HighGold Mining Inc. announced plans for a USD 9 million exploration program for the 2022 field season at the Johnson Tract polymetallic Gold Project in Southcentral Alaska, USA. The Project hosts the high-grade JT Deposit with a 0.75moz indicated resource at 10.9 g/t gold equivalent (AuEq). An updated and expanded mineral resource for the JT Deposit is expected to be delivered before the end of the second quarter 2022 and will incorporate 27,000 meters of drilling from the 2020 and 2021 drill programs. 2022 Johnson Tract Exploration Program Strategy: A minimum of 13,000 meters of diamond drilling allocated to test the following: JT Deposit (Approx.

35% of meters) – focused step-out and infill drilling on the mineral resource footprint, including follow-up on successful down-plunge and on strike expansion drill holes completed in 2021 including. 4.3m grading 20.0 g/t AuEq. DC Prospect Discovery in 2022 (Approx. 35% of meters) – follow-up drilling of the exceptionally high-grade, late season drill discovery, of 6.4m grading 577.9 g/t Au and 2,023 g/t Ag (included 1.26m at 2,860 g/t Au and 9,990 g/t Ag plus 1.5m at 60.7 g/t Au and 220 g/t Ag; Milkbone Prospect, Priority Target (Approx.

20% of meters)– first time testing of high-grade soil geochemistry and boulder samples (up to 8.3 g/t Au and 184 g/t Au respectively) at the Milkbone Prospect and the 1.2 km long northeast trending mineralized corridor between the Milkbone and DC prospects. Other Johnson District prospects (Approx. 10% of meters) – including Kona, Easy Creek and South Valley.

Preparations well underway to open camp mid-June with drilling to commence shortly thereafter. Commissioning of an onsite sample preparation facility for crushing and pulverizing drill core samples, which will significantly reduce assay turn-around time and enable more efficient follow-up of positive results during the 2022 drill program. Preliminary engineering and environmental baseline studies to support Project planning.

Geological mapping, prospecting, and soil & rock sampling programs to follow-up and expand on the positive results generated from the 2021 program and refine drill targets coupled with Drone-Magnetic airborne surveying. 2022 Program Details: Preparations are underway to open the JT camp mid-June and to commence drilling shortly thereafter. The Program will start with two drill rigs, with plans to add a third should another drill rig become available.

The current drill plan contemplates approximately one-third of the total meters dedicated to expansion and infill of the JT Deposit and immediately surrounding targets, and two-thirds dedicated to the DC-Milkbone Corridor and other Johnson District prospects.