Starr Peak Exploration Ltd. ('Starr Peak' or the 'Company') (TSX VENTURE: STE) (OTC:STRPF) is pleased to announce drilling exploration is underway on the Main bloc of its NewMetal property ('NewMetal' or 'the Property') covering the past-producing Normetal Mine, from which 10.1M tonnes of 2.15% Cu, 5.12% Zn, 0.549 g/t Au, and 45.25 g/t Ag were produced (Boivin, 1988) and the Normetmar showing. Initial targets are focussing on the Normetmar mineralization showing trend at depth.

Johnathan More, Chairman and CEO, of Starr Peak commented, 'After months of preparation through historic data gathering and modern geophysics we are pleased to initiate our 2021 drilling program on our highly-prospective Newmetal property, neighbouring Amex Exploration's Perron project. Our initial targets are focused on historically drilled and known mineralization showing trend at depth. It is always exciting when you are drilling between a major new discovery and a massive past-producing mine.'

Contact:

Tel: 646-661-0409

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking information based on current expectations, including the use of funds raised under the Offering. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, Power Metals assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forwardlooking statements are based are reasonable, undue reliance should not be placed on the forwardlooking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to several factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedar.com. This press release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

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