A Junior Resource Company With A Focus On Exploration And Development

WEB GoldMining Inc. Acquires Gold Assets in the Americas

A Junior Resource Company with a Focus on Exploration and Development

Acquisition Enhances WEB's Portfolio of Gold Assets

Vancouver, Canada - March 8, 2023 - WEB GoldMining Inc. (TSX Venture Exchange: GOLD) (OTC Markets: GLDLF), a mineral exploration company, is pleased to announce the acquisition of several gold assets in the Americas. These acquisitions significantly enhance WEB's portfolio of gold assets and position the company for future growth. The acquired assets include gold properties located in Canada, the United States, and Mexico. These properties have known gold mineralization and represent a significant opportunity for exploration and development. WEB plans to conduct extensive exploration programs on these properties to evaluate their potential for gold production. "These acquisitions represent a strategic addition to our gold portfolio," said Michael Ross, CEO of WEB GoldMining Inc. "We believe that these properties have the potential to host significant gold deposits, and we are excited to begin exploration activities to prove up their value." The acquisitions are part of WEB's ongoing strategy to build a leading gold exploration and development company in the Americas. WEB's experienced team of geologists and engineers has a proven track record of success in identifying and developing gold assets. "We are confident that these acquisitions will create value for our shareholders and position WEB as a leader in the gold sector," added Ross. About WEB GoldMining Inc. WEB GoldMining Inc. is a public mineral exploration company with a focus of building a leading gold acquisition and development company throughout the Americas. WEB GoldMining Inc a mineral exploration company focuses on the acquisition exploration and development of gold assets in the Americas. For further information, please contact: Michael Ross CEO, WEB GoldMining Inc. (604) 689-8060 mross@webgoldmining.com Disclaimer: This news release contains forward-looking statements. Forward-looking statements are inherently uncertain, and actual results may differ materially from those expressed or implied in such statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in commodity prices, changes in political and economic conditions, and changes in regulatory requirements. WEB GoldMining Inc. does not undertake any obligation to update forward-looking statements, except as required by law.