Mr. Adrian Hobkirk reports

LEACH TESTING UNDERWAY WITH GLYCAT(TM) PROCESS

Gold Port Corp.'s leach testwork is under way using a new and innovative leaching process. Draslovka's Mining Innovation Centre in Perth, Australia, has been retained to test its patented GlyCat glycine leaching technology for the recovery of gold using a dual lixiviant system of glycine and sodium cyanide. Samples from the Groete gold project have been received in Australia and are currently under evaluation. Testwork is being conducted under the supervision of William Feyerabend, CPG, a qualified person under National Instrument 43-101 and a director of the company.

Glycine is a non-toxic biodegradable and recyclable amino acid commonly used as a food additive. Industry testwork by Draslovka's Mining Innovation Centre in Perth has demonstrated that GlyCat enables significant operation cost savings from the reduction in the use of cyanide, detoxification and other leaching reagents, potential improvements in gold recovery, as well as reduction of waste and waste water treatment costs.

Company president and chief executive officer Adrian F.C. Hobkirk is quoted: "We are excited to be testing state-of-the-art chemical solutions for the extraction of gold from the Groete gold deposit. The company is committed to identifying the most cost-effective, environmentally friendly and sustainable recovery process for this significant gold deposit."

About Draslovka Holding A.S.

Draslovka is a global leader in cyanide-based chemical specialties and agricultural chemicals, including next-generation fumigants and biocides. Utilizing the company's significant expertise, Draslovka develops and scales solutions that are vital for delivering sustainable growth at pace. A private holding company based in the Czech Republic, it is owned by four Czech families and has more than 100 years of experience in hydrogen cyanide (HCN) production and HCN chemistry. The company specializes in the production of fully synthetic and highly purified liquid HCN, which undergoes further processing for application in a variety of downstream products ranging from mining through to agriculture sectors. Through its scalable chemistry-based solutions, Draslovka aims to unlock transformation and be the leading global player in the production of cyanides for use in synthesis, mining, and industrial and agricultural applications, with safety and environmental sustainability at the heart of all its operations.

About Gold Port Corp.

Gold Port is focused on the further exploration and development of the 100-per-cent-owned Groete gold project, located in Guyana, South America. The current focus of the company is to enhance the National Instrument 43-101 gold deposit defined at the Groete project to a higher-grade lower-tonnage resource. The project was last explored in 2012, which included a drill program that allowed the calculation of an inferred mineral resource of 1.57 million gold equivalent ounces (gold plus copper) within 74 million tonnes, at a grade of 0.66 gram per tonne gold equivalent. A cut-off grade of 0.25 gold equivalent gram per tonne, a gold price of $1,275 per (U.S.) ounce and copper price of $3 (U.S.) per pound were used in the calculation of the inferred mineral resource. Details of the mineral resource are contained in an NI 43-101 report titled, "Technical Report and Updated Mineral Resource Estimate on the Groete Gold Copper Deposit, Groete Property, Guyana, South America," by P&E Mining Consultants Inc., dated April 16, 2019, available on SEDAR+ and the company website.

The company owns a new MP Power track-mounted drill rig located in Guyana and is siting a road access to the project to initiate a drill program. The new program is anticipated to include a 35-hole, 8,100-metre program that will seek to delineate a higher-grade and higher-quality gold resource contained within the current geological model.

William Feyerabend, CPG, a consulting geologist and qualified person under National Instrument 43-101, participated in the writing of this news release and approves the scientific and technical content.

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