PRUDENT MINERALS CORP. (CSE: PRUD) ('Prudent' or the 'Company') is pleased to announce, in accordance with National Instrument 43-101 ('NI 43-101') it has filed an independent Technical Report entitled 'ABE Gold Project, Department of Antioquia, Republic of Colombia' by Qualified Person ('QP') Warren D. Robb, P.Geo. (BC) with an effective date of December 17, 2022.

The Technical Report is available for review on SEDAR (www.sedar.com) and on the Company's website (www.prudentminerals.com). The ABE Project is under option to Berlin Precious Metals Corp., which is being acquired by the Company as previously announced December 30, 2022.

The ABE project lies adjacent to Romeral Fault system and the Middle Cauca Metallogenic Belt of north central Colombia approximately 70-km south of the city of Medellin. The Middle Cauca Belt hosts several large-scale gold and copper-gold deposits.

ABE hosts an exploration target which is estimated to be up to 6.3 million tonnes with potential grades of 5.0 to 15.0 g/t gold based on certain assumptions:

The size and extent of the historic workings, which occur between 1,600m and 1,350m ASL.

A strike length of 800m was used of the 1600m outlined by the coincident NE trending workings, Magnetometer and Induced Polarization resistivity responses.

Four underground quartz veins displaying widths of 1.0 to 3.0m, an average dip of -65-degree resulting in estimated true widths of 0.90 to 2.90m of all veins.

A specific gravity of 2.72 is estimated for the quartz.

The QP specified the exploration target potential quantity and grade is conceptional in nature, that there has been insufficient exploration to define mineral resources and that it is uncertain if further exploration will result in the target being delineated as a mineral resource. As such, readers are cautioned that the quantity and grades indicated herein may not be realized through the Company's exploration activity and the foregoing is provided for context only. Readers should refer to the NI 43-101 report.

Extensive soil geochemistry and geophysical programs were conducted from November 2021 through to October 2022. A total of 167 samples were tabulated from surface, underground and mill feed or concentrate sampling. Elevated gold values have been returned from sampling with 131 of the 167 samples collected thus far returning values greater than 1 gram per tonne of gold. Highlights include: 162.00 g/t gold over 1.0m, 80.37 g/t gold over 1m and 97.33 g/t gold over 1.0m.

About Prudent Minerals Corp.

Prudent Minerals Corp. is a Canadian publicly listed company conducting exploration on its SAT Property in British Columbia, Canada. On April 18, 2022, Prudent commenced trading on the Canadian Securities Exchange (CSE: PRUD) as a national resource company engaged in primarily acquisition, exploration and, if warranted, development of mineral properties.

Prudent Minerals is managed by proven resource sector professionals, who have a track record of advancing exploration projects from early stage through to production.

Contact:

Tel: (+1) 604 290 8100

The Canadian Securities Exchange has not reviewed or approved the content of this news release and accepts no responsibility for the adequacy or accuracy of this release.

Except for statements of historic fact, this news release contains certain 'forward-looking information' within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as 'plan', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate' and other similar words, or statements that certain events or conditions 'may' or 'will' occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the Canadian Securities Exchange. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the commercialization plans for Prudent Minerals Corp. described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com

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