Trillium Gold Mobilizes New Drill To Newman Todd and commences major drill campaign 25,000 to 30,000 metres of drilling planned across Trillium Gold's advanced and early stage projects Multiple follow-up holes planned to test additional high-priority targets

Trillium Gold Mobilizes New Drill To Newman Todd and commences

major drill campaign

25,000 to 30,000 metres of drilling planned across Trillium Gold's advanced and early stage projects

Multiple follow-up holes planned to test additional high-priority targets

Geological Team has increased to four full time geologists under the leadership of VP of Exploration, Bill Paterson

Continuing to explore previously untested structures and geology with attention to optimizing drilling direction

VANCOUVER, BC

,

Oct. 28, 2020

/CNW/ -

Trillium Gold Mines Inc. (TSXV: TGM

)

(OTCQX: TGLDF)

("Trillium" or the "Company") is pleased to

report that the Company has initiated a major drill program at the Newman Todd Property in

Red Lake

along with its other earlier stage projects.

This is the second phase of drilling in 2020 at Newman Todd, and it is expected to increase to more than 25,000 metres as new targeting

methods demonstrate more positive results.

Figure 1 Geologic map of Red Lake including producing and past producing mines, mineral prospects, as well as the Red Lake Greenstone belt,

geology and alteration packages. (CNW Group/Trillium Gold Mines Inc.)

Rodren Drilling Ltd. of

West St. Paul, Manitoba

has been awarded the contract for this next phase of drilling, which is expected to continue well

into 2021.

"Having built a strong team of geologists, most have spent much of their careers in

Red Lake

with Goldcorp and Rubicon Minerals, Trillium has

assembled a team with more than 100 years of combined exploration and production experience in the Red Lake Greenstone Belt" states

William

Paterson

, Trillium Gold's Vice President of Exploration "We continue to test our geological and structural concepts with this second phase of

drilling. The drilling and outcrop data collected over the summer and fall should allow us to complete a targeting model for more than

1,000m

of

strike length within the Newman

Todd Zone

, and it is our expectation that our precision in targeting will increase with this better understanding"

Paterson continued.

Russell Starr

, CEO of Trillium Gold comments "The initial assay results have proven to be very encouraging. We have tested new drill angles and

azimuths which were not tested previously.

These are now proving to be very meaningful in understanding the mineralization controls in the camp. With multiple high-priority drill targets, we

expect that we will likely increase the phase one drill program from the current 8,000 metres to over 25,000 metres by drilling these carefully

thought-out drill holes."

Results from the remainder of the Phase One drilling program continued to show positive outcomes. Hole NT20-171, again drilled opposite to the

majority of the historical drilling, was designed to test the north-eastern end of the Newman

Todd Zone

and returned 5.14 g/t gold (Au) over

3.85m

from

72.4m

depth in a sulphidized, cherty, magnetite iron formation. Hole NT20-172, testing the south-western extension of the Newman

Todd Zone

, showed visible gold at

158.62m

in quartz veining and assayed 16.8 g/t Au over

0.3m

from

158.57m

depth.

The full set of significant assay composite results from Phase One is included in the Table below:

Hole Number

From (m)

To (m)

Width (m)

Au (g/t)

NT20-166

56.00

57.00

1.00

1.51

NT20-166

89.00

89.61

0.61

1.83

NT20-166

100.35

105.35

5.00

0.48

NT20-166

116.53

117.75

1.22

1.07

NT20-166

119.59

120.60

1.01

1.43

NT20-166

161.70

163.10

1.40

5.22

NT20-166

169.00

170.00

1.00

8.58

NT20-166

176.30

179.60

3.30

9.09

Including:

177.50

178.50

1.00

29.03

NT20-166

181.50

183.20

1.70

0.85

NT20-166

193.00

197.70

4.70

0.88

NT20-166

201.70

203.70

2.00

2.69

NT20-166

204.70

207.35

2.65

0.76

NT20-166

223.70

225.25

1.55

1.78

NT20-166

247.00

249.60

2.60

6.90

Including:

248.65

249.60

1.00

11.58

NT20-166

282.00

285.00

3.00

0.48

NT20-166

309.30

310.20

0.90

3.11

NT20-166

317.00

320.00

3.00

1.01

NT20-166

329.00

330.00

1.00

2.32

NT20-166

349.00

351.00

2.00

0.93

NT20-167

44.50

46.50

2.00

2.09

NT20-167

87.00

88.00

1.00

8.18

NT20-167

110.00

113.00

3.00

1.58

NT20-167

121.80

122.80

1.00

2.32

NT20-167

140.00

142.00

2.00

1.33

NT20-167

182.00

198.00

16.00

1.10

NT20-167

207.00

212.00

5.00

1.79

NT20-167

227.00

231.00

4.00

1.23

NT20-167

237.00

238.60

1.60

3.69

NT20-167

279.00

280.00

1.00

0.92

NT20-167

296.50

299.55

3.05

1.01

NT20-167

311.15

317.70

6.55

8.63

Including:

314.30

314.70

0.40

29.35

NT20-168

158.20

160.20

2.00

2.34

NT20-168

164.90

168.00

3.10

1.57

NT20-168

478.00

478.65

0.65

3.17

NT20-168

506.00

512.00

6.00

1.60

NT20-169

137.70

140.25

2.55

0.97

NT20-169

163.00

164.50

1.50

0.70

NT20-169

203.35

204.35

1.00

1.09

NT20-169

226.00

233.05

7.05

15.41

Including:

226.00

230.30

1.00

23.88

Including:

229.18

230.30

1.12

69.85

NT20-169

245.00

246.00

1.00

1.13

NT20-170

24.00

26.00

2.00

1.13

NT20-170

73.70

83.50

9.80

1.53

NT20-171

72.40

76.25

3.85

5.14

NT20-172

158.57

158.87

0.30

16.80

Bolded assay composites

are new and not previously reported.

The Newman

Todd Zone

is currently a 2.2 km long and up-to- 200-metre-wide structural target which is situated in the Red Lake Gold Camp.

Drilling from 2013 and earlier had mostly focused on testing the zone by targeting the footwall with drilling toward the southeast, now known to be

sub-parallel to gold mineralized veining and structures, potentially missing high-grade intersections or undercutting much of the targeted zone.

Newman Todd is a highly prospective target with 41% of the 165 historic drill holes having intervals of greater than 20 g/t gold over various

lengths. In addition, nearly all drilling has been to depths less than

400m

. The Red Lake Camp is famously known for high grade gold

mineralization at depth with Evolution Mining's Red Lake Gold Mine currently reaching depths of several thousands of feet. Trillium will continue to

test various drill orientations in order to develop a comprehensive understanding of the mineralization and structural controls and test the depth

potential of the Newman

Todd Zone

. Figure 1 below shows the location of the Newman Todd Project as well as its relative location to the

producing and past producing mines within the Red Lake Camp.

The technical information presented in this news release has been reviewed and approved by William Paterson QP, PGeo, VP of Exploration of

Trillium Gold Mines., as defined by NI 43-101.

All drilling was supervised by

Paul Barc

, PGeo. Drill core is logged and sampled in a secure core facility on site. Core samples from the program

are cut in half, using a diamond cutting saw, and are sent to the SGS Laboratory in

Red Lake, ON

, an accredited mineral analysis laboratory, for

analysis. All samples are analysed for gold using standard Fire Assay-AA techniques. Samples returning over 10.0 g/t gold are analysed utilizing

standard Fire Assay-Gravimetric methods. Duplicate assays of approximately 5% of the samples are also obtained from the coarse reject of the

original sample. Selected samples with results greater than 1 ounce per ton are also analyzed with a standard 1 kg metallic screen fire

assay. Certified gold reference standards and blanks are routinely inserted into the sample stream, as part of Trillium Gold's quality control/quality

assurance program (QAQC). No QAQC issues were noted with the results reported herein. All drill intercepts reported are down-hole core

lengths.

Trillium wishes to correct the statutory hold period on the securities issued in connection with the share for debt settlement (the "Shares for Debt

Settlement") disclosed in its

October 21, 2020

news release. In connection with the Shares for Debt Settlement, all securities issued in connection

with the Shares for Debt Settlement are subject to a statutory hold period expiring on February 22, 2021 in accordance with applicable securities

legislation. The remaining material terms of the Shares for Debt Settlement remain as announced on

October 21, 2020

.

On behalf of the Board of Directors,

Trillium Gold Mines Inc.

"Russell Starr"

Russell Starr

President, CEO and Director

About Trillium Gold Mines Inc.

Trillium Gold Mines Inc. is a

British Columbia

based company engaged in the business of acquisition, exploration and development of mineral

properties located in the highly prospective Red Lake Mining District of

Northern Ontario

.

Disclosure and Caution

Neither 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.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may

cause actual events to differ materially from current expectation. Readers are cautioned not to place undue reliance on these forward-looking

statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent

required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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For further information:

For further information about this news release and the Company's current activities contact [email protected], visit

our website at www.trilliumgold.com or call us at 604-688-9588.

CO: Trillium Gold Mines Inc.

CNW 08:30e 28-OCT-20