MAS Gold Provides Update on Winter Drill Program Results

Saskatoon, SK, May 16, 2022 – MAS Gold Corp. (“MAS Gold” – TSX.V: “MAS” or the “Company”) is pleased to report the results from SRC Geoanalytical Laboratories located in Saskatoon, Saskatchewan, of an additional 7 diamond drill holes completed on its North Lake deposit (Figure 1) in the La Ronge Gold Belt, Saskatchewan (the “Program”). MAS has now received the results from 12 holes of 34 holes drilled at the North Lake Deposit (Figure 2) during its winter drill program. The results from these holes show an extension of mineralization down dip of the most northern historic drill hole and an upgrade of the near surface resource at the northern extension of the deposit.