Mr. Shaun Dykes reports

LUCKY MINERALS FILES UPDATE 43-101 REPROT

The non-independent report entitled "The Emigrant Mining District Project" mentioned in a previous press release from Lucky Minerals Inc.'s dated Sept. 1, 2015, has been updated and filed on SEDAR. The update has been reviewed by the B.C. Securities Commission prior to release.

The report contains a description of the various historic work programs and an analysis of possible potential of the different zones present within the property. Several historic resources are reported within the report including the 2008 resource calculation completed by Tetra Tech from New Edge Gold which is disclosed as a historic resource. The historic inferred mineral resource for the DUV Breccia pipe using a low cut-off of 0.01 ounce per ton gold was estimated to be 1,646,000 tons at a grade of 0.0286 ounce per ton gold that would contain approximately 47,000 ounces of gold with additional silver and copper credits and anomalous molybdenum mineralization.

The inferred geologic resources calculated by Tetra Tech used a block model with a 10-by-10-by-10-foot block size. Approximately 25 million blocks were generated in the model. Approximately 3,300 five-foot intervals were converted into 10-foot assay composites, and statistical analyses were run on gold (ounces per ton), silver (ounces per ton) and copper (per cent). Variograms for the metals exhibited a strong anisotropy, with a vertical range of 100 feet, a northeast trend of 50 feet and a short cross-trend of 25 feet. The data were kriged using a general relative kriging model. The search parameters were established as the nearest four points, with the search ellipse using the modelled gold variogram ranges of values. The same search parameters were used for all metals. Rock densities were not reported for the drill samples and therefore, a default density of 12.5 cubic feet per ton was used.

Note: The 2008 resource is considered a historical resource, as a technical report on the resource was never filed although the calculation was completed. It is the qualified person's opinion that the resource is reliable having been done by a reputable independent third party who verified data and checked assays. The qualified person has not done sufficient work to classify the historical resource as current. The company is not treating the resource as a current resource and does not intend to rely on this resource but will use it as a guide.

The report provides the support for the above disclosure of an historic resource. To upgrade the resource to current, additional drilling will be required, which the company is planning to do.

The company is working on updating the website with the current information.

Shaun Dykes, MSc (Eng), PGeo (No. 20044), a qualified person as defined in National Instrument 43-101, is responsible for the review of all scientific and technical information contained in this release.

We seek Safe Harbor.