Mr. Wayne Reid reports

GTA DIVERSIFIES ITS EXPLORATION PROGRAM WITH THE ACQUISITION OF THE BURNT POND ZN-CU PROJECT IN CENTRAL NEWFOUNDLAND

GTA Resources and Mining Inc. has acquired a 100-per-cent interest in the Burnt Pond Zn-Cu (zinc-copper) property in central Newfoundland. The property consists of six separate claim licences (103 units), located in the Tally Pond volcanic belt which hosts Teck Resources Ltd.'s Duck Pond mine and a number of other Cu-Zn-Ag-Au (copper-zinc-silver-gold) massive sulphide deposits.

The core claims were staked by GTA in March, 2015. Two other licences (47 claim units) were recently purchased from an arm's-length vendor. The closing on the latter two licences is subject to regulatory approval. Burnt Pond allows GTA to diversify into a zinc-copper project, in a producing belt with excellent infrastructure and a mining-friendly jurisdiction.

The Duck Pond mine is classified as a VMS (volcanogenic massive sulphide) deposit and achieved commercial production in 2007 with an initial resource of six million tonnes grading approximately 3 per cent Cu, 6 per cent Zn, 60 grams per tonne (g/t) Ag and 0.9 g/t Au. The GTA claims are underlain by the same geological package of altered felsic volcanic rocks as are common to the Duck Pond mine. The area has extensive geophysical and geochemical coverage and historic drilling by third parties was quite limited. A number of untested EM (electromagnetic) targets, coincident with anomalous base metals (Zn, Cu, lead (Pb), Au and Ag) in both rock and soils remain to be evaluated. Anomalous base metal values associated with the VMS-style alteration, includes the Wim showing (1.9 per cent Zn, 1.5 per cent Pb) and drill intersections of 1.0 per cent Zn over 2.9 metres.

Commented Wayne Reid, president and chief executive officer of GTA: "The Burnt Pond project represents an opportunity to piggyback on 20 years of previous fieldwork in a mine environment and to test targets and ideas defined during this time. The property is only eight km from the Duck Pond mine/mill complex and this type of deposit generally occurs in clusters along the volcanic trend. The existing targets can be easily advanced to a drill stage with the use of more modern technology. The zinc market appears ready for a strong rebound in both demand and pricing and this represents a low-cost entry into this market, with no option commitments or future royalties."

The initial exploration program will consist of grid geophysics (gravity and EM) along the favourable geology with follow-up drilling anticipated for late 2015.

Subject to regulatory approval, GTA will complete the acquisition of the 47-unit Burnt Pond claims by paying the sum of $3,055 and by issuing 1.2 million common shares at a deemed issue price of five cents per share.

Robert Duess, PGeo, vice-president, exploration, for GTA and a qualified person as defined in National Instrument 43-101, is responsible for this release, and supervised the preparation of the information forming the basis for this release. Where third party information is referred to, GTA has not assisted in the preparation or compilation of such information and cannot attest to the reliability of such information.

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