Gold Line Resources Ltd. provide further results from its base of till/top of bedrock ("BoT/ToB") drill program at its Paubäcken gold project in the Gold Line Mineral Belt in north central Sweden. 2021 BoT/ToB drilling and follow-up diamond drilling confirm structural and geophysical model and identify multiple mineralized corridors along second order structure network. Highlights – Paubäcken Target: Final 117 additional BoT/ToB holes from fall 2021 drill program at Aida, Belle and Harpsund target areas Follow up results at Aida target extended Au and pathfinder anomalism 500 metres (m) north along the shear zone, and discovered new Au and pathfinder anomaly on a sub parallel structure.

Initial BoT testing of Harpsund Ionic Leach till anomaly show elevated gold and additional pathfinder indications. In total 7.7% of bedrock samples from the 2021 BoT/ToB drilling program showed anomalous Au values over 0.1 ppm and elevated pathfinder anomalism coincident with interpreted structural corridors and gold in till anomalism. Results from final 2 drillhole results from maiden 5 hole 670m diamond drilling program at Aida target (PAU21004 and PAU21005).

PAU21004 intercepted the structure, alteration, geology observed in discovery hole PAU21003 and encountered two zones of broad low grade Au mineralization. PAU21005 was situated several tens of metres east of the structural trend and did not incept the targeted structural corridor. Paubäcken Property: Previous highlights from Paubacken BoT/ToB drilling included a 3-meter sample of bedrock with 3.99 grams per tonne (g/t) gold (Au) and a 1.5 metre sample with 1.425 g/t Au at the Aida target, demonstrating the presence of a blind previously unrecognized bedrock-hosted gold mineralization in the area.

Gold Line Resources continued to explore several targets in the Paubäcken project area with additional BoT/ToB sampling in early fall 2021 and subsequently commenced a maiden diamond drill program at the Aida target in late fall 2021. Diamond drilling of the 1.43 g/t ToB target resulted in a 22.5 m intercept of 2.4 g/t Au including 9.5 m of 4.6 g/t Au. The mineralization is mainly hosted by calcsilicate-altered amphibolite within a large shear corridor.

Previously unreleased drillholes PAU21004 and PAU21005 were drilled southeast along strike of PAU21003. Although significant mineralization was not encountered, PAU21004 intercepted similar structure, alteration, and geology. Two zones of low-grade mineralization correlate to the zone encountered in PAU21003 situated 60m along strike to the north.

PAU21005 was situated 220 m southeast of PAU21004 parallel to the main structural trend and did not intercept same geology or structure. In total 670 m were drilled in 5 diamond drill holes. In addition to BoT/ToB results previously announced in Gold Line News Release November 4th, 2021, the Company has now received all BoT/ToB assay results from its 2021 campaign at the Harpsund, Belle and Aida targets: All targets occur along identified structural features identified from magnetics data and BoT geology, with the anomalism broadly related to zones of structural deformation.

Harpsun Target: New BoT/ToB results show a cluster of 8 anomalous bedrock samples of >0.1 g/t Au (21% of the holes) and elevated As anomalism. The drill program was designed to test a large Ionic Leach till anomaly and large area of coincident demagnetization located in an interpreted flexure within the Harpsund structural corridor. These results correspond to a 400 m portion of a 1,900 m gold and associated pathfinder element Ionic Leach till anomaly and interpreted structural corridor.

Belle Target: Approximately 500 meters to the southwest of the Harpsund target and 1km to the north of the already known Belle anomaly, the Company extended the ToB anomaly with a line of step-out holes. 20% of the holes in that extension returned samples with anomalous gold values of >0.1 g/t Au. Aida Target: Follow up results at Aida target extend Au and pathfinder anomalism 500m north along Aida shear zone and discover new Au and pathfinder anomaly on a sub parallel structure.

Seven samples with anomalous gold values of >0.1 g/t Au and elevated pathfinders were reported in five holes. Drilling has confirmed gold and pathfinder anomalism along two interpreted structural trends from airborne magnetic data, including where diamond drill hole PAU21003 intersected a 53.9 gram-meter (grade-thickness) intercept. The anomalies on these structural trends are priority drill targets for 2022.

In total, 201 BoT/ToB holes have been drilled at Paubacken for 2623m in 2020/2021 (170 in 2021 and 31 in 2020). Of these, 7.7% of the 402 bedrock samples collected returned with anomalous gold values of >0.1 g/t Au, all of which correspond to interpreted structural corridors. Further BoT drilling and follow up diamond drilling is planned in the 2022 exploration program to infill and extend along identified structural corridors and confirm bedrock sources of till anomalies.