Archon Grants Incentive Stock Options

Archon Minerals Limited

#2801 – 323 Jervis Street

Vancouver, BC, V6C 3P8

Tel: 604-682-3303

ARCHON GRANTS INCENTIVE STOCK OPTIONS

March 5, 2018 – Vancouver, British Columbia TSX.V: ACS

Archon Minerals Limited (“Archon” or the “Company”) has granted to its directors incentive stock

options to purchase an aggregate of 800,000 shares in the capital of the Compa ny at an exercise price of

$0.70 per share. The options are exercisable for five years commencing March 5, 2018.

ARCHON MINERALS LIMITED

“Stewart Blusson”

Stewart Blusson

President and Director

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.

This news release may contain “forward -looking statements”, which are statements about the future based on current

expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward -looking statements.

Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements

will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does

not undertake any obligation to update forward-looking statements except as required by law.