Energold Announces Appointment of New Chief Financial Officer

Trading Symbol: "EGD: TSX.V"

VANCOUVER, Nov. 23, 2018 - Energold Drilling Corp. (EGD: TSX.V) ("Energold" or "the Company" or "Energold Group") announces the resignation of Steven Gold as Chief Financial Officer and the appointment of Jerry Huang as the new Chief Financial Officer of the Company.

The Company would like to thank Mr. Gold for his service and congratulate Mr. Huang on his appointment.

Mr. Huang has been with Energold in various investor relations and corporate development roles since 2012. Mr. Huang started his career at a Tier 1 bank in Canada managing over $100 million for private clients before joining executive roles at prominent junior mining companies with joint venture on multi-billion-dollar projects with groups such as Goldcorp and McEwan Mining.  Subsequently, he was Vice President of International Lithium, one of the first lithium companies on the TSX Venture Exchange, and in 2010 received a landmark strategic IPO funding from the largest battery company in China.  Since 2012, he has served in corporate development and investor relations roles with Impact Silver Corp., and most recently appointed Chief Financial Officer in February 2018.  Mr. Huang graduated with a Masters of Business Administration from the University of British Columbia with exchanges at JiaoTong University in Shanghai and Europe and is completing the Chartered Professional Accountant designation. Since 2008, Mr. Huang has been part of over $100 million equity raised for junior resource and technology companies from equities and debt.

About Energold Drilling Corp.

Energold Drilling Corp. is a leading global specialty drilling company that services the mining, energy, infrastructure, geothermal, water and manufacturing sectors in 25 countries. Specializing in a socially and environmentally sensitive approach to drilling, Energold provides a comprehensive range of drilling services from early stage exploration to onsite operations as well as manufacturing.

On behalf of the Directors of Energold Drilling Corp.,

"Frederick W. Davidson"

Frederick W. Davidson
President, CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to proposed activities, work programs and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the effects of general economic conditions, a reduction in the demand for the Company's drilling services, the price of commodities, changing foreign exchange rates, actions by government authorities, the failure to find economically viable acquisition targets, title matters, environmental matters, reliance on key personnel, the ability for operational and other reasons to complete proposed activities and work programs, the need for additional financing and the timing and amount of expenditures. Energold Drilling Corp. does not assume the obligation to update any forward-looking statement.

SOURCE Energold Drilling Group