SOMA GOLD Announces the Addition of a New VP - Exploration

SOMA GOLD ANNOUNCES THE ADDITION OF

A NEW VP - EXPLORATION

VANCOUVER, BC

,

Oct. 20, 2022

/CNW/ -

Soma Gold Corp.

(TSXV: SOMA) (WKN: A2P4DU)

(OTC: SMAGF) (the "

Company

" or "

Soma

") is pleased to announce that it has appointed

Christopher Buchanan

, the Company's Vice-President - Exploration. Chris is a structural geologist

with over 24 years in the mineral exploration industry, including extensive experience with structurally

controlled gold-quartz vein systems.

Mr. Buchanan holds a Hons. B.Sc. (Geology) degree from the

University of Waterloo

and a M.Sc.

(Geology) degree from Memorial University. He is a registered Professional Geologist with the

Association of Engineers and Geoscientists of

Alberta

and is a Qualified Person as defined by NI

43-101.

Chris will lead the Company's team of exploration geologists in

Colombia

and will direct the planned

US

$10 million-dollar

, four-year exploration program on the Company's properties in Antioquia,

Colombia

. The Company's 29,000 Ha property follows the mineralized OTU fault in a North-South

trend, from the current mining operations at el Bagre in the north through to the southern border of

the property. This structural corridor continues south to Aris Mining's Segovia Complex, which

produces 200,000 ounces of gold per year. The exploration program anticipates further mapping,

soil and sediment sampling, geophysics and 20,000 meters of diamond drilling per year for the next

several years.

Javier Cordova

, President and CEO, states, "We are very pleased to be able to add a professional

of Chris' stature to our team. The property is highly mineralized but structurally complex, and Chris'

expertise in structural geology will be particularly useful as we continue to explore and unlock value

from our highly prospective land package."

The Company also announces that operations at the La Ye, Mangos and Cordero mines and at the

el Bagre mill have returned to full production after the two-week strike. Doré production has

recommenced. The Company is still on track to pay off the NG Gold Loan in full by the end of 2022.

ABOUT SOMA GOLD

Soma Gold Corp. (TSXV: SOMA) is a mining company focused on gold production and exploration.

The Company owns two adjacent mining properties in Antioquia,

Colombia

with a combined milling

capacity of 675 tpd. (Permitted for 1,400 tpd). The El Bagre Mill is currently operating and

producing. Internally generated funds are being used to finance a regional exploration program.

The Company also owns an exploration property near Tucuma, Para State,

Brazil

that is currently

under option to Ero Copper Corp.

On behalf of the Board of Directors

"Javier Cordova Unda"

Chief Executive Officer and President

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 release.

All statements, analysis and other information contained in this press release about anticipated

future events or results constitute forward-looking statements. Forward-looking statements are

often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan",

"estimate", "expect" and "intend" and statements that an event or result "may", "will", "should",

"could" or "might" occur or be achieved and other similar expressions. Forward-looking statements

are subject to business and economic risks and uncertainties and other factors that could cause

actual results of operations to differ materially from those contained in the forward-looking

statements. Forward-looking statements are based on estimates and opinions of management at the

date the statements are made. The Company does not undertake any obligation to update forward-

looking statements even if circumstances or management's estimates or opinions should change

except as required by applicable laws. Investors should not place undue reliance on forward-looking

statements.

SOURCE

Soma Gold Corp.

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For further information:

Andrea Laird, telephone: +1-604-259-0302

CO: Soma Gold Corp.

CNW 07:15e 20-OCT-22