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EAU.V ·

Engineer GOLD Acquires Mining Permit FOR Engineer GOLD MINE Property, Northwestern British Columbia

Mergers & Acquisitions

ENGINEER GOLD MINES LTD.

Suite 804 - 750 West Pender Street

Vancouver, B.C. V6C 2T7

Telephone: 604-682-2928

Fax: 604-685-6905

www.engineergoldmines.com

For Immediate Release

ENGINEER GOLD ACQUIRES

MINING PERMIT FOR

ENGINEER GOLD MINE PROPERTY,

NORTHWESTERN BRITISH COLUMBIA

Vancouver, British Columbia, August 14 th, 2018 (TSX-V: EAU) – Engineer Gold Mines

Ltd. (“Engineer Gold” or the “Company”) is pleased to announce the Company has received an

amended Mines Act Permit from the Ministry of Energy, Mines and Petroleum Resources

(“MEMPR”), Mines and Mineral Resource Di vision, that authorises Engineer Gold to conduct

exploration, underground mining and on -site milling activities at the 100% owned historic

Engineer Gold Mine Property, detailed in a renewable Notice of Work and Reclamation Program

(“NoW”), valid until March 31 st, 2020. The permit was amended to reflect the change in

ownership of the Engineer Gold Mine Property from Blind Creek Resou rces Ltd. to Engineer

Gold. (See Engineer Gold News Release dated June 4, 2018)

About Engineer Gold Mines Ltd.

Engineer Gold is focused on the exploration and development of the Company’s 100%-owned,

12,032 ha Engineer Gold Mine Property, centred on the Historic high-grade Engineer Gold Mine

situated 32 km west of Atlin, B.C. Previous work has identified an Inferred high-grade gold

Mineral Resource, numerous high-grade vein and shear-hosted bulk-tonnage gold exploration

targets and a small, high-grade gold production opportunity. Engineer Gold is fully permitted for

surface and underground exploration drilling, mine de-watering, small-scale test mining and on-

site milling at the Engineer Gold Mine Property.

For additional information please visit the company website at www.engineergoldmines.com.

On behalf of the Board of Directors, For further information, please contact:

Mr. Brian P. Fowler, P.Geo. Nelson Da Silva

President and Director Manager Corporate Communications

[email protected] (604) 722-0041

Cautionary Note Regarding Forward-Looking Statements

Certain statements made and information contained herein in the press release constitutes “forward -

looking information” and “forward -looking statements” within the meaning of applicable securities

legislation (collectively, “forward -looking information”). The forward -looking information contained in

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this press release is based on information available to the Company as of the date of this p ress release.

Except as required under applicable securities legislation, the Company does not intend, and does not

assume any obligation, to update this forward looking information. Generally, this forward -looking

information can frequently, but not alway s, be identified by use of forward -looking terminology such as

“plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”,

“intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or

statements that certain actions, events, conditions or results “will”, “may”, “could”, “would”, “might” or

“will be taken”, “occur” or “be achieved” or the negative connotations thereof.

All statements other than statements of histori cal fact may be forward -looking statements. Forward -

looking information is necessarily based on estimates and assumptions that are inherently 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 or

implied by such forward-looking information, including but not limited to: risks and uncertainties relating

to, among other things, the risk of the Compan y not obtaining court, Blind Creek shareholders or stock

exchange approvals to proceed with the Arrangement; the risk of unexpected tax consequences to the

Arrangement, the risk of unanticipated material expenditures required by the Company prior to

completion of the Arrangement; risks of the market valuing Blind Creek and Engineer in a manner not

anticipated by the Company; risks relating to the benefits of the Arrangement not being realized or as

anticipated, the inherent uncertainties regarding cost esti mates, changes in commodity prices, currency

fluctuation, financing, unanticipated resource grades, infrastructure, results of exploration activities, cost

overruns, availability of materials and equipment, timeliness of government approvals, taxation, pol itical

risk and related economic risk and unanticipated environmental impact on operations, as well as other

risks uncertainties and other factors, including, without limitation, those referred to in the “Risks and

Uncertainties” section of the press relea se, and elsewhere, which may cause the actual results, level of

activity, performance or achievements of the Company to be materially different from those expressed or

implied by such forward-looking information.