Mr. Jean Rainville reports

FOKUS MINING BEGINS ITS WINTER DRILLING PROGRAM ON THE GALLOWAY PROJECT

Fokus Mining Corp. began its winter drilling program on the Galloway project in the Abitibi region last week. This campaign will be entirely devoted to drilling, with a minimum of 1,500 metres planned. As indicated in the press release of Sept. 6, 2023, the first series of holes is being completed on the Moriss zone for a total of around 950 metres, with six shallow holes, designed to validate a possible north-south gold system. Several holes had already intersected high gold values in this sector and an initial National Instrument 43-101 compliant resource estimate for Moriss was released earlier in 2023: 514,000 tonnes grading 2.74 grams per tonne gold. The program will also include a series of holes in the Fayolle sector located northeast of Moriss.

Jean Rainville, president and chief executive officer of Fokus, stated, "Having reviewed the data, we believe it is worth continuing our efforts at Moriss and additional funds will be allocated to Fayolle in the short term to complete our minimum target of 1,500 metres in this campaign."

In other news, Fokus states that the sponsorship contract that the company had signed with RocksAndStocksNews, a private company based in Mexico and headed by Allan Laboucan, expired on Oct. 17, 2023. The contract with this on-line precious metals and mining stocks portal, worth $15,000, had been paid in full at the beginning of the period, and, therefore, no shares or options were given as additional compensation.

The company has also just entered into a one-month sponsorship agreement with Gold Investment Letter, a Miami-based private entity, for cash consideration of $50,000. No shares or options will be issued as part of compensation.

Mr. Rainville concluded: "Our efforts on Moriss are aimed at improving the initial NI 43-101 estimate, and we are confident that this new drilling program will provide us with additional valuable information on this zone. We are also now also initiating an exploration effort on the Fayolle sector with a series of drill holes."

Qualified person

The scientific and technical disclosure for Fokus included in this news release have been reviewed and approved by Gilles Laverdiere, PGeo. Mr. Laverdiere is a geologist, a qualified person under NI 43-101, Standards of Disclosure of Mineral Projects, and a director of the company.

About Fokus Mining Corp.

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

The Galloway project covers an area of 2,865.54 hectares and is located just north of the Cadillac/Larder Lake deformation, which extends laterally for more than 100 kilometres. Numerous gold deposits are related to that structure and its extensions. The current work focuses on the western portion of the mineral claims where several mineral occurrences have been identified.

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