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FRI.V ·

Freeport Appoints Shervin Teymouri as Director and COO

Management Changes

Email: [email protected]

Web: www.freeportresources.com

NEWS RELEASE July 20, 2017

Freeport Appoints Shervin Teymouri as Director and COO

VANCOUVER, CANADA

TSX Venture Exchange: FRI

Shares Issued: 16,831,232

1.888.275.7335 Toll free Tel

604.275.7335 Tel

1.888.275.8549 Toll free Fax

Vancouver, British Columbia – (July 20, 2017) – Freeport Resources Inc. (TSX-V: FRI)

(“Freeport”) is pleased to announce appointment of Shervin Teymouri, M.Eng., P.Eng., as Director

and Chief Operating Officer. Founding Director, Michael Lee Roberts, P.E., stepping down to join

the Advisory Board after 36 years, is deeply thanked for his efforts.

Teymouri is a geological and mining engineer with broad experience in all aspects of underground

and open pit mines, from due diligence, detailed engineering, project execution to reclamation. His

expertise as an operations specialist for base, precious metals and industrial mineral projects,

including several tungsten and polymetallic mines in the Yukon, will greatly assist advancement of

Freeport's projects. Planned work includes:

a) Hutton Garnet Beaches : Evaluate operational methods, materials handling, capital and

operating costs for our high grade, heavy mineral sands deposit on tidewater.

b) Red Rose Mine: Economic analysis of potential rehabilitation of our past tungsten-copper-

gold producer near Smithers.

c) Q Fluorspar : Assess open pit versus stope and pillar proposed in Prefeasibility (Kilborn

1984).

With a master's in mining engineering and economics, Shervin was previously a senior mining

engineer with Roscoe Postle Associates. He is a mining entrepreneur with a greenfields industrial

mineral operation in production within a year, and founder of Mineit Consulting Inc. Shervin is an

Adjunct Professor and lecturer at the Norman B. Keevil Institute of Mining Engineering at UBC.

About Freeport

Freeport is a Canadian junior exploration company with a diverse portfolio of properties -- the Red

Rose Mine (a past producer of tungsten-gold-copper), Spanish Mountain Gold (adjacent to a

proposed open-pit gold mine), and the Q (a large, well-known fluorspar deposit), all located in

British Columbia. The Hutton Garnet Beaches in NL is our most advanced project, with a positive

NI43-101 Prefeasibility (2004), and a 5000 tonne bul k sample released from environmental

assessment. Please visit www.freeportresources.com or contact us for more information.

Freeport Resources Inc.

Brenda Clark AIBC Architect, President & CEO

1-888-275-7335 (toll free)

(604) 275-7335 (tel.)

[email protected]

Neither the TSX Venture Exchange nor its Regulation Se rvices Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adeq uacy or accuracy of this release.

The company seeks Safe Harbour.