KIRKLAND LAKE, ON / ACCESSWIRE / May 31, 2016 / RJK Explorations Ltd. (TSXV: RJX.A), (“RJK”) is pleased to announce that it has entered into a property option agreement with Globex Mining Enterprises Inc. (“GMX”) to acquire a 100% beneficial interest in the mineral property referred to as the Ramp Property (“Ramp”) located in the Beatty, Carr, Coulson and Wilkie Townships, Province of Ontario, comprised of 66 unpatented mining claims, 16 patented mining claims, 3 mining leases and certain related patented and leased surface rights.

For the sum of $10,000, paid on signing, RJK is entitled to exercise the option to earn a beneficial 100% interest in the “Ramp” property, paying the sum of $250,000 on or before July 15, 2016 and granting a 2.5% GMR (Gross Metal Royalty) to GMX, which can be reduced by 1% with the payment of $2 million. The agreement also provides RJK will be required to pay a minimum annual payment under the GMR of $250,000 on every Anniversary of the Effective Date thereafter.

The Property is also subject to a 1.5% NSR in favor of a party related to GMX which can be reduced by 0.5% with the payment of $500,000. A 1.5% NSR is also payable to an unrelated party on two separate patented land parcels can be reduced by 1% with the payment of $300,000.

History of the Ramp Property

Cautionary Note on Historic Estimates: The following description is based on information provided by GMX which, although thought to be accurate, has not been independently verified by RJK. Included in the description are references to mineralization classified as a “reserve” or a “resource” which were prepared prior to implementation of National Instrument 43-101 (“NI 43-101”). RJK has not independently verified these results and considers them to be “Historical Estimates” under NI 43-101 since a qualified person has not done sufficient work to classify the historical estimates as a current mineral resource and RJK is not treating them as current mineral reserves.

GMX records indicate that work was first initiated on the property in 1915 when gold was discovered on the Beatty Township claims. ;Between 1915 and the 1960s, Hill Gold and Premier Gold Mining, Argyll Gold Mines, Sylvanite, Rio Rupununi Mines and Lake Osu Mines conducted numerous exploration and drilling programs on the property. In 1973, the property was sold to a numbered company which became Maude Lake Gold Mines Limited (“Maude”).

In 1982, Maude stripped, mapped, channel sampled and drilled 1,473 m of closely spaced percussion holes in 78 drill holes on the 5 Zone. The 5 Zone is a multi-vein zone consisting of the No. 1, 2, 3 and 4 veins which has potential for a bulk open pit or mining by individual veins. Detailed drilling on the 5 Zone was undertaken in 1984 to test the zone to the 350 ft (107 m) level and to explore beneath this level. 36 drill holes totalling 5,767 m were undertaken at 30 m centres, testing down to the 350 ft (107 m) level increasing the reported 5 Zone mineralization to 448,040 tons grading 0.205 oz/ton Au. (Non 43-101 compliant classification – See Cautionary Note on Historic Estimates)

In 1985, the entire exposed 5 Zone was bulk sampled for detailed metallurgical testing and mill flow sheet development. Deep drilling under the 5 Zone was also undertaken. A 15 ft (4.6 m) mining bench of most of the 5 Zones was drilled, blasted and crushed. The fully diluted sample graded 0.13 oz/ton Au (approx. 6,000 tons) and metallurgical test work at Lakefield Research indicated gold extraction of a least 92.6% from a typical Porcupine Gold camp type float/cyanide mill.

In October 1987, Equinox Resources Limited joint ventured the property and by December 1987 started the portal for a ramp on the 5 Zone. The following underground work was undertaken: 956.7 m of decline and muck bays, 1,008 m of cross-cuts and drifts, 207.9 m of raises and ventilation, and 4,800 m of underground AX diamond drilling.

In January, 1994, Robert A. Bennett was engaged to perform a property compilation and ore reserve. Mr. Bennett calculated a proven, probable, possible and drill indicated reserve to the 220 m level of 510,116 tons grading 0.248 oz/ton and a deep reserve of 283,358 tons grading 0.22 oz/t for a total Geological Ore Reserve in all categories of 793,474 tons grading 0.235 oz/t (191,284 contained ounces) ( See Cautionary Note on Historic Estimates)

In August 2001, 100% interest in the main property was acquired by Globex Mining Enterprises Inc. Globex subsequently acquired other contiguous mining and surface rights.

The Ramp Property has been the subject of a considerable amount of prior work which requires technical evaluation. RJK does not at present have a defined work program for the property nor is it subject to any share issuances or work commitments under the Option. Rather, RJK management and consultants intend to focus their efforts on reviewing and evaluating existing data on the property to generate a proposed development plan for the property prior to exercising the Option, following which RJK expects to develop a proposed work program and budget for the project.

Fred Sharpley, PGeo., the qualified person for RJK Explorations Ltd., has reviewed and approved the technical information contained in this release.

Forward Looking Statements: includes statements contained in this news release regarding discussions in respect of a potential acquisition and funding arrangement and RJK’s expectations regarding same and the trading of its shares on the TSX Venture Exchange. This forward-looking information reflects the current expectations or beliefs of RJK based on information currently available to it. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of RJK to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, RJK. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to: the failure of RJK to enter into an agreement in respect of such arrangement; delays in obtaining or failure to obtain any required regulatory and/or shareholder approval; and other factors. Any forward-looking information speaks only as of the date on which it is made. Although RJK believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

For further information, please contact:

Glenn Kasner, President
Telephone: (705) 567-5351
Mobile: (705) 568-7567
kasner1@ntl.aibn.com
Web site: www.rjkexplorations.com

ReleaseID: 440576

LOS ANGELES, CA / ACCESSWIRE / May 31, 2016 / EarthWater Inc. www.EarthWater.com a manufacturer of high alkaline mineral infused beverages under the brand FulHum www.FulHum.com announced today a gift-in-kind donation to Habitat for Humanity of Greater Los Angeles (Habitat LA).

Habitat LA will bring together more than 400 volunteers to revitalize a neighborhood in the City of Inglewood for their 2016 Hollywood Build which will feature the Entertainment Industry Build on June 3, 2016 and the 12th Annual Power Women, Power Tools® on June 4, 2016. During this special two day build event, entertainment industry executives, talent, corporate leaders, government officials, faith groups and community stakeholders will work side-by-side with Habitat LA partner homebuyers and homeowners to further Habitat LA’s mission of Building a Greater Los Angeles. This build event invites volunteers to be agents of change and “Rock the Block” with the continued construction of three new homes on Habitat LA’s Hyde Park Place site as well as helping to repair, beautify and “green” homes in the surrounding neighborhood.

Some of the previous celebrities that have volunteered include: Kristen Bell, Camilla Belle, Garth Brooks, Don Cheadle, Jared Leto, Holly Robinson Peete, Pauley Perrette, Luc Robitaille, Randall Wallace, Chandra Wilson.

“We are thrilled about a partnership with such an esteemed national non-profit organization like Habitat for Humanity, particularly at a local level in Los Angeles,” said CJ Comu – Chairman of EarthWater. “We have a strong corporate commitment to the well-being of all people and it is our hope that this donation helps the volunteers stay healthy and hydrated.”

About Habitat for Humanity of Greater Los Angeles

Habitat for Humanity of Greater Los Angeles (Habitat LA) strives to eliminate substandard housing through advocacy, education and partnership with families and individuals in need to build decent, sustainable and affordable housing. Since 1990, Habitat LA has built, rehabilitated and repaired more than 1,000 homes locally and worldwide, transforming the lives of thousands of individuals. Habitat LA has a Silver level GuideStar Nonprofit Profile and five consecutive Charity Navigator 4-Star ratings awarded to non-profits for sound fiscal management and showcasing a commitment to accountability and transparency. Habitat for Humanity International recognized 14 affiliates out of more than 1,400 as Affiliates of Distinction for 2015-2017 and Habitat LA is proudly one of them. For more information, please visit www.habitatla.org or call 310-323-4663.

About EarthWater and FulHum

FulHum www.FulHum.com www.FulHum.co.uk www.FulHum.cn is a product of EarthWater Limited www.EarthWater.com FulHum is a Mineral-Infused High Alkaline Beverage which is a 100% natural, proprietary blend of natural Fulvic and Humic complexes mined from deep within the earth’s surface. For more info on EarthWater email; info@earthwater.com.

SOURCE: EarthWater Inc.

ReleaseID: 440391

BEAUFORT, SC / ACCESSWIRE / May 31, 2016 / Coastal Banking Company Inc. (OTCQX: CBCO), the holding company of CBC National Bank, which operates branches in Fernandina Beach, Ocala and The Villages, Fla, and Beaufort and Port Royal, S.C., announced that at its May 25th shareholders’ meeting in Beaufort, shareholders approved a slate of directors and appointed a new lead independent director.

The Coastal shareholders elected Kenneth Ausley, Suellen Garner, Mark Heles, and Ladson Howell Class II Directors with terms expiring in 2019 and John Adams II and Charles Wagner Class III Directors with terms expiring in 2017.

The Coastal Board, at the behest of the Governance Committee, elected Ladson Howell as Lead Independent Director and Vice Chairman of the Board. Howell previously held the title of Vice Chairman.

About Coastal Banking Company Inc.

Coastal Banking Company Inc., headquartered in Beaufort, S.C., is the $474.8 million-asset bank holding company of CBC National Bank, headquartered in Fernandina Beach, Fla., which provides a full range of consumer and business banking services through full-service banking offices in Fernandina Beach, Ocala and The Villages, Fla, Beaufort and Port Royal, S.C. The company’s residential mortgage banking division, headquartered in Atlanta, includes traditional retail and wholesale lending, as well as a National Retail Group that has lending offices in Arizona, Florida, Georgia, Maryland, Michigan, North Carolina, Indiana, Illinois and Ohio. The company’s government guaranteed lending division originates SBA loans primarily in Jacksonville, Ft. Myers, Tampa and Vero Beach, Fla., Greensboro, N.C., Atlanta and Beaufort. The company’s common stock is publicly traded on the OTCQX Markets under the symbol CBCO. The company was been named to the OTCQX® Best 50 in both 2015 and 2016, an annual ranking of the top 50 US and international companies traded on the OTCQX Best Market, based on the combined one-year total return on market value and average growth in daily dollar trading volume. For more information, please visit the company’s website, www.coastalbanking.com.

About CBC National Bank

CBC National Bank, headquartered in Fernandina Beach, Fla., provides a full range of consumer and business banking services through full-service banking offices in Fernandina Beach, Ocala and The Villages, Fla., and Beaufort and Port Royal, S.C. The company’s residential mortgage banking division, headquartered in Atlanta, includes traditional retail and wholesale lending, as well as a National Retail Group that has lending offices in Arizona, Florida, Georgia, Maryland, Michigan, Indiana, Illinois and Ohio. The company’s government guaranteed lending division originates SBA loans primarily in Jacksonville, Ft. Myers, Tampa and Vero Beach, Fla., Greensboro, N.C., Atlanta and Beaufort. For more information, please visit CBC National Bank’s website, www.cbcnationalbank.com.

For More Information:

Michael G. Sanchez
Chairman & Chief Executive Officer
Coastal Banking Company Inc.
904-321-0400

SOURCE: Coastal Banking Company Inc.

ReleaseID: 440569

NEW YORK, NY / ACCESSWIRE / May 31, 2016 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a securities class action has been filed on behalf of those who purchased shares of Platform Specialty Products Corporation (“Platform Specialty Products” or “the Company”) (NYSE: PAH) during the period between February 17, 2015 and March 14, 2016 inclusive (the “Class Period”).

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

The Complaint alleges that throughout the Class Period defendants issued false and misleading statements to investors and/or failed to disclose that: (1) Arysta made inappropriate third-party payments in West Africa; (2) these payments were unlawful under the U.S. Foreign Corrupt Practices Act; and (3) consequently, Platform Specialty Products’ public statements were materially false and misleading at all relevant times. Once true details entered the market investors suffered damages.

No Class has yet been certified in the above action. If you wish to review a copy of the Complaint or join the action, please visit the firm’s site: http://www.bgandg.com/#!pah/rlbd3. To discuss this action, or for any questions, please contact Peretz Bronstein, Esq. or Eitan Kimelman, Investor Relations Coordinator of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in Platform Specialty Products you have until June 1, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

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MONTREAL, QC / ACCESSWIRE / May 31, 2016 / Peak Positioning Technologies Inc. (CSE: PKK) (OTC Pink: PKKFF) (“Peak” or the “Company”) today announced that its strategic partnership with Mr. Jiang Wang, Chairman of the Chinese conglomerate Zhonghai Wanyue Group (http://www.zhonghaiwanyue.cn), has now been formalized with the transfer of a total of CAD$3.98M from Mr. Wang to Peak.

The transfer of funds from Mr. Wang to Peak closes a non-brokered private placement financing whereby Mr. Wang and his group acquired 199 million units of Peak at a price of CAD$0.02 per unit for gross proceeds of CAD$3.98M (the “Private Placement”). Each unit sold as part of the Private Placement consists of one (1) common share and one (1) common share purchase warrant. Each common share purchase warrant entitles its holder to purchase one common share of Peak, at the price of CAD$0.05, for a twenty-four (24) month period following the closing date. As a result of the closing of the Private Placement, Mr. Wang and his group now collectively own approximately 51% of Peak’s issued and outstanding common shares. The closing of the Private Placement was the last remaining element to cement the strategic partnership between the Zhonghai Wanyue Group and Peak.

The securities issued pursuant to the Private Placement are subject to a hold period expiring four (4) months and one day from the date of closing.

“I want to thank my fellow Peak shareholders for their patience because closing this transaction took much longer than any of us expected. The transaction with Peak was unfortunately affected by other transactions that I had committed to prior to my partnership agreement with Peak, and by newly passed regulations affecting large segments of the Chinese financial services industry”, commented Mr. Wang. “I want to personally thank Peak’s management for their professionalism and understanding throughout this process. We all learned quite a bit about each other during that time, which will undoubtedly serve us in the future. I’m very excited that we are now officially partners with Peak and look forward to working with Peak management to build a bridge of opportunities between China and Canada to the benefit of Peak shareholders in Asia and North America,” Mr. Wang went on to say.

“This partnership is without a doubt the most important milestone in our company’s brief history,” commented Johnson Joseph, President and CEO of Peak. “We’ve been talking for a while now about giving our shareholders access to some of the best opportunities in some of China’s hottest tech sectors. We now have a partner that not only shares our vision, but has the experience, track record and resources to help make it happen. This definitely marks a new and exciting era for Peak and all of its stakeholders”, concluded Mr. Joseph.

About Peak Positioning Technologies Inc.:

Peak Positioning Technologies Inc. is an IT portfolio management company whose mission is to assemble, finance and manage a portfolio of high-growth-potential companies and assets in some of the fastest growing tech sectors in China, including Fintech, e-commerce and cloud-computing. Peak provides its shareholders with exceptional growth potential by giving them access to the fastest growing sectors of the world’s fastest growing economy. For more information: http://www.peakpositioning.com

Contact information:

Cathy Hume
CEO
CHF Investor Relations
Phone: 416-868-1079 ext.: 231
Email: cathy@chfir.com

Or

Carl Desjardins
Managing Partner
Paradox Public Relations Inc.
Phone: 514-341-0408
Email: carldesjardins@paradox-pr.ca

Or

Johnson Joseph
President and CEO
Peak Positioning Technologies Inc.
Phone: 514-340-7775 ext.: 501
Email: investors@peakpositioning.com

SOURCE: Peak Positioning Technologies Inc.

ReleaseID: 440573

LOS ANGELES, CA / ACCESSWIRE / May 31, 2016 / Notis Global Inc. (OTCQB: NGBL), a pioneer in the worldwide hemp and CBD oil (cannabidiol) industry specializing in cultivation, production and consulting today issued a press release regarding its participation in the 2016 Marcum Microcap Conference.

Jeffrey Goh, the President and Chief Executive Officer of the Company said that the Company was pleased to be invited to present at Marcum Microcap Conference at Grand Hyatt in New York.

The Company’s presentation to attendees consisting of investors, finance professionals and investment bankers will be at 11:30 AM on June 1, 2016.  The Conference also provides the opportunity for the Company and interested investors to meet “one on one.” Mr. Goh will make a thirty minute presentation and will be supported by key company management including Clint Pyatt, COO & Senior Vice President of Government Affairs along with Chairman of the Board of Directors, Ambassador Ned L. Siegel and Directors Manny Flores and Mitch Lowe.

The subject of the Company’s presentation will be the status of the cannabidiol (CBD) hemp oil market and industry, potential health benefits from the use of hemp oil along with update on the Company’s farming operations and plans for the future.

About Notis Global

Based in Los Angeles, Notis Global is a pioneer in the burgeoning, multi-billion dollar legal hemp industry. The Company and its partners are working to grow confidence and generate revenues in the hemp industry.

Safe Harbor Statement

Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “aim,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend,” “goal,” “strive,” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company’s filings with the Securities and Exchange Commission (the “SEC”), and including not limited to Risk Factors relating reflected in the Company’s Annual Report on Form 10-K filed with the Commission on April 13, 2016. Thus, actual results could be materially different. We advise you review our Annual Report and the Risk Factors set forth therein. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law. Our audited financial statements for the year ended December 31, 2015, were prepared under the assumption that we would continue our operations as a going concern. Our independent registered public accounting firm has included a “going concern” explanatory paragraph in its report on our financial statements for the year ended December 31, 2015, indicating that we have sustained substantial losses from continuing operations and have used, rather than provided, cash in our continuing operations, and that these factors raise substantial doubt about our ability to continue as a going concern.

Continued operations and our ability to continue as a going concern are dependent on our ability to obtain additional funding in the near future and thereafter, and there are no assurances that such funding will be available at all or will be available in sufficient amounts or on reasonable terms. Our financial statements do not include any adjustments that may result from the outcome of this uncertainty. Uncertainty concerning our ability to continue as a going concern may hinder our ability to obtain future financing. Without additional funds from generation of revenues through execution of our business plan, debt or equity financings, sales of assets, or other transactions, we will exhaust our resources and will be unable to continue operations. If we cannot continue as a viable entity, our stockholders would likely lose most or all of their investment in us. See Liquidity and Capital Resources under Item 7. Management’s Discussion and Analysis in our Annual Report on Form 10-K for further information regarding the Company’s efforts to secure liquidity and future cash flows. The Company has granted to an investor a lien against its equity interests in EWSD and its other assets as security for repayment of a note in the amount of approximately $225,000 and retains the right to pledge all or any part of its real or personal property to secure Company’s indebtedness in its sole discretion. If the Company is unable to meet the obligation that gave rise to this lien or to future liens on such stock and assets, it may default on such obligation or on future obligations and its lenders could foreclose upon, or cause the sale of, the Company’s ownership of EWSD.

SOURCE: Notis Global Inc.

ReleaseID: 440572

SEATTLE, WA / ACCESSWIRE / May 31, 2016 / GLEENET LLC, a Seattle-based start-up, announced that it has released an avant-garde SNS in the application market on May 27. It is the space-based and culture-mediated SNS called OMNIBUS. People joining OMNIBUS can virtually meet at cultural places and have conversation on the event held in the chosen cultural place. By fetching data from APIs, more than 80,000 cultural events going on around the world have been made available in OMNIBUS. Users can visit any place where performing arts, exhibition or sports is going on, and chat about the event with like-minded others.

“I met around a lot of people feeling fatigue from the existing SNS for its shallow conversation but frightened to be completely disconnected from the world when deactivating their accounts. OMNIBUS does exist for them,” said Dr. Minha Kim, Founder and Primer of GLEENET. “If you love Billy Joel’s songs, you can simply visit a place having his concert and find out what is going on there at home.”

OMNIBUS offers a variety of the unprecedented features, which one could hardly find with the existing SNSs. “The featuring modules of OMNIBUS have been aimed to arouse a sense of analogue sentiment from mid-30s or over while using digitized network services. Monolog, which is a digital note, and Stamp Store selling online stamps, were all intended to make a humanistic sense contaminated throughout the world,” said Minha.

While OMNIBUS is targeted to middle-aged users, Blue Carpet, a forthcoming SNS, is the first-ever interview-mediated SNS, especially targeting at youngsters. The interview application was created in the attempt to converge journalism with entertainment. Ordinary people can attempt to make the stardom to receive interview questions from users while demonstrating their talents or telling a story of their unique lives. Interviewers can purchase cyber-money called “Blueberry” and ask paid questions for star applicants who can then earn the amount paid by interviewers, once fully answered.

“The fundamental idea that made me create this app was related to some humanistic mind as well. The Internet has been acclaimed for its bottom-up mechanism believed to have in turn transformed our society to be more transparent and democratic. But was it really true? I asked to myself and realized it wasn’t. Replies and comments placed at the bottom of online communication are so superficial, having no power. Society is still driven by selected few, not the majority. I wanted to run an experiment by creating Blue Carpet to see to what extent our society can progress in the direction of empowering ordinary people by means of SNS,” said Minha who made this remarkable achievement since she shifted her job to an entrepreneur from a communication professor only a year ago.

Led by this social science scholar known for her expertise in communication and social network theories, members of GLEENET devote their internal work process to designing ideas of platform applications and deriving service strategies of their products. Application development and marketing performance are mostly outsourced and virtually assisted. “I believe the networking of humans is the never-ending and indispensable value we, as members of global community, have to pursue. What truly matters in this endeavor is how we make a humanistic network of people,” said Minha.

About GLEENET LLC:

GLEENET LLC, a Seattle-based start-up, is gearing towards building of humanistic networks around the globe by developing new mode of SNSs. Corruption, slander, social inequity, famine, global warming, air pollution, conflict and war, there are many issues making human life desperate. Vibrant and healthy networking of society can be something like vitamin and tonic for the monotonous and de facto inhumane life as GLEENET believes. The first venture of the Company focuses on the so-called “avant-garde” SNSs of OMNIBUS and Blue Carpet.

Media Contact:
Minha Kim
917.349.2586
http://www.gleenet.com

SOURCE: GLEENET LLC.

ReleaseID: 440534

VANCOUVER, BC / ACCESSWIRE / May 31, 2016 / Blue River Resources Ltd. (TSXV: BXR ) (OTC Pink: BRVRF) (FSE: 0BL) (“Blue River”) is pleased to announce that the surface gold anomaly on the Banlung Project, Cambodia has been expanded to 4.37 km(2), with a higher gold pan concentrate zone measuring 40 hectares, within the zone.

Today’s announcement follows a previous release of exploration results on the Banlung Project dated October 13, 2015 where ANGKOR Gold Corp. disclosed the discovery of a 2 km(2) surface gold anomaly from sampling 12,500 termite mounds over an 6.8 km x 8.4 km area. Visible gold was panned from 83% of the termite mound samples in the 2 km(2) anomaly area.

A second infill program of systematic soil sampling of 2,420 termite mounds was conducted in late 2015 and has expanded the size of the surface gold anomaly by more than 100%. The surface gold anomaly now covers an area of 4.37 km(2), twice the size of the known anomaly identified in the first survey. The results of the infill survey shows the highest gold pan concentrate results covers an area of 40 hectares. Rounded to angular visible gold grains were found from panning in 64% of the total samples collected in the second survey, leading to the possibility that the source of this gold is within 50 to 500 meters from the surface anomaly. Gold values from auger drilling and surface sampling to date on the Banlung Project range from 1.14 g/ tonne to 3.5 g / tonne.

2016 EXPLORATION PLAN, BANLUNG PROJECT

The 2016 Banlung Exploration Plan calls for auger drilling the 40 hectare high gold pan concentrate surface anomaly with 1200 auger sites and the remainder of the 4 km(2) surface gold anomaly with 1400 auger sites. Samples will be split and panned by Angkor Gold personnel and fire assayed at the ALS lab in Laos. All sample analysis includes a minimum 10% blank, standard and duplicate QA/QC sample checks.

Follow-up exploration will include trenching and pit excavation and 2,000 to 4,000 m of air-core drilling. The exploration plan is designed to delineate a near surface gold resource that can be mined using gravity separation.

Technical information contained in this news release was reviewed by Jonathan Soper, P. Eng., a qualified person as defined under National Instrument 43-101. Mr Soper has reviewed and approved the scientific and technical disclosure in this news release.

Blue River initially has the right to participate in up to a 50% interest of the Banlung license from Angkor Gold Corp., after the completion of a total investment of US$3.5 million in exploration expenditures over a 4-year period. Blue River may then exercise their option on an additional 20% interest of the Banlung tenement through the commission and completion of a bankable feasibility study on the property or portion thereof.

ABOUT BLUE RIVER RESOURCES LTD

Blue River Resources Ltd. is a mineral exploration and development company, focused on gold exploration on the Banlung Tenement, Cambodia. The Company also has a 100% interest in two mineral properties in the Quesnel Trough Copper Belt: the Castle Copper Project near the Copper Mountain Mine, Princeton, BC and the Mazama Copper Deposit, Okanogan County, WA.

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.

ON BEHALF OF THE BOARD
BLUE RIVER RESOURCES LTD.
/s/ Griffin Jones
Griffin Jones
President, Director

For further information contact:
Griffin Jones, Tel: (604) 682-7339
www.Blueriv.com

SOURCE: Blue River Resources Ltd. 

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