Stock Option Grant Slave Lake Zinc, "The Company" has granted stock options to a consultant of the company. The grant consists of 300,000 options with a $.10 strike price, expiring two years from the date of the grant. On Behalf of the company

September 16, 2020 Trading Symbol - CSE: SLZ

Stock Option Grant

Slave Lake Zinc, "The Company" has granted stock options to a consultant of the company. The grant

consists of 300,000 options with a $.10 strike price, expiring two years from the date of the grant.

On Behalf of the company

Ritch Wigham, CEO

Phone: 604-396-5762

Email: [email protected]

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or

accepted responsibility for the adequacy or accuracy of the content of this news release

Forward Looking Statement

Statements in this news release that are forward -looking statements are subject to various risks and

uncertainties concerning the specific factors disclosed here and elsewhere in both Slave Lake Zinc’s periodic

filings with Canadian securities regulators. When used in this news release, words such as "will", "plan",

"estimate", "expect", "intend", "potential", "should," and similar expressions, are forward -looking

statements. Information provided in this document is necessarily summarized and may not contain all

available material information. Forward -looking statements include, without limitation, statements

regarding the progress of a definitive offtake agreement, potential develo pment and production at the

Company’s O’Connor lake project, future oriented events and other statements that are not facts. Forward-

looking statements are based on a few assumptions and estimates that, while considered reasonable by

management based on the business and markets in which Slave Lake Zinc operates, are inherently subject

to significant operational, economic and competitive uncertainties and contingencies. Such forward -

looking statements should therefore be construed in light of such factors. A lthough Slave Lake Zinc has

attempted to identify important factors that could cause actual results, performance or achievements to

differ materially from those contained in the forward-looking statements, there can be other factors that

cause results, performance or achievements not to be as anticipated, estimated or intended. There can be

no assurance that such information will prove to be accurate or that management's expectations or

estimates of future developments, circumstances or results will materia lize. Accordingly, readers should

not place undue reliance on forward -looking statements. The forward -looking statements in this news

release are made as of the date of this news release, and Slave Lake Zinc disclaims any intention or

obligation to update or revise such information, except as required by applicable law, and Slave Lake Zinc

does not assume any liability for disclosure relating to any other company herein.