Mr. Dennis McKnight reports

HI HO SILVER RESOURCES INC. ACQUIRES MAJOR LAND POSITION, BRALORNE-PIONEER GOLD BELT, B.C. CANADA

Hi Ho Silver Resources Inc. has purchased 77 mineral tenures covering 1,146 hectares in the Bridge River-Bralorne-Pioneer gold belt of Southern British Columbia, pursuant to a property purchase agreement dated Feb. 9, 2015, with Turnagain Resources Ltd. and 0998601 B.C. Ltd. The claims cover the six kilometres southeast extension of the mineral belt extending through the historic Pacific Eastern prospect (sometimes known as the Pioneer Extension) as far as the Dan Tucker prospect.

The majority of this land was formerly covered by Crown grants, now all reverted, all of which were issued for the purpose of advancing exploration and development of the patent lands. The area is located 241 kilometres northeast of Vancouver and 11 kilometres northwest of Gold Bridge.

Consideration for 100-per-cent interest in the claims, with no retained net smelter royalty, was $10,000 cash and three million common shares to Turnagain Resources, and two million common shares to 0998601 B.C. All shares will have a hold period until June 9, 2015.

The Bralorne and Pioneer mines, currently held by Avino Silver & Gold Mines Ltd., have been in production since 1928, with a cumulative production from the Pioneer of 5.5 million tons grading 0.5 ounce per ton gold, and from the Pioneer 2.5 million tons of 0.54 ounce per ton gold. This production was achieved from a vein system extending about three kilometres in length and to a depth of 1,830 metres. The prospective new property covers the adjoining Pacific Eastern vein system, partly developed by a shaft and underground drifts, and extends southerly for six kilometres along the mineral trend. The Cadwallader fault, a major structural feature of the belt, runs the entire length of the claim block.

The reader is cautioned that this property is in the exploration stage, and that no mineral resource or mineral reserves are known on the property. There can be no assurance that additional exploration will result in the discovery of a mineral resource or that if discovered such resource can be economically mined.

Case Lewis, PGeo, an independent qualified person under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.