NEWS

Kelowna, British Columbia, November 26, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) announces it has increased the previously announced financing (see new release of November 11, 2021) wherein the Company has increased the Offering to 35,000,000 common shares of the Company at a price of $0.05 per share for gross proceeds of up to $1,750,000 placement (the “Offering”). Proceeds will be used by the Company for exploration expenditures as well as general working capital and administrative purposes.

Kelowna, British Columbia, November 1, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) announces it intends to complete a non-brokered private of up to 30,000,000 common shares of the Company at a price of $0.05 per share for gross proceeds of up to $1,500,000 placement (the “Offering”). Proceeds will be used by the Company for exploration expenditures as well as general working capital and administrative purposes.

Kelowna, British Columbia, October 25, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) announces that Mr. Adam Davidson and Mr. S. Mitchel Wasel will be joining the Company’s Board of Directors as a result of their election at the 2021 Annual General Meeting (“AGM”) held October 22, 2021.

Kelowna, British Columbia, June 28, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to report that Pedra Branca’s Maiden Resource has been completed and is presented under National Instrument (“NI”) 43-101 technical report standards.

Kelowna, British Columbia, June 18, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) announces that it has conducted a review of the historical data from its 100 percent (“%”) owned Big Kidd Project, a copper-gold porphyry, located 25 kilometres (“km”) south of Merritt, British Columbia, Canada.

Kelowna, British Columbia, June 11, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to announce that it’s 75 percent (“%”) earn-in on the Pedra Branca Project, located 280 kilometers (“km”) southwest of Fortaleza, Ceará State, Brazil has been completed.

Kelowna, British Columbia, May 26, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to announce it has received additional positive assay results from its Phase I exploration program at the Mirador Target, within its Pedra Branca Project area, located 280 kilometers (“km”) southwest of Fortaleza, Ceará State, Brazil.

Kelowna, British Columbia, April 20, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to announce it has completed the Phase I exploration program at its Pedra Branca Project, located 280 kilometers (“km”) southwest of Fortaleza, Ceará State, Brazil. A consolidation of the entire historical and newly acquired data from the Phase I program includes a total of 122 RC (“reverse circulation”) and 90 Diamond Drill holes, representing 5,022 meters (“m”) of RC drilling and 8,914 m of Diamond Drilling.

Kelowna, British Columbia, April 8, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to announce it has received additional positive assay results from numerous target areas at the Pedra Branca Project, Brazil.

Kelowna, British Columbia, February 16th, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to announce that all drill hole core sample results have been received for the historic drilling validation program.

Kelowna, British Columbia, February 16th, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to announce that all drill hole core sample results have been received for the historic drilling validation program.

Kelowna, British Columbia, January 20, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to announce results from its ongoing drilling and trenching campaigns and to provide a corporate update.

SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company) is pleased to announce preliminary results from its maiden drilling, trenching and geologic mapping program at the Company’s Pedra Branca Project, located within the Troia Greenstone Belt in Ceará, Northeast Brazil.

JIULIAN RESOURCES INC. (TSX-V: JLR) (“Jiulian” or the “Company“) “) is pleased to announce that it has mobilized a Reverse Circulation (RC) drill rig to the Pedra Branca property. located within the prospective gold portion of the emerging Troia Greenstone Belt in Ceara, Northeast Brazil.

JIULIAN RESOURCES INC. (TSX-V: JLR) (“Jiulian” or the “Company“) “) is pleased to announce that it has mobilized a Reverse Circulation (RC) drill rig to the Pedra Branca property. located within the prospective gold portion of the emerging Troia Greenstone Belt in Ceara, Northeast Brazil.

October 21st, 2020 – TheNewswire – JIULIAN RESOURCES INC. (TSXV:JLR) (“Jiulian” or the “Company“) is please to announce further to its news release of October 14, 2020, the Company has been advised by the TSX Venture Exchange (the “Exchange”) that trading of the Company’s shares on the Exchange will resume at the opening of the market on Thursday, October 22, 2020.

JIULIAN RESOURCES INC. (TSX-V: JLR) (“Jiulian” or the “Company“) is pleased to announce that it has completed the previously announced (see news releases of July 30, 2020 and September 3, 2020) acquisition of an option to acquire the Pedra Branca Project in Brazil (the “Project”) pursuant to the terms of an option agreement (the “Option Agreement”) with Jaguar Mining Inc. (the “Fundamental Acquisition”). The TSX Venture Exchange (the “Exchange”) has accepted the documentation filed concerning the Fundamental Acquisition and approved the corresponding private placement (the “Concurrent Financing”) of units of the Company (the “Units”). It is anticipated that Jiulian’s common shares (the “Common Shares”) will resume trading on or about October 19, 2020.

JIULIAN RESOURCES INC. (TSX-V: JLR) (“Jiulian” or the “Company“) is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange (the “Exchange”) in respect of its previously announced acquisition of the Pedra Branca Project in Brazil (the “Project”) pursuant to the terms of an option agreement (the “Option Agreement”) with Jaguar Mining Inc. (the “Fundamental Acquisition”). Completion of the Fundamental Acquisition is subject to a number of conditions, including acceptance by the Exchange of the Company’s previously announced concurrent private placement (the “Concurrent Financing”) and the Exchange’s review of our previously submitted technical report on the Project.

JIULIAN RESOURCES INC. (TSX-V: JLR) (“Jiulian” or the “Company“) is pleased to announce that it has entered into an arm’s length definitive option agreement (the “Option Agreement”) with Jaguar Mining Inc. (TSX: JAG) (“Jaguar”) effective July 29, 2020 to acquire up to a 100% interest in the Pedra Branca project (“Pedra Branca” or the “Project”) tenement package, located in Ceará State, Northeastern Brazil (the “Acquisition”)

JIULIAN RESOURCES INC. (TSX-V: JLR) (“Jiulian” or the “Company”) announces that its Board of Directors has approved an amendment to its stock option plan subject to the approval by the shareholders of the Company at the annual general meeting of shareholder to be held later this year (the “AGM”) and upon receipt of final approval by the TSX Venture Exchange (the “Exchange”).