August 26, 2020, Vancouver, BC -- Heatherdale Resources Ltd. ("Heatherdale" or the "Company") (TSXV: HTR) is pleased to announce that it has appointed Susan Neale and Sheryl Dhillon as Chief Financial Officer and Corporate Secretary, respectively. Mark Peters and Trevor Thomas have resigned from their position as Chief Financial Officer and Corporate Secretary, respectively, to focus on other business interests.

"On behalf of the Board of Directors, I would like to express my gratitude to Mark and Trevor for the years of service to the Company, particularly over the recent months as we've transitioned to our new management and vision. We wish them well in their future endeavors," said Rob McLeod, CEO of Heatherdale Resources Ltd. "I have previously worked for many years with Susan and Sheryl and know that our shareholders will be well-served by their extensive experience with Mining and Exploration Companies."

Susan Neale, Chief Financial Officer

Ms. Neale has over 20 years of experience in the resource sector as Chief Financial Officer for various domestic and international public junior exploration to mid-cap development and producing mining companies. She has extensive business experience with senior management, complex transactions, corporate finance, financial reporting, governance and regulatory compliance. Most recently, she held the CFO position with IDM Mining Ltd, that was acquired by Ascot Resources Ltd. Additionally, Ms. Neale is an active volunteer, currently as President and Director of the Women in Mining Association of BC and former President and Director of the Vancouver Youth Symphony Orchestra.

Sheryl Dhillon, Corporate Secretary

Ms. Dhillon has over ten year of experience as a Corporate Secretary for mineral exploration and development Companies, operating in multiple jurisdictions. She has extensive knowledge of corporate governance and regulatory matters, as well as equity transactions and M&A. Her strong management and organizational skills coupled with excellent corporate communication abilities have compounded her excellent reputation. Ms. Dhillon acts as Corporate Secretary for several TSX, TSX.V and CSE listed companies.

In addition to his role as CEO, Rob McLeod was appointed President and Edie Thome, an independent director, was appointed Lead Director.

About Heatherdale

Heatherdale Resources Ltd. owns 100% of the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska. For more information on Heatherdale, visit the Company's website at www.heatherdaleresources.com.

On behalf of the Board of Directors

"Robert McLeod"

Robert McLeod, P.Geo
President, CEO and Director

For more information, contact:

Rob McLeod
604-617-0616 (Mobile)
604-343-2997 (Office)
rm@bwcg.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements:

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release. Forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, market volatility; the state of the financial markets for the Company's securities; and changes in the Company's business plans. In making the forward looking statements in this news release, the Company has applied several material assumptions that the Company believes are reasonable, including without limitation, that the Company will continue with its stated business objectives. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. The Company seeks safe harbor.

For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.