Mining at Los Gemelos Commences

FOR IMMEDIATE RELEASE October 16, 2018

MINING AT LOS GEMELOS COMMENCES

Vancouver, BC: Galore Resources Inc. (TSX-V: GRI) (the “Company”) is pleased to announce that

mining for gold at Los Gemelos has begun. All necessary permits have been received and approved.

Galore entered into a 5-year contract with URBYASA to mine and extract available gold at Galore’s

100% owned Duraznillo Ranch, which includes the Los Gemelos and Duende 7 claims in the prolific

Conception Del Oro district. URBYASA’s independent de cision to proceed with mining was not

based on a feasibility study of mineral reserves demonstrating the economic or technical feasibility of

the project. URBYASA had reviewed the available data on the Los Gemelos site, which includes

historic artisanal mines, and had taken independent sampling. URBYASA has been mining in Mexico

for over 15 years including mining experience in the Conception Del Oro mining district.

URBYASA has completed the installation of a gold processing plant with an initial capacity of 90 tons

per week. URBYASA will carry out the extraction of mineralized material and sal e of any

concentrated gold on a monthly basis with any proceeds, net of costs , as reported by URBYASA,

being allocated forty percent (40%) to Galore and sixty per cent (60%) to URBYASA . Galore will

retain the rights on all other minerals extracted at the Galore claims and there is a 100 -meter depth

limitation on production.

The contract with URBYSA, Urbanizaciones Y Acabados S.A. De CV, is with the Company’s whol ly

owned subsidiary, Minerales Galore S.A. De CV.

ON BEHALF OF THE BOARD

“Michael McMillan”

President and CEO

To find out more about Galore Resources (TSX.V:GRI) please contact:

Mike McMillan at (210) 860-9212 (USA)

Please visit our website at www.galoreresources.com or contact us at [email protected].

Cautionary Statemen t: This document contains “forward -looking statements” within the meaning of

applicable Canadian securities regulations. All statements other than statements of historical fact herein,

including, without limitation, statements regarding exploration plans and other future plans and objectives, are

forward-looking statements that invol ve various risks and uncertainties. There can be no assurance that such

statements will prove to be accurate and future events and actual results could differ materially from those

anticipated in such statements. Important factors that could cause actual results to differ materially from our

expectations as well as a comprehensive list of risk factors are disclosed in the Company’s documents filed from

time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-

looking statements are based on the estimates and opinions of management on the date the statements are made,

and we do not undertake any obligation to update forward -looking statements should conditions or our estimates

change, other than as required by law and readers are further advised not to place undue reliance on forward -

looking statements.

Neither the 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.