Battle North Gold Corporation provided an update on its 2021 construction plans for the Bateman Gold Project. Battle North is advancing its shovel-ready Bateman Gold Project to become the next gold producer in the Red Lake gold mining camp. The company's Board of Directors have approved construction of the Project as described in the Feasibility Study1, including the 2021 construction budget. The company anticipates spending approximately CAD 59.1 million towards initial capital development in 2021, including underground development, construction of an ammonia reactor, upgrades to the tailings management facility ("TMF"), camp and mill and the purchase of stationary and mobile equipment. As of January 31, 2021, Battle North has spent approximately CAD 4.0 million on critical path construction items, as described below. The company also plans to spend approximately CAD 17.8 million on capitalized operating cost expenditures in 2021, including continued infill drilling, site maintenance and underground development. As previously disclosed, on December 22, 2020 Battle North signed a commitment letter for a USD 40 million credit facility with Macquarie Bank Limited ("Credit Facility"). The Credit Facility, in concert with strong cash balance, is expected to fully fund the Bateman Gold Project to Commercial Production.