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GFK announces the beginning of its winter drilling program

Exploration Programs

14 – 3650 Hammonds Plains Road, Suite 348

Upper Tantallon, Nova Scotia B3Z 4R3

Telephone: 902-826-1579; Facsimile: 902-826-2550

NEWS RELEASE

February __, 2017 Trading Symbol: TSX-V: GFK

GFK announces the beginning of its winter drilling program

FOR IMMEDIATE RELEASE. Upper Tantallon, Nova Scotia and Montreal, Quebec:

GFK Resources Inc. (the “Company”or “GFK”) – (TSX Venture Exchange: GFK), is pleased to

announce the beginning of a 3000 metre drilling program, in 15 drill holes, on its wholly owned

Vezza Extension, Vezza Nord, Bachelor Extension and WinWin properties. This program

objective is to drill high priority targets, identified by compilation of historical works or by

recent geophysical surveys.

The Vezza Extension and Vezza Nord properties are located few kilomet res North and West of

the Vezza gold mine , currently in production; the Bachelor Extension property is located

approximately seven kilometres East from the Bachelor gold mine, which is also in production.

The WinWin property is directly located to the North extension of the Monster Lake Project

(Iamgold / Tomagold) within the Chibougamau area. All these properties are easily accessible

by road.

Louis Morin, CEO, commented: « it is with great interest that we start this new drilling program

as it will allow us to test a series of target s which, in the past, generated very enc ouraging

results. We will also have the opportunity to test new targets, developed through induced

polarization (I.P.) geophysics surveys completed in 2016 »

Mr. Tony Brisson P.Geo. is acting as qualified person (as defined by NI 43 -101) for GFK and has

reviewed and approved the scientific and technical information in this press release.

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

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

release.

About GFK: GFK Resources Inc. is a mining exploration company focused on discovering high

quality gold and base metals deposits within strategically located properties within p roven

mining camps, sometimes close to existing mines in the Abitibi Greenstone Belt located in

north-west Quebec and north -east Ontario - one of the most prolific gold deposits areas in the

world. GFK holds assets in Val -d'Or, Matagami and Chibougamau are as. Bachelor Extension

property is adjacent to Metanor Resources Inc.- Bachelor Gold Mine, Vezza Extension and Vezza

North are located few kilometers West and North of Nottaway Resources Vezza Mine. More

recently, GFK acquired new properties, all easily a ccessible by a good road network: Fecteau

property, located in the active Urban -Barry townsip, Winwin property, located in the

neighbourhood of Iamgold Monster Lake property and Grizzly property, located in

Chibougamau mining camp.

The information set forth in this press release includes certain forward -looking statements. Such

statements are based on assumptions exposed to major risks and uncertainties. Although GFK

deems the expectat ions reflected in these forward looking statements to be reasonable, the

Corporation cannot provide any guarantee as to the materialization of the expectations

reflected in these forward-looking statements. The Corporation expressly disclaims any intention

or obligation to update or revi se any forward -looking statements whether as a result of new

information, future events or otherwise, except as required by applicable law.

For more information, please contact:

Louis Morin, CEO

514-591-3988

[email protected]

Michael W. Kinley, CPA, CA

President & CFO, Director

T (902) 826-1579; F (902) 826-2550

C (902) 402-0388

[email protected]