Mr. Ron Hochstein reports

LUNDIN GOLD TO HOST INVESTOR DAY ON JUNE 7, 2023

Lundin Gold Inc. will host an investor day at the Ivey Donald K. Johnson Centre in Toronto on Wednesday, June 7, 2023, starting at 9 a.m. Eastern Time. Members of Lundin Gold's management team including president and chief executive officer Ron Hochstein; interim chief financial officer Chester See; chief operating officer Terry Smith; vice-president, business sustainability, Nathan Monash; and vice-president, exploration, Andre Oliveira, will be in attendance for the event.

For those wishing to attend the event in person, please RSVP to finlay.heppenstall@lundingold.com. For those unable to attend, a link to a live webcast and the presentation slide show in PDF format will be available on the company's website shortly before the event.

About Lundin Gold Inc.

Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte is among the highest-grade operating gold mines in the world.

The company's board and management team have extensive expertise in mine operations, and are dedicated to operating Fruta del Norte responsibly. The company operates with transparency and in accordance with international best practices. Lundin Gold is committed to delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace, and minimizing the environmental impact. The company believes that the value created through the development of Fruta del Norte will benefit its shareholders, the government and the citizens of Ecuador.