Mr. James Macintosh reports

GTA COMMENCES DRILLING ON ITS BURNT POND ZINC-SILVER PROJECT IN CENTRAL NEWFOUNDLAND

GTA Resources and Mining Inc. has started its first diamond drill program at its 100-per-cent-owned Burnt Pond zinc-silver (Zn-Ag) project located along strike from Teck Resources Ltd.'s past-producing Duck Pond copper-zinc (Cu-Zn) mine in central Newfoundland. GTA recently completed ground geophysics, geochemistry and compilation on the 114-claim project resulting in the delineation of a number of Zn-Ag targets, two of which will be drilled starting this week.

This first program will consist of roughly 800 metres of drilling, testing two Zn, Ag, Cu and Pb (lead) targets. The first target area, the South Moose B, is a recent discovery of strongly altered fragmented felsic rocks with anomalous Zn, which is contiguous with an untested conductive zone. GTA recently completed a geophysical survey and defined two parallel conductors that are the primary targets. A second target area, the Burnt Pond prospect, is a previously discovered polymetallic VMS (volcanogenic massive sulphide) horizon with historic, third party drill intersections including 25.8 per cent Zn, 24.0 per cent Pb, 0.8 per cent Cu, 791.1 grams per tonne Ag and 1.6 g/t gold (Au) over 0.37 metre within a wider 12 m zone of semi-massive sulphides. The Burnt Pond horizon can be traced with geophysics, and the most northeasterly historic hole intersected the horizon as a 50 m wide zone of strongly altered fragmented felsic rocks with anomalous Zn, including 0.88 per cent Zn over 15.2 m. Initial drilling on the second target area will include 200 m step-outs along strike to the northeast where there has been no previous testing.

Burnt Pond is contiguous with Teck's Duck Pond mine, which produced approximately six million tonnes grading approximately 3 per cent Cu, 6 per cent Zn, 60.0 g/t Ag and 0.09 g/t Au from two deposits. While the operation closed in 2014, Teck's infrastructure, including its mill, remains on-site. These deposits are categorized as VMS deposits, which generally occur as clusters along linear volcanic belts. There are a number of other VMS deposits in the general area, including the world-class Buchans mines. The GTA claims are within five km of the northeast corner of the mined area at Duck Pond and are underlain by the same geological package of altered felsic volcanic rocks that are common to Duck Pond.

Quality assurance/quality control

Wayne Reid, PGeo, vice-president, exploration, for GTA and a qualified person as defined in National Instrument 43-101, is responsible for this release. He has extensive experience in the exploration for base metals in the central Newfoundland mineral belt and was part of the original team that explored the Duck Pond belt.

GTA would also like to report that its updated website will be live this week.

About GTA Resources

GTA is led by an experienced and successful management team and is focused on exploring for gold and zinc in Canada. GTA is a tightly held company having 41,026,855 shares outstanding with its joint venture partner, Balmoral Resources, holding a 6.3-per-cent interest. The company currently has two projects located in Northern Ontario: the more-than-51-per-cent-owned Northshore project near Schreiber and the 100-per-cent-owned Auden project near Hearst. GTA also owns a 100-per-cent interest in the Burnt Pond project in central Newfoundland, along strike from Teck Resources Ltd.'s past-producing Duck Pond Cu-Zn mine.

We seek Safe Harbor.