Nex Trading Symbol – Tgi.h

True Grit Resources Ltd.

Suite 404 – 999 Canada Place

Vancouver, British Columbia V6C 3E2

Telephone: (604) 662-3230

Fax: (604) 682-4309

NEX TRADING SYMBOL – TGI.H

TRUE GRIT RESOURCES (“True Grit”) OPTIONS A LARGE PROSPECTIVE PROPERTY CLOSE

TO SOKOMAN IRON CORPORATION’S MOOSEHEAD HIGH GRADE GOLD PROJECT IN

NEWFOUNDLAND

August 8, 2018 True Grit has optioned a large property package approximately 6.7 southeast of Sokomans Iron

Corp’s flag ship Moosehead high grade gold project in Newfoundland. The property is 2 km’s long by 2 km’s

wide and roughly on trend with the gold-mineralized me sothermal orogenic quartz vein system that is

Sokoman’s exploration diamond drilling program.

Sokoman reports in its July 30, 2018 news release, that its first drill hole (MH-18-01) produced an 11.9 meter

intersection (109.0 m to 120.9 m depth) that contains 44.96 grams per tonne gold.

True Grit has signed an option to acquire 100% in the prope rty by completing the follo wing share issuance and

cash payment to the vendor of 15,000 cash consideratio n and the issuance of 2,500,000 common shares of the

company upon exchange approval.

About True Grit

True Grit is engaged in the business of acquiring, exploring and developing hi ghly prospective mineral

properties in North America. True Grit’s portfolio includes Lithium, Cobalt and Gold.

TRUE GRIT RESOURCES LTD.

Byron Coulthard

President

This release includes certain statements that may be deemed to be "forward-looking statements" within the

meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statem ents in this release, other than

statements of historical facts, that address future production, reserve po tential, exploration and development

activities and events or developmen ts that the Company expects, are forward-looking statements. Although

management believes the expectations expressed in such fo rward-looking statements are based on reasonable

assumptions, such statements are not guarantees of future performance, and actual results or developments may

differ materially from those in the fo rward-looking statements. Factors that could cause actual results to differ

materially from those in forward-looking statements include market prices, ex ploration and development

successes, continued availability of capital and financing, and general economic, market or business conditions.

Please see our public filings at www.sedar.com.

Neither the TSX Venture Exchange nor it s 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.