ORO X MINING CORP. announced the continuation of the surface exploration program focused on generating drilling targets at its 100% owned Julian gold exploration project in southern Ecuador (the "Property"). The Property is adjacent to and surrounds to the east, south, and west the renowned "El Mozo" high-sulphidation epithermal deposit. The El Mozo mining project has been previously explored by Newmont Corporation, Odin Mining International Inc. and IAMGOLD Corporation. The results of the Company's current exploration program aim to identify epithermal gold targets to be drilled in 2021. The Property is an exploration project comprising one concession of 2,312 hectares (ha.) located approximately 370 km south-southwest of Quito (the capital of Ecuador) and 60 km south of Cuenca in the southern highlands of Ecuador. The Property was staked in 2017 by Green Oil S.A., a private company, and subsequently acquired by Oro X on January 27, 2020. To date, there has been little systematic exploration over the Property, although there has been considerable technical exploration on the adjacent El Mozo project. The Property lies within the Inter-Andean Depression, a graben that separates the western Cordillera Occidental from the eastern Cordillera Real. The southern sector of the depression where the Property is located is dominantly filled with Tertiary to Quaternary volcanics. Epithermal gold mineralization at the Property is hosted within these volcanic-sedimentary sequences. The Property is located near major regional NE-SW and E-W oriented structures typical of the Collay-Shincata gold bearing mineralized belt that is part of the Alao-Paute mining district. This district hosts other high-sulphidation deposits such as El Mozo, Lomo Quipal, La Encrucijada, Fierro Urco and other prospects Epithermal gold mineralization was first discovered at the adjacent El Mozo project in 1992 by Newmont Mining Corporation. Follow-up exploration by Newmont, IAMGOLD, and others established a historical inferred resource of 3.5 million tonnes at an average grade of 2.3 g/t gold for 256,000 oz contained gold oz. using a cut-off grade of 0.5 g/t gold. Within this inferred resource, a high-grade zone of 230,000 tonnes at an average grade of 8 g/t gold was also discovered. About 75% of the estimated resource consists of oxide material. Many of the epithermal features targeted at the El Mozo project are also present on the Property. Preliminary geological, structural, and hydrothermal alteration field mapping has identified two prospective areas within the concession which will be the focus of further exploration. A subsequent field program will perform detailed mapping and geochemical sampling of the prospective targets. The 2020 exploration program at the Property will focus on delineating prospective zones that may host epithermal gold bearing mineralisation to generate targets for a follow-up drill program. Additionally, the Oro X technical team will use ASTER remote sensing data to define other targets with high-sulphidation epithermal alteration related minerals. Extensive road cuts and minimal vegetation in the area will accelerate the fieldwork timeline. Upon the successful receipt of fire assay and atomic absorption results from field samples, a detailed geochemical soil sampling program of prospective zones will be designed to identify drill targets. Regional magnetometry has also identified a NE " SW trending anomaly that extends from the El Mozo project through the Property that warrants further investigation. The goal of the 2020 exploration program is to generate prospective targets for a maiden drill campaign in 2021.