Vancouver - Quadro Resources Ltd. ('Quadro' or the 'Company') (TSXV: QRO, OTCQB: QDROF, FRA: G4O2) is pleased to announce the remaining assay results from its 2021 Staghorn gold project, Newfoundland.

Further to its November 18, 2021, news release, in which the Company announced the discovery of a new gold zone intersected from the inaugural exploration drill program at its Long Lake property, in Central Newfoundland, Quadro's assays results from four drill holes at Staghorn remained overdue due to assay lab-related delays. After completing the Long Lake drilling, the drill was mobilized to Quadro's Staghorn property where an additional 891 meters were completed in four holes at the southwest end of the Marks Pond zone.

These assay results are reported below. Highlights include: MP21-021: A high of 29.1 g/t Au over 0.35m within a 57.0 m wide zone grading 0.33 g/t Au. and 1st definitive visible gold, below the main zone.

MP21-023: 1.95g/t Au over 6m.

MP21-024: An intercept of 1.1 g/t Au over 5.0m including 1.8 g/t Au over 3.0m, thus extending the Marks Pond Horizon 200 m to the southwest for a total of 626m strike length.

perations is not necessarily indicative or representative of the mineralization that may be hosted on the Company's property.)

From T. Barry Coughlan (CEO): 'With these latest assays following on 2021's earlier drilling at Staghorn, the Marks Pond Gold Horizon has been extended to over 600m in strike length and has proven continuity down dip, however the grades of the plus 20 m wide zone have not shown any improvement over the earlier drilling. The most significant aspect of the program was the discovery of a lower zone of high-grade mineralization with visible gold below the main zone. Additional drilling is planned to follow up on the high-grade lower zone and wide step out drilling on the Marks Pond Horizon where a number of gold-in-soil anomalies remain to be tested. We look forward to developing the Staghorn targets, in conjunction with the new gold discovery at the Long Lake project, further in 2022.'

About Quadro Resources

Quadro is a publicly traded mineral exploration company. It is led by an experienced and successful management team and is focused on exploring for gold in North America. The Company's shares trade on the TSX Venture Exchange under the symbol 'QRO'. Quadro owns a 100% interest in the Staghorn property, has an option to earn a 100% interest in the Long Lake and Careless Cove properties, and has an option to earn an initial 51% interest in the Tulks South Property, in Newfoundland.

Contact:

Tel: (604) 644-9561

Email: info@quadroresources.com

The information contained herein contains 'forward-looking statements' within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be 'forward-looking statements.' Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.' For more information on the Company, interested parties should review the Company's filings that are available at www.sedar.com.

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