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ENDR.V ·

13236 Cliffstone Court

Corporate Updates

CANADA

13236 Cliffstone Court

Lake Country BC V4V 2R1

Tel: 250-766-1517

Fax: 250-766-1839

www.sierrairon.com

NEWS RELEASE

January 29, 2018 Symbol: -TSX-V: CLM

RENEGOTIATED TERMS FOR EL1 AND EL5 PROPERTIES

Vancouver, BC – Crystal Lake Mining Corporation (the “Company”)

The Company is pleased to announce that it has entered into an agreement (the “L1/L5 Agreement”) with

Emerald Lake Development Corp. (“ELD”) which will create a more favorable path to 100% ownership of

the L1 and L5 properties, both in Chapple town ship, District of Rainy River. The L1/L5 Agreement, which

will supersede and replace all prior agreements concerning these properties, will allow the Company to

acquire a 100% interest in the properties on the terms fully disclosed in its most recent MD&A at September

30, 2017; this may be viewed by visiting https://www.sedar.com/search/search_form_pc_en.htm.

The company’s new website is currently under construction and is expected to be operational shortly with

up to date corporate and geological information.

About the Company

Crystal Lake Mining Corporation is a mineral exploration/Development company focused on creating value

through the exploration and development of its Ontario and British Columbia mineral properties.

On behalf of The Board of Directors of Crystal Lake Mining Corporation.

Alphonse Ruggiero, Director/CFO

This news release contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under

the control of Crystal Lake Mining Corporation which may cause actual results, performance or achievements of Crystal Lake Mining

Corporation on to be materially different from the results, performance or expectation implied by these 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 press release, which has been prepared by management.