Vancouver, British Columbia: Gold Basin Resources Corporation (the "Company" or "Gold Basin") – (CSE: GXX, OTCQB: GXXFF) announces that Gold Basin has joined the Vancouver-based Discovery Group of companies led by Mr. John Robins and Mr. Jim Paterson. In addition, Messrs. John Robins and Darren Klinck have joined the Company’s Board of Directors, with Mr. Robins to serve as Chairman of the Board.

CEO Michael Povey commented: “We are pleased to welcome both John and Darren to the Board. Their experience and expertise will be great assets to the Company as we move forward on our exciting Gold Basin project. The Company is also pleased to have joined the Discovery Group, an alliance of public companies in the mineral exploration and mining projects sector with a track-record of generating shareholder value. We look forward to a close working relationship with the Discovery Group.”

John Robins - Chairman & Director

Mr. John Robins is a professional geologist, prospector and entrepreneur with over 35 years of experience in the mining industry. In 2008, he was awarded the Spud Huestis award for his contribution to mineral exploration in British Columbia and Yukon.

He has been involved in several notable discoveries including the 5-million-ounce Coffee Gold deposit in Yukon, the Three Bluffs gold deposit in the Committee Bay greenstone belt, and the Aviat/Churchill diamond districts of Nunavut. He has been involved in over a billion dollars in M&A activity and has generated over 500 million dollars in direct and indirect mineral expenditures throughout Canada, Latin America and Australia.

Mr. Robins is Chairman to Fireweed Zinc Ltd. and K2 Gold Corp. and a Strategic Advisor to GBR, Genesis Metals Corp., Kodiak Copper Corp., ValOre Metals Corp. and Ethos Gold Corp.

Chairman John Robins commented: “The Gold Basin project presents a unique exploration and development opportunity, having largely escaped systematic modern exploration. The project has all the hallmarks of a large oxide gold deposit in a tier one mining jurisdiction. Darren and I are excited to have the opportunity to work with the Gold Basin team as we work to unlock the value of the project and we welcome Gold Basin as the newest member of Discovery Group.”

Darren Klinck – Director

Mr. Klinck is an accomplished mining executive with a wide range of management experience throughout Australasia & The Americas. He was President & CEO of Bluestone Resources, following the acquisition of the Cerro Blanco gold project in Guatemala in 2017, where he led the team that financed and advanced the project through resource expansion, feasibility and engineering phases of project development. He also spent more than ten years with OceanaGold as a member of an Executive Committee that achieved significant growth and business expansion to become a multi-mine, international gold mining company, growing from a market capitalization of less than C$100M to one greater than C$3B.

Over the past 20 years, Darren has been instrumental in negotiating both equity and debt financing packages totaling more than $800m and has significant experience leading teams in emerging markets with a strong focus on Corporate Social Responsibility (CSR) and community engagement programs, as well as extensive government relations activities.

Mr. Klinck has a Bachelor of Commerce degree from the Haskayne School of Business at The University of Calgary. He is also a Director of ValOre Metals Corp.

ABOUT DISCOVERY GROUP

Discovery Group is an alliance of public companies focused on the advancement of mineral exploration and mining projects with a proven track record of generating shareholder value through responsible, sustainable, and innovative development – for more details, visit www.discoverygroup.ca.

ABOUT GOLD BASIN RESOURCES CORPORATION

Gold Basin Resources is a gold exploration company which holds a 100% interest in the Gold Basin Project located in the Gold Basin Mining District, Mohave County, Arizona. The project area comprises five mineral rights (2,389 acres) and 294 unpatented mining claims (5,380 acres), totalling 7,769 acres (31 km²). The Company is well-financed to advance the project with a comprehensive multi-phase exploration program. Gold Basin is led by a team with a track record of success in mineral exploration, project development, capital markets and significant transactions.

Gold Basin is a proud member of Discovery Group.

On Behalf of the Board of Directors

Michael Povey
Chief Executive Officer and Director

For further information, please contact:

Andrew Mendelawitz, Investor Relations

Phone: 1-778-650-5457
Email: andrew@goldbasincorp.com

FORWARD-LOOKING STATEMENTS:

This news release contains forward-looking statements and forward-looking information (collectively, "forward looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect", "potential", "project", "target", "schedule", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this release are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from the Company's expectations include actual exploration results, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms,

general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated, including, without limitation, risks relating to epidemics or pandemics such as COVID–19, including the impact of COVID–19 on the Company's business, financial condition and results of operations.

Readers are cautioned not to place undue reliance on forward looking information. The Company undertakes no obligation to update any of the forward-looking information in this news release or incorporated by reference herein, except as otherwise required by law.