Generic Gold Identifies Multiple Drill Targets and Announces 7,500 Metre Drill Program on Belvais Project, Quebec

Toronto, Ontario-(Newsfile Corp. - May 6, 2021) - Generic Gold Corp. (CSE: GGC) (FSE: 1WD)(OCTQB: GGCPF) ("Generic Gold" or "Generic" or the "Company") is pleased to announce a 7,500 m drill program on its Belvais project, located in the Abitibi Greenstone Belt of Quebec along the Normetal Fault Zone. This large, fully funded drill program is planned to begin in May and will target both orogenic gold and gold-rich VMS targets. The program will be completed in two phases, with an initial 3,000 metres drilled in Phase 1 and a 4,500 metres follow-up program completed in Phase 2 following receipt of assays. Drill targets were generated following compilation of all available data, including recently completed VTEM and soil sampling surveys as well as historical drilling and geophysical work. As shown in Figure 1, the Belvais project lies directly south-east of Amex Exploration's Perron Project, which recently announced a new high-grade gold discovery (the 210 Zone) along the Normétal Fault (Amex Press Release dated February 17^th, 2021), and is also directly east and south-east of Starr Peak's Newmétal Project, which recently announced high-grade VMS mineralization on their Normetmar target (Starr Peak Press Release dated May 4^th, 2021). Both of these new discoveries occur along the prolific Normétal Fault which is of particular significance for Generic Gold, as the Company holds over 20 km of the Normétal Fault on its Belvais claims and is one of the largest land holders in the area with 12,563 hectares.

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