RATHDOWNEY APPOINTS VP INVESTOR RELATIONS Invites investors to join us at the PDAC BOOTH 2623B

RATHDOWNEY APPOINTS VP INVESTOR RELATIONS

Invites investors to join us at the PDAC BOOTH 2623B

February 24, 2017, Vancouver, BC – Rathdowney Resources Ltd. (“Rathdowney” or the “Company”) (TSXV: RTH)

is pleased to announce the appointment of Roger Blair as Vice President, Investor Relations of the Company. Mr.

Blair has extensive experience in the corporate communicati ons and investor relations field. He has significant

expertise in the resource industry with a proven tr ack record of success in exploration, development and

production companies.

For over 15 years, his focus has been cultivating relationships in the North American and international investment

community, and developing and executing Investor Relati ons programs creating significant shareholder value.

He most recently worked in Investor Relations at Ki n Communications Inc., and was Senior Advisor, Investor

Relations for Rathdowney from 2011 to 2015.

David Copeland, Chairman of Rathdowney said, “We are delighted to welcome Roger back to Rathdowney and

into his new role as Vice President, Investor Relations. His skills and experience with the investment community

and his depth of understanding of the Company will help us expand our shareholder base as we advance our

flagship Project Olza through the engineering and permitting stages and toward production.”

Rathdowney invites investors to meet with Roger at the upcoming Prospe ctors and Developers Conference in

Toronto. Join us at Booth 2623B at the Investors Exchange , Exhibit Halls F&G - South Building, Metro Toronto

Convention Centre from 10 am-5 pm on Tuesday, March 7 and 9 am-12 pm on Wednesday March 8, 2017.

About Rathdowney and Project Olza

Rathdowney Resources Ltd. is focused on advancing its Project Olza through permitting and into production.

Project Olza is located in the Upper Silesian Mining District of southwestern Poland, a world-class region of

Mississippi Valley-type zinc-lead deposits with well-developed mining infrastructure. A railway line through the

Olza project-area provides direct access to smelters in Europe and to tidewater to reach off-shore facilities.

Strong potential financial returns are indicated for a 6,000 tpd low-cost, bulk-tonnage underground operation

and conventional treatment fac ility, producing two clean, low- iron, marketable concentrates 1. In addition,

extensive property-wide historic drilling by the Polish State as well as recent drilling by Rathdowney have shown

excellent potential to expand mineral resources2 to support a long-life mine.

For further details on Rathdowney and Pr oject Olza, please visit our website at www.rathdowneyresources.com

or contact Roger Blair, VP Investor Relations at 604-684-6365 or toll free (NA) at 1-800-667-2114.

1 For additional details, see Rathdowney’s April 20, 2015 news release and December 31, 2014 Preliminary Economic Assessment

Technical Report which is filed at www.sedar.com.

2 Current mineral resources: 24.4 million tonnes of inferred @ 7.02% Zn+Pb (5.53% Zn, 1.49% Pb) estimated at a 2.0% Zn cutoff; Mineral

resources that are not mineral reserves do not have demonstrated economic viability.

Historical estimate (1990) Zawiercie I & II: 77 Mt @ 6.15% Zn+Pb by the Polish State Geological Institute (PSGI) from PSGI 1992 report

based on the Polish resource classification system, which is very similar to the Soviet classification system. A QP has not done

sufficient work to classify the estimate as current mineral resources and the Company is not treating it as current.

2

David Copeland, PEng., Chairman of Rathdowney and a qualified person as defined under NI43-101, has reviewed

the technical information in this release.

On behalf of the Board of Directors

David Copeland

Chairman

Neither the 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.

This release includes certain statements that may be deemed "for ward-looking statements". All stat ements in this release, other than

statements of historical facts, that addre ss exploration drilling, exploitation activiti es and events or developments that the Company

expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements

are based on reasonable assumptions, such statements are not g uarantees of future performance and actual results or development s

may differ materially from those in the forward-looking statemen ts. Assumptions used by the Comp any to develop forward-looking

statements include the following: the Olza project will obtain all required environmental and other permits and all land use an d other

licenses, studies and development of the Olza project will continue to be positive, and no geological or technical problems wil l occur.

Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, ex ploitation

and exploration successes, continuity of mineralization, potentia l environmental issues and liabilities associated with explora tion,

development and mining activities, uncertain ties related to the ability to obtain necessary permits, licenses and title and del ays due to

third party opposition, changes in government policies regarding mining and natural resource ex ploration and exploitation, cont inued

availability of capital and financing, and general economic, mark et or business conditions. Inve stors are cautioned that any su ch

statements are not guarantees of future performance and actual re sults or developments may differ materially from those project ed in

the forward-looking statements. For more information on the Comp any, investors should review the Company's continuous disclosur e

filings that are available at www.sedar.com.

Information Concerning Estimates of Inferred Resources

This news release uses the term "inferred mineral resources". Rath downey Resources Ltd. advises investors that although these t erms

are recognized and required by Canadian regulations (under National Instrument 43-101 Standards of Disclosure for Mineral Projects), the

U.S. Securities and Exchange Commission does not recognize them. Investors are cautioned not to assume that any part or all of the

mineral deposits in these categories will ever be converted into reserves. In addition, "inferred resources" have a great amou nt of

uncertainty as to their existence, and economic and legal feasibil ity. It cannot be assumed that all or any part of an Inferred Mineral

Resource will ever be upgraded to a higher category. Under Ca nadian rules, estimates of Inferred Mineral Resources may not form the

basis of feasibility or pre-feasibility stud ies, or economic studies except for Pre liminary Economic Assessment as defined unde r 43-101.

Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable.