News Release

Calgary, Alberta, Aug. 30, 2022 – Long Range Exploration Corporation (“LREX” or the “Company”) is pleased to announce that it has appointed Mr. Colin James Davies as Vice President of Exploration and a member of the Company’s Board of Directors.

Mr. Davies is a structural geologist with almost 40 years of work experience in gold exploration discovery across the globe. He holds a BSc (honours) degree in Geology from the University of Cardiff followed by 3-years of post-graduate research at Leeds University, UK. Colin is a senior executive with broad-based international experience in exploration, business development, acquisitions, and planning. He has worked with numerous junior and senior mining and exploration companies over his career.

Darrell Brown, Chief Executive Officer of LREX, commented, “We are extremely pleased to have Colin join our Company as Vice President Exploration and Director. His experience and career accomplishments are a welcome addition to the Company and will have an immediate impact to strengthen our team. His enthusiasm of the exploration potential for the Simms Ridge Property is something we share with Colin.”

Colin Davies, Director & VP Exploration of LREX, commented, “The opportunity to work in Newfoundland on structurally controlled orogenic gold deposits is a dream come true. With the recent consolidation of the Simms Ridge Property claims package, the Company can now systematically assess the numerous gold showings into a working tectonic model to find the next gold discovery in this very prospective terrane.”

About Long Range Exploration Corporation

Long Range is a Calgary-based mineral exploration company focused on the discovery and development of structurally controlled orogenic gold projects in Newfoundland, Canada. The Company is presently concentrating its efforts on its wholly owned Simms Ridge Property immediately south of Pollard’s Point, located within the Humber Zone of the Newfoundland Appalachian Mountain Belt. Learn More.

Cautionary Note Regarding Forward-Looking Statements

This news release may contain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company’s mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.

CONTACT: Howie Wakeham, Director & VP Corporate Development, +1 403-847-9911

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