Osprey Gold Development Ltd. Reports Earnings Results for the Second Quarter Ended May 31, 2020

Osprey Gold Development Ltd, formerly Gonzaga Resources Ltd, is a Canada-based company, which focuses on Nova Scotia's gold mines. The Company also focuses on building a portfolio of gold projects. The Company's projects include Goldenville, Miller Lake, Gold Lake and Lower Seal Harbor. Its Goldenville Property is located in St. Mary's District, Guysborough County, approximately 135 kilometers northeast of Halifax and 60 kilometers south of Antigonish. It has an historic NI 43-101 inferred resource that includes over 240,000 ounces of gold. It has three mineral titles totaling approximately 970 hectares in northeastern peninsular Nova Scotia. Its Miller Lake project is approximately 14 kilometers from Goldenville. Its Lower Seal Harbour project is situated in Guysborough County, Nova Scotia, and is located approximately 35 kilometers from Goldenville. Gold is found in this property in both the veins and the host rocks.