Pasofino Gold Ltd.

Pasofino Gold Limited is a Canadian-based mineral exploration company listed on the Toronto Venture Exchange under TSXV:VEIN. Pasofino, through its wholly owned subsidiary, owns 100% of the Dugbe Gold Project in Liberia. The 2,078 km2 Dugbe Gold Project (the ?Project?) is in southern Liberia and situated within the southwestern corner of the Birimian Supergroup which is host to most West African gold deposits. The Mineral Resource Estimate dated 17 November 2021 with total Measured and Indicated of 3.3 Moz with an average grade of 1.37 g/t Au, and 0.6 Moz in Inferred.The project has a bankable feasibility study completed on it, with a Mineral Reserve of 2.7 oz Au using $1,700 Au price; and delivers stellar economics. With a low CapEx (US$435M); post tax NPV5 of US$1.143B @ $2,500 Au price, and an IRR @ 45.7%, 14 year mine life, and average production profile of 171,000 oz per year for 14 year LOM. Gold price sensitivity table is available to review. Currently, Pasofino is looking for strategic investor(s), partner(s) and/or a strategic mining company to take the project into project financing and construction. A technical report for the Dugbe Gold Project was prepared in accordance with National Instrument 43-101 and filed on SEDAR+ at www.sedarplus.com and on the Company?s website.