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File: AVX2017Jan17_looking forward Invictus (FINAL  saj11111.docx


ALTAIR LOOKING FORWARD:  THE INVICTUS ZINC PROSPECT, MITROVICA, KOSOVO 

VANCOUVER, BRITISH COLUMBIA - JANUARY 17, 2017:  ALTAIR RESOURCES INC. ("Altair" or the "Company") (TSX V: AVX; German
--->y FRA: 90A; ISIN: CA02137W1014; WKN: WKN A2ALMP) Mr. John Huguet, Chairman of the Board and CEO, provides the followin
--->g update:

We have just released the geological assessment of the technical reports for the Invictus Zinc Project on our 90% owne
--->d, 9.8 square kilometer Cerpulje License, Mitrovica, Kosovo (see news release January 11th, 2017).  This release featu
--->red, among many other news-worthy items, the four new discoveries made on the property in 2016.  Importantly, the disc
--->overies included some of the highest grade zinc samples produced through exploration in the industry over the past sev
--->eral years.  Our trenching results now include over 450 meters of chip sampling over various widths at multiple locati
--->ons with grades ranging from 2% to 40% zinc, and averaging 25% zinc and 2.5% lead.   While these are only chip samples
--->, they provide guidance for the Board to make targeting decisions.  The Board knows we need to test this property with
---> diamond drilling, and today has signed our first diamond drilling contract with the local subsidiary of Cabo Drilling
--->.   The project will start this March, with drilling to commence April 5th, weather permitting.  If possible a gravity
---> program will precede the drilling program. We have just closed our financing and have funds in hand to complete this 
--->program.  

We will initially test the zinc continuity in a target zone 500 meters long by 300 meters wide and 50 meters deep.  Th
--->e geologists have identified this zone as containing smithsonite mineralization, thereby explaining the high grades we
---> have encountered.  Smithsonite mineralization is usually caused by the supergene cycle of enrichment overlying the hy
--->pogene cycle. We intend to test the depth of these surface showings and test the continuity of this occurrence with th
--->e first phase of our drill program.  This will be a results-driven drill program.  If we are successful in proving up 
--->continuity it is most likely we would expand the drilling, both in length and depth to further test the extent of the 
--->zinc mineralization.  If this were the case Altair would go back to the market for additional financing.  If the resul
--->ts do not justify going further we will close up the project.

 The zone encountered so far on the property extends for a strike length of over 5,000 meters, open to the South, with
---> widths ranging between 200 and 500 meters.  Work in 2007 and 2008 by Lydian, a previous operator, tied some of the su
--->rface showings to zinc mineralization down to 400 meters.  Fortunately for Altair, they stopped short of the new disco
--->very zones.  Our local technical team, headed by Professor A. Kodra, PHD, Geology, who co-authored the book on the Geo
--->logy of Kosovo, is responsible for the new discoveries.  We have recently strengthened our technical team with the add
--->ition of Stewart A. Jackson, PHD, P. Geo and Qualified Person.   Dr. Jackson brings over 50 years of exploration exper
--->ience to the team.  He has worked on some of the major zinc discoveries on a world wide scale including, Pine Point, P
--->yramid, Red Dog and the Tennessee zinc districts.  Stewart tells us that deposits with these characteristics can be po
--->tentially of district scale, and can also be identified fairly early in the drilling program.  While failure is always
---> a possibility, and one must be prepared for this, the prospect justifies fully the steps we have now committed to tak
--->e: testing for the continuity with diamond drilling.  There is a definite risk/ reward factor here.  We should be able
---> to determine the next appropriate steps with these initial results.

The Invictus Project is located just 20 kilometers from the Trepja Mining Complex which had been in production commerc
--->ially since 1920, with some records stretching back to the time of the Romans.  Zinc grades varied over a broad range,
---> throughout the 90 plus years of commercial production.  Zinc was mined from near surface to depths below 1,400 meters
--->.  At its peak the Trepja Mine employed over 20,000 workers.  Kosovo is a mining friendly jurisdiction, with a young w
--->orkforce and infrastructure readily available.

The contents of this press release have been reviewed and approved by Dr. Stewart A Jackson, P.Geo. a Technical Adviso
--->r to the Company, and a Qualified Person under National Instrument 43-101.

To learn more about Altair, please visit http://altairresources.com.

ON BEHALF OF THE BOARD,

"John Huguet"

John Huguet, FCPA, FCMA
Chairman and CEO 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.