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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

October 17, 2017 Symbol:-TSX-V: CLM

Geological Update

Vancouver, BC – Crystal Lake Mining Corporation (the “Company ”) is pleased to announce a

property review based on outcrop and drill core samples at the EL1 mining patent optioned by

Crystal Lake Mining Corp. The technical review was undertaken by Dr. Peter C. Lightfoot of

Lightfoot Geoscience Inc.

Drill core and surface samples from the EL1 propert y contain disseminated through semi -massive

magmatic-textured pyrrhotite, pentlandite, and chalcopyrite mineralization hosted by gabbro . The

semi-massive sulfide mineralization and mafic inclusions comprise a magmatic breccia with in a

broader unit of gabbr o with disseminated sulfide . These geological relationships are commonly

encountered in magmatic sulfide ore deposits and support the importance of effectively testing the

rocks developed above the contact of the intrusion beneath the EL1 mineralization.

Mineralized gabbros have been encountered at depth below EL1, but exploration has not yet

defined the lower contact of the intrusion, and has not tested the potential development of massive

sulfide mineralization that often occurs in depressions and/or fe eders at the lower contact of

intrusions and in association with wider halos of disseminated sulfide mineralization.

Dr. Peter Lightfoot, technical advisor for ELDC, the geological contractor to Crystal Lake Mining is

ramping-up a program of exploration to identify electrically conductive target zones that may

correspond to high grade mineralization adjacent to and beneath the historic mineral resource. The

concentration of nickel in the sulfide portion of samples derived from the near -surface historic

resource (i.e. the Ni tenor of the sulfide) is between 3 and 4 wt% Ni in 100% sulfide, and this

encourages a search for high grade massive nickel-rich sulfide at depth on the EL1 patent property.

The exploration strategy is designed to test this target, and will include a combination of s diamond

drilling coupled with borehole and surface electromagnetic methods designed to focus exploration

in a search for mineralization with elevated Ni, Cu, Co and precious metal concentrations.

CANADA

13236 Cliffstone Court

Lake Country BC V4V 2R1

Tel: 250-766-1517

Fax: 250-766-1839

www.sierrairon.com

Magmatic breccias with Ni-Cu sulfide mineralization from EL1.This photograph shows part of a

1.2m interval from NQ drill hole A04- 15 grading 2.29%Ni, 0.24% Cu, and 0.15%Co. The

association of magmatic breccias with nickel sulfide mineralization is a recognised feature of

many world-class magmatic sulfide ore deposit.

The technical information in this Press Release (the "Technical information") has been approved by Dr.

Peter C. Lightfoot, a Qualified Person under National Instrument 43 -101 ("NI 43 -101"). Certain

Technical Information in this Press Release is based on technical information which has previously

been disclosed by Crystal Lake in its public disclosure record. Readers should refer to Crystal Lake’s full

public disclosure record at www.sedar.com.

About the Company

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

value through the exploration and development of its British Columbia and Ontario mineral

properties.

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

Richard Savage

President/CEO

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.