Mr. Jason Kosec reports

HEMLO MINING CORP. COMPLETES IMPACT BENEFIT AGREEMENT WITH BIIGTIGONG NISHNAABEG

Hemlo Mining Corp.'s wholly owned subsidiaries, Hemlo Mining Operating Corp. and Williams Operating Corp., have completed an impact benefit agreement (IBA) with Biigtigong Nishnaabeg (BN) in relation to the Hemlo mine.

The IBA includes mechanisms for financial participation, contracting and employment opportunities, capacity funding for a range of community priorities, as well as mechanisms for discussing environmental and other implementation matters. The IBA provides a structured framework for the life of the mine.

Jonathan Awde, executive chair of Hemlo Mining, commented: "Reaching this agreement is an important milestone for Hemlo Mining and for our relationship with Biigtigong Nishnaabeg. We are grateful to Biigtigong Nishnaabeg leadership for their partnership, and we are committed to honouring this agreement over the full life of mine. We look forward to a long and mutually beneficial relationship with the community."

About Hemlo Mining Corp.

Hemlo Mining is a Canadian gold producer focused on operating and enhancing the Hemlo gold camp in Northwestern Ontario. The company's flagship asset, the Hemlo gold mine, has produced approximately 25 million ounces of gold since 1985 from both underground and open pit operations. The company's fit-for-purpose strategy is centred on maximizing the value of the mine through improved operating efficiency, production growth and mine life extension. Hemlo Mining is led by an experienced team with a record of value creation in the global mining sector.

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