SKRR Exploration Inc. Appoints Michael Murphy to Advisory Board

SKRR EXPLORATION INC. APPOINTS MICHAEL MURPHY TO ADVISORY BOARD

Vancouver, British Columbia – January 31, 2020: SKRR Exploration Inc. (“SKRR” or the “Company”)

(TSX-V: SKRR) announces the addition of Mr. Michael Murphy to the advisory board of the Company.

Sherman Dahl, CEO and Director comments that “Mr. Murphy is exactly the sort of independent advisor

SKRR is looking for. Shareholders should judge those that guide the companies they invest in based at what

they have accomplished and how they have treated shareholders in the past. Michael has an excellent track

record and is a great addition to the advisory board of SKRR Exploration.”

About Michael Murphy

Michael Murphy is the President and Chief Executive Officer of Redzone Resources Ltd., and President of

Woodman Capital Ltd., a private consulting company and director/ founder of Torex Gold Resources Inc.

Mr. Murphy previously spent 15 years working in institutional e quities in London, with Merrill Lynch,

Donaldson, Lufkin & Jenrette and Credit Suisse, where he managed the hedge fund coverage team. Mr.

Murphy graduated from the University of British Columbia with a Bachelor of Arts, from the London School

of Economics and Political Science with a Master of Science in Finance, and from Saint Mary’s University

with a Master of Business Administration and a certified director, Institute of Corporate Directors.

About Torex Gold Resources Inc.

Torex is an intermediate gold producer based in Canada, engaged in the exploration, development, and

operation of its 100% owned Morelos Gold Property, an area of 29,000 hectares in the highly prospective

Guerrero Gold Belt located 180 kilometres southwest of Mexico City. The Company’s principal assets are

the El Limón Guajes mining complex, comprising the El Limón, Guajes and El Limón Sur open pits, the El

Limón Guajes underground mine including zones referred to as Sub-Sill and ELD, and the processing plant

and related infrastructure, which is in the commercial production stage as of April 1, 2016, and the Media

Luna deposit, which is an early stage development project, and for which Torex issued an updated

preliminary economic assessment in September 2018. The property remains 75% unexplored.

About SKRR Exploration Inc.: SKRR Exploration Inc. is a mineral exploration company focused on the

acquisition, exploration and development of mineral resource properties. The Company has an option to

acquire up to 75% interest and title to the Olson Gold Project located in the La Ronge, Saskatchewan.

ON BEHALF OF THE BOARD

Sherman Dahl

President & CEO

Tel: 250-558-8340

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 news

release.

Cautionary Statement Regarding Forward Looking Information

This news release includes certain statements that constitute “forward -looking information or state ments” within the

meaning of applicable securities law, including without limitation, SKRR’s plans for its properties/projects, other statements

relating to the technical, financial and business prospects of SKRR, and other matters.

Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates

and assumptions. These statements relate to analyses and other information that are based on forecasts of future results,

estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve

discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future

events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is

expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events

or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved), and variations of such

words, and similar expressions are not statements of historical fact and may be forward -looking statements. Forward-

looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results,

performances or achievements of SKRR to be materially different from future resul ts, performances or achievements

express or implied by such statements. Such statements and information are based on numerous assumptions regarding

present and future business strategies and the environment in which SKRR will operate in the future, including the price

of metals and other commodities, anticipated costs and the ability to achieve goals, that general business and economic

conditions will not change in a material adverse manner, that financing will be available if and when needed and on

reasonable terms, and that third party contractors, equipment and supplies and governmental and other approvals

required to conduct SKRR’s planned exploration activities will be available on reasonable terms and in a timely manner.

While such estimates and assump tions are considered reasonable by the management of SKRR , they are inherently

subject to significant business, economic, competitive and regulatory uncertainties and risks.

Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level of

activity, performance or results to differ materially from those reflected in the forward -looking statements, including,

without limitation: (i) risks related to gold, and other commodity price fluctuations; (ii) risks and uncertainties relating

to the interpretation of exploration results; (iii) risks related to the inherent uncertainty of exploration and cost estimates

and the potential for unexpected costs and expenses; (iv) that resource exploration and development is a speculative

business; (v) that SKRR may lose or abandon its property interests or may fail to receive necessary licences and

permits; (vi) that environmental laws and regulations may become more onerous; (vii) that SKRR may not be able to

raise additional funds when necessary; (viii) the possibility that future exploration, development or mining results will

not be consistent with SKRR’s expectations; (ix) exploration and development risks, including risks related to accidents,

equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration and

development; (x) competition; (xi) the potential for delays in exploration or d evelopment activities or the completion

of geologic reports or studies; (xii) the uncertainty of profitability based upon SKRR ’s history of losses; (xiii) risks

related to environmental regulation and liability; (xiv) risks associated with failure to maintain community acceptance,

agreements and permissions (generally referred to as “social licence”), including local First Nations; (xv) risks relating

to obtaining and maintaining all necessary government permits, approvals and authorizations relating to the continued

exploration and development of SKRR’s projects; (xvi) risks related to the outcome of legal actions; (xvii) political and

regulatory risks associated with mining and exploration; (xix) risks related to current global financial conditions; and

(xx) other risks and uncertainties related to SKRR’s prospects, properties and business strategy. These risks, as well as

others, could cause actual results and events to vary significantly.

Factors that could cause actual results to differ materially from those in forward looking statements include, but are not

limited to, continued availability of capital and financing and general economic, market or business conditions, the loss

of key directors, employees, advisors or consultants, adverse weather conditions, increase in costs, equipment failures,

litigation, failure of counterparties to perform their contractual obligations and fees charged by service providers.

Investors are cautioned that forward -looking statements are not guarantees of future performance or events and,

accordingly are cautioned not to put undue reliance on forward- looking statements due to the inherent uncertainty of

such statements. The forward-looking statements included in this news release are made as of the date hereof and SKRR

disclaims any intention or obligation to update or revise any forward -looking statements, whether as a result of new

information, future events or otherwise, except as expressly required by applicable securities legislation.