BlackRock Gold Announces Appointment of Dr. Alan Carter to the Board of Directors

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BLACKROCK GOLD CORP.

7120 144 Street Surrey, BC V3W 5S2

BLACKROCK GOLD ANNOUNCES APPOINTMENT OF DR. ALAN CARTER TO THE BOARD OF DIRECTORS

FOR IMMEDIATE RELEASE TSX-V symbol: BRC

August 29, 2016 - Vancouver, British Columbia. Blackrock Gold Corp. (the “Company”, or “BRC”) is pleased to announce the appointment of Dr. Alan Carter to the Board of Directors. Dr. Carter has 30 years of experience in the mining and minerals exploration industry. He spent seven years working for Rio Tinto Corp. in South America and the United Kingdom, and in 1996, he became President and CEO of Balaclava Mines. Dr. Carter joined Billiton Plc in 1998 and in 2000 moved from Lima, Peru, to Vancouver. Following the merger of Billiton with BHP, he assumed the role of Manager, Business Development, within the BHP Billiton Exploration Group, and was the Chief Operating Officer of Peregrine Diamonds Ltd. from mid-2004 to late 2006. Dr. Carter was President and CEO of Magellan Minerals Ltd., until its recent sale to Anfield Gold Corp. in May 2016. He is a director of Peregrine Diamonds Ltd., and Anfield Gold Corp. Dr. Carter has a BSc in Geology from the University of Nottingham, U.K. and a PhD in gold geochemistry and structural geology from the University of Southampton, UK.

“Alan has a proven track record in creating shareholder value, as was especially shown in the recent sale of Magellan Minerals to Anfield Gold, which closed in May of this year. We are very pleased to welcome him to the Board of Blackrock Gold,” commented David R. Robinson, President & CEO of BRC.

To accommodate the appointment of Dr. Carter to the Board, Randy Minhas, the Chief Financial Officer of BRC, has agreed to step down as a director. Mr. Minhas will continue in his role as Chief Financial Officer. The Company welcomes the continued involvement of Mr. Minhas with BRC.

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For further information, please contact:

David R. Robinson, President & CEO Blackrock Gold Corp.

Phone: 1.403.399.9047 Email: [email protected]

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service 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 press release contains forward-looking statements. All statements, other than statements of historical fact, constitute “forward-looking statements” and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company’s strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to the ability of the Company to attract financing and the general market conditions of the industry in which the Company operates and the other factors discussed in the sections relating to risk factors discussed in the Company’s continuous disclosure filings on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.