Mr. Marcio Fonseca reports

GOLDPLAY ANNOUNCES SIGNIFICANT SILVER VALUES OF UP TO 1,285 GPT AGEQ OVER 1.5 METRE INTERSECTION FROM SAMPLING PROGRAM ON HISTORICAL CORE, SUPPORTING THE HIGH-GRADE NATURE OF THE SAN MARCIAL PROJECT, AND UPSIDE POTENTIAL FOR RESOURCE EXPANSION

Goldplay Exploration Ltd. has provided initial results from sampling of the first of 22 historical core drill holes completed in 2010, on the company's San Marcial project in Mexico. These drill holes were not incorporated in the historical National Instrument 43-101 resource completed in 2008 and thus represent an opportunity for resource expansion. The results to date have successfully demonstrated continuity of the silver, lead, zinc and gold mineralization down dip and revealed new geological features, supporting upside opportunity for the discovery of new mineralized zones at San Marcial. The core sampling program has successfully identified a high-grade mineralized zone hosted in hydrothermal breccias close to major geological structures crosscutting a highly altered volcanic sequence. Highlights of results for the sampling of drill hole SM10-22 include:

• 19.5 metres at 157 grams per tonne silver equivalent, including 1.5 metres at 1,285 g/t AgEq.

The attached table summarizes the most significant drill results (uncut) from SM10-22 for this news release.

  
Hole No.     From (m)   To (m) Interval (m)   True width    Ag (g/t)  Pb (%) Zn (%) Au (g/t) AgEq* (g/t)

SM10-22        245.7    259.2         19.5          19.5        143     0.1    0.2      0.2         157     
Including      256.7    257.1          0.4           0.4        221     0.1    0.1      2.3         404     
Including      257.5    258.2          0.7           0.7      1,940     0.2    0.9      0.1       2,000    
Including      256.7    259.2          1.5           1.5      1,197     0.2    0.9      0.1       1,285    

Note: all numbers are rounded.

* AgEq (silver equivalent) is calculated from grams per tonne data. AgEq g/t is equal to Ag g/t plus 
  Au g/t multiplied by (Ag price per ounce divided by Au price per oz) plus (Pb grade multiplied by 
  ((Pb price per pound/Ag price per oz) multiplied by 0.0685714 lb per troy ounce multiplied by 10,000 
  grams per per cent)) plus (Zn grade multiplied by ((Zn price per lb/Ag price per oz) multiplied by 
  0.0685714 lb per troy ounce multiplied by 10,000 g per per cent)). Ag price per oz ($16.50 (U.S.)), 
  Au price per oz ($1,250 (U.S.)/oz), Pb price per lb (95 U.S. cents) and Zn price per lb ($1.15 (U.S.))
  and 100-per-cent metallurgical recovery. 

Goldplay president and chief executive officer Marcio Fonseca commented: "Goldplay's systematic sampling of 22 existing core drill holes (previously only partially sampled) is aimed at expanding resources and delineating mineralized zones to support a high-grade bulk minable open-pit target at the San Marcial project. We also expect to complete a detailed 3-D geological and silver mineralization model. The core reviewed to date reveals a structurally controlled mineralized system, with silver mineralization associated with significant concentrations of lead, zinc and gold, hosted by hydrothermal breccias and fault zones. There is evidence of more than one mineralized event and epithermal features, which are common in the historic Rosario mining district. The wide hydrothermal breccias hosting the mineralization are closely associated with faults and suggest a large orebody geometry favourable for low strip ratio open-pit exploration targets."

The attached table highlights historical results from previous drill programs incorporated in the historical resource.

  
Hole       From (m)    To (m)   Int. (m)   True width (m)  AgEq (g/t)  Ag (g/t)  Lead (ppm)  Zinc (ppm)     Au (g/t)

SM-1            36        42          6             5.71         111       100        0.08        0.18           na
SM-2           0.4        12      11.61            11.61         382       350        0.21        0.50           na
SM-3           0.2        15       14.8            10.59         252       227        0.15        0.40           na
SM-4             6        63         57            53.95         270       235        0.31        0.47           na
SM-5           1.4        21       19.6            17.16         300       282        0.17        0.23           na
SM-7           105       111          6             4.39         120        91        0.35        0.32           na
SM-9            30      44.5       14.5            12.68         565       540        0.19        0.36           na
SM-9            30        36          6             5.25       1,253     1,226        0.24        0.34         0.03
SM-11          114       132         18            11.75         467       419        0.37        0.69           na
SM-11          114       123          9             5.88       1,012       939        0.56        0.89         0.12
SM-12         33.3      52.5       19.2            12.64         144       130        0.08        0.22           na
SM-12         99.3     100.3          1             0.66       3,685     3,600        0.03        0.63         0.72
SM-12         97.5     100.3        2.8             1.85         933       862        0.02        0.17         0.83
SM-13           50      73.2       23.2            17.50         681       621        0.49        0.85           na
SM-13           54     69.75      15.75            11.88         926       868        0.47        0.84           na
SM-15        78.07     119.7      41.63            39.36         153        80        0.51        1.11           na
SM-16           27     48.57      21.57            15.27         136        76        0.34        0.98           na
SM-16           43     45.57       2.57             1.82         449       210        0.33        4.73           na
SM-17       169.47    172.52       3.05             1.98         249       215        0.20        0.32         0.15
SM-18A       38.82     47.83       9.01             7.77         351       314        0.34        0.50           na
SM-18A       68.34      81.7      13.36            11.45          84        41        0.42        0.56           na
SM-20        143.9    178.37      34.47            23.55         211       101        0.48        1.40         0.32
SM-20        148.9    153.22       4.32             2.95         369       245        0.20        0.37         1.31
SM08-04      153.4    258.75     105.35           105.35          23         5        0.12        0.28           na
SM08-05      135.5     242.5        107           107.00          47         7        0.32        0.57           na
SM08-08         93     186.3       93.3            93.30         165       104        0.47        0.79         0.06
SM08-08       99.8       110       10.2            10.20         508       324        0.07        1.73         1.31
SM08-10      224.2    259.65      35.45            35.45          64        38        0.21        0.34         0.03
SM08-10      225.8    228.85       3.05             3.05         297       195        0.82        1.38         0.05
SM08-12       17.4        61       43.6            43.60         164       140        0.14        0.35         0.03
SM08-12      21.95     26.75        4.8             4.80         414       346        0.53        0.93         0.03
SM08-13     214.25     245.6      31.35            31.35          76        50        0.09        0.41         0.03

Note: All numbers are rounded.

Drill hole SM10-22 intercepted a wide mineralized zone comprising hydrothermal breccias and fault zones, 100 metres down dip from the closest historical resource intersection at SM08-10.

The sampling of SM10-22 consisted of an extensive multielement data set allowing Goldplay to enhance the understanding of the geological environment further and provide guidance for planned additional drilling and exploration activities in the San Marcial project.

Results of sampling of SM10-22 have confirmed the continuity of high-grade silver mineralization and anomalous values for lead, zinc and gold down dip outside of the historical resource. The high-grade interval from this hole represents the deepest intersection outside of the historical resource to date in the San Marcial project. As a result of the success of sampling of SM10-22, Goldplay has commenced the sampling of the remaining 21 holes that were not included in the historical resource, and will complete a new detailed 3-D model, in anticipation of a new resource estimate in the December quarter, 2018.

In addition to the successful sampling of historical drill core, the company anticipates approval of new drilling permits for the San Marcial project in Q3 2018. Goldplay has also received Ejido (community) approvals to carry out its planned exploration activities in the San Marcial project.

Geological background for San Marcial project

The geological setting at the San Marcial project consists of a volcaniclastic package with intercalations of agglomerates, andesites, tuffs and rhyolites, deposited in an epiclastic environment and locally cut by diorite dikes. The silver mineralization is controlled by northwesterly trending faults dipping to the northeast, where hydrothermal breccias occur along the footwall. The highest silver values are related to these hydrothermal breccias and fault zones. The mineralization is also impacted in a number of locations by regional-scale north-northwest-trending faults.

The high-grade silver mineralized zones at San Marcial vary from a couple of metres up to tens of metres in width, outcropping at surface, as defined by mapping, trenching and sampling. The hydrothermal breccias indicate intense hydrofracturing, with transport and rounding of fragments, as well as cementing by a clay or silica matrix in multiphase mineralized events. The mineralization is largely oxidized, and geochemical distribution indicates that the metalliferous hydrothermal solutions carried high-grade silver and anomalous lead, zinc and gold. The localized gold values provide opportunities for new exploration discoveries at the San Marcial project.

San Marcial project continuing exploration

In addition to the work completed to date reviewing the San Marcial historical resource, the existing large exploration data set (completed by previous operators) and continuing reinterpretation of all data with 3-D modelling, Goldplay is carrying out the following activities:

• Sampling and mapping of outcrops inside the historical resource area for better delineation of open-pit targets on surface;
• Sampling and mapping of historical underground workings in the centre of the area which provide upside potential for resource expansion;
• Surface exploration including channel sampling and mapping along the 3.5-kilometre mineralized trend, outside of the historical resource, to define new drilling targets;
• Upon receipt of drilling permits, initiate a drilling program to continue the expansion of the resource, not only along strike, but also down dip, in the historical resource area, based on continuity of high-grade silver mineralization demonstrated by results from the drill hole SM10-22.

Quality assurance/quality control protocols

Thorough QA/QC protocols are followed in all sampling programs and in assays completed by the company. Goldplay's management includes routine duplicates, blanks and standard samples in assay lots for all surface and drill hole samples. The samples are submitted directly to the SGS laboratory facilities in Durango, Mexico, for sample preparation and assaying. The assaying at SGS is by fire assay with AA finish, for Au (over 10 parts per million gravimetric finish), Ag ICP-AES with four-acid digestion (up to 100 ppm). For Ag results over 100 ppm an ICP-AES four-acid digestion with detection limit from 100 to 1,000 g/t is completed at SGS laboratories in Vancouver, Canada. For samples with over limits of Zn and Pb (over 10,000 ppm), an ICP-AES with sodium peroxide fusion is performed, to improve recovery.

The qualified person under the National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is Marcio Fonseca, president and chief executive officer of Goldplay, who has reviewed and approved its contents.

About Goldplay Exploration Ltd.

Goldplay owns an over 250-square-kilometre exploration portfolio in the historical Rosario mining district, Sinaloa, Mexico. Goldplay's current exploration focus includes surface exploration and drilling, with a resource update to follow at the advanced-stage San Marcial project and follow-up exploration program at the El Habal project.

We seek Safe Harbor.