Announcement of Interim President and CEO

May 05, 2017, Press Release Metalore Resources Limited (MET/TSXV) (“Metalore” or the Company) is pleased to announce the appointment of Mr. Armen Chilian as interim President and CEO. Mr. Chilian has over 20 years’ experience in mineral exploration throughout North America, and has worked extensively on the Company’s projects with his late father, George W. Chilian. Mr. Armen Chilian commented “It is important to strengthen our natural gas gathering system while keeping all opportunities open for growth in both hydrocarbon and mineral exploration. We continue to add field line customers and welcome strategic business opportunities to increase natural gas revenues. ‘Business as usual’ for us means careful, systematic growth for generations to come.”

For further information please contact:

Armen Chilian P.Geo. Interim President and CEO (519) 428 – 2464 [email protected] or John Ryan, CFO and Director (519) 822-5904 [email protected]