Mexican GOLD Provides Corporate Update

Vancouver, BC TSX-V: MEX

For Immediate Release October 4, 2021

MEXICAN GOLD PROVIDES CORPORATE UPDATE

Mexican Gold Mining Corp. (the “Company” or “Mexican Gold") (TSXV: MEX, OTCQB: MEXGF)

is pleased to announce that it has appointed Jack Campbell as President, CEO, and Director of

the Company. Mr. Campbell is a Professional Engineer and holds a BSc from the University of

Maryland.

With Mr. Campbell’s appointment, Mexican Gold has accepted the resignations of Philip O’Neill

as an officer and director of the Company and Jay Sujir as a director of the Company.

Jack Campbell, CEO of Mexican Gold stated: “On behal f of the Company, fellow shareholders,

and the board of directors, I would like to thank Mr. O’Neill and Mr. Sujir for their service and

commitment to Mexican Gold."

About Mexican Gold Mining Corp.

Mexican Gold is a Canadian-based mineral exploration and development company committed to

building long-term value through ongoing discoveries and strategic acquisitions of prospective

precious metals and copper projects in the Americas. Mexican Gold is exploring and advancing

the Las Minas Project , which is located in the core of the Las Minas mining distric t in Veracruz

State, Mexico, and host to one of the newest, under-explored skarn systems known in Mexico.

For more information, please contact:

Jack Campbell – CEO, President, and Director

E-mail: [email protected]

Website: www.mexicangold.ca

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.

All statements in this press release, other than statements of historical fact, are "forward -looking

information" with respect to Mexican Gold within the meaning of applicable securities laws. Mexican Gold

provides forward-looking statements for the purpose of conveying information about current expectations

and plans relating to the future and readers are cautioned that such statements may not be appropriate for

other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be

general or specific and which give rise to the possibility that expectations, forecasts, predictions,

projections or conclusions will not prov e to be accurate, that assumptions may not be correct and that

objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are

not limited to market conditions, exploration findings, results and recommendations, as well as those risks

and uncertainties identified and reported in Mexican Gold’s public filings under Mexican Gold’s SEDAR

profile at www.sedar.com. Although Mexican Gold has attempted to identify important factor s that could

cause actual actions, events or results to differ materially from those described in forward -looking

information, there may be other factors that cause actions, events or results not to be as anticipated,

estimated or intended. There can be no assurance that such information will prove to be accurate as actual

results and future events could differ materially from those anticipated in such statements. Mexican Gold

disclaims any intention or obligation to update or revise any forward -looking information, whether as a

result of new information, future events or otherwise unless required by law.