Starr PEAK Announces Major Expansion of Drilling Program to 40,000 Metres ON Newmétal Property

STARR PEAK ANNOUNCES MAJOR EXPANSION OF DRILLING PROGRAM TO

40,000 METRES ON NEWMÉTAL PROPERTY

Vancouver, British Columbia – July 08, 2021 – Starr Peak Mining Ltd. ("Starr Peak" or

the "Company") (TSX-V:STE) (OTC:STRPF) is very pleased to announce another significant

expansion to its ongoing drilling campaign on its NewMétal property (“NewMétal ” or “ the

Property”), located in the Abitibi Greenstone Belt of Quebec near the town of Normétal. The

NewMétal project also includes the past -producing Normétal Mine, from which ~10.1M tonnes

of 2.15% Cu, 5.12% Zn, 0.549 g/t Au, and 45.25 g/t Ag were produced (Boivin, 1988).

Owing to significant results (see July 6, 2021 press release) in the Company’s drill holes

targeting Normetmar trend s in depth, Starr Peak announces an increase in its fully funded

drilling program from 20,000 to 40,000 metres on the NewMétal project.

Johnathan More, Chairman and CEO of Starr Peak commented, “ We are very excited by the

drilling results to date on the NewMétal project. The width and high grades of this massive

sulphide body are very encouraging. We are exploring to extend the 2021 discovered zones and

test possible new massive sulphide body repetitions on the NewMétal property.”

Drilling continues on the project targeting the deep new discovery zone below 600m vertical

depth and systematic drilling of the Normetmar Upper zone above 400m vertical depth. An

exploration plan of the prolific Normetmar -Normétal lithological contact within the property is

currently underway, taking into account 2021 new massive sulphide interceptions.

Figure 1: Longitudinal Section of the Normétal Past-Producing Mine and Normetmar Satellite

Deposit. Drilling targets represented by a red star. Historical Drill Intercepts area provided in

Zinc-Equivalent calculated using the formula in references. Abbreviation: Sp – Sphalerite, Cp –

Chalcopyrite, Gn – Galena, MS – Massive sulfides, SMS – Semi-massive sulfides (under 75%),

Tr – Traces, EOH – End of Hole.

Qualified Person

Alexis Paulin Bissonnette, Ing. (OIQ 5037621), an independent Qualified Person as defined by

Canadian NI 43- 101 standards, has reviewed and approved the geological information reported

in this news release. The drilling campaign and the quality control program have been planned

and supervised by Alexis Paulin Bissonnette. Core logging and sampling were completed by

Laurentia Explo ration. The quality assurance and quality control protocol include insertion of

one blank, one standard and one duplicate every 25 samples, in addition to the regular insertion

of blank, duplicate, and standard samples accredited by ALS Canada Ltd. during the analytical

process. Additionally, sample weight is taken prior shipment to validate sample identity. Gold

values are estimated by fire assay with finish by atomic absorption. Zinc, Copper and Silver

values are estimated by four acid digestion multi elements Inductively Coupled Plasma – Atomic

Emission Spectroscopy (ICP -AES), ME-ICP61. Zinc values over 1%, copper values over 1%

and silver values over 100 g/t are estimated by four acid digestion ICP-AES, OG62. Zinc values

over 30% are estimated by potentiometric titration, ZN -VOL50. The Qualified Person has not

completed sufficient work to verify the historic information on the Property, particularly in

regards to historical drill results. However, the Qualified Person believes that drilling and

analytical results were completed to industry standard practices. The information provides an

indication of the exploration potential of the Property but may not be representative of expected

results.

References and disclosures

Normétal historical Mine and Normetmar:

Summary Report, Normetmar Project, January 1988 by L. Boivin

*Metal Factor zinc equivalent formula: Zn_eq (%)* Core length

Zn_eq (%) = Zn(%) + [Cu(%) * Cu price (lb) / Zn price (lb)] + [Ag(%) * Ag price (oz) * 14,632

/ Zn price (lb) ] + [Au(%) * Au price (oz) * 14.632 / Zn price (lb)]

Zn_eq % based on US$: 1.1$/lb Zn, $3/lb Cu, $23/oz Ag, $1800/oz Au.

The information on the Longitudinal have not been validated otherwise than with the information

inside historical reports and cross sections. Exact location of historical drill hole pierce points on

the longitudinal may be different.

The Company wishes to caution that historical resources described above are historical. The

historic resources are relevant to give a ballpark estimate of the potential on the property.

Historical resources should not be relied upon. The key assumptions, parameters and methods

used to prepare the historical estimate is not known and thus the difference between the historic

estimates and NI 43 -101 compliant estimate s is also not known. The historical estimates used

categories other than the ones set up in sections 1.2 and 1.3 of National Instrument 43 -101,

Standards of Disclosure for Mineral Projects. A qualified person has not reviewed the historical

estimates and has not done sufficient work to classify the historical estimates as current mineral

resources and Starr Peak is not treating the historical estimates as current mineral resources

under National Instrument 43- 101 and CIM Standards for mineral resources and reserves.

Further exploration work needs to be done to correctly evaluate these historical resources.

Additionally, the methodology of calculation is unknown by the qualified person.

Grab samples are selective by nature and the values reported may not be representative of the

mineralized zone.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of

mineralization hosted on the Company’s property.

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

"Johnathan More"

Johnathan More

Chairman and Chief Executive Officer

About Starr Peak Mining Ltd.

Starr Peak Mining 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 gold deposits and

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

through mineral discoveries.

For more information please contact:

Johnathan More, Chairman & CEO

Tel: 646-661-0409

https://www.starrpeakminingltd.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that ter m 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 Offe ring. 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. Although such statements are based

on management's reas onable assumptions, Starr Peak 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 the 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 t hat 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 c ould differ materially from those currently anticipated 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 con tains "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 provisi ons

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

approved the contents of this press release.

SOURCE Starr Peak Mining Ltd.