Mr. Chris Taylor of Great Bear reports

12.0 M OF 5.24% ZN, 1.59% PB AND 30 G/T AG AT BA PROJECT

Great Bear Resources Ltd. and Mountain Boy Minerals Ltd. have provided an update. Great Bear has released initial trench sampling results from its 50-per-cent-owned BA project in the Golden Triangle district of British Columbia. At the BA project, the BA zone represents the surface exposure of a large volcanogenic massive sulphide system that has been previously drill tested over 1.5 kilometres of strike. The zone is located between 2.5 and four kilometres from paved Highway 37A, the main access route to Stewart, B.C., and remains open to extension.

Highlights of the work program results received to date include:

• Trench C2 inclued 12.0 metres of 5.09 per cent zinc, 1.81 per cent lead and 20 grams per tonne silver within 39.0 m of 3.76 per cent Zn, 2.26 per cent Pb and 30 g/t Ag.
• Trench C included 1.5 m of 6.64 per cent Zn, 2.71 per cent Pb and 21 g/t Ag within 19.5 m of 3.92 per cent Zn, 1.55 per cent Pb and 44 g/t Ag.
• Trench D included 12.0 m of 5.24 per cent Zn, 1.59 per cent Pb and 30 g/t Ag within 19.5 m of 3.96 per cent Zn, 1.05 per cent Pb and 20 g/t Ag.
• Glacial retreat since 2010 has exposed strike extensions of the zone which have now been sampled.
• Relogging of historical drill core has revealed a high-grade sulphide-carbonate overprint of the stacked volcanogenic massive sulphide system (VMS), comprising a core of enhanced grade that is traceable along strike at surface.

"The BA zone is an extensive zinc-silver-lead discovery located only two kilometres from paved highway," said Chris Taylor, Great Bear's chief executive officer. "Unlike many projects in the Golden Triangle, mineralization is neither remote nor deeply buried. Great Bear is currently reviewing results from over 20,000 m of past drilling and surface sampling to evaluate more comprehensively the extent and continuity of mineralization. Channel samples reported herein are from surface exposures of semi-massive to massive sulphide that are traceable at surface along the exposed length of the zone."

Samples from four additional trenches as well as resampled drill core are currently in the lab for processing. Once the company has received all results, a comprehensive 3-D geological model will be created to assist with planning for the 2017 exploration program at the BA project.

The channel sampling program targeted prospective zones of zinc-silver-lead-VMS-bearing stratigraphy. The work included a comprehensive relogging and sampling program of historical drill core as well as reinterpretation of the geological model. The new modelling confirms the presence of a stacked VMS system along with significant zones of higher-grade sulphide-carbonate enrichment, generally containing several per cent combined zinc and lead plus associated silver. Sampling has also identified strike extensions of the mineralized zones into areas where glacial cover has melted since the last drilling on the project was completed in 2010.

In 2010, Great Bear completed an 82-hole, 15,000-metre drill program within the BA zone. A table of historic drill results is published on the company's website.

R. Bob Singh, PGeo, director and vice-president, exploration, for Great Bear, is the qualified person as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.

We seek Safe Harbor.