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Opus One GOLD Corp Announces That IT is Completing a High Resolution Regional Aerial Magnetic Survey over Its Entire Land Package IN the CASA-Berardi-Douay-Cameron District, Matagami

Exploration Programs

2075 Victoria, #220

St Lambert, Québec, J4S 1H1

Tel: (514) 591-3988

[email protected]

NEWS RELEASE

FEBRUARY 8, 2022 TRADING SYMBOL: TSX-V: OOR

OPUS ONE GOLD CORP ANNOUNCES THAT IT IS COMPLETING A HIGH

RESOLUTION REGIONAL AERIAL MAGNETIC SURVEY OVER ITS ENTIRE LAND

PACKAGE IN THE CASA-BERARDI-DOUAY-CAMERON DISTRICT, MATAGAMI

REGION, QC

NOT FOR DISTRIBUTION TO U.S NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES

Montreal, February 8, 2022 Opus One Gold Corp (TSX -V: OOR) (the “Company” or

“Opus One”) is pleased to announce that it has contracted a geophysical company to

carry out a high resolution aerial magnetic survey over its Vezza North, Vezza Extension

and Noyell gold exploration projects, all located close and to the south of the town of

Matagami within the gold prolific Casa -Berardi-Douay-Cameron deformation corridors.

This district is the main focus of Opus One’s exploration effort in the Abitibi.

The survey will cover the Noyell property which hosts the gold discovery called Zone 1.

The latter was drilled in 2020 and 2021 by Opus One and has now been defined over a

strike length of over 400 m and down to the 375 m level . See the table below for all

detailed intercepts with Metal Factor (grade X length) above 10.

In addition, the geophysical survey will cover the Vezza North and Vezza Extension

properties. The Vezza Extension property is interpreted to host the western extension of

the former Vezza Mine mineralized horizon. This highly prospective target was never drill

tested on the property hence its potential remains hypothetical.

Opus One believes that this high quality survey will enable the company to fine tune its

geological and structural knowledge of the area and lead to the definition of new drill

targets.

OPUS ONE Resources Inc.

Opus One Resources Inc. is a mining exploration company focused on discovering high

quality gold a nd base metals deposits within strategically located properties in proven

mining camps, close to existing mines in the Abitibi Greenstone Belt, north -western

Quebec and north-eastern Ontario - one of the most prolific gold mining areas in the world.

Opus One holds assets in Val-d'Or, Matagami and Chibougamau areas.

A qualified person, Pierre O’Dowd P.Geo, has verified the data disclosed, including

DDH From To ppm Au lenght m Met. Factor DDH From To ppm Au lenght m Met. Factor DDH From To ppm Au lenght m Met. Factor

88-39 140,4 144,8 5,01 4,40 22 2007-13 286,3 291,5 2,30 5,20 12 NO-21-04 421,0 424,5 4,84 3,50 16,9

140,4 141,3 15,95 0,90 286,3 286,8 19,97 0,50 421,0 421,5 3,56 0,50

141,3 142,0 1,60 0,70 286,8 288,0 0,25 1,20 421,5 422,0 4,00 0,50

142,0 142,5 3,44 0,50 288,0 289,0 0,03 1,00 422,0 422,5 21,00 0,50

142,5 143,4 0,19 0,90 289,0 290,0 0,06 1,00 422,5 423,0 2,11 0,50

143,4 144,8 3,33 1,40 290,0 291,0 0,03 1,00 423,0 423,5 0,32 0,50

95-17 282,5 287,0 2,82 4,50 12,6 291,0 291,5 3,14 0,50 423,5 424,0 1,49 0,50

282,5 283,1 3,37 0,60 2007-14 255,2 260,0 2,77 4,80 13,3 424,0 424,5 1,40 0,50

283,1 284,6 0,74 1,50 255,2 256,0 4,66 0,80 NO-21-05 421,8 424,5 6,27 2,70 16,4

284,6 285,3 0,65 0,70 256,0 257,0 0,02 1,00 421,8 422,3 2,07 0,50

285,3 286,0 9,84 0,70 257,0 258,0 0,07 1,00 422,3 423,0 4,96 0,70

286,0 287,0 1,65 1,00 258,0 258,8 0,02 0,80 423,0 424,0 3,75 1,00

2007-10 312,0 315,0 5,26 3,00 16 258,8 259,3 11,83 0,50 424,0 424,5 17,36 0,50

312,0 312,6 4,81 0,55 259,3 260,0 5,08 0,70 NO-21-06 404,0 410,5 4,47 6,50 29,1

312,6 313,0 0,03 0,45 NO-20-01 374,6 381,1 2,05 6,50 13,3 404,0 404,5 2,57 0,50

313,0 313,5 5,45 0,50 374,6 375,8 6,76 1,20 404,5 405,0 17,80 0,50

313,5 314,0 11,01 0,50 375,8 377,0 0,02 1,20 405,0 405,6 4,84 0,60

314,0 314,5 3,46 0,50 377,0 378,2 0,23 1,20 405,6 406,7 0,05 1,10

314,5 315,0 6,34 0,50 378,2 379,5 0,08 1,30 406,7 407,2 0,15 0,50

2007-11 247,7 250,0 4,74 2,30 10,9 379,5 380,3 3,49 0,80 407,2 408,1 0,03 0,90

247,7 248,2 5,00 0,50 380,3 381,1 2,50 0,80 408,1 408,7 0,10 0,60

248,2 248,7 3,78 0,50 NO-20-02 294,9 306,1 3,54 11,20 39,6 408,7 409,5 0,07 0,80

248,7 249,2 11,52 0,50 294,9 296,2 4,22 1,30 409,5 410,0 18,00 0,50

249,2 250,0 0,93 0,80 296,2 297,5 1,57 1,30 410,0 410,5 13,35 0,50

2007-12 282,8 286,5 4,25 3,70 15,7 297,5 299,0 0,06 1,50 NO-21-12 425,5 428,0 6,02 2,50 15,2

282,8 283,5 14,66 0,70 299,0 300,5 4,96 1,50 425,5 426,0 0,52 0,50

283,5 285,0 0,30 1,50 300,5 301,6 12,45 1,10 426,0 426,6 0,04 0,60

285,0 286,5 3,34 1,50 301,6 302,7 7,55 1,10 426,6 427,2 22,74 0,60

302,7 303,6 0,20 0,90 427,2 428,0 1,40 0,80

303,6 304,5 0,03 0,90

304,5 304,9 3,89 0,40

304,9 305,8 0,01 0,90

305,8 306,1 2,88 0,30

sampling, analytical, and test data underlying the information or opinions contained in the

written disclosure as required by section 3.1 and 3.2 of NI43-101.

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 the release.

For more information, please contact:

Louis Morin

Chief Executive Officer & DirectorTel.: (514) 591-398

Michael W. Kinley, CPA, CA

President, Chief Financial Officer & Director

Tel: (902) 826-1579

[email protected]

Visit Opus One’s website: www.OpusOneGold.com

Former Vezza Gold

mine