Tres-OR Announces Guigues Kimberlite Pipe Drill Core is at the LAB and Completion of a Flow Through Private Placement

Tres-Or Head Office: 1934 - 131 Street | White Rock, B.C. | Canada V4A 7R7

Tel: 604-541-8376 | Fax: 604-541-8926 | www.tres-or.com

NEWS RELEASE

TRES-OR ANNOUNCES GUIGUES KIMBERLITE PIPE DRILL CORE IS AT THE LAB AND

COMPLETION OF A FLOW THROUGH PRIVATE PLACEMENT

Vancouver, B.C. – May 26, 2020 - Tres-Or Resources Ltd. (Tres -Or or the “ Company”) (TSXV:

TRS, OTCPK: TRSFF) announces that samples of drill core from the Guigues Kimberlite Pipe on

the Company’s Notre Dame du Nord Diamond Project in southwestern Quebec (the “Property”)

have arrived at CF Mineral Research Ltd., an ISO 9001: 2015 certified and compliant laboratory.

Tres-Or is also pleased to announce the closing of its flow -through private placement for

$150,000, part of which proceeds will be used for the microdiamond analyses of the Guigues

Kimberlite core.

The Company’s December 2019 drilling program on the Property has successfully provided the

samples for modern microdiamond testing to evaluate the potential of the Guigues Kimberlite to

carry diamonds. Tres-Or completed 5 HQ core drill holes from two set -ups totaling 1,432 m.

Each of the 5 completed holes intersected kim berlite, and the two vertical holes ended in

kimberlite at 300 metres.

The Guigues Kimberlite’s highly encouraging indicator mineral chemistry is closely similar to De

Beers’ Victor Diamond Mine . Tres-Or was first attracted to Guigues by its favourabl e diamond-

associated eclogite garnets, and more recently by Dr. Charles Fipke’s recognition of numerous

garnets with compositions similar to lherzolite diamon d inclusions (which are the most common

among diamond inclusions at the Victor Mine), using his proprietary indicator mineral

classification system (as described in the Company’s news release of December 9, 2019 and

January 30, 2020).

Note that a lthough the indicator mineral chemistry is closely similar to the Victor Diamond Mine,

that does not mean that the Guigues Kimberlite will necessarily host diamonds.

Tres-Or will report the microdiamond sample results as soon as they are available.

For further information, please see Tres -Or’s 2020 PDAC investor presentation on the Guigues

Kimberlite Pipe – Opportunity for Discovery on its website’s landing page (www.tres-or.com).

Flow-Through Private Placement

Tres-Or has closed a private placement of 1,500,000 flow-through units (the “FT Units”) at a price

of $0.10 per FT Unit, for total proceeds of $150,000 (the “Offering”).

Each FT Unit consists of one flow -through common share (a “ FT Share ”) and one -half of one

common share purchase warrant. Each whole warrant (a “ FT Warrant ”) entitles the holder to

purchase one non -flow-through common share of the Company for a period of 24 months from

the date of issue at a price of $0.15 per share. The FT Shares entitle the holder to receive the tax

benefits applicable to flow -through shares, in accordance with provisions of the Income Tax Act

(Canada).

The gross proceeds from the issuance of FT Shares will be used solely for Canadian Exploration

Expenses (“CEE”) that are “flow -through mining expenditures” (as such terms are defined in the

Income Tax Act (Canada)) on the Property.

Tres-Or Head Office: 1934 - 131 Street | White Rock, B.C. | Canada V4A 7R7

Tel: 604-541-8376 | Fax: 604-541-8926 | www.tres-or.com

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All securities iss ued under the Offering are subject to a statutory hold period ending

September 27, 2020 in accordance with applicable Canadian securities laws.

Qualified Person

Disclosure of a scientific or technical nature related to the Company’s projects and exploration

activities in this news release was prepared under the supervision of Dr. Harrison O. Cookenboo,

B.Sc., M.Sc., Ph.D., P.Geo., acting as the Company’s independent Qual ified Person (as such

term is defined in National Instrument 43-101).

About Tres-Or Resources Ltd.

Tres-Or Resources Ltd. (TSXV: TRS) is a Canadian resource company focused on exploring for

diamond resources in the Témiscamingue region of Québec. The Co mpany also has exposure to

certain gold projects in the Abitibi region of Québec that have been optioned to Kiboko

Exploration Inc. Additional information related to the Company is available on SEDAR and on the

Company’s website (www.tres-or.com).

On behalf of the Board of Directors

“Laura Lee Duffett”

Laura Lee Duffett, P.Geo.

President and CEO

For further information:

Laura Lee Duffett, President & CEO: +1 (604) 541-8376 – [email protected]

Website: www.tres-or.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the

adequacy of accuracy of this news release.