Lida Acquires Strategic Land Position Between the Past Producing San Vicente and Quiruvilca Mines in Peru

VANCOUVER, BC, July 20, 2020 /PRNewswire/ – Lida Resources Inc. (“Lida” or the “Company“) is pleased to announce that it has acquired a strategically important land position between its wholly-owned San Vincente and Quiruvilca Mines in Santiago de Chuco, La Libertad, Peru. The Company’s expanded land holdings are comprised of 13 additional properties (the “New Properties“) which are expected to provide the Company with additional prospective ground for exploration and further operational flexibility. The New Properties were acquired for an aggregate of US $8,500 cash.