Plata Latina Announces Fresnillo’S Commencement of Drilling ON Naranjillo

NEWS RELEASE

PLATA LATINA ANNOUNCES FRESNILLO’S

COMMENCEMENT OF DRILLING ON NARANJILLO

Vancouver, BC, June 7, 2017 – Plata Latina Minerals Corporation (TSX-V: PLA) (“Plata Latina” or the

“Company”) is pleased to announce that Metalúrgica Reyna, S.A. de C.V. (“Reyna”), a wholly-owned

subsidiary of Fresnillo PLC, has recently initiated a multi-rig drilling program at Plata Latina's Nar anjillo project

where Plata Latina had previously obtained numerous high-grade Ag-Au drill intercepts (up to 3,181 g/t silver

and 13.28 g/t gold over 10.95 metres). The Naranji llo project is the subject of the purchase option a greement

with Reyna announced on April 3, 2017. Drilling results will be announced as they become available.

Plata Latina is now turning its attention to the ad vancement of its other properties, principally the Vaquerias

project, where the Company's previous drilling enco untered Ag-Au values ranging up to 727 g/t silver a nd 0.24

g/t gold over a drilled width of 0.55 meters. The Company plans to re-initiate drilling at Vaquerias in late

summer of 2017.

Plata Latina also announces that Ms. Purni Parikh h as stepped down as VP Corporate Secretary of the

Company effective June 2 nd , 2017. Ms. Patricia Fong, the Company’s current CF O, is appointed to take on the

position of Corporate Secretary. Plata Latina exten ds its sincere thanks to Ms. Parikh for her contrib utions to

the Company and welcomes Ms. Fong to her expanded r ole in Plata Latina. The Company has granted Ms.

Fong 75,000 stock options, with an exercise price a t C$0.06 per share for a period of five years, expi ring on

June 5, 2022.

About Plata Latina Minerals

Plata Latina Minerals is a Canadian exploration com pany with a portfolio of four silver-gold propertie s situated

in the prolific Mexican Silver Belt focused on disc overing new silver-gold vein districts. Plata Latin a’s expertise

in the ore horizon concept and extensive experience in Mexico provides a competitive edge for discover y of

new districts between old historic deposits. Its hi ghly experienced management team and board are focu sed on

developing its portfolio of high-potential targets and exploring additional value-creation opportuniti es. The

Company trades on the TSX Venture Exchange under “P LA”.

For more information on Plata Latina, please contac t :

Mike Clarke, President & CEO

Telephone: +1 800 933 9925

Email: [email protected]

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts

responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This news release contains forward-looking statemen ts and other statements that are not historical fac ts

including statements about the Company’s latest exp loration program. Such forward-looking statements a re

subject to known and unknown risks, uncertainties a nd assumptions that could cause actual results to v ary

materially from target results or events predicted in these forward-looking statements. As a result, i nvestors are

cautioned not to place undue reliance on these forw ard-looking statements.

The forward-looking statements contained in this ne ws release are made as of the date of this release. Except

as required by applicable law, Plata Latina disclai ms any intention and assumes no obligation to updat e or

revise any forward-looking statements, whether as a result of new information, future events or otherw ise.

Forward-looking information reflects the current ex pectations or belief of the Company based on inform ation

currently available and such information is subject to a number of assumptions, risks and uncertaintie s,

including risks related to exploration, uncertainti es related to financings, the uncertainties of inte rpreting

exploration results and other risks associated being a mineral exploration company.