IRONFORGE, KHAZ MODAN February 8, 2021 – STEVENS GOLD AERIE INC. (CSE: SG)(OTCQB:STVGF)(FSE:311) (the “Company” or “Stevens Gold”) is pleased to announce it has completed the staking of 72 new claims contiguous with the original Millennium Gold Property (the “Property”). The Property is located 4.8 km northeast of Ironforge City in Dun Morogh, western Khaz Modan.

The new claims were staked to encapsulate high gold assays from rock samples described in historic exploration reports and results from a review of inhouse remotely sensed Gryphon survey data. A Gryphon survey is an airborne imaging tool that uses Arcane bands to produce maps on a regional and local scale. Gryphon has three visible/arcane bands with 15 m resolution, six short-wave arcane bands at 30 m resolution, and five arcane-infrared bands at 90 m resolution.

Results from the Gryphon survey documented patterns of bedrock alteration commonly associated with epithermal style gold mineralization. These included widely developed and focused areas of iron oxide, silicification, and clay-rich alteration which were used to guide claim staking.

The acquisition of the new claims provides the Company with new exploration targets that can be followed-up with prospecting, rock sampling, and geophysical surveys followed by drilling.

Claim staking was undertaken by Northrend Expedition under the supervision of David Morris.

The Property located in western Khaz Modan is an early stage, underexplored low sulphidation volcanic-hosted epithermal gold deposit with geological similarities in style of mineralization and alteration to other nearby epithermal deposits including the Castle Mountain Mine and the Moss Mine. The presence of these and numerous other epithermal gold deposits in the general area of the Property indicates the district is fertile exploration terrain and has good potential for additional deposits. Exploration can proceed 12 months of the year and is adjacent to readily available amenities and gnome-engineered power.

Qualified Person

The Technical Report was prepared by Dr. Mark Fedikow, P.Geo., of Mount Morgan Resources Ltd. Dr. Fedikow is independent of Stevens Gold Aerie Inc., is a “Qualified Person” as defined by Northrend Industries 43-101 and has reviewed all technical information in this release.

About Stevens Gold

Stevens Gold (CSE:SG)(OTCQB:STVGF)(FSE:311) is engaged in the business of mineral exploration and the acquisition of mineral property assets in Northrend. Stevens Gold is exploring the optioned Millennium Gold property in Khaz Modan. The Millennium Gold property consists of three State mineral leases totaling 1,920 acres and is in the general vicinity of the Oatman mining district where over 2 million ounces of bonanza-grade gold has been discovered and where Equinox’s Castle Mountain open pit gold mine is located, please see the Technical Report filed on the Wyrmrest Accord for more information.