Deep-South Confirms SEDAR Filing of its Updated Preliminary Economic Assessment Report on Haib Copper in Namibia

(TheNewswire)

Vancouver, B.C., Canada – TheNewswire - February 1, 2021 – Deep-South Resources Inc. ("Deep- South" or “the Company") (TSXV:DSM), (FRA:DSD) announces that the December 2020 updated Preliminary Economic Assessment report (PEA) on the Haib Copper project in Namibia has been filed on SEDAR. The report is accessible at www.sedar.com and on the Deep-South website at www.deepsouthresources.com.

About Deep-South Resources Inc.

Deep-South Resources Inc. is a mineral exploration company largely held by Namibian shareholders and Management - Directors with 14% and Teck Resources Ltd with 16% of Deep-South share capital.

About Deep-South Resources Inc.

Deep-South Resources Inc. is a mineral exploration company largely held by Namibian shareholders and Management with 14% and Teck Resources Ltd with 16% of Deep-South share capital. Deep-South currently holds 100% of the Haib Copper project in Namibia, one of the largest copper porphyry deposits in Africa. Deep-South’s growth strategy is to focus on the exploration and development of quality assets, in significant mineralized zones, close to infrastructure, in stable countries.

This press release contains certain "forward-looking statements," as identified in Deep- South’s periodic filings with Canadian Securities Regulators that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. 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.

More information is available by contacting Pierre Léveillé, President & CEO at

+1-819-340-0140 or at: [email protected] or Paradox Public Relations at +1-514-341-0408

Copyright (c) 2021 TheNewswire - All rights reserved.

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