Mr. Michael Hopley reports

DRILLING UPDATE FROM AZARGA METALS' UNKUR COPPER-SILVER PROJECT

The continuing diamond drilling program on Azarga Metals Corp.'s Unkur copper-silver project in eastern Russia is making good progress with over 1,000 metres completed to date of the 6,000-metre program. Two recent drill holes numbered AM19-002 and AM19-003b which were drilled at Unkur Southeast target, two kilometres southeast of the current inferred resource intercepted copper sulphide mineralization. This is an area that was identified by the recently completed magnetic survey and appears to verify the interpretation that mineralization at Unkur is located between magnetic highs and magnetic lows (see details in the Oct. 17, 2019, news release).

Dr. Alexander Yakubchuk, vice-president of exploration, observed the core from these two drill holes and said: "The copper sulphide seen in drill holes AM19-002 and AM19-003b are encouraging and appear to support our interpretation of the recent geophysical surveys. If the assay results show significant copper and silver grade, this will extend the known envelope of mineralization quite some distance to the southeast at Unkur and bodes well for the drilling of other areas extending over several kilometres identified as drill targets in the magnetic survey."

The copper sulphide minerals seen in drill holes AM19-002 and AM19-003b are dominated by chalcopyrite visually logged between 310 to 355 metres (45-metre interval) in drill hole AM19-002 and between 158 and 210 metres (52-metre interval) in AM19-003b, with bornite and chalcocite also observed over narrow intervals of five metres in each of the holes. These two holes were drilled on the same cross-section and the thicker intersection of mineralization seen in AM19-003b suggests that the mineralized zone is becoming thicker up-dip -- closer to the surface. The Unkur Southeast mineralization seen in these holes is interpreted by Azarga Metals' geological staff as occurring at the same stratigraphic level as zone 1 in the current inferred resource which was emplaced at the top of the magnetite-enriched sandstone and is therefore interpreted as a southeastern extension of zone 1.

First assays from the current Unkur drilling program are expected to be received in mid-December, 2019, and given the scale of the overall program, drilling is expected to continue through the first quarter of 2020.

121 Mining Investment London

Michael Hopley (president and chief executive officer) and Dr. Alexander Yakubchuk (vice-president of exploration) will be meeting investors at the 121 Mining Investment conference in London on Nov. 20 and Nov. 21.

Qualified person

Azarga Metals' president and CEO, Michael Hopley, a qualified person as defined by National Instrument 43-101, verifies the data disclosed and has reviewed and approved the disclosure contained in this press release.

About Azarga Metals Corp.

Azarga Metals is a mineral exploration and development company that owns 100 per cent of the Unkur copper-silver project in the Zabaikalsky administrative region in eastern Russia. On completion of a first phase physical exploration program in 2016 to 2018, the company estimated an inferred resource of 62 million tonnes at 0.53 per cent copper and 38.6 grams per tonne silver for the project in the report entitled "Technical Report and Preliminary Economic Assessment for the Unkur Copper-Silver Project, Kodar-Udokan, Russian Federation" dated effective Aug. 30, 2018, authored by Tetra Tech Mining & Minerals. The resource remains open in both directions along strike and down-dip.