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Confederation Minerals Ltd. Announces Termination of Letters of Intent

Corporate Updates

CONFEDERATION MINERALS LTD.

Suite 1980, 1075 West Georgia Street,

Vancouver, British Columbia, V6E 3C9

Tel: 604 688 9588; Fax: 778 329 9361

S e p t e m b e r 1 8 , 2 0 1 7 T S X - V S y m b o l : C F M

Confederation Minerals Ltd. Announces Termination of Letters of Intent

Vancouver, British Columbia, Canada, Confederation Minerals Ltd. (TSXV: CFM) announces

that, further to its news releases of June 28, 2017 and July 5, 2017, it has determined not to

proceed with the options on the Tourmaline Queen and Golden Galena project areas in Montana

and the Bull and PCM project areas in Arizona and has terminated the three letters of intent in

respect of those project areas.

On behalf of the Board of Directors,

Confederation Minerals Ltd.

“David Velisek”

David Velisek

Interim President and CEO

CORPORATE INQUIRIES

Confederation Minerals Ltd.

Suite 1980, 1075 West Georgia Street Vancouver, B.C.

604.688.9588

[email protected]

www.confederationmineralsltd.com

About CFM

Confederation Minerals Ltd. is a British Columbia based company engaged in the

business of acquisition, exploration and development of mine ral properties. Its objective is to

locate and develop economic precious and base metals properties of merit. Confederation

Minerals Ltd. owns 70% of the Newman Todd project in the Red Lake Mining District of

Northern Ontario, as well as 100% ownership in another property in the Red Lake Mining

District of Ontario.

Neither TSX Venture Exchange nor its 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.