Starr PEAK Acquires Newmétal Property, Contiguous with AMEX Exploration’S Perron Property and Past-Producing Normétal MINE IN Quebec

STARR PEAK ACQUIRES NEWMÉTAL PROPERTY, CONTIGUOUS WITH AMEX

EXPLORATION’S PERRON PROPERTY AND PAST-PRODUCING NORMÉTAL MINE

IN QUEBEC

VANCOUVER, Canada – June 13, 2019 – Starr Peak Exploration Ltd. (“ Starr Peak ” or the

“Company”) (TSX-V: STE) is very pleased to announce it has acquired a priority land package in

northwestern Quebec, directly east of Amex Exploration Inc.’s (“Amex Exploration” ) (AMX: TSX-

V; OTCQX: AMXEF; FRA: MX0) Perron Property and proximal to the past- producing Normétal

Mine. The newly acquired NewMétal Property (“NewMétal” or the “Property”) consists of 53

mineral claims covering 1, 420 hectares of highly prospective ground for orogenic gold and

polymetallic VMS style mineralization in a region well- known for its gold occurrences and

historical production . The Company plans to complete an initial program of prospecting,

geological mapping, and high -resolution drone geophysics in order to prepare for an inaugural

drilling campaign.

The NewMétal Property is located in the Abitibi Greenstone Belt of Quebec, along the Chicobi

Deformation Zone. The Property is directly adjacent to Amex Exploration Inc.’s Perron Property,

from which recently announced drill results include 32.2 g/t Au over 5.90 metres and 30.98 g/t

Au over 8. 50 metres (see Amex Exploration news releases dated May 21 st and June 3 rd, 2019),

and proximal to the past- producing Normétal Mine, from which approximately 10.1 million

tonnes grading 2.24% Cu, 5.41% Zn, 0.526 g/t Au, and 44.45 g/t Ag were extracted perio dically

between 1937 and 1975, with development down to a depth of approximately 2.4 km (SIGEOM

- Mine Normétal).

Figure 1: Regional Geology of the Abitibi Greenstone Belt with respect to Starr Peak’s

NewMétal Property. Source: Amex Exploration. (Note: the total ounces /tonnes noted for each mining

camp has not been independently verified by the QP)

The Company’s NewMétal Property in underlain by favourable geology consisting of rhyolite

and mafic volcanic rocks, as well as diabase dikes and granitic intrusions . Further, the Property

straddles a section of the Normetal Fault, a major structural corridor associated with significant

polymetallic occurrences along strike from the Property , most notably, the past producing

Normétal Mine.

Quebec’s SIGEOM database notes two historical mineral showings present on the Property ;

Rang I-Lots 44-57 and Perron-Desmeloizes-Nord. The Rang I-Lots 44-57 Showing was discovered

by diamond drilling in 1966 with 0.02% Cu and 2.38% Zn over 0.15 metres reported (Sondage 1-

66). A sample of 1.02 g/t Au over 0.3 metres was also reported from a drill hole completed in

1993 in the same area (Sondage 93-05). The Perron-Desmeloizes-Nord Showing was discovered

1952 and reported as a select surface sample of 14.5 g/t Au associated with pyrite and

pyrrhotite in volcanic rocks.

The Company intends to complete an initial summer exploration program c onsisting of

geological mapping, prospecting, historical drill core re-logging and re-sampling, as well as high-

resolution drone geophysics in order to identify drill targets for its inaugural drilling campaign.

Thomas Kennedy, CEO of Starr Peak commented, “The acquisition of the NewMétal Property is

a fantastic addition to the Starr Peak portfolio. The drilling success of Amex Exploration over the

past six months , on its adjacent Perron Property , has identified a significant high-grade gold

area which we believe is in its infancy and emphasizes the potential of the Company’s NewMétal

Property located immediately adjacent.”

Figure 2: Regional Geological Map of the NewMétal Property with respect to Amex

Exploration’s Perron Property and the past producing Normétal Mine

Management cautions that past results or discoveries on adjacent properties (i.e. Perron,

Normétal Mine) may not necessarily be indicative to the presence of mineralization on the

Company’s properties (i.e. NewMétal).

Terms of the Agreement

As per the terms of the Agreement, the Company may earn a 100% interest in the NewMétal

Property through the issuance of a $105,000 CAD cash payment and 1% Net Smelter Royalty

(NSR) to the Vendor . The transaction remains subject to the approval of the TSX Venture

Exchange.

NI 43-101 Disclosure

Darren L. Smith, M.Sc., P.Geo., Dahrouge Geological Consulting Ltd., a Permit holder with the

Ordre des Géologues du Québec and Qualified Person as defined by National Instrument 43 -

101, supervised the preparation of the technical information in this news release.

On Behalf of the Board of Directors of Starr Peak Exploration Ltd.,

“Thomas Kennedy”

Thomas Kennedy

Chief Executive Officer

About Starr Peak

Starr Peak Exploration Ltd. is a Canadian based mineral exploration company focused on the

acquisition and exploration of precious and base metal mineral deposits. The primary objective

of the Company is to acquire, explore and develop high potential and quality g old deposits and

projects in the Americas. The C ompany is committed to create long term shareholder value

through mineral discoveries.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the

content of this news release.

No securities regulatory authority has either approved or disapproved of the contents of this

news release. The securities being offered have not been, and will not be , registered under the

United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state

securities laws, and may not be offered or sold in the United States, or to, or for the account or

benefit of, a "U.S. person" (as defined in Regulation S of the U.S. Securities Act) unless pursuant

to an exemption therefrom. This press release is for information purposes only and does not

constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any

jurisdiction.

Cautionary Note Regarding Forward-Looking Information:

This press release contains forward -looking information based on current expectations,

including the use of funds raised under the Offering. These statements should not be read as

guarantees of future performance or results. Such statements involve known and unknown risks,

uncertainties and other factors that may cause actual results, performance or achievements to

be materially different from those implied by such statements. Altho ugh such statements are

based on management's reasonable assumptions, Power Metals assumes no responsibility to

update or revise forward -looking information to reflect new events or circumstances unless

required by law.

Although the Company believes that t he expectations and assumptions on which the forward-

looking statements are based are reasonable, undue reliance should not be placed on the

forward-looking statements because the Company can give no assurance that they will prove to

be correct. Since forward-looking statements address future events and conditions, by their very

nature they involve inherent risks and uncertainties. These statements speak only as of the date

of this press release. Actual results could differ materially from those currently a nticipated due

to several factors and risks including various risk factors discussed in the Company's disclosure

documents which can be found under the Company's profile on www.sedar.com.

This press release contains "forward-looking statements" within the meaning of Section 27A of

the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as

amended and such forward-looking statements are made pursuant to the safe harbor provisions

of the Private Securities Litigation Reform Act of 1995. The TSXV has neither reviewed nor

approved the contents of this press release.