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Glacier Lake Commences 2017 Exploration Program at Silver Vista

Exploration Programs

Suite 2000 – Oceanic Plaza, 1066 West Hastings Street, Vancouver, BC V6E 3X1

O: 604-688-2922 TF: 866-687-7059 www.glacierlake.ca

GLACIER LAKE COMMENCES 2017 EXPLORATION PROGRAM AT SILVER VISTA

Vancouver, B.C. – August 16 th, 2017 – Glacier Lake Resources Inc. TSXV: GLI – (“Glacier” or the

“Company”) is pleased to announce that it has commenced the 2017 first pass exploration program on

its Silver Vista property near Smithers, British Columbia. The multiple objectives of the first pass program

are to verify access into the various parts of the propert y, locate the main showings and prospect

favourable areas identified by Amarc Resources Ltd., during its 2011 through 2014 exploration programs.

Glacier Lake plans to follow this first pass program with a diamond drilling program later in the field

season. The Company has posted the requested bond with the British Columbia Ministry of Energy and

Mines and anticipates receiving its drilling permit shortly.

The drilling will target the MR zone, a clastic sediment -hosted, fine grained, disseminated copper silv er

zone. Historic exploration includes soil geochemistry, trenching and diamond drilling in an area of limited

outcrop exposure:

• Soil geochemistry outlined an area approximately 1.5 by 2.0 kilometr es around the MR prospect

area.

• Six excavator trenches highlighted an area 100 metres long by 17 metres wide, with three of the

trenches intersecting mineralized bedrock: trench 2 – 10.5 metres at 0.22% Cu and 38 gpt Ag,

trench 3 – 16.5 metres at 0.53% Cu and 74 gpt Ag and trench 4 – 15 metres at 0.53% Cu and 28

gpt Ag.

• Fourteen drill holes totaling 1,252.5 metres identified a semi-continuous zone 300 metres long by

50 metres wide by 3 to 150 metres deep with two of the holes ending in mineralization. Key

intercepts include: MR91-01 – 32.87 metres at 0.19% Cu and 34.8 gpt Ag, MR91-03 – 61.91 metres

at 0.11% Cu and 40.5 gpt Ag, MR91-04 – 25.9 metres at 0.08% Cu and 62.6 gpt Ag and MR92-02 –

36.58 metres at 0.49% Cu and 26.8 gpt Ag.

Three other anomalous zones were identified by Amarc during its exploration programs. Further details

can be found in the recently completed 43 -101 report on the property located under the Company’s

SEDAR profile.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P.Geo.,

a member of the Glacier Lake Advisory Board and a qualified person as defined by National Instrument 43-

101 – Standards of Disclosure for Mineral Projects.

Suite 2000 – Oceanic Plaza, 1066 West Hastings Street, Vancouver, BC V6E 3X1

O: 604-688-2922 TF: 866-687-7059 www.glacierlake.ca

FOR ADDITIONAL INFORMATION PLEASE CONTACT:

Saf Dhillon

President/CEO

Glacier Lake Resources Inc.

Tel: 866-687-7059

Dir: 604-688-2922

[email protected]

Please visit our Website at: www.glacierlake.ca

Neither 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.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other

than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations

expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future

performance and actual results or developments may differ materially from those in forward- looking statements. Factors that

could cause actual results to differ materially from those in forward -looking statements include market prices, continued

availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such

statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do

not assume any obligation to update any forward-looking statements except as required under the applicable laws.