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WestKam Gold Corp. Provides Update

Vancouver, BC, Dec. 08, 2022 (GLOBE NEWSWIRE) — WestKam Gold Corp. (TSX-V: WKG) (the “Company” orWestKam”), reports that the Company has allowed the 8 claims which comprise the Bonaparte Project to revert back to the Crown. The Company is presently doing due diligence on several other projects, although there are no assurances that any of the other projects currently under review will meet management’s criteria for potential acquisitions or that they can be acquired on terms acceptable to the Company. The Company will provide shareholders with updates on the status of these opportunities if and when material information becomes available.

ON BEHALF OF THE BOARD OF DIRECTORS

Peter Laipnieks                        

Peter Laipnieks, President & CEO
        

WestKam Gold Corp.
Suite 900, 570 Granville Street
Vancouver, BC V6C 3P1
Contact:Investor Relations
ir@westkamgold.com
www.westkamgold.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking information

All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.

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