Gonzaga Announces Resignation of President and CEO

VANCOUVER, BC / ACCESSWIRE / December 30, 2016 / GONZAGA RESOURCES LTD. (TSX-V: GN) (“Gonzaga” or the “Company”) announces Greg Davis has resigned as President, CEO, and Director of the Company, effective December 30th, 2016. Gonzaga would like to thank Mr. Davis for his services.

In conjunction, the Company is pleased to announce the appointment of Jeffery R. Wilson as Chief Executive Officer and Director of the Company. Mr. Wilson brings over 20 years of experience in the mineral exploration and mining investment industry, and a wealth of contacts throughout the investment community including institutional investors, retail brokers, investment bankers, mining analysts, and private investors. During his career, Mr. Wilson has served as a Director and Officer of several mineral resource companies and has been instrumental in numerous equity financings, ranging from IPOs to private placements and syndicated brokered financings.

ON BEHALF OF GONZAGA RESOURCES LTD.

“Adrian Fleming”

Adrian Fleming, Chairman

For further information please contact (236) 521-0944

Neither the 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.

All statements in this press release, other than statements of historical fact, are “forward-looking information” with respect to Gonzaga within the meaning of applicable securities laws, including statements with respect to management changes disclosed herein. Gonzaga provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Gonzaga’s public filings under Gonzaga’s SEDAR profile at www.sedar.com. Although Gonzaga has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Gonzaga disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

SOURCE: Gonzaga Resources Ltd.

ReleaseID: 452024