News Release

Calgary, Alberta, Dec. 1, 2021 – Long Range Exploration Corporation (“LREX” or the “Company”) is pleased to announce that it has signed an Engagement Agreement with Longford Exploration Services Ltd. to prepare a technical report in compliance with the National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”).

Longford Exploration is a Vancouver-based exploration services company that provides turnkey solutions to the global mineral exploration and resource communities. Mr. Luke van der Meer, Vice President of Exploration, has been appointed the qualified person who is responsible for preparing the Technical Report and completing inspection on the Simms Ridge Property in Newfoundland.

Darrell Brown, Chief Executive Officer of LREX commented, “We are pleased to have Longford Exploration as our service provider for the preparation of the NI 43-101 Technical Report. We are excited to get this study underway for the Simms Ridge Property as it is a significant step forward for the Company.”

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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