Mr. John Anderson reports

PARALLEL MINING RECEIVES ASSAYS FROM DRILLING AT MANE II

Parallel Mining Corp. has received assay results from the recent drilling program designed to test one of the areas of Mane II, the company's 163-square-kilometre, optioned concession in the Kaya-Goran greenstone belt in central Burkina Faso, approximately 20 kilometres south of Nordgold's Bissa gold mine.

In total, 732 metres in 10 reverse-circulation holes were drilled in the southwestern part of the property to test whether high-grade gold mineralization at surface extends at depth. Historical results from artisanal reject material, sampled and reported by High River Gold, include gold grades of 20.0 grams per tonne and 11.2 g/t. In 2017, Parallel Mining conducted a small grab sample program (27 samples) on the artisanal reject material, and results included 16.7 g/t, 12.5 g/t, 7.9 g/t, 6.3 g/t and 6.0 g/t.

The quartz vein being exploited by the artisanal workers was hosted in a felsic intrusive (granite), and evidence of this veining was noted in most of the drill holes although gold values fluctuated. Significant values from this drilling are shown in the attached table.

Hole No.  Azimuth    Dip    From (m)    To (m)    Interval (m)     Au grade (g/t)
 
MRC18-001     360    -50       79.0      82.0             3.0                1.6
incl.                          81.0      82.0             1.0               4.61
MRC18-002     360    -50       41.0      44.0             3.0               2.00
incl.                          41.0      42.0             1.0               4.59
MRC18-006     180    -50       91.0      95.0             4.0               2.97
incl.                          93.0      94.0             1.0               7.98
MRC18-007     360    -50       28.0      30.0             2.0               8.63
MRC18-008     360    -50       26.0      27.0             1.0               1.33

(1) From cross-sectional analysis, it is estimated that the true widths approximate 
    75 per cent of reported widths.

Mane II has several other artisanal workings with high gold values detected in surface sampling which remain untested by drilling. These areas are under review as targets for future work on Mane II.

"We are excited by the hit ratio of the drill holes in this program. This is still early exploration for Parallel on the Mane II property, so seeing the continued evidence of gold like this is exceptionally encouraging," commented John Anderson, president and chief executive officer. "We look forward to doing further work on this concession, both at this target and at the other zones of interest."

Qualified person

Julia Singh, PGeo, an independent qualified person under National Instrument 43-101, has reviewed and approved the technical data and contents of this release. Samples obtained during core drilling were transported directly to Actlabs in Ouagadougou (a fully accredited laboratory), Burkina Faso, by Parallel Mining personnel for sample preparation. Samples were sorted, dried, crushed and prepped for final chemical analysis using ICP-MS and fire assay methods. Standards, blanks and duplicates were inserted regularly into the sample stream.

We seek Safe Harbor.