Mr. Darin Labrenz reports

DRILLING RECOMMENCES AT THE PUREGOLD RED LAKE MINE, TARGETING MINE PLAN OPTIMIZATION, AGGRESSIVE RESOURCE GROWTH, AND NEW HIGH GRADE DISCOVERIES

Pure Gold Mining Inc. has launched its 2020/2021 exploration and resource growth program at its 100-per-cent-owned Pure Gold Red Lake mine in Red Lake, Ont., Canada. Over 30,000 metres of diamond drilling, including both underground and surface drilling, are planned to optimize the near-term mine plan, expedite the growth of the company's mineral resources and aggressively expand new high-grade discoveries.

"We believe strongly in the organic growth potential of our Pure Gold Red Lake mine property. And we are confident that the mine plan outlined in our feasibility study is scalable and has the potential to expand," said Darin Labrenz, president and chief executive officer. "We are now launching an aggressive exploration program designed to realize our vision for future growth at Canada's next gold mine. Our drill program has been designed with the goal of: increasing indicated mineral resources through infill drilling, with potential to convert to future reserves; expand our gold resources through stepout drilling; and make new high-grade discoveries through regional exploration. While we remain completely focused on our fully funded mine construction and ramp-up, we strongly believe in the potential for our mineral reserves and mine production to grow, and our new program is designed to start building our future growth today."

Underground drilling, which commenced today, is designed to infill and expand mineral resources with the goal of optimizing and expanding the near-term mine plan. It is expected that underground drilling with the purpose of reserve replacement will form an important ongoing component through the life of mine. Initial drilling will occur in areas targeted for the first two years of production as part of the company's continuing detailed mine plan optimization.

Previous drilling in this area includes:

• 232.4 grams per tonne gold over 5.2 metres from drill hole PGU-0109;
• 50.2 g/t gold over 4.0 metres from hole PG16-154;
• 28.2 g/t gold over 7.0 metres from drill hole PGU-0061;
• 26.4 g/t gold over 12.7 metres from drill hole PGU-0051;
• 19.4 g/t gold over 9.8 metres from PGU-0028;
• 10.9 g/t gold over 9.8 metres, including 27.0 g/t gold over 3.8 metres from PG16-093.

Surface drilling will focus on expanding new discoveries along the company's plus-seven-kilometre gold corridor. The goal of this program is to grow mineral resources in areas where the company believes strong potential exists for mineral resources to convert to future reserves and form part of an expanded mine plan. This drilling forms an important component of the company's plan to establish the growth and scalability of its Pure Gold mine complex. Diamond drilling will commence in July with two drill rigs, which will initially be deployed to the Wedge area.

A third aspect of the company's exploration strategy is unveiling and establishing the growth potential of high-grade zones such as the company's 8 zone. Open up and down plunge for expansion, the 8 zone has previously returned extraordinary drill results such as 466.0 g/t gold over 4.3 metres and 342.4 g/t gold over 5.5 metres and forms an important part of the company's phase 1 mine. Recent drilling in the area up plunge has identified quartz veining with visible gold within a strong alteration footprint around the clearly defined structure, which also hosts the 8 zone. With the average gold grade in the 8 zone indicated resource of 20.5 g/t, clearly the expansion of this zone and discovery of similar zones provide the opportunity for explosive transformative growth at the Pure Gold Red Lake mine. The Pure Gold team is actively planning exploration drilling directed at this important component of the mine growth strategy, and further drilling is expected to commence in the coming months.

The comprehensive Pure Gold exploration drill program is expected to continue into 2021, with results released during the course of the activities.

There can be no certainty that exploration drilling will result in a mineral resource being delineated. Mineral resources that are not mineral reserves do not have demonstrated economic viability. There is also no certainty that inferred mineral resources will be converted to measured and indicated categories through further drilling, or into mineral reserves, once economic considerations are applied.

For further information, see the technical report titled "Madsen Gold Project Technical Report Feasibility Study for the Madsen Deposit Red Lake, Ontario, Canada," with an effective date of Feb. 5, 2019, and dated July 5, 2019, for further information, available at the company's website or under the company's SEDAR profile.

Qualified persons and National Instrument 43-101 disclosure

Phil Smerchanski, PGeo, vice-president, exploration, for the company, is the designated qualified person for this news release within the meaning of National Instrument 43-101 and has reviewed and verified that the technical information contained herein is accurate and approves of the written disclosure of same.

About Pure Gold Mining Inc.

The Pure Gold Red Lake mine is Canada's next gold mine. Fully financed, the project is on track to deliver near-term gold production into a rising Canadian gold price environment, with first production scheduled for late 2020. The orebody is situated within a seven-kilometre-long gold system that is wide open for expansion at depth and along strike, and multiple discoveries by the company suggest potential opportunities for near-term growth.

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