Item 1.01 Entry into a Material Definitive Agreement.

On December 27, 2019, Joshua Gold Resources executed an Agreement with four sellers (collectively, the "Sellers" and each a "Seller"), each of whom owned a 25 percent interest in certain leased property located in the Davis Township in northern Ontario, Canada, known by the name "King Solomon's Mines" (the "Property"), by which the Company purchased all of the Sellers' interest in the Property, in exchange for 8 million "unregistered" and "restricted" shares of the Company's common stock together with a two percent net smelter royalty.

Under the terms of the Agreement, the Sellers also granted to the Company the option to purchase 50 percent of this net smelter royalty for 2 million Canadian dollars, exercisable at any time.

A copy of the Agreement is attached hereto as Exhibit 10 and is incorporated herein by reference. The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the exhibit hereto.

Item 7.01 Regulation FD Disclosure.

On January 15, 2020, the Company disseminated a press release with respect to its purchase of the Property as outlined under the heading "Entry into a Material Definitive Agreement" above. See Item 9.01, Exhibit 99.

The information contained in this Item 7.01 and in Exhibit 99 is being furnished, and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liability under such Section 18. Furthermore, the information

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contained in this Item 7.01 and in Exhibit 99 shall not be deemed to be incorporated by reference into our filings under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act.

Item 9.01 Financial Statements and Exhibits.




Exhibits:


Exhibit No.

Description of Exhibit


  10

Agreement for the purchase of the Property

99

Press release dated January 15, 2020.

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