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Red Lake Gold Inc. Receives Government Exploration Approvals for Clarence Stream North Gold Project, Retains Mercator Geological Services

Exploration Programs Permits & Approvals

Red Lake Gold Inc. Receives Government Exploration

Approvals for Clarence Stream North Gold Project,

Retains Mercator Geological Services

Vancouver, British Columbia, July 28, 2020 – Red Lake Gold Inc. (CSE: RGLD)(FWB:P11)(“ Red

Lake Gold ” or the " Corporation") is pleased to report that it has received exploration work

authorizations from the Government of New Brunswick relating to its Clarence Stream North

Gold Project (see also Red Lake Gold news release dated July 27, 2020). The authorizations are

necessary for the Corporation and its subsidiary, Alma Gold Inc., to commence in-field gold

exploration at the Clarence Stream North Gold Project, full details of which are expected to be

announced and detailed shortly.

“We are pleased to have received the necessary work authorizations from the Government of

New Brunswick. These will enable field exploration adjacent to Galway Metals to commence in

short order. In addition, we continue to move our exploration planning forward at Red Lake Gold’s

principal and flagship Whirlwind Jack Gold Project near Red Lake, Ontario, as well as at our

Fenelon North Gold Project held by our subsidiary, Fenelon Gold Inc. I am also pleased to

announce the retention of Mercator Geological Services who will be performing our planned

exploration work this summer at the Clarence Stream North Gold Project. Their firm is located

within a geographic ‘travel bubble’ among New Brunswick and Nova Scotia which enables rapid

field-deployment otherwise delayed by COVID-19 protocols for geologists arriving from outside of

Atlantic Canada,” stated Ryan Kalt, Chief Executive Officer of Red Lake Gold.

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Retention of Mercator Geological Services Limited

The Corporation is also pleased to announce that it has retained Mercator Geological Services

Limited (“ Mercator”) of Halifax, Nova Scotia to operate a planned ground-based exploration

program at the Clarence Stream North Gold Project in southwest New Brunswick, Canada.

The Clarence Stream North Gold Project is situated north of and is immediately contiguous to the

Clarence Stream Gold Project being advanced by Galway Metals Inc. (“Galway Metals”), and

partially covers mineral rights over areas historically held by Galway Metals.

An map of the Clarence Stream North Gold Project may be found at:

https://www.redlakegold.ca/clarence_stream_north

On Behalf of the Board of Directors

Ryan Kalt

Chairman & Chief Executive Officer

Email: [email protected]

Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements address

future events and conditions and therefore, involve inherent risks and uncertainties. Actual

results may differ materially from those currently expected or forecast in such statements.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of

the CSE Exchange) accepts responsibility for the adequacy or accuracy of this release.