Caldas Gold Corp. (TSX-V: CGC) announced today that it has partnered with local community leaders, Gran Colombia Gold Corp. and Angelitos de Luz, a local charitable foundation, to provide much needed support to vulnerable low-income families in the local mining communities of Marmato, Supia, Riosucio, Segovia and Remedios during the national quarantine in Colombia as the country fights to contain the spread of COVID-19 including:

• The donation of food by Caldas Gold for 5,000 families in Marmato, Supia and Riosucio;
• The donation of food by Gran Colombia for 7,000 families in Segovia, Remedios and the Antioquia communities;
• The provision of medical and hospital supplies which will serve to improve contingency care for COVID-19 in the hospitals in the Municipality of Marmato as well as in Segovia, Remedios and Yolombo in the department of Antioquia;
• The supply of 3,000 kits including face masks, liquid soap and antibacterial gel to security forces, formalized miners, vulnerable families and the city halls of the municipalities of Segovia, Remedios and Marmato;
• Gran Colombia has joined the Protect the Wonderful Gift of Life campaign at the Universidad Pontificia Bolivariana and the Clinica Universitaria Bolivariana to donate beds and biomedical equipment for the implementation of six intensive care units; and
• The supply of over 200,000 litres of water through tank truck service to the most vulnerable neighbourhoods in Segovia and Remedios.

Caldas Gold will continue to monitor developments in the situation and revise its response plans accordingly.

About Caldas Gold Corp.

Caldas Gold is a Canadian junior mining company currently advancing a prefeasibility study for a major expansion and modernization of its underground mining operations at its Marmato Project in the Department of Caldas, Colombia with mineral resources of 2.0 million ounces of gold in the Measured and Indicated categories and 3.3 million ounces in the Inferred category. A Preliminary Economic Assessment study (Preliminary Economic Assessment Report, Marmato Project, Colombia, dated February 6, 2020 completed by SRK Consulting (U.S.), Inc.) is available on the Company’s SEDAR profile at www.sedar.com.