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SVG.V ·

New Mineralized Structure Found on Fiji Property

Exploration Programs

SILVER GRAIL RESOURCES LTD.

2130 Crescent Road

Victoria, BC V8S 2H3

Phone: (778) 430-5680

Website: www.silvergrail.com

New Mineralized Structure Found on Fiji Property

August 19, 2019--Vancouver, BC: Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”-TSX-

V), is pleased to report the discovery of a new mineralized structure on its Fiji property located in the

Golden Triangle region of north-western British Columbia.

A recently completed helicopter survey of the northern part of the Fiji property has disclosed a

mineralized structure which can be followed uphill for at least 300m before disappearing under a

blanket of snow and ice ( http://teuton.com/fijivideo). This new zone was not previously observed

and appears to have been exposed by retreating icefields. Samples have been taken and sent for assay.

Permitting for the Fiji project is in place. If results of the sampling are positive and weather conditions

allow, the property will be drilled this year.

Silver Grail owns the Fiji property jointly with Teuton Resources Corp. The property abuts to the

west and northwest of Auryn’s Homestake gold -silver property and is about 2 8 km southeast of the

deepwater port of Stewart, BC. Prospecting by Silver Grail -Teuton personnel in 2006 identified two

promising zones of high-grade, gold-bearing mineralization in an area lying just west of the common

border with the Homestake Ridge property.

The Qualified Person for this news release is Dino Cremonese, P.Eng., who as President of Silver

Grail is not independent of the Company.

About Silver Grail

Silver Grail owns interests in 12 separate silver -gold properties in the Stewart region in the southern

section of the Golden Triangle as well as three cobalt prospects located elsewhere in British Columbia.

Respectfully:

“Dino Cremonese, P.Eng.”

President, Silver Grail Resources Ltd.

For more information contact Investor Relations at 778-430-5680 or [email protected]. If you would

like to be added to Silver Grail’s news distribution list, please send your email address to

[email protected].

This news release includes certain forward -looking statements concerning the future performance of our business, its

operations and its financial performance and condition, as well as management’s objectives, strategies, b eliefs and

intentions. Forward -looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”,

“anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are

based on the current opinions and expectations of management. All forward -looking information is inherently uncertain

and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and

development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail

in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those

projected in the forward looking-statements and we caution against placing undue reliance thereon. Silver Grail Resources

Ltd. does have an ongoing obligation to disclose material information, as it becomes available.

The TSX Venture Exchange has neither approved nor disapproved the

information contained herein.