GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Mr. Lozynsky brings to Goldbank a wealth of experience earned over four decades building value as an owner and manager of Canadian midstream oil and gas companies specializing in all facets of pipeline services including construction, integrity, maintenance and rehab. Jerry is the former president of JEDCO Energy Services Corp. and TESTCO Western Corp. Prior to founding JEDCO and TESTCO Mr. Lozynsky was Marine Pipeline’s project manager overseeing and responsible for massive projects valued up to $600 million throughout Canada for clients including TC Energy Corporation, Enbridge Inc., Pembina Pipeline Corporation and Nova Chemicals Corporation.

Mr. Lozynsky joins Goldbank’s Board of Directors with Mr. Frank Garofalo. Mr. Garofalo earned a Bachelor of Science from the Massachusetts Institute of Technology, a Master of Science from the University of Michigan and a Harvard MBA. Mr. Garofalo is a member of the MIT Venture Mentoring Service. Mr. Garofalo brings to Goldbank more than three decades of experience as a Management Consultant and Corporate Finance Advisor on special assignments for Chief Executive Officers and boards of directors, assisting companies of up to over $10 billion in size in technology driven markets across the U.S. and Europe.

Goldbank Mining Corporation is a Canadian exploration company ramping up exploration and development at its Leota Gold Project located in the historic Klondike placer gold fields near Dawson City, Yukon, Canada. The world class placer goldfields of the Klondike District have reportedly produced more than 20 million ounces of placer gold. Goldbank is searching for the hard rock source of the Klondike’s placer gold.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Mr. Garofalo brings to Goldbank more than three decades of experience as a Management Consultant and Corporate Finance Advisor on special assignments for Chief Executive Officers and boards of directors, assisting companies of up to over $10 billion in size in technology driven markets across the U.S. and Europe.

Mr. Garofalo’s experience in strategic, competitive and market analysis with an emphasis on positioning companies for maximum equity valuation is a welcome addition to Goldbank as it advances exploration and development of its Leota Gold Project in the Yukon’s historic and prolific Klondike Goldfields.

Mr. Garofalo’s professional career includes serving as Senior Vice President in the Investment Banking division of PaineWebber (now UBS) where Mr. Garofalo’s assignments included dozens of corporate development and finance projects featuring equity financings, mergers, acquisitions, divestitures and the establishment of joint ventures and strategic alliances. Mr. Garofalo earned a Bachelor of Science degree in Electrical Engineering from the Massachusetts Institute of Technology, a Master of Science degree in Computer Systems Engineering from the University of Michigan and a MBA from Harvard University. Mr. Garofalo is a member of the MIT Venture Mentoring Service.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold at its Leota Gold Project located in the historic Klondike placer Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Goldbank’s Leota Gold Project is comprised of 1,049 quartz (hard rock) mineral claims (totalling approximately 210 square kilometres (21,000 Ha)) located within 50 kilometers of Dawson City with excellent access by paved highway and existing roads servicing the robust placer mining in the Klondike Goldfields. The Leota Gold Project overlies the principle eastern ridges and tributaries of Hunker Creek, a famous placer-gold producing watershed in the Klondike Goldfields. Documented placer gold production from Hunker Creek is in excess of 4 million ounces of gold. The hardrock source of the Hunker Creek placer gold, and the substantial hard rock source of placer gold mined to date from the Klondike Goldfields and currently being placer mined from the rest of the Klondike Goldfields has not yet been discovered.

Mr. Beruschi’s private companies directly and indirectly own 2,384 quartz (hard rock) mineral claims totalling approximately 480 square kilometres (48,000 Ha) located both immediately adjacent to Goldbank’s Leota Project and throughout the Klondike Goldfields primarily in four property groupings.

The 2023 exploration season has commenced with ongoing testing of anomalies by mechanical trenching, continuing geological mapping utilizing previous and new results to identify drill targets and with plans to conduct Drone LiDAR and geophysical surveys over prospective areas on the property areas. Past, present and future exploration results will be confidentially shared between the parties.

Jim Boyce, President of Goldbank said “Our Exploration Data Sharing Agreement is an important step forward providing valuable information and insights as we explore and develop, focusing on our high priority gold targets in the Klondike Goldfields.” “We are very excited to bring together our years of knowledge and data to pin-point the most significant targets as we work to find the hard rock sources of the Klondike’s placer gold production.”

Mr. Beruschi holds, directly and indirectly, 35.84% of the issued and outstanding common shares of Goldbank on a non-diluted basis and is a “control person” of Goldbank. Mr. Beruschi is also a control person of Goldbank insider Blizzard Finance Corp. which owns 15.48% of the issued and outstanding common shares of Goldbank on a non-diluted basis. Mr. Beruschi has joined Goldbank as Vice President, Business Affairs. Goldbank has granted 6,996,000 options exercisable at $0.07 per share for a period of ten years. The options are granted pursuant to the Company's stock option plan and are subject to applicable regulatory hold periods.

Goldbank’s Leota Gold Project is subject to a 3% NSR. Goldbank is focused on exploration and development of its Leota Gold Project in the Klondike Goldfields and accordingly the Exploration

Data Sharing Agreement continues and affirms Mr. Beruschi’s rights to acquire additional mineral claims in the Klondike and Yukon Territory generally.
The technical content of this news release was reviewed and approved by Bohumil (Boris) Molak, PhD., P.Geo (BC), a qualified person under National Instrument 43-101.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the Klondike Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the Klondike Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the historic Klondike Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the historic Klondike Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the Klondike Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Participation by four insiders of Goldbank, for 18,428,572 units or $1,290,000, comprising 61.4% of the total amount raised, constitutes a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Goldbank is relying on the exemptions contained in sections 5.5(a) and section 5.7(1)(a) as the fair market value of the participation in the private placement by the insiders does not exceed 25 per cent of the market capitalization of Goldbank, as determined in accordance with MI 61-101. Goldbank’s board of directors and specifically the independent members of the board, as applicable, reviewed and approved the private placement subscriptions by the insiders. Goldbank did not file a material change report in respect of the related party transaction at least 21 days before closing of the private placement as the date of closing was not previously known.

The flow-through proceeds will be used for exploration on Goldbank’s Leota Gold Project in the famous Klondike Goldfields near Dawson City in the Yukon Territory, Canada. Non-flow-through proceeds will be used for working capital and existing liabilities. The terms of the financing have been accepted for filing by the TSX Venture Exchange. The units are restricted from trading until January 21, 2023.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the Klondike Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the Klondike Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the Klondike Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the historic Klondike Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the Klondike Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the Klondike Goldfields near Dawson City, Yukon, Canada.

For further information please e-mail jb@goldbankmining.com.

GOLDBANK MINING CORPORATION

PER: “James Boyce”       

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Exploration will focus on further definition and expansion of anomalies existing on its wholly owned Leota Gold Project, which detected distinct gold anomalies in the "C" soil horizon through soil sampling and mechanical trenching. Goldbank will also continue geological mapping utilizing previous and new results to identify drill targets.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the Klondike Goldfields near Dawson City, Yukon Canada on its 100% owned Leota Gold Project which comprise 1046 quartz hard rock claims. 

This news release has been reviewed and approved for technical content by R. Allan Doherty, B.Sc., P.Geo (BC), an independent Qualified Person for the purpose of National Instrument 43-101.

For further information please e-mail jb@goldbankmining.com. 

GOLDBANK MINING CORPORATION 

PER: “James Boyce” Suite 702 – 889 West Pender Street 

Vancouver, BC CANADA V6C 3B2 

JAMES BOYCE 

Telephone: 604.683.3288 

President & CEO Toll Free: 1.888.880.2288  Email: jb@goldbankmining.com 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. 

Goldbank is relying on BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance Requirements ("BCI 51-515") enacted by the British Columbia Securities Commission which provides relief consisting of a 45-day extension for certain regulatory filings required to be made on or prior to June 1, 2020 as a result of the COVI D-19 pandemic. 

Goldbank is relying on the temporary exemption pursuant to BCI 51-515 with respect to the following: 

• the requirement to file its annual financial statements within 120 days of its financial year-end as required by subsection 4.2(b) of National Instrument 51- 102 Continuous Disclosure Obligations ("NI 51-102");
• the requirement to file its annual MD&A within 120 days of its financial year-end as required by subsection 5.1(2) of NI 51-102;
• the requirement to file certifications of annual filings pursuant to section 4.1 of National Instrument 52- 109 Certification of Disclosure in Issuers' Annual and Interim Filings;
• the requirement to deliver of its annual financial statements as required by subsection 4.6(3) of NI 51- 102;
• the requirement to deliver its annual MD&A as required by subsection 5.6(3) of NI 51-102.

Goldbank's management and other insiders are subject to an insider trading black-out policy that reflects the principles in Section 9 of National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions. 

Goldbank continues to work diligently with its auditors and plan to complete the annual filings on or before May 8, 2020. 

Other than as disclosed herein or under Goldbank's profile on SEDAR, Goldbank confirms that there have been no material business developments since November 29, 2019, being the filing date of its last interim financial statements. 

For further information please e-mail jb@goldbankmining.com. 

GOLDBANK MINING CORPORATION 

PER: “James Boyce” Suite 702 – 889 West Pender Street 

Vancouver, BC CANADA V6C 3B2 

JAMES BOYCE 

Telephone: 604.683.3288 

President & CEO Toll Free: 1.888.880.2288  Email: jb@goldbankmining.com 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.