Mr. Jose Antonio Berlanga reports

TELSON ANNOUNCES CASUALTY AT TAHUEHUETO

Telson Resources Inc. has confirmed the death of an employee of Tuneles y Servicios GMS, SA de CV, a company contracted to conduct underground-mining operations at the Tahuehueto project in Durango, Mexico.

Jose Antonio Berlanga, Telson's chief executive officer, stated, "We are deeply saddened by this unfortunate and tragic event and send our condolences and sympathies to the family of the deceased; the thoughts and prayers of Telson's board of directors and management are with his family, friends and co-workers during this difficult and traumatic time."

The deceased worker was a member of the contractor's underground-mining team and was fatally injured as a result of being struck by rock while conducting scaling operations during underground development. Telson and the contractor have stringent health and safety protocols in place, including regular safety meetings. Operations at Tahuehueto were temporarily suspended as the company's emergency-response team was immediately activated and an attempt was made to airlift the injured worker to hospital. Unfortunately, the worker succumbed to his injuries during his transportation to the hospital in Tepehuanes.

An initial investigation into the accident has been conducted by the Telson and reported to all required state and federal authorities. The preliminary findings have attributed the accident to human error and accordingly no cause was found to continue suspension of mining operations. A team from the Ministry of Economy (general mines department) arrived on-site today and is completing its investigations into the accident in co-ordination and with the full support from the company's and the contractor's personnel. Telson expects that the Ministry of Labour (worker's compensation and safety) will also attend the mine site next week.

About Telson Resources Inc.

Telson Resources is a Canadian/Mexican-based mining company currently in preproduction at its two Mexican mining projects, and is advancing both toward commercial production over the coming months of 2018. Telson's Tahuehueto project, located in northwestern Durango state, Mexico, and its recently acquired Campo Morado mine in Guerrero, Mexico are both polymetallic deposits containing significant gold, silver, lead, zinc and copper. At the recently acquired Campo Morado mine, Telson has recommenced mining and processing operations with preproduction from mine development on a trial basis at between 1,400 tonnes and 1,900 tonnes per day and ramping up toward achieving commercial production at full capacity of approximately 2,500 tonnes per day during 2018. Telson's Tahuehueto project, located in northwestern Durango state, Mexico, is currently in preproduction at approximately 150 tonnes per day, utilizing a toll mill for processing.