Norden Crown Metals : Commences Exploration At The Burfjord Copper-gold Project, Norway

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NEWS RELEASE

August 2nd, 2021

NORDEN CROWN COMMENCES EXPLORATION AT THE

BURFJORD COPPER-GOLD PROJECT, NORWAY

Vancouver, B.C., August 2nd, 2021. Norden Crown Metals Corp. ("Norden Crown" or the "Company") (TSXV:NOCR, OTC:NOCRF, Frankfurt; 03E) is pleased to announce the commencement of a field exploration program, including mapping, prospecting, sampling, airborne geophysics and a ~2,500 metre diamond drill program, at its 100% owned Burfjord Project ("Burfjord" or the "Project") in northern Norway. Norden Crown, in partnership with Boliden Mineral AB ("Boliden"), will continue to advance the numerous geological, geochemical, and geophysical target anomalies identified during the successful 2020 exploration programs. The objective of the 2021 Burfjord exploration program is to continue to test the copper-goldgrades and continuity of new targets, historical mines, and prospects. Previous drilling by Norden Crown (see March 20, 2019 News Release) returned compelling drill results from Burfjord, including an intercept of 32 metres averaging 0.56% copper and 0.26 g/t gold (including 3.46 metres of 4.31% copper and 2.22 g/t gold) at shallow depths below a group of historic mine workings1, 2. Historical drilling on the Project was reported to have

returned 7.0 metres averaging 3.6% copper3.

Patricio Varas, Chairman and CEO of Norden Crown stated, "The joint Norden-Bolidenteam is working closely with newly collected structural, lithological, geochemical and initial TEM geophysical data which suggest the large and intense IOCG alteration footprint at Burfjord, with its numerous copper mineralized outcrops and large EM conductors, has excellent potential to discover a copper deposit of significance". "It's partnership with Boliden has significantly reduced Norden Crown's financial risk inherent in exploring a large land position. With Boliden funding the Project, Norden Crown can conduct systematic exploration programs that optimize the potential to identify economic mineral deposits. We believe this provides value to our shareholders."

11. Intercept reported as seen in drill core. The true width is estimated at 85-100% of the reported interval.

1. See Norden Crown's March 20, 2019 News Release for discussion of analytical methods, QA/QC and core handling protocols.
2. Source: NGU Deposit Factsheet, Deposit Area 1943-010, 1997. Norden Crown's property reviews have confirmed the geologic setting and occurrence of mineralization on the Project and considers the historic exploration data to be relevant as reported in public disclosures and government reports.

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2021 Exploration Program

The 2021 Burfjord exploration program consists of diamond drilling, mapping, prospecting, outcrop sampling, airborne magnetic and ground electromagnetic geophysical surveys (see below). Norden Crown has engaged and deployed the necessary field crews as well as the drilling and geophysical service providers to execute the fully funded and permitted exploration program.

Surface Geological Mapping and Sampling

Norden Crown has deployed field teams to conduct mapping, sampling and prospecting of the Burfjord claims in order to enhance geological targets identified in 2020. This work is expected to take approximately one month to complete. Results from the geological and alteration mapping and sampling of these targets will be used to contextualize ground and airborne geophysical data that will be collected in the 2021 Burfjord exploration program (see below) with the ultimate aim of defining drill targets.

UAV Magnetic Geophysics

Norden Crown has engaged GRM Geophysics (Finland) to conduct a UAV airborne magnetic survey covering the entire Burfjord land position. The survey includes approximately 857 line kilometres of magnetic geophysics. Survey lines have been laid out at 100 metre line spacing with tie lines at 1000 metre spacing. The work will be completed over a period of approximately 3-4 weeks depending on weather conditions. The survey will be flown with a quadcopter carrying a GEM-GSMP35 potassium magnetometer. A GEM GSM19 Overhauser magnetometer will be used as a basestation.

Fixed Loop Transient Electromagnetic (TEM) Geophysics

Norden Crown has also engaged GRM Geophysics (Finland) to conduct approximately 30 line kilometres of TEM Geophysics on prioritized targets on Burfjord. The survey includes 5 loops and builds upon the TEM data collected in 2020 (1 survey loop), which

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identified a high-priority conductor measuring 1,900 metres between high grade copper targets at Gamlegruvan and A-Gruva (Figure 1). TEM loops at Burfjord are strategically positioned along the axis of the Burfjord Anticline to identify conductive copper targets

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Figure 1. Location of planned exploration activities at the Burfjord Project, northern Norway.

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across all the high-priority prospects (Figure 1). The results from TEM resistivity- conductivity data will enhance Norden Crown's geological interpretations and will be used to track copper and gold associated sulphide mineralization at depth and to increase confidence in the planned exploration drilling targets.

Diamond Drilling

Norden Crown has engaged Arctic Drilling NOR (Norway) to complete ~2,500 metres of diamond drilling (expected to commence early August, 2021) with the objective of expanding the footprint of mineralization identified in 2019 (see March 20, 2019 News Release) and to test additional geological, geochemical and geophysical targets identified in the 2020 field programs. Previous drilling at Burfjord by Norden Crown intercepted 32 metres averaging 0.56% copper and 0.26 g/t gold (including 3.46 metres of 4.31% copper and 2.22 g/t gold) at shallow depths below a group of historic mine workings2. Historical drilling on the Project is reported to have returned 7.0 metres averaging 3.6% copper3. The summer 2021 diamond drilling program is designed to follow up on 3 holes (970.5 metres) drilled in the Peninsula and Gamle Gruva target areas that were terminated due to logistical complications caused by inclement winter weather conditions and restrictions imposed by Covid-19 safety measures.

Burfjord Joint Venture Terms

Norden Crown entered into an option agreement (the "Agreement") with Boliden in respect to Burfjord (see June 10, 2020 News Release). In order to earn its 51% interest in the Project, Boliden must fund 100% of the exploration programs by spending US$6 Million over the next four years.

Overview of the Burfjord Project

The Project, located in the Kåfjord Copper Belt near Alta, Norway is highly prospective for Iron Oxide Copper Gold (IOCG) and Sediment Hosted Copper mineral deposits. High-gradecopper-gold veins at Burfjord that were historically mined (pre 20th century) at reported cutoff grades of 3-5% Cu are surrounded by envelopes of stockwork veins or disseminations of copper mineralization extending tens to hundreds of metres

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