Board Update

NEWS RELEASE

Board Update

January 5, 2016 TSX-V: DMR

DAMARA GOLD CORP. (TSX-V:DMR) (“Damara” of the “Company”), announces that Mr. William Deluce, has resigned effective January 3, 2016 as Director of the Board of Directors so that he may focus his efforts on other opportunities. Mr. Deluce has been with Damara since 2013 and the Board is most appreciative of Mr. Deluce’s contribution over the past years and wishes him the very best in his future endeavors.

ON BEHALF OF THE BOARD OF DIRECTORS OF DAMARA

“Larry Nagy”

Larry Nagy, Chief Executive Officer

For additional information visit Damara’s website at www.damaragoldcorp.com or contact:

Damara Gold Corp.

Larry Nagy

Chief Executive Officer or

Terese Gieselman Chief Financial Officer

Ph: (250-768-1168)

NR: 16-01

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.

Statements Regarding Forward-Looking Information

Certain statements contained in this news release may contain forward-looking information within the meaning of Canadian securities laws. Such forward-looking information is identified by words such as “estimates”, “intends”, “expects”, “believes”, “may”, “will” and include, without limitation, statements regarding the company’s plan of business operations (including plans for progressing assets), estimates regarding mineral resources, projections regarding mineralization and projected expenditures. There can be no assurance that such statements will prove to be accurate; actual results and future events could

110-2300 Carrington Road, West Kelowna, BC V4T 2N6 Telephone (250) 768-1168 Fax (250) 768-0020 Web Site: www.damaragoldcorp.com