Mr. Donald Taylor reports

AUGUSTA GOLD ANNOUNCES RESULTS OF ITS ANNUAL SHAREHOLDER MEETING

All matters presented for approval at Augusta Gold Corp.'s annual shareholder meeting held today, as more particularly set out in the company's management information circular and proxy statement dated Aug. 15, 2022, have been approved. These matters included:

• Electing each of the company's six nominees as directors of the company;
• Reappointing Davidson & Company LLP as auditor of the company for the ensuing year and authorizing the directors to fix its remuneration;
• Approving the repricing of certain company stock options.

A summary of the results for the election of the company's directors is provided in the attached table.

        VOTING RESULTS FOR ELECTION OF DIRECTORS

Name of nominee            Votes for      Votes withheld

                       Number        %    Number       %   

John Boehner       40,280,915   99.98%     8,529   0.02%
Lenard Boggio      40,158,112   99.67%   131,332   0.33%
Daniel Earle       40,158,407   99.67%   131,037   0.33%
Poonam Puri        40,162,485   99.68%   126,959   0.32%
Donald R. Taylor   40,158,252   99.67%   131,192   0.33%
Richard Warke      40,279,592   99.98%     9,852   0.02%

About Augusta Gold Corp.

Augusta is an exploration and development company focused on building a long-term business that delivers stakeholder value through developing the Reward and Bullfrog gold projects and pursing accretive merger and acquisition opportunities. The Reward and Bullfrog gold projects are located in the prolific Bullfrog mining district approximately 120 miles northwest of Las Vegas, Nev., and just outside of Beatty, Nev. The company is led by a management team and board of directors with a proven record of success in financing and developing mining assets and delivering shareholder value.