Golden Tag Intersects 892.25 g/t Ag.Eq Over 10 m and Discovers New Zone of Epithermal Mineralization Close to Surface

Toronto, Ontario, May 27, 2021: Golden Tag Resources Ltd. (“Golden Tag” or the "Company") (TSX.V: GOG) (OTCQB: GTAGF) has successfully discovered a new zone of epithermal mineralization commencing approximately 68 metres (‘m’) vertically below surface on the Company’s 100% owned San Diego Project, located in Durango Mexico.

 Key highlights include:

  • Hole 21-57 discovered a new zone of epithermal mineralization, intersections are as follows:

-       892.25 g/t Ag.Eq over 10.0 m from 73.0 to 83.0 m

-       115.33 g/t Ag.Eq over 5.54 m from 87.16 to 92.70 m

  • Two previously unreported zones of mineralization in historic hole 07-24 may be related to the newly discovered mineralization in hole 21-57:

-       213.85 g/t Ag.Eq over 2.0 m from 47.25 to 49.25 m located approximately 10 m east of hole 21-57

-       404.29 g/t Ag.Eq over 3.75 m from 208.90 to 212.65 m located approximately 55 m north-northeast of hole 21-57.

Greg McKenzie, President and CEO commented: "We were pleasantly surprised to have discovered this new mineralization, located at the top of hole 21-57 approximately 500 m above the planned target area. This is a significant discovery because it opens up the potential for epithermal type mineralization on the San Diego Project, above and beyond the broad skarn mineralization typically encountered.  Our next phase of drilling will attempt to follow up and expand upon this discovery.”

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release

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Golden Tag Successfully Extends Trovador downdip 335 metres, and Expands Fernandez 63 metres Southeast

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Golden Tag Intersects 286.02 g/t Ag.Eq Over 18.43 m and Identifies Mineralized Skarn Shoots 265 m above Fernandez Zone