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Golden Opportunity Resources Grants Stock Options to Directors and Consultants

Share Capital & Compensation

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES

GOLDEN OPPORTUNITY RESOURCES CORP.

Suite 830 – 1100 Melville Street

Vancouver, British Columbia V6E 4A6

Golden Opportunity Resources Grants Stock Options to Directors and Consultants

Vancouver, British Columbia, January 24, 2020: Golden Opportunity Resources Corp. (the

"Company" or "Golden Opportunity") (CSE: GOOP) is pleased to announce that it has today

granted an aggregate of 833,100 incentive share purchase options to directors and consultants at

an exercise price of $0.15 per common share with a have a term of five years expiring on January

24, 2025.

About Golden Opportunity Resources Corp.

Golden Opportunity is engaged in the business of mineral exploration and the acquisition of

mineral property assets in Canada. Its objective is to locate and develop economic precious and 2

base metal properties of merit and to conduct its exploration program on the Maple Bay Project,

located approximately 60 kilometres south of the town of Stewart in the Skeena Mining Division,

British Columbia.

On Behalf of the Board of Directors

Keith Anderson

Chief Executive Officer, Director

For further information, please contact:

Keith Anderson

Chief Executive Officer, Director

(604) 786-7774

Forward-Looking Statements:

This news release includes certain forward-looking statements and forward-looking information (collectively,

"forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other

than statements of historical fact, included herein including, without limitation, statements regarding future capital

expenditures, anticipated content, commencement, and cost of exploration programs in respect of the Company's

projects and mineral properties, anticipated exploration program results from exploration activities, resources and/or

reserves on the Company's projects and mineral properties, and the anticipated business plans and timing of future

activities of the Company, are forward-looking statements. Although the Company believes that such statements are

reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward

looking information can be identified by words such as "pro forma", "plans", "expects", "will", "may", "should",

"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such

words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could,

would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks,

uncertainties and other factors which may cause the actual results, performance or achievements of the Company to

differ materially from any future results, performance or achievements expressed or implied by the forward-looking

statements. Such risks and other factors include, among others, statements as to the anticipated business plans and

timing of future activities of the Company, including the Company's option to acquire the Maple Bay Project, the

proposed expenditures for exploration work thereon, the ability of the Company to obtain sufficient financing to fund

its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the Canadian

Securities Exchange), permits or financing, changes in laws, regulations and policies affecting mining operations, the

Company's limited operating history, currency fluctuations, title disputes or claims, environmental issues and

liabilities, as well as those factors discussed under the heading "Risk Factors" in the Company's prospectus dated

August 30, 2019 and other filings of the Company with the Canadian Securities Authorities, copies of which can be

found under the Company's profile on the SEDAR website at www.sedar.com.

Readers are cautioned not to place undue reliance on forward -looking statements. The Company undertakes no

obligation to update any of the forward-looking statements in this presentation or incorporated by reference herein,

except as otherwise required by law.