Mr. Mark Haywood reports

GOLD LION ANNOUNCES MIA-3 LITHIUM PROJECT TARGET SATELLITE INTERPRETATION

Gold Lion Resources Inc. has completed a satellite image interpretation on its Mia-3 lithium project located in Eeyou Istchee, James Bay, Quebec.

"Gold Lion has completed the first satellite image interpretation which will be used to target the 2023 initial fieldwork exploration program," said Mark Haywood, chief executive officer of the company.

The Mia-3 project is located 14 kilometres to the northwest of the Miakadow Lake lithium pegmatite occurrence (now named Mia-1). Both are within the within the La Grande geological subprovince. These pegmatites were documented in 1991 by Noranda Exploration while exploring for gold and base metals. Later exploration in the Miakadow Lake area by Ressources Dianor Inc. (1999) describes a felsic pluton and a series of coarsely pegmatitic dikes related to the Vieux-Comptoir granites which intrude the La Grande and are seen along the south and southwest shores of Miakadow Lake. The Vieux Comptoir granitic rocks intrude multiple lithologies in the La Grande subprovince and are a key exploration vector which Gold Lion will investigate during this initial field program.

Geologica recently completed a property technical report dated May 5, 2023, "NI 43-101 Technical Evaluation Report of the Mia Li-3 Lithium Project." The report is filed under the company's profile on SEDAR. Geologica will be updating this report with results from its site visit as well as providing the first full-coverage map for the property from new information.

About Gold Lion Resources Inc.

Gold Lion Resources is a mineral exploration company actively involved in the exploration of the Mia-3 lithium property located in the James Bay region of Quebec.

Qualified person

William McGuinty, PGeo, a consultant to the company, is a registered professional geologist with the Ordre des Geologues du Quebec and a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects and has reviewed the technical information in this news release.

We seek Safe Harbor.