Mr. Javier Cordova reports

SOMA ACHIEVES RECORD MONTHLY GOLD PRODUCTION

Soma Gold Corp. had a new monthly gold production record of 3,154 AuEq (gold equivalent) ounces for the month of August, 2023. Year to date, Soma has produced 21,878 AuEq ounces, marking a substantial increase from the 16,219 ounces reported during the same period last year, which reflects Soma's commitment to optimizing production.

Javier Cordova, president and chief executive officer, states: "Our production remains well aligned with our annual plan and has consistently met our year-to-date budget targets. We are thrilled to report that we are currently 35 per cent ahead of last year's production pace. With the recent signing of the new collective agreement with our union, we are confident in our ability to achieve our full-year guidance of 35,500 ounces."

About Soma Gold Corp.

Soma Gold is a mining company focused on gold production and exploration. The company owns two adjacent mining properties in Antioquia, Colombia, with a combined milling capacity of 675 tonnes per day (permitted for 1,400 tonnes per day). The El Bagre mill is currently operating and producing. Internally generated funds are being used to finance a regional exploration program.

With a strong commitment to sustainability and community engagement, Soma Gold is dedicated to achieving excellence in all aspects of its operations.

The company also owns an exploration property near Tucuma, Para state, Brazil, which is currently under option to Ero Copper Corp.

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