Winston Gold Mining Corp. Extends Lease Over Winston District Gold Project

WINNIPEG, MANITOBA – MAY 24, 2016 – Winston Gold Mining Corp. (“Winston Gold” or the “Company”) (CSE: WGC) is pleased to announce that the Company, its wholly owned subsidiary Winston Gold Mining USA Corporation and Winston Realty LLC (the “Lessor”) have amended the mining lease agreement entered into on July 15, 2014 (the “Lease”) over mineral claims constituting the Winston District Gold Project in Broadwater County, Montana (the “Property”).

In consideration of US$40,000 and an advanced royalty payment of US$5,000 monthly, payable to the Lessor, the term of the Lease has been extended until July 15, 2034.  Winston Gold has also acquired five additional claims in the region to form part of the Property, in consideration of the payment of 1,500,000 common shares in the capital of the Company to the Lessor.  Additionally, Winston Gold acquired an option to purchase all subsurface rights made the subject of the Lease as well as 100 acres of land held by the Lessor for a purchase price of US$2,000,000, exclusive of applicable sales and transfer taxes or other registration fees and charges.  The Lessor has retained a right to buy back all rights and terminate the Lease for US$1 in the circumstance where there is a cessation of all mining, mineral exploration, and mineral processing activities for a consecutive period of five years.

For further information please contact Murray Nye, Chief Executive Officer and a director of Winston Gold, at:
Suite 201-919 Notre Dame Avenue
Winnipeg, Manitoba, R3E 0M8
Canada

Telephone: (204) 989-2434
E-mail: murray@winstongold.com

Neither Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.