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Silver Pursuit Announces the Appointment of New Director – Geologist Robert J. Casaceli of Reno, Nevada

Management Changes

652 Millbank

Vancouver, B.C. V5Z 4B7

Tel: 604-730-6982

NEWS RELEASE

SILVER PURSUIT ANNOUNCES THE APPOINTMENT OF NEW DIRECTOR –

GEOLOGIST ROBERT J. CASACELI OF RENO, NEVADA

Date: April 16, 2018 Symbol: SPF

VANCOUVER, B.C. - Silver Pursuit Resources Ltd. (the “Company”) is pleased to announce the

appointment of Robert J. Casaceli B.A. (Geology) M.S. (Geology) of Reno, Nevada. Mr. Casaceli’s

career in the mining industry spans over 44 years and has been involved in every facet of mineral

exploration, He is currently a consultant to the mining industry with his principal client being Pershing

Gold Corporation, whose primary project is the Relief Canyon gold mine, NV, which is now in pre -

production development phase.

In recent years he has served as President & CEO of Creso Exploration Inc. (CXT:TSX.V) and as Chief

Geologist, and later Chief Consulting Geologist, for Franco -Nevada Corporation, the world’s largest

royalty acquisition company. In this period, he also served as Pres ident, CEO, and Director of Franc -Or

Resources Corporation (a TSX resource company) for over 12 years and h as been involved in the design,

funding, and implementation of numerous reconnaissance and advanced -stage exploration projects, and

prospect/mine eva luations in some 56 countries. He was a founding partner of the consulting firm

Annapurna Exploration in 1985. hav ing extensive experience in negotiating mining agreements and

operating in several countries. He speaks fluent Spanish, French, with moderate language skills in Italian,

Portuguese, and Turkish, and rudimentary communication abilities in Chinese and Russian.

He has been involved in the discovery or delineation/expansion of several mineral deposits including:

Cerro Negro, Argentina; Vetas/California, Colombia ; Salsigne, France; North Standard, Nevada (Carlin -

like Au;+0.5M oz mined); Summitville, Colorado (High sulfidation Au; 0.294M oz mined); El Transito,

Honduras; Rio Blanco, Peru; Rico, Colorado (Porphyry/skarn Mo), Bugdainskoye, Russia

(Porphyry/veins Mo,Au,Ag,W,Cu,Pb,Zn,Re); and Aimara, French Guiana (laterite/saprolite/vein/placer

Au).

As President and Chief Operating Officer of Latin America Nevada (Subsidiary of Euro -Nevada Mining

Corporation) for two years, his primary function was the identification and acquisition of royalty interests

from mining properties located throughout Latin America and elsewhere in the world. Brian McClay,

President of Silver Pursuit commented on Mr. Casaceli, saying “ What best distinguishes Bob as a mining

professional is his personal integrity, determination and tireless approach to the identification and

development of metal mining properties, his ability to manage and motivate people in this process, and

his ability to communicate difficult technical concepts to company directors and shareholders.”

Mr. Casaceli’s recent experience includes:

April 2010-Present (8 years), Consulting Geologist: Clients have included: Pershing Gold Corporation

(NV), Rashleigh M ining (Peru), Buccaneer Gold Corp (NV), Xtra-Gold Resources Corp (Ghana), Creso

Exploration Inc (Canada) -(President & CEO); Ironsides Operations/Anibok Invest Res; Franco -Nevada

Corporation(Chief Consulting Geologist) and other financial and exploration/mining companies involving

property evaluation and exploration in North, South, and Central America, Africa, Europe, Australia, and

Asia.

2008-March 2010 (1.7 years ), Franco -Nevada Corporation, Chief Geologist: Conducted resource

property geologic and economic evaluations for royalty acquisition s around the world, principally on

precious and base metal properties; also Consulting Geologist for various companies to evaluate mining

and exploration properties throughout the world.

1996-2008 (12 years) , Franc-Or Resources, President and CEO: Gold exploration and mining (laterite -

saprolite/placer/vein) in French Guiana and gold exploration in Russia, Peru, and Nevada, USA; also

venture capital investments in biotech start-ups.

1994-1995 (2 years), L.A. Nevada (Subsidiary of Euro -Nevada Mining Corp oration), President/C.O.O.:

Acquisition of mining royalties from properties throughout Latin America; Europe, Australia, and

Indonesia.

1985-1994 (9 years), Annapurna Exploration, Owner/Partner/Consulting Geologist: Precious and base

metal exploration in the U.S., Latin America, Europe, Asia, SW Pacific, and Australia.

Prior to the above Mr. Casaceli worked as a Geologist for Anaconda Minerals Inc. (7 years), US

Geological Survey (2 years) and Asarco Inc. (2 years)

The Company feels that Mr. Casaceli wil l play a pivotal role in the development of its portfolio of

properties located Nevada in 2018. The Company continues to conduct detailed work to understand and

catalogue the data compiled from external sources and generated internally on the properties ow ned by

the Company.

Except for the optioned East Bell project, a ll claims are owned 100% by the Company are royalty and

payment free. All taxes and lease payments are fully paid for 2018. Company expects to release additional

historical information on the properties as it becomes available.

SILVER PURSUIT RESOURCES LTD.

“Brian McClay”

Brian McClay, Director

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

release.

Forward-Looking Information

This news release contains “forward-looking information ” within the meaning of that phrase under

applicable Canadian securities law. This information reflects management’s current assumptions and

expectations but known and unknown risks, uncertainties and other factors may cause the actual results,

performance or achievements of the Company to be materially different from any future results,

performance or achievements expressed or implied by such forward -looking information. Forward -

looking information is subject to a variety of risks and u ncertainties which could cause actual events or

results to differ from those reflected in the forward -looking information, including, without limitation,

risks and uncertainties relating to the estimation of mineral resources and reserves, the geology, gra de and

continuity of mineral deposits, the possibility that exploration, development or mining results will not be

consistent with the Company’s expectations, title matters and surface access issues, the potential for

delays in exploration or development a ctivities, the potential for unexpected costs and expenses,

commodity price fluctuations, currency fluctuations, failure to obtain adequate financing , the possibility

that the Company may not sell its projects or secure joint venture partners or optionees, and other risks

and uncertainties. Should one or more of these risks and uncertainties materialize, or should underlying

assumptions prove incorrect, actual results may vary materially from those described in forward -looking

information. Accordingly, read ers are advised not to place undue reliance on forward -looking

information. Except as required under applicable securities legislation, the Company disclaims any

obligation to update or revise any forward looking information to reflect events or changes in

circumstances that occur after the date of this news release.