Golden Lake Exploration Inc. announced the resignation of Mark Lotz as the Chief Financial Officer, Corporate Secretary and a director of the Company, effective immediately. Mr. Lotz will be leaving the Company to pursue new opportunities; however, will continue to provide consulting services to the Company. Golden Lake also announced the appointments of Michael England as the Chief Executive Officer and President of the Company and of John Masters as Chief Financial Officer, Corporate Secretary and a director of the Company, effective immediately.

Mr. Dušan Berka has stepped down as the Chief Executive Officer and President of the Company; however, will remain with the Company as a director. Mr. England is a director of the Company and has been involved in the public markets for over 35 years. Mr. Masters brings over a decade of experience working with public companies.

He has served as Director, Chief Financial Officer and Corporate Secretary for numerous public companies primarily in the junior mining industry, giving him a truly diverse knowledge base in the administration field. Mr. Masters will also serve on the audit committee of the board of directors.