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AurCrest Gold signs Mineral Claim Staking Agreement with Cat Lake First Nation

Mergers & Acquisitions Property Options & Staking

Suite 3600, 22 Adelaide Street West, Toronto, Ontario M5H 4E3 · Tel: (807) 737-5353

AurCrest Gold signs Mineral Claim Staking Agreement

with Cat Lake First Nation

NEWS RELEASE FOR IMMEDIATE RELEASE

NOVEMBER 29, 2017 TSXV Symbol: AGO

Toronto, Ontario (FSCwire) - AurCrest Gold Inc. (the “ Company” or “ AurCrest”) (TSX-V: AGO)

(FRANKFURT: TM8A, WKN: A0YG1K ) is pleased to announce the signing of a significant mineral claim

staking agreement with the Cat Lake First Nation, to support and assist the staking of mineral claims

within the traditional territory of the First Nation for purposes of opening future resource development

opportunities.

“I am pleased and positive that the ongoing relationship building efforts of AurCrest Gold with our local

First Nations h as resulted in the signing of this milestone agreement for the Company, building on the

traditional and historic knowledge of the Cat Lake membership to bring new opportunities to the

mineral development industry in Northwestern Ontario,” said President & CEO Christopher Angeconeb.

“The approach toward reconciliation with First Nations has, for the Company, been focused on inclusion

of and partnership with the First Nations proximal to our claim holdings and areas of activity. By moving

beyond consultation and accommodation, the Company hopes to foster an environment of

socioeconomic growth and wealth generation for our local First Nations and their memberships, while

growing Company shareholder value.”

AurCrest’s Richardson Lake property in Northwestern Ontario lies approximately 30km southwest of the

Cat Lake First Nation, a remote community with approximately 500 residents.

About AurCrest Gold Inc.

AurCrest is a mineral exploration company focused on the acquisition, exploration, and development of

gold properties. AurCrest has a portfolio of properties in Ontario, which include the Richardson Lake and

Bridget Lake gold properties.

FOR FURTHER INFORMATION PLEASE CONTACT:

AurCrest Gold Inc.

Christopher Angeconeb Ian Brodie-Brown

President and C.E.O Director of Business Development

(807) 737-5353 (416) 844-9969

[email protected] [email protected]

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Suite 3600, 22 Adelaide Street West, Toronto, Ontario M5H 4E3 · Tel: (807) 737-5353

Forward Looking Statement:

Some of the statements contained herein may be forward -looking statements which involve known and u nknown risks and

uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and fut ure

plans and objectives of the Company are forward looking statements that involve various risks. The following are important

factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward

looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent i n

mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future

profitability and the uncertainty of access to additional capital. There can be no assurance that forward -looking statements will

prove to be accurate as actual results and future events may differ materially from those anticipated in such statements.

AurCrest undertakes no obligation to update such forward -looking statements if circumstances or management’s estimates or

opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.

Neither 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.