A Greener Future Through Resource Discovery SWLF: TSX.V Silver Wolf Exploration Ltd. T (604) 682 3701

A Greener Future Through Resource Discovery

SWLF: TSX.V

Silver Wolf Exploration Ltd. T (604) 682 3701

Suite 900-570 Granville Street F (604) 682 3600

Vancouver, BC V6C 3P1 www.silverwolfexploration.com

January 8, 2021

SILVER WOLF ANNOUNCES OPTION GRANT

VANCOUVER, B.C., January 8, 2021: Silver Wolf Exploration Ltd. (TSX-V: SWLF) (“Silver Wolf” or the “Company”

wishes to announce that it has granted incentive stock options for the purchase of 1,000,000 shares at

a price of $0. 20 per share exercisable on or before January 8, 2026 to directors, officers, consultants,

and employees of the Company. The options are subject to the Company’s stock option plan.

For further information please contact Silver Wolf Exploration Ltd. at ph. (604) 682 -3701 or visit our website at

www.silverwolfexploration.com.

ON BEHALF OF THE BOARD

"Peter Latta"

_________________________________

Peter Latta

President

Neither 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.

News Release