Trillium Gold Signs Agreement to Purchase Panama Lake Gold Project Located 80km from Kinross Gold’s Dixie Deposit in Red Lake, Ontario

VANCOUVER, British Columbia, June 01, 2022 (GLOBE NEWSWIRE) -- Trillium Gold Mines Inc. (TSXV:TGM, OTCQX:TGLDF, FRA:0702) (“Trillium Gold” or the “Company”) is pleased to announce that it has signed a Purchase and Sale Agreement (the “Purchase Agreement”) to acquire all of the rights and title to the Panama Lake Property (the “Property”) held by St. Anthony Gold Corp. (“St. Anthony Gold”). The Panama Lake Gold Project is located approximately 80km from, and on the same structural trend as, Kinross Gold’s Dixie deposit and effectively extends Trillium Gold’s dominant contiguous foothold along the Confederation belt by 9,882 hectares (see Figure 1).