr. Brian P. Fowler, P.Geo. D e r e k W o o d

President, CEO and Director C onduit IR

(604) 617-8191 ( 4 0 3 ) 200-3569

[email protected] [email protected]

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER

HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS

RELEASE.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN

THE UNITED STATES

Forward-looking Information Cautionary Statement

2

Except for statements of historic fact, this news release contains certain "forward-looking information"

within the meaning of applicable securities law. Forward-looking information is frequently characterized

by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar

words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements

are based on the opinions and estimates at the date the statements are made, and are subject to a variety

of risks and uncertainties and other factors that could c ause actual events or results to differ materially

from those anticipated in the forward-looking stat ements including, but not limited to delays or

uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in

forward-looking information, including factors beyo nd the Company's control. The Company undertakes

no obligation to update forward-looking information if circumstances or management's estimates or

opinions should change except as required by law. The reader is cautioned not to place undue reliance on

forward-looking statements. Additional information iden tifying risks and uncertainties that could affect

financial results is contained in the Company's filings with Canadian securities regulators, which filings

are available at www.sedar.com.