Iceland Exploration Logistical Update

Iceland Exploration Logistical Update

-FOR IMMEDIATE RELEASE-

Rekjavik, July 5, 2020 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is

pleased to provi de additional in formation on the operational status of its exploration efforts currently

underway in Iceland.

Surface Sampling

Through the use of live remote communication technology, the Company’s senior geologists will now be

able to exchange information in real ti me with contracted local geologist on the ground for the mapping

and surface sampling campaign planned to start in the first part of the month of July on multiple locations

across the island. Results from this campaign should be known later in August as capacity to ship material

to laboratories has resumed.

Shallow Drilling

The Icelandic Government ha s significantly restricted entry into the country from North Amer ica due to

the Covid-19 pandemic. This has forced the company to source out equipment and contractors from other

countries. The company is finalising the lo gistical planning to have a shallow drilling rig operating on 2

targets sites for gold exploration between the end of July to the middle of august. The plan is to drill up

to 1,000 meters or up to 2 5 new shallow holes on the Thor Gold project an d prepare drill holes from the

latest campaign to undergo down -hole geophysical while diamond drilling logistical paperwork is being

finalised. A resulting 3D model will be us ed to establish an improved grid for a more significant phase I

diamond drilling campaign to start in late summer with up 15,000 meters of core expected.

The company is also initiating talk with surface landowners on other projects to get l ogistical

authorisation for shallow surface drilling on 2 other sites independent of the Thor Project that have

noticeable historical targets for gold exploration.

ON BEHALF OF THE BOARD OF DIRECTORS

“Vilhjalmur T. Vilhjalmsson”

VILHJALMUR THOR VILHJALMSSON

President & CEO

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmen tal problems in the mining

industry. The Company controls all the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project &

the Manicouagan Palladium Project on Quebec's North Shore and for lithium and rare metals in Nort hern Quebec and in the

Abitibi region. Headquartered in Montreal, St -Georges' stock is listed on the CSE under the symbol SX, on the US OTC under

the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1

The Canadian Securities Exchange (C SE) has not reviewed and does not accept responsibility for the adequacy or the accuracy

of the contents of this release.