Eros Provides Update on Bell Mountain Gold-Silver Deposit and Director Resignation

NEWS RELEASE

NR: 18-02

November 21, 2018

Eros Provides Update on Bell Mountain Gold-Silver

Deposit and Director Resignation

Vancouver, BC (November 21, 2018) Eros Resources Corp. (TSX.V: ERC) (“Eros” or the

“Company”) and our 100% owned subsidiary Bell Mountain Exploration Corp. are pleased to

update our shareholders with regard to our Bell Mountain gold -silver project in Churchill

County, Nevada.

Two years ago the U.S. Department of the Navy issued a notice of its int ent to conduct an

environmental impact statement (“EIS”) regarding the proposed expansion of the Fallon Range

Training Complex on lands administered by the U.S. Bureau of Land Management (“ BLM”).

The Company’s Bell Mountain project falls within the immedi ate vicinity of the proposed

expansion and was subjected to a two-year moratorium on any new work to advance the

project.

The initial two -year moratorium expired on September 1, 2018 but was extended for an

additional four years of mineral withdrawal whil e the Navy completes its EIS. This extension

was announced in the U.S. Federal Register on August 31, 2018. Owing to special efforts by

Company staff and consultants, the Bell Mountain project was specifically listed as exempt

from the new withdrawal notice. Although certain Navy restrictions are expected to affect the

project, the exemption allows for the project to advance in the near term.

A Mine Plan of Operation (“MPO”) based on existing information was submitted to the BLM in

late August, prior to the new four-year withdrawal notice. The Company has since responded

to BLM comments on the MPO. Also submitted to the BLM are applications for a water pipeline

right-of-way and road access right -of-way to the property . The Company is awaiting

administrative approval by the BLM of these three key applications . The Company is also

working to address permitting and engineering requirements of the Bureau of Mining

Regulation and Reclamation under the Nevada Division of Environmental Protection. Eros’

conceptual mine plan is available on the Company’s website at www.erosresourcescorp.com

under the Bell Mountain project, Technical Reports and Presentations.

Environmental baseline studies and permitting support for the Bell Mountain project are being

provided by Stantec Consulting Services, Inc. (Reno, Nevada). Engineering support is being

provided by Welsh Hagen Associates (Reno, Nevada).

The Company also wishes to advise that Don Siemens has resigned as Director of the

Company to pursue other professional activities. We wish to thank Mr. Siemens for the

significant contributions he has made as a Director since being elected by shareholders in 2013

and we wish him well in his endeavours.

Mr. Jeffrey Wilson is a consulting geologist to the Company based in Carson City, Nevada.

Mr. Wilson is a "qualified person" under NI 43 -101, and has reviewed and approved the scientific

and technical information contained in this news release.

About Eros

Eros Resources Corp. is a Canadian public company focused on the exploration and development

of resource projects in North America. Eros has as its prime business objective the selection of

strategic investments with a Canadian focus and a diverse commodity base. The Company’s

expertise in the resource sector supports the selection of these strategic investments.

On behalf of the Board of Directors of

Eros Resources Corp.,

Tom MacNeill

Chairman of the Board of Directors

(604) 688-8115

Cautionary note regarding forward-looking statements

Certain statements made and information contained herein may constitute “forward looking information” and

“forward looking statements” within the meaning of applicable Canadian and United States securities legislation,

including, among other things, this p ress release includes references to mineral resources and future potential

forecast economics of extracting those resources. There is no certainty that any portion of the resources will be

confirmed with greater certainty. If confirmed, there is no certainty that it will be commercially viable to extract any

portion of the resource. There is no certainty that access to the resource area will be re-established, and if access

to the resource area is blocked for an extended period of time, or permanently, ther e is no certainty that any

compensation will be received by the Company. Forward-looking information involves known and unknown risks,

uncertainties and other factors that may cause actual results or events to differ materially from those expressed

or implied by such forward-looking information, including the re-establishment of physical access to the property,

the availability of adequate and secure sources of funding to construct the extraction facilities required to extract

the mineral resources, prevailing commodity prices, the receipt of regulatory approvals, environmental risks and

the performance of personnel. While the Company considers its assumptions to be reasonable as of the date

hereof, forward-looking statements and information are not guarantees of future performance and readers should

not place undue importance on such statements as actual events and results may differ materially from those

described herein. The Company does not undertake to update any forward -looking statements or information

except as may be required by applicable securities laws.

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts

responsibility for the adequacy or accuracy of this release.