Mr. Allan Laboucan reports

ADVANCE GOLD RECOVERS HIGH-GRADE SILVER FROM UNDERGROUND SAMPLING AND STARTS DRILLING AT TABASQUENA SILVER MINE IN OJOCALIENTE, MEXICO

Advance Gold Corp. has released promising underground sampling results from its Tabasquena silver mine in Ojocaliente, Mexico. Follow-up drilling is now under way, with a first phase, which will be 500 metres of core drilling on two holes of 250 metres each. The goal of the drilling will be to get approximately 100 metres below the oxide zone of the main Tabasquena vein and into the La Nina vein beside it, well into the sulphide zone of these two epithermal veins.

Highlights of underground sampling:

• 18 underground samples taken at various depths from underground workings;
• Highest grades came from the deeper samples;
• Encouraging grades of up to 362 grams per tonne silver near surface;
• In deepest five samples, two are well over a half kilogram per tonne silver;
• Two highest-grade samples are 642 g/t and 656 g/t silver;
• Drilling under way.

Allan Barry Laboucan, president and chief executive officer of Advance Gold, commented: "It is evident from our underground sampling that we are hitting the ground running at our Tabasquena silver mine, which is a shadows-of-a-headframe project, located near the Milagros mine headframe 6.5 kilometres away. Using the old underground workings at Tabasquena, we were able to get in to take samples from various different levels in the oxidized zone. Highlights include that even in the oxide zone of the Tabasquena epithermal vein, we are seeing solid grades. This is not a surprise, as the historical mining by Penoles was confined to the oxide zone. One of the main goals of the sampling was to get deeper into the oxide zone and into the transition and sulphide zones. It is from those deeper samples we recovered the highest grades, with two samples of well over a half kilogram per tonne of silver. Our team is thrilled with these results and are happy to begin drilling into the sulphide zone of the Tabasquena and La Nina epithermal veins. There has been no historical mining or drilling into the sulphide zones of these veins."

Phase 1 drilling

Two holes are planned, each of 250 metres, using a core drilling rig. The holes will be angled holes, with a goal to intersect the veins well into the sulphide zone.

Historical work completed by Penoles included an IP (induced polarization) survey and underground mining. Although this information is historical in nature, it will be used by the company for drill hole selection. Along with the assistance of results from recent underground sampling.

The past underground mining will be of particular assistance as it maps out a good portion of the Tabasquena vein in the oxide zone. One of the two drill holes will be drilled below into the sulphide zones of the epithermal vein.

Beside the Tabasquena vein is the La Nina vein, where much less historical work has been done. The historical IP survey seems to pick up both veins and will be used to help in selecting drill hole locations.

Surface sampling at La Nina will also be completed prior to drilling to further assist in drill hole orientation.

Underground sampling details

A total of 18 samples were taken from various levels.

Channel samples were taken perpendicular to the vein strike, and samples of two kilometres were recovered and secured in sample bags under the supervision of the qualified person for the program. Samples were delivered to Laboratorio Metalurgico Courtade, in San Luis Potosi, Mexico, by the qualified person. Samples were assayed using fire assay for gold and silver, and atomic absorption for lead and zinc.

Julio Pinto Linares, PGeo, is the qualified person responsible for this release and has prepared, supervised and approved the preparation of the scientific and technical disclosure contained within the release.

About Advance Gold Corp.

Advance Gold is a TSX Venture Exchange-listed junior exploration company focused on acquiring and exploring mineral properties containing precious metals. The company has acquired a 100-per-cent interest in the Tabasquena silver mine in Zacatecas, Mexico, in 2017.

In addition, Advance Gold holds a 13.5-per-cent interest on strategic claims in the Liranda corridor in Kenya, East Africa. The remaining 86.5 per cent of the Kakamega project is held by Acacia Mining (63 per cent owned by Barrick Gold).

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