Mr. Mike England reports

GOLDEN LAKE ANNOUNCES CONVERTIBLE PROMISSORY NOTE

Golden Lake Exploration Inc. has entered into an unsecured, convertible promissory note to borrow $165,000. The loan has a maturity date of Oct. 29, 2026, and shall accrue interest at a rate of 10 per cent per annum from the issue date, subject to earlier conversion.

The amount outstanding under the loan is convertible into common shares of the company at a conversion price of five cents per share. Any common shares issued pursuant to the conversion of the loan shall be subject to a statutory hold period of four months and a day from the date of issuance in accordance with applicable securities law and the policies of the Canadian Securities Exchange. The company intends to use the loan for advance royalty payments owned under its option agreement with Greenlane Resources Ltd.

About Golden Lake Exploration Inc.

Golden Lake Exploration is a junior public mining exploration company engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to acquire, explore and develop economic precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property.