Source Exploration Announces Grant of Options

SOURCE EXPLORATION ANNOUNCES GRANT OF OPTIONS

March 7, 2017 – Source Exploration Corp. ("Source" or the "Company") (TSX-V: SOP) is pleased to

announce that it has granted a total of 1,450,000 incentive stock options to certain officers, directors and

consultants of the Corporation pursuant to the Comp any's Stock Option Plan. The options are exercisable

at a price of $0.30 for a period of ten years. The op tions vest as to one-third after twelve, eighteen and

twenty-four months respectively from the effective date of the grant. The grant of options is subject to

acceptance for filing by the Exchange.

About Source Exploration Corp.

Source is a Canadian based mineral exploration comp any committed to building long-term value through

the discovery, acquisition and advanc ement of mineral properties. The Company holds an option on the

Las Minas gold, silver and copper exploration project located within the Las Min as mining district in the

State of Veracruz, Mexico. The district hosts one of the largest underexplored skarn systems known in

Mexico and has a strong production history that dates back to the Aztec era.

For further information, please contact:

Camille Turner, Investor Relations

Phone: 604-669-7840 or 604-970-8052

David Baker, Executive Chairman

Phone: 604-817-4211 or 604-970-8052

Brian Robertson, President & CEO

Phone: 807-474-4270 or 807-251-1816

Fax: 807-474-4272

E-mail: [email protected]

Website: www.sourceexploration.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION : This news

release includes certain information that may constitute "forward-looking information" under applicable Canadian

securities legislation. Forward-looking information includ es, but is not limited to, statements about the future

exploration results relating to the Las Minas project, exploration plans for the Las Minas project and the

exploration potential of the Las Minas project. Forward-looking information is necessarily based upon a number of

estimates and assumptions that, while considered reasonable, are subject to known and unknown risks,

uncertainties, and other factors which may cause the actual results and future events to differ materially from those

expressed or implied by such forward-looking information, including the risks identified in the Company's

disclosure documents. There can be no assurance that such information will prove to be accurate, as actual results

and future events could differ materially from those antici pated in such information. Accordingly, readers should

not place undue reliance on forward-looking information. All forward-looking information contained in this press

release is given as of the date hereof and is based upon the opinions and estimates of management and information

available to management as at the date hereof. The Company disclaims any intention or obligation to update or

revise any forward-looking information, whether as a resu lt of new information, future events or otherwise, except

as required by law.

Neither TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in the policies of the

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