Winston Gold appoints Mr. Joseph Carrabba to Executive Chairman

WINNIPEG, Manitoba, July 24, 2019 (GLOBE NEWSWIRE) -- Winston Gold Corp. (“Winston Gold” or the “Corporation”) (CSE: WGC) (OTCQB: WGMCF) is pleased to announce that Mr. Joseph A. Carrabba, has been appointed to the position of Executive Chairman.

“As a Strategic Advisor, Mr. Carrabba proved to be an excellent fit with our team and a valuable addition to the company,” commented Mr. Murray Nye, CEO and Director of Winston Gold. “We are now very excited to appoint him to the position of Executive Chairman on our Board of Directors and believe his experience and guidance will help us advance Winston Gold’s namesake project through development and into production.”   

Mr. Carrabba has over 42 years of management and operational experience in the resource industry. He has served on boards of several listed companies including Newmont Mining, Key Bank, Lithium-X, Fura Gems. Mr. Carrabba is currently an active board member on NYSE-listed Timken Steel as well as TSX-listed AECON, and NioCorp.

His operational experience is extensive, having formerly served as President and Chief Operating Officer of Cliffs Natural Resources Inc., President and Chief Operating Officer of Diavik Diamond Mines, Inc. and General Manager of Weipa Bauxite Operation of Comalco Aluminum.

Mr. Carrabba spent much of his career working for multinational mining operations in North America, Australia, Latin America and Asia. His wide range of experience also includes working on Health and Safety and Environmental and Social Responsibility committees.

“I took on the role of Strategic Advisor, for the Company in November 2017 because I believed in the potential of the high-grade Winston gold project near Helena, Montana.  As the newly appointed Executive Chairman of Winston Gold, I intend to work towards transforming that potential into reality,” stated Mr. Carrabba.

About Winston Gold

Winston Gold is a junior mining company focused on advancing high-grade, low cost mining opportunities into production. Towards that end, the Corporation has acquired an under-explored and under-exploited gold/silver mining opportunity known as the Winston Gold project near Helena, Montana.

On behalf of the Board of Directors of the Company and for further information, please contact:

Murray Nye, Chief Executive Officer and a director of Winston Gold, at:

Suite 201-919 Notre Dame Avenue

Winnipeg, Manitoba, R3E 0M8

Telephone: (204) 989-2434

E-mail: murray@winstongold.com

The CSE has neither approved nor disapproved the information contained herein.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Winston Gold Mining Corp. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.