Mr. Jean Rainville reports

FOKUS MINING CORPORATION FILES NI 43-101 TECHNICAL REPORT FOR THE GALLOWAY PROJECT

Fokus Mining Corp. has filed an independent National Instrument 43-101 (Standards of Disclosure for Mineral Projects) compliant technical report in support of the mineral resource estimate for the Galloway gold project located in Quebec.

The technical report is entitled "NI 43-101 Technical Report and Mineral Resource Estimate for the Galloway Project, Quebec, Canada", dated May 7, 2023 with an effective date of March 21, 2023 (the "Technical Report") and was prepared for the Company by InnovExplo Inc. and Soutex Inc. and is available under the Company's profile on SEDAR at www.sedar.com and will also be available on the Company's website at www.fokusmining.com.

As outlined in the Technical Report and as reported in the Company's press release dated March 23, 2023, and filed on SEDAR on that date, using the potential underground bulk mining scenario with a 0.90 g/t Au cut-off grade, the Galloway gold project contains an estimated Inferred Mineral Resource of 41,195,000 tonnes grading 1.07 g/t Au for 1,419,600 ounces of gold.

A sensitivity analysis was performed on the MRE to assess the variability to gold prices and found that the MRE has upside potential to higher gold prices while retaining over a million ounces at lower gold prices.

The Technical Report was prepared by Alain Carrier, P.Geo., Olivier Vadnais-Leblanc, P. Geo. and Marc R. Beauvais, P.Eng. from InnovExplo Inc, and David Le Tourneux, P.Eng., from Soutex. Messrs. Vadnais-Leblanc, Beauvais and Le Tourneux have reviewed and approved the technical contents of this press release as it relates to the Technical Report, including the 2023 MRE.

Gilles Laverdiere, P.Geo, a director of the Company, a Qualified Person under NI 43-101 has also reviewed the technical contents of this press release and has approved the disclosure of the technical information contained herein.

About Fokus

Fokus Mining Corporation is a mineral resource company actively acquiring and exploring precious metal deposits located in the province of Quebec, Canada. In implementing this major undertaking within the Canadian mining industry, we are determined to unlock the secret of the Galloway gold project.

The Galloway gold project covers an area of 2865.54 hectares and is located just north of the Cadillac-Larder Lake deformation which extends laterally for more than 100 km. Numerous gold deposits are related to that structure and its subsidiaries. The current work focuses on a small western portion of the mining claims where several mineral occurrences have been identified. For more information, visit our website: fokusmining.com.

We seek Safe Harbor.