Kingsview Minerals Ltd. (CSE: KVM) (FSE: 0L4) (the 'Company' or 'Kingsview') is pleased to announce results from Phase 1 exploration, including surface sampling and geophysical surveying, at the Company's Echum Project, south of Alamos Gold's Island Gold Project in the fast-growing Wawa Gold Corridor of northern Ontario.

Ground IP (Induced Polarization) surveying generated numerous targets, including one that coincides with a large anomaly identified in the 2021 VTEM (Versatile Time Domain Electromagnetic) survey. The Company also received encouraging field sampling results such as grab sample E504550, which graded 3.21 grams per tonne ('g/t') Gold ('Au') and 3.00 g/t Silver ('Ag), with anomalous copper and zinc values.

2023 IP Survey & Upcoming Drill Program

In March 2023, Kingsview completed a ground-based IP survey. The survey followed up on the large conductor target identified in the October 2021 airborne VTEM survey carried out over the Echum Project on three priority lines oriented perpendicular to the interpreted orientation of the conductor. Multiple priority targets were uncovered from the survey.

About Kingsview Minerals Ltd.

Kingsview is a mineral exploration company focused on its gold and base metal exploration properties, including the flagship Echum Project and the Hubcap Project, located in the active Wawa Gold Corridor in Ontario, Canada. The Company's properties are surrounded by advanced infrastructure in a well-developed mining district. Kingsview will draw on its strong technical team with significant exploration success to advance its properties.

Contact:

Email: investors@kingsviewminerals.ca.

This press release contains forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results and future events could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements include words or expressions such as 'proposed', 'will', 'subject to', 'near future', 'in the event', 'would', 'expect', 'prepared to' and other similar words or expressions. All statements other than statements of present or historical fact are forward-looking statements and include but are not limited to statements regarding the potential that the projects will yield any precious metals in future exploration programs and the Company's ability to advance its properties.

Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include the Company's ability to implement a drill program on the projects, that the Company will have sufficient funds available to it and that the Company will continue to be able to retain skilled personnel. Factors that could cause future results or events to differ materially from current expectations expressed or implied by the forward-looking statements include general business, economic, competitive, political and social uncertainties; the state of capital markets; there being no assurance that any future exploration program on the projects will result in mineral resources; the inability of the Company to raise sufficient funds and/or retain necessary personnel to conduct its operations; the impact on the business, operations and financial condition of the Company resulting from the announcement of the purchase of the projects; the impact that the recovery post COVID-19 may have on precious metals; failure to realize the anticipated benefits of the transaction described in this press release; other unforeseen events, developments, or factors causing any of the aforesaid expectations, assumptions, and other factors ultimately being inaccurate or irrelevant and any risks associated with the ongoing COVID-19 pandemic.

You can find further information with respect to these and other risks in filings made with the Canadian securities regulatory authorities that are available on the Company's SEDAR profile page at www.sedar.com. The Company disclaims any obligation to update or revise these forward-looking statements, except as required by applicable law.

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