Golden Tag Drills 1,004 g/t Ag.Eq over 1.22 m close to surface, and 83 g/t Over 240 m within Fernandez Zone

Toronto, Ontario, February 15, 2022: Golden Tag Resources Ltd. (“Golden Tag” or the "Company") (TSX.V: GOG) (OTCQB: GTAGF) is pleased to announce complete results from diamond drillholes 21-61, 61A, and 61W1, part of an exploration program targeting bulk-tonnage mineralization on the Company’s 100% owned San Diego Project, located in Durango Mexico.

Key highlights from holes 21-61, 61A & 61W1 include:

• Several high-grade intersections, located close to surface, including 1,004 g/t Ag.Eq over 1.22 m, 1,110 g/t Ag.Eq over 0.6 m and 1,064 g/t Ag.Eq over 0.5 m in the CSplay Zone

• 149 g/t Ag.Eq over 11 m, and 514 g/t Ag.Eq over 0.6 m within the Montanez Zone

• 83 g/t Ag.Eq over 240 m, including a higher-grade interval of 110 g/t Ag.Eq over 112 m, within the Fernandez Zone

• The Fernandez Zone intersection represents a 19% increase in grade compared to the closest historical hole (12-48) within this upper section of Fernandez

Greg McKenzie, President and CEO commented: "We are pleased to have intersected high-grade silver within proximity to existing historical underground workings, relatively near surface.  Furthermore, hole 21-61W1 provides us with additional knowledge and confidence within the upper section of the Fernandez resource, and we are encouraged to intersect grades 19% higher than the closest hole vertically located 50 m higher. The Fernandez Zone clearly demonstrates higher grades as depth increases, and consistently showcases very broad intervals of mineralization”.