Mr. Greg Johnson reports

METALLIC MINERALS APPOINTS CFO AND PROVIDES UPDATE REGARDING COVID-19 RESPONSE

Metallic Minerals Corp. has appointed Rebecca Moriarty of Malaspina Consultants Inc. as chief financial officer, effective immediately. Ms. Moriarty is a chartered professional accountant and has over 20 years of experience in the mining industry. As a senior member of the Malaspina team, she focuses on the resource sector, drawing on her unique combination of technical- and business-accounting expertise with a degree in geology from Queens University and a chartered professional accountant designation. Prior to joining Malaspina, Ms. Moriarty worked with PricewaterhouseCoopers LLP where she was a manager working exclusively with resource companies.

Malaspina is a leading, Vancouver-based financial-consulting and advisory firm, providing accounting and finance solutions for high-growth companies, particularly in the resource sector. In addition to providing the company with CFO services, Malaspina will also provide accounting and corporate-advisory services, as required. Ms. Moriarty replaces Tim Thiessen, who has stepped down from his role as CFO for the Metallic Group companies to pursue other opportunities.

Greg Johnson, Metallic Minerals chairman and chief executive officer, stated: "We look forward to working with Rebecca and the Malaspina team for our key accounting and financial services, moving forward. We would like to express our thanks to Mr. Tim Thiessen for his service and contributions to the development of Metallic Minerals and the Metallic Group, and wish him the best in his future endeavours."

COVID-19 update

Based on guidelines from the World Health Organization, national governments and local communities, Metallic Minerals has implemented precautionary measures to reduce the risks associated with the spread of COVID-19. These measures include reducing travel and in-person meetings for all personnel. The company is closely monitoring recommendations and guidance related to COVID-19 for all of the communities in which it operates. Metallic Minerals' technical work continues with the analysis and modelling of surface sampling, drilling and geophysics, and the company anticipates providing additional updates on progress from Keno Silver, La Plata and its other projects in the coming weeks.

About Metallic Minerals Corp.

Metallic Minerals is a growth-stage exploration company, focused on high-grade silver and gold projects in underexplored, brownfield mining districts.