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SKEL.V ·

Glacier Lake Commences Drilling at Silver Vista

Exploration Programs

Suite 2000 – Oceanic Plaza, 1066 West Hastings Street, Vancouver, BC V6E 3X2

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

GLACIER LAKE COMMENCES DRILLING AT SILVER VISTA

Vancouver, B.C. – February 26TH, 201 8 – Glacier Lake Resources Inc. TSXV: GLI – (“Glacier” or the

“Company”) has commenced its 1500 to 2500 metre diamond drilling at the Silver Vista project, northeast

of Smithers.

The initial drill program will concentrate on the main “MR” showing, a clastic sediment -hosted, fine

grained, disseminated copper silver zone. Historic exploration includes soil geochemistry, trenching and

diamond drilling in an area of limited outcrop exposure:

 2009 and 2012 soil geochemistry outlined a silver -in-soil anomaly approximately 1.5 by 2.0

kilometers around the MR prospect area.

 Six 1991 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.

 Drilling in 1991 and 1992 consisted of f ourteen drill holes totaling 1,252.5 metres and 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, including

2.84 metres of 3.65% Cu and 195.7 g/t Ag. MR92-02 represents the only deep hole to test this

zone, and is a primary drill target for follow-up

Glacier Lake Resources Inc. cautions investors the Company has yet to verify the Equity exploration date. Data

verification is one of the primary objectives of this drilling program. Further details and sources of information

can be found in the Silver Vista 43-101 report on the property located under the Company’s SEDAR profile and

on the Company’s website.

“It is both exciting and gratifying to reach the important drilling milestone for Glaci er Lake. The drill

campaign currently underway is expected to be the first of several phases of drilling at Silver Vista”, says

Saf Dhillon, President & CEO. The Company is fully permitted for 10,000 metres of drilling at upwards for

40 sites.

QA/QC

Supervision, organizati on and splitting of drilling core samples are undertaken by personnel from

geological consultant Mammoth Geological Ltd. The entire core length will be sawn with samples collected

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

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

at continuous 1 metre intervals utilizing one half of the core. Samples will be catalogued by Mammoth

geologists and stored in a secure location. Certified reference standards will be placed in the sample

stream of each drill hole at random intervals. Blank material was also inserted at random intervals.

Samples were packed into rice bags, zap strapped and securely stored until they were turned over to the

local trucking company for transport to the ALS Minerals Laboratory in North Vancouver, B.C.

All core samples will be analyzed utilizing ALS’s MEICP-61 procedure, a 4 acid digestion of a 1 gram sample

with an ICP finish. Samples with over-limit copper or silver values will receive a ME-OG62 analysis, a four

acid digestion of a 0.5 grams sample with ICP-AES finish.

For additional information please feel free to 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 sta tements 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 o wn evaluation of such uncertainties. We do

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

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.