levation Gold Mining Corp. announced that Michael G. Allen has stepped down as President of the Company, effective immediately. The Company's current Chief Operating Officer, Tim Swendseid, has been appointed President of Elevation Gold Mining Corp.

effective immediately. Mr. Swendseid has over 35 years of worldwide experience in operating, technical and financial aspects of mining projects. Prior to joining the Company at the end of 2021, Tim held senior industry management positions including Chief Operating Officer of Boroo Mining Company, SVP Operations and Technical at CMOC International, President of Consulting Services, Americas at RPM Global, General Manager for the Mulatos Mine at Alamos Gold, VP Engineering at Frontera Copper and various management and technical roles at Phelps Dodge Corp.

Tim holds a B. S. in Mining Engineering from Montana Tech, an MBA from the University of Arizona and is a CFA Charterholder.