Vancouver - Wedgemount Resources Corp. (CSE: WDGY) ('Wedgemount' or the 'Company'), is pleased to announce the commencement of its 2022 field exploration program at its road accessible Friendly Lake copper-gold property ('Friendly' or the 'Project') in south-central British Columbia.

The Friendly project is located approximately 100km north of the city of Kamloops, BC and lies within the productive mineral belt of the Quesnel Trough, host of many of British Columbia's alkalic copper gold porphyry deposits.

Highlights

Focus on expanding areas of new porphyry-related copper and gold mineralization discovered during 2021 field season: In particular, areas with abundant coarse clotted chalcopyrite and bornite identified adjacent to the significant BOGG and RO copper-gold targets.

Follow-up on LiDAR survey completed in November 2021: Data highlights previously undocumented historic trenches, regional structures and new road cuts, which will be targeted for mineralized copper and gold exposures in outcrop.

Significant 2022 program planned: Further geological mapping, rock and soil sampling, and induced polarization (IP) geophysics will be completed to aid in drill targeting.

The inaugural 2021 field program included rock sampling, and detailed geological and alteration mapping in and around known mineral occurrences in order to gain a better understanding of the alteration, mineralization, and structural controls of the porphyry style mineralization in the Friendly Lake portion of the Property. A total of 73 rock samples and 41 alteration chip samples were taken from outcrop or float. A LiDAR survey was later flown over much of the Friendly Lake portion of the claims.

The 2022 program will follow-up and seek to expand on the footprint of the various mineralization/alteration styles noted in 2021. Alteration mapped on the property to-date includes skarn alteration within the Deer Lake area, fault-related alteration which appear to be associated with orogenic silver-bearing veins, and wide-spread porphyry-style alteration including propylitic, silicic, and pyritic alteration in the periphery zones of the Friendly Lake Trend, which follows the BOGG, RO, and FL Minfile occurrences. Closer to these zones the alteration changes to sericite and pyrite before grading into biotite alteration at the BOGG occurrence. This visual alteration gradation is supported by the Terrapsec SWIR analysis.

Mark Vanry, President and CEO of Wedgemount, commented, 'We are excited to kickoff our 2022 exploration program at Friendly. In particular, our technical team is eager to examine the vast new logging clear-cuts adjacent to the highly prospective BOGG and RO zones as well as following up on new and historic prospective areas outlined in our 2021 Lidar survey. Subsequent to our 2021 program, multiple new cut blocks to the northwest of the BOGG zone and north of the RO zone were logged which will provide completely new accessible areas to systematically explore this year.'

About Wedgemount Resources Corp.

Wedgemount Resources is a junior mineral exploration company focused on maximizing shareholder value through the acquisition, discovery and advancement of high-quality copper - gold projects in North America.

Contact:

Mark Vanry

Tel: (604) 343-4743

Email: info@wedgemountresources.com

Web: www.wedgemountresources.com

Reader Advisory

This news release may contain statements which constitute 'forward-looking information', including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words 'may', 'would', 'could', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Forward looking statements made in this news release include the Company's plans for exploration of the property and anticipated exploration results. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, availability of funds, personnel and other resources necessary to conduct exploration programs, successes of the Company's exploration programs, availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

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