CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZA, OTC:DLRYF) (“Carlyle” or the “Company”) is pleased to release its first batch of drill results from the Cecilia Project, Sonora Mexico. The program consisted of a total of seven (7) drill holes, out of which results have been received for five (5) holes so far as reported below. Anomalous gold mineralization was intersected in all five drill holes, with the best intercept being 24.2 m of 1.51 g/t Au starting from only 2.30 m downhole at the North Breccia Target (CED21-005). A further 8.9 m of 0.64 g/t Au was intersected near the end-of-hole starting from 40.35 m. Assays remain pending for another slightly deeper drill-hole at the North Breccia Target (see Figure 1). This first phase drill campaign included mostly shallow drill-holes, which successfully demonstrate a well-developed hydrothermal system near surface, with significant room to extend mineralization both laterally and to greater depths with subsequent drilling.

CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZA, OTC:DLRYF) (“Carlyle” or the “Company”) is pleased to announce it has granted an aggregate of 2,790,000 stock options (collectively, the “Options”) to directors and consultants of the Company for the purchase of up to 2,790,000 Shares, pursuant to the Company’s Stock Option Plan. The Options are exercisable for a period of 5 years at an exercise price of $0.14 per Share. All of the Options vested on the date of grant.

CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZA, OTC:DLRYF) (“Carlyle” or the “Company”) is pleased to announce it has commenced its phase one drill campaign at The Cecilia Gold-Silver Project in Sonora, Mexico, as of Saturday February 6, 2021.

CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZA, OTC:DLRYF) (“Carlyle” or the “Company”) and its partner United Mineral Services Ltd. (“UMS”), a private company owned by Robert Dickinson, report the results of an initial three-hole core drilling program completed between September 14 and September 22, 2020 at their Mack copper-molybdenum-tungsten property (the “Mack Project”) located 23 km west of the village of Dease Lake, B.C., (“B.C.”). Amarc Resources Ltd., an affiliate of Hunter Dickinson Inc. (“HDI”), operated the drill program for Carlyle and UMS. Following the completion of the drill program, Carlyle and UMS will now form a 50:50 joint venture on the Mack Project.

CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZA, OTC:DLRYF) (“Carlyle” or the “Company”) is pleased to announce the start of its first drilling program at the Cecilia Project has been slated for early February 2021. The work program will test the un-drilled San Jose structure on the Cerro Magallanes target where recent sampling returned values up to 48.3 g/t gold over 0.75 m at surface (out of 21 samples; see press release of November 18, 2020 and website shows video of the project). As project operator, Riverside Resources has planned a total of 6 drill holes designed to test down to roughly 250 m in depth between 2,200 m and 1,900 m elevation over the Cerro Magallanes rhyolitic dome. This target is one out of five major targets on the 7,000 hectares (70 sq. km) claim block in the prolific gold and copper mining region of northern Sonora, Mexico.

CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZA, OTC:DLRYF) (“Carlyle” or the “Company”) is pleased to announce that its Board of Directors has approved an addition to its Advisory Board and has named accomplished and seasoned mining sector professional Mr. Sheldon Inwentash as its newest member.

CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZ, OTC:DLRYF) (“Carlyle” or the “Company”) is pleased to announce that it has entered into and closed (the “Closing”) an amalgamation agreement dated December 16, 2020 (the “Agreement”) with Isaac Mining Corp. (“IMC”), an arm’s length private British Columbia corporation, and 1269597 B.C. Ltd. (“NewCo”), a wholly-owned subsidiary of Carlyle, pursuant to which Carlyle acquired (the “Transaction”) all of the issued and outstanding securities of IMC by way of “three-cornered” amalgamation.

CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZ, OTC:DLRYF) (“Carlyle” or the “Company”) is pleased to announce that it has amended (the “Amendment”) the terms of an aggregate of 15,827,000 warrants (each, a “Warrant”) issued by the Company in connection with its non-brokered private placement which closed in three tranches on March 27, 2020, April 29, 2020, and May 15, 2020.

CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZ, OTC:DLRYF) (“Carlyle” or the “Company”) and its partner Riverside Resources Inc. (“Riverside”) are pleased to provide an update on the latest channel sample results received from the Cerro Magallanes targets at the Cecilia Project (the “Project”). Carlyle and Riverside find more high-grade gold at surface increasing confidence in the interpretation of the structural control for the mineralization. Surface work has helped Riverside define and detail a 7-hole drill program for 1,500 m over the primary structural zones at the San Jose, North Breccia and Central targets at the Project. Riverside is the operator providing Carlyle with field results and advancing the modeling of drill targets.

CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZ, OTC:DLRYF) (“Carlyle” or the “Company”) is pleased to announce it has received results from the latest geophysical survey that included 3.8 line-km of Induced Polarization (IP) in five lines across the Cerro Magallanes rhyolitic dome part of the Cecilia Project in Sonora, Mexico (the “Project”), where the Company has an option to earn a 100% interest from its partner Riverside Resources Inc. (“Riverside”).