Mr. Jack Campbell reports

MEXICAN GOLD GRANTS STOCK OPTIONS

Effective today's date, Mexican Gold Mining Corp. has granted stock options to certain directors, officers and consultants of the company to acquire an aggregate of 3.65 million common shares of Mexican Gold pursuant to the company's stock option plan.

The options vest upon the grant date and are each convertible into a common share at an exercise price of 16 cents until Jan. 30, 2031. In addition, the options (and any common shares issuable upon exercise thereof) are subject to acceptance by the TSX Venture Exchange and a four-month hold period from the grant date in accordance with the policies of the TSX Venture Exchange.

About Mexican Gold Mining Corp.

Mexican Gold is a Canadian-based mineral exploration and development company committed to building long-term value through continuing discoveries and strategic acquisitions of prospective precious metal and copper projects in the Americas. Mexican Gold is exploring and advancing Las Minas project, which is located in the core of the Las Minas mining district in Veracruz state, Mexico, and host to one of the newest, underexplored skarn systems known in Mexico.

We seek Safe Harbor.