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Where Exploration Intersects Discovery TSXV: NRG OTCQB: NRGOF Newrange Commences Drilling at North Birch Project

Exploration Programs

510 - 580 Hornby Street, Vancouver, BC V6C 3B6 - Tel. (604) 669 - 0868 Fax (604) 558 - 4200

Where Exploration Intersects Discovery TSXV: NRG OTCQB: NRGOF

Newrange Commences Drilling at North Birch Project

VANCOUVER, BRITISH COLUMBIA, February 17, 2022 (TSXV: NRG, US: NRGOF, Frankfurt: X6C)

– Newrange Gold Corp. ("Newrange" or the “Company") is pleased to announce that diamond drilling

has commenced on its 100% owned North Birch Project in the Birch-Uchi greenstone belt northeast of

Red Lake, Ontario. Approximately 2,000 metres are planned, w ith the first five holes testing a three-

kilometre strike length of the main target horizon, interpreted to be a sheared limb of a folded iron

formation (see Figure 1).

“We are excited to start the inaugural drill program on the main iron formation target at North Birch,”

stated Robert Archer, Newrange’s President & CEO. “This target has never been drill -tested but, with

gold elsewhere on the property and at the near by Argosy Gold Mine and Springpole Deposit, it checks

all the boxes for a potential discovery.”

Figure 1: Airborne magnetic map of the North Birch Property highlighting folded iron formation (in red/purple), gold showings

and primary target horizon for the 2022 drilling program

510 - 580 Hornby Street, Vancouver, BC V6C 3B6 - Tel. (604) 669 - 0868 Fax (604) 558 - 4200

Where Exploration Intersects Discovery TSXV: NRG OTCQB: NRGOF

The 3,850-hectare North Birch Project encompasses a folded and sheared iron formation that is

structurally similar to Newmont’s Musselwhite Mine, 185 kilometres to the northeast and the largest of

this class of deposits in Canada, with past production and reserves exceeding 7 million ounces (Ontario

Geological Survey and Newmont Corporation). The Pickle Lake District, in the next greenstone belt to

the east of Birch-Uchi, contains several deposits hosting gold in iron formati on and adjacent rocks and

has collectively produced 2.9 million ounces of gold since 1935 (MNDM archives).

Qualified Person

The technical content disclosed in this press release was reviewed and approved by David Hladky,

P.Geo., Senior Geologist for Newrange and a Q ualified Person as defi ned under National Instrument

43-101.

About Newrange Gold Corp.

Newrange is focused on district-scale exploration for precious metals in favorable jurisdictions including

Nevada and Ontario. The Company’s Pamlico Project in Nevada contains a large-scale multi-phase

polymetallic mineralizing system with multiple gold and copper targets spread over more than 5,700

hectares. In t he pr olific Red Lake District of northwestern Ontario, the past-producing high-grade

Argosy Gold Mine is op en to dept h, while the adjacent North Birch Project offers additional blue-sky

potential. F ocused on developi ng shareholder value through exploration and development of key

projects, the Com pany is committed to bui lding sustainable value for all stakeholders. Furt her

information can be found on our website at www.newrangegold.com.

Signed: “Robert Archer”

President & CEO

FOR FURTHER INFORMATION CONTACT:

Sharon Fleming Dave Cross

Corporate Communications Chief Financial Officer and Corporate Secretary

Phone: 760-898-9129 Phone: 604-669-0868

Email: [email protected] Email: [email protected]

Website: www.newrangegold.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts

responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement:

Some of the statements in this n ews release contain forward-looking information that invol ves inherent risk and uncertainty affecting the

business of Newrange Gold Corp. Actual results may differ materially from those currently anticipated in such statements.