Mr. Tim Swendseid reports

ELEVATION GOLD ANNOUNCES APPOINTMENT OF ALAN EDWARDS AS DIRECTOR

Elevation Gold Mining Corp. has appointed Alan Edwards to the board of directors of the company, effective July 20, 2023.

Mr. Edwards has more than 40 years of diverse mining industry experience, including various executive and director roles. He is currently the President of AE Resources Corp. and is a member of the board of directors for Entree Resources Ltd., where he is Chairman of the Board, Americas Gold and Silver Corporation (Chairman of the Sustainability & Technical Committee), and Arizona Sonoran Copper Company Inc. (Chairman of the Technical and Sustainability Committee). Mr. Edwards was formerly a director and Chairman of the board of directors of AuRico Gold Inc., AQM Copper Inc., Oracle Mining Corp. (where he was also the Chief Executive Officer), Rise Gold Corp., and a director of Orvana Minerals Corp. His extensive operating experience includes positions of President and Chief Executive Officer of Copper One Inc. and Frontera Copper Corp., COO of Apex Silver Mines Corp., and executive positions at Kinross Gold Corp., P.T. Freeport Indonesia, Cyprus Amax Minerals Company and Phelps Dodge Mining Company. Mr. Edwards holds an MBA (Finance) from the University of Arizona and a B.S. Mining Engineering also from the University of Arizona.

Douglas Hurst, Chairman of the Company stated, "I am very excited and pleased to welcome Alan Edwards to the Board of Directors of Elevation Gold. His extensive knowledge and experience in the mining industry will further strengthen the team and contribute to the improvement of our operations and support the growth of the Company."

Stock Option Grant

The Company reports that stock options have been granted to directors, officers, and employees of the Company to purchase up to an aggregate of 300,000 common shares at a price of C$0.18 per share for a period of five years.

ON BEHALF OF THE BOARD OF DIRECTORS

"Tim J. Swendseid"

Tim J. Swendseid, CEO of Elevation Gold Mining Corporation

About Elevation Gold Mining Corporation

Elevation Gold is a publicly listed gold and silver producer, engaged in the acquisition, exploration, development and operation of mineral properties located in the United States. Elevation Gold's common shares are listed on the TSX Venture Exchange ("TSXV") in Canada under the ticker symbol ELVT and on the OTCQX in the United States under the ticker symbol EVGDF. The Company's principal operation is the 100% owned Moss Mine in the Mohave County of Arizona. Elevation also holds the title to the Hercules exploration property, located in Lyon County, Nevada.

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