| VANCOUVER, Canada, November 26, 2021, Golden Dawn Minerals Inc., (TSX-V: GOM | FRANKFURT: 3G8C | OTC Pink: GDMRD), (“Golden Dawn” or the “Company”), provides an update on the impact of the heavy rains, flooding and mudslides recently experienced in British Columbia on the Company’s core assets. To date, the heavy rains and flooding in southwestern British Columbia have had no material impact on Golden Dawn’s infrastructure and field operations. There was no significant rainfall in the area of the Greenwood Mill and tailings storage facility and the infrastructure remains in excellent condition and under 24-hour security. Similarly, no impacts were observed at the Lexington mine and the nearby May Mac mine and tailings storage. Golden Dawn continues to monitor these properties regularly. All of Golden Dawn’s other exploration properties are unaffected by the flooding. Our priority remains the health, safety, and well-being of our employees, contractors and communities. Project Profile Golden Dawn’s Greenwood Gold Process Plant is located in the historic Greenwood Mining Division in south-central British Columbia, Canada, approximately 500 km east of Vancouver. The Company’s focus is re-activating the process plant for toll milling of material from surrounding mines. For more information, refer to the company website www.goldendawnminerals.com. Readers are cautioned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate. Technical disclosure in this news release has been approved by Dr. Mathew Ball, P.Geo., President of the Company and a Qualified Person as defined by National Instrument 43-101. For more details, please see the most recent National Instrument 43-101 Technical Report on the Company’s website at www.goldendawnminerals.com. The Company also corrects the finders fees disclosed in its November 19, 2021 news release. The correct finders paid to Qwest Investment Fund Management Ltd. are a cash commission of $40,000 and issued 200,000 finders warrants. These finder warrants are valid for 2 years from closing with an exercise price of $0.20. The warrants are subject to a hold period expiring March 13, 2022. |
| On behalf of the Board of Directors: GOLDEN DAWN MINERALS INC. Per: “Christopher R. Anderson” Christopher R. Anderson Chief Executive Officer For further information, please contact: Golden Dawn Minerals Inc. – Corporate Communications: Tel: 604-221-8936 Email: Office@goldendawnminerals.com |
