13236 Cliffstone Court

CANADA

13236 Cliffstone Court

Lake Country BC V4V 2R1

Tel: 250-766-1517

Fax: 250-766-1839

www.sierrairon.com

NEWS RELEASE

October 5 , 2017 Symbol:-TSX-V: CLM

PROPERTY ACQUISITIONS FINALIZED

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

pursuant to a right of first refusal, it has entered into a n amended purchase agreement dated

January 20, 2017, with Emerald Lake Development Corporation (“ELD”).

The Company will acquire a One Hundred (100%) percent interest in the mineral rights hosted by

the properties known as Property #1 Property #5, Property #7 and Property #8, located near Emo,

Ontario.

The 4 separate prospective claim blocks have similar geological characteristics to the EL1 and EL5

property blocks which the Company currently holds under option, targeting Ni, Cu, Co , PGM’s

and massive sulphides.

In addition, after further due diligence the Company has exercised its option and entered into an

agreement to also acquire Property #2 and Property #4 (s ee press release dated September 30,

2016), also located near Emo.

In order to c omplete the acquisition of the 6 separate and highly prospective claim blocks, the

Company will issue a total of 10 ,500,000 common shares to ELDC for a 100% interest in the

properties. ELDC has agreed to an 18 month voluntary hold period on the issued shares.

The company shall also pay to ELDC the sum of CDN$50,000 upon closing of its next majority

equity financing. An amended royalty of 2% of net smelter returns shall be payable to ELD upon

the commencement of commercial production from any of the noted properties – 1% may be

purchased $1 million dollars. This acquisition remains subject to TSXV approval.

CANADA

13236 Cliffstone Court

Lake Country BC V4V 2R1

Tel: 250-766-1517

Fax: 250-766-1839

www.sierrairon.com

About the Company

Crystal Lake Mining Corporation is a mineral exploration/Development 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.

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..