Val-d'Or Mining Commences Prospecting and Geochemical Survey Program on Two of Its Quebec Abitibi Greenstone Belt Properties

Val-d'Or - Val-d'Or Mining Corporation (TSXV: VZZ) ('Val-d'Or Mining' or the 'Company') is pleased to announce that its 2022 exploration fieldwork season is now underway.

The initial ground focus will be on two (2) of the Company's 100%-owned, Quebec-based Abitibi Greenstone Belt precious metals (gold-silver) and critical / strategic (copper-zinc) minerals prospects.

The objectives of the field-based programs are to follow-up on previous defined induced polarization ('IP') anomalies, and/or drilling results, with the objective of delineating new coincidental geochemical targets for follow-up ground fieldwork, including drilling, if warranted.

The Company allocated a total budget of $84,000 for this program. The two (2) properties are: Pascalis Cu-Zn - Val-d'Or Mining Camp - Copper, Zinc, Silver

Pascalis Ouest - Val-d'Or Mining Camp - Gold; Copper, Zinc, Silver

The recently completed soil sampling program consisted of series of detailed ground geochemical sampling (soil-B-Horizon) survey lines, selected based on sample media constraints according to the local surficial geology.

On the Pascalis Cu-Zn Prospect, a total of 244 samples were collected over 15 individual sample lines. Previous diamond drilling on the property by Golden Valley Mines and Royalties Ltd. intersected anomalous copper (3020 ppm Cu) and zinc (2010 ppm Zn) over a downhole core intersection of 1.55 metres, hosted in a sericitized zone containing up to 2% disseminated pyrrhotite along the margins of a quartz-biotite dike.

On the Pascalis Ouest Prospect, a total of 87 samples were collected over 7 individual sample lines.

The Company will report in more detail about each of these properties once the results have been received and compiled during the course of the summer fieldwork season.

About Val-d'Or Mining Corporation

Val-d'Or Mining Corporation is a junior natural resource issuer involved in the process of acquiring and exploring its mineral property assets, most of which are situated in the Abitibi Greenstone Belt of NE Ontario and NW Quebec. To complement its current property interests, the Company regularly evaluates new opportunities for staking and/or acquisitions. Outside of its principal regional focus in the Abitibi Greenstone Belt, the Company holds several other properties in Northern Quebec (Nunavik) covering different geological environments and commodities (Ni-Cu-PGEs).

The Company has an expertise in the identification and generation of new projects, and in the early stages of exploration. The mineral interests are broad and range from gold, copper-zinc-silver, nickel-copper-PGE to industrial and energy minerals. After the initial value creation in the 100%-owned, or majority-owned properties, the Company seeks option/joint venture partners with the financial capacity to conduct more advanced exploration projects.

Contact:

Glenn J. Mullan

Tel: [phone]

Email: [e-mail]

Forward-Looking Statements

This news release contains certain statements that may be deemed 'forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made.

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