Mr. Larry Nagy reports

DAMARA ANNOUNCES COMPLETION OF FINAL DRILL CORE SAMPLE SHIPMENT

Damara Gold Corp.'s final shipment of drill core samples from its 2021 drill program on its Placer Mountain project south of Princeton, B.C., has now been received by MSALABS in Langley, B.C. Sample shipments were prepared in batches, with the first shipment made in mid-December. Assays for the initial shipment are expected to be received in the near future, while results for the remaining samples are expected to be received before the end of February. Core cutting and sampling were briefly delayed due to a rare flooding event in the local town of Princeton, which is not expected to materially impact the company's exploration activities going forward. A total of 1,061 metres were drilled from 10 holes at the Main zone and 709 metres were drilled in eight holes at the new Kodiak zone, for a total of 1,770 metres of drilling in 18 holes on the property.

For more information on the company's recently completed 2021 drill program, please see the company's Dec. 22, 2021, news release.

Larry Nagy, chief executive officer, commented, "We are pleased to have completed our final drill core sample shipment to MSALABS, as we eagerly await the results of this year's program and look to plan our exploration activities for 2022."

Qualified person

Dr. Gerald G. Carlson, PhD, PEng, technical adviser to the company, is the qualified person as defined by National Instrument 43-101, who has reviewed and approved the technical data in this report.

About Damara Gold Corp.

Damara Gold is a TSX Venture Exchange-listed mineral exploration company actively focused on the exploration of the Placer Mountain gold property, located in Princeton, B.C., held by 75-per-cent/25-per-cent joint venture with Universal Copper Ltd. Damara's board of directors is seasoned in the mineral exploration industry with extensive and successful international experience.

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