Mr. Daniel Evans reports

MAGNUM GOLDCORP COMPLETES DRILLING ON ITS LH GOLD EXPLORATION PROPERTY, B.C.

Magnum Goldcorp Inc. has completed its helicopter-supported drill program on the LH gold exploration property. The LH property consists of 19 contiguous Crown-granted claims and six mineral claims, located approximately seven kilometres south of Silverton, B.C., on the east side of Slocan Lake. Access to the LH property is via Highway 6 for eight km south of Silverton, and then via Red Mountain Road for two km and a four-wheel-drive road along Fingland Creek for five km.

As part of its 2014 exploration program, the company completed four drill holes at two set-up locations for a total of 707 metres of BTW core. The program was initiated to make an initial test of anomalies identified from the recently completed ground geophysical survey (see the company's news releases of May 23, 2014, Aug. 26, 2014, and Sept. 12, 2014, for additional details and information regarding the current exploration program for the LH property project).

Core from drill hole LH-14-26 was split in its entirety, with sampling in the subsequent three holes limited to mineralized intervals having approximately 2 per cent pyrrhotite over greater than one metre. Sampling of the remainder of the holes has been postponed to a later date. Drill core has been split at approximately one-metre intervals. Samples have been submitted to AGAT Laboratories in Burnaby, B.C., for analysis. Assay results will be reported by the company when received and reviewed. This news release has been reviewed and approved by Rick Walker, PGeo, who is acting as the company's qualified person for the LH property project, in accordance with regulations under National Instrument 43-101.

By option agreement dated Sept. 6, 2012, the company was granted an option by International Bethlehem to acquire a 51-per-cent interest in the LH property. Under the option, Magnum Goldcorp has agreed to incur expenditures on the LH property totalling $500,000 ($250,000 by November, 2014, and an additional $250,000 by November, 2015). As well, Magnum Goldcorp has agreed to issue three million shares to International Bethlehem (one million shares by November, 2014; an additional one million shares by November, 2015; and an additional one million shares upon the LH property receiving a bankable feasibility report on or before 10 years after the option has been earned in). The LH property is subject to certain net smelter return royalties (see the company's news release dated Sept. 21, 2012, for additional details and information regarding the option and the LH property).

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