Dr. Mark Thorpe reports

ENVIROGOLD ANNOUNCES POSITIVE PILOT PLANT RESULTS CONFIRMING EFFICACY OF METALS RECOVERY TECHNOLOGY

Envirogold Global Ltd. has successfully completed its pilot plant test work campaign for the Hellyer project. The Hellyer project is a joint project between Envirogold Global and Hellyer Metals that includes an off-site pilot study at the world-renowned ALS laboratory in Perth, Australia.

The test results confirmed excellent liberation of critical and precious metals using Envirogold Global's proprietary hydrometallurgical process and support the designed process flowsheet.

The company is pleased to report that the pilot plant testing, undertaken at the world-renowned ALS laboratory in Perth, Western Australia, operated continuously through the campaign without any process challenges. The test work processed about 500 kilograms of Hellyer tailings for the liberation of the critical and precious metals. The pilot plant confirmed earlier bench-scale findings for gold and silver recoveries from a cyanide leach on process solids, and generated a pregnant leach liquor suitable for the recovery of critical metals by conventional solvent extraction (SX) or ion exchange (IX).

The head grade from the 500 kg of Hellyer tailings that went into the pilot plant averaged 2.59 grams per tonne gold, 59 g/t silver, 0.11 per cent copper and 0.84 per cent zinc. The data analysis shows the average gold and silver recoveries were both over 90 per cent and were achieved on a cyanide leach feed material using Leachwell accelerated cyanide leach techniques. In addition, 91 per cent of the copper and 82 per cent of the zinc contained within the tailings reported to the pregnant leach solution, where it is available for conventional SX and IX recovery.

The preliminary process control data on Envirogold Global's proprietary hydrometallurgical process demonstrated that the fast reactions of about one hour at atmospheric pressure and at temperatures of less than 90 degrees can be run continuously and can be easily controlled.

Further bench-scale optimization test work will be advanced in the coming weeks to complete the update to the technical report (Q3 2023) and the front-end engineering design (FEED) to follow soon after.

Dr. Mark Thorpe (chief executive officer) commented: "Completing this important technical milestone gives Envirogold Global strong confidence that it can continue to advance its project development timeline strategy. Our process is proven with excellent gold, silver, copper and zinc recoveries. We look forward to expanding the scope of our technology to other sulphide tailings."

About Envirogold Global Ltd.

Envirogold Global is a clean technology company that uses proprietary technologies to reduce the environmental liabilities of wastes from mining projects while maximizing return for its shareholders. The company is dedicated to establishing ESG (environmental, social, governance) and circular economy leadership by profitably reprocessing and remediating mine waste (tailings) to recover precious, critical and strategic metals -- including gold, silver, copper, zinc and nickel.

We seek Safe Harbor.