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KRY.V ·

Deep-South Resources Grants Stock Options

Share Capital & Compensation

Suite 162, 2906 West Broadway, Vancouver, British Columbia, V6K 2G8

Tel: 604-340-0140. E-mail: [email protected]

Web site: http://www.deepsouthresources.com

DEEP-SOUTH RESOURCES GRANTS STOCK OPTIONS

Vancouver, B.C., Canada – JANUARY 26, 2017 – Deep-South Resources Inc. ("Deep-

South" or “the Company") (TSX-V: DSM) announces that it has issued an aggregate of

700,000 incentive stock options (the “Options”) in accordance with the Company’s stock

option plan to certain directors of the Company. Each Option, vesting immediately upon

grant, entitles the holder to purchase one common share of the Company at a price of

$0.25 per share until January 25, 2020. The Options and any common shares issued

upon exercise will be subject to a four months and a day resale restriction from the date

of grant.

Deep-South Resources Inc. is a Canadian company, actively involved in the acquisition,

exploration and development of major mineral properties in Namibia and Canada. Deep-

South growth strategy is to focus on the exploration and development of quality assets,

in significant mineralized trends, close to infrastructure, in stable countries.

This press release contains certain "forward-loo king statements," as identified in the Jet Gold’s

periodic filings with Canadian Securities Regulator s that involve a number of risks and

uncertainties. There can be no assurance that such statements will prove to be accurate and

actual results and future events could differ materia lly from those anticipated in such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) ac cepts responsibility for the adequacy or accuracy

of this release.

More information is available by contacting Tim Fernback at 604.340.3774 or at

[email protected].