Mr. Lukas Lundin reports

LUNDIN GOLD ANNOUNCES APPOINTMENT OF NEW DIRECTOR

Lundin Gold Inc. has appointed Chantal Gosselin to the board of directors. The appointment is effective March 16, 2017, and expands the board to nine directors, six of whom are independent.

Ms. Gosselin brings over 25 years of combined experience in the mining industry and capital markets. Ms. Gosselin currently serves on the boards of a variety of Toronto Stock Exchange-listed companies in the natural resource sectors. Ms. Gosselin's exposure to the financial markets is extensive; she recently held positions as vice-president and portfolio manager at Goodman Investment Counsel and senior mining analyst at Sun Valley Gold LLP, along with various analyst positions earlier in her career. Ms. Gosselin has also held various mine site management positions in Canada, Peru and Nicaragua, giving her firsthand experience in underground mine development and production, which will bring valuable knowledge and insight to the company's board of directors. Ms. Gosselin has an MBA from Concordia University and a BSc (mining engineering) from Laval University and has completed the Institute of Corporate Directors program.

"Chantal is an excellent complement to our existing board, bringing demonstrated and relevant mining experience and in-depth knowledge of the natural resource capital markets. We believe her combined experience will further support our strategy to deliver value to our stakeholders through good governance, operational excellence and continued growth," commented Lundin Gold's chairman, Lukas Lundin.

About Lundin Gold Inc.

Lundin Gold owns the Fruta del Norte gold project, located in southeast Ecuador. FDN is one of the largest and highest-grade undeveloped gold projects in the world. The company is advancing FDN to realize the significant potential of this asset.

Lundin Gold is committed to addressing the challenge of sustainability -- delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities and minimizing its environmental footprint.