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Castle Silver Responds to Market Activity

Listings & Exchange

Castle Silver Responds to Market Activity

January 5, 2018 ‐ Castle Silver Resources Inc. (TSX.V: CSR, OTC : TAKRF, FRANKFURT:

4T9B) (the “Company” or “CSR”) announces that at the request of IIROC, the Company

confirms that it is unaware of any material undisclosed change in the Company's business,

operations or capital that would account for the recent increase in trading activity in its

common shares.

About Castle Silver Resources

The Castle Silver mine, Beaver mine and Violet mine are three o f the most advanced

properties in the Cobalt Camp. While they comprise only 2,800 h ectares they are sources of

high‐grade cobalt that can quickly be developed into a shovel‐ready state. The company

also has the Re‐2OX process which has been pilot‐plant‐tested to separate the various

metals that comprise the mineralization in the Cobalt Camp vein systems. The company has

been to Japan and China to meet with buyers of cobalt‐based salts that are used in the

l ith iu m b attery m a rke t. S tu dies a re u nde rwa y to dev el o p a m il l ing processing facility and

leach plant on one of the Castle Silver Resources’ properties.

“Frank J. Basa”

Frank J. Basa P. Eng.

President and Chief Executive Officer

For further information, contact:

Frank J. Basa, P. Eng., President and CEO at 1‐819‐797‐4144, or

Wayne Cheveldayoff, Investor Relations, [email protected], 416‐710‐2410

Neither the TSX Venture Exchange nor its Regulation Service Prov i d e r ( a s t h a t t e r m i s d e f i n e d i n

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release. This news release may contain forward‐looking statements including but not limited to

c o m m e n t s r e g a r d i n g t h e t i m i n g a n d c o n t e n t o f u p c o m i n g w o r k p r o grams, geological

interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward‐

looking statements address future events and conditions and the refore, involve inherent risks and

uncertainties. Actual results ma y differ materially from those currently anticipated in such

statements.

Castle Silver Resources Inc. 

3028 Quadra Court 

Coquitlam,  B.C.,  V3B 5X6