Rocky Shore Identifies Higher Gold Grades Within Recently Acquired Gold Deposits at its Gold Anchor Project in Newfoundland

8 hours ago 2

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Rocky Shore highlighted the assay protocol information above from the historical NI 43-101 technical reports completed on both the Mosquito and Reid Gold Deposits.

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HISTORICAL MINERAL RESOURCE ESTIMATES

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For the purposes of this news release, the above referenced mineral resource estimates for: (a) the Reid Deposit in Form 43-101F1 Technical Report for the Reid Zone Resource Estimate Brady Project Grand Falls-Windsor-Buchans Electoral District NTS: 2D/5 Newfoundland and Labrador for Golden Dory Resources Corp. with an effective date of September 30, 2011 and dated August 27, 2013 prepared by Giroux Consulting and (b) the Mosquito Hill Deposit in Form 43-101F1 Technical Report for the Mosquito Hill Zone and the Reid Zone Resource Estimates Huxter-Brady Project Grand Falls-Windsor-Buchans Electoral District NTS: 2D/5 Newfoundland and Labrador for Golden Dory Resources Corp. and Paragon Minerals Corporation with an effective date of February 15, 2010 and dated November 12, 2010 prepared by Giroux Consulting are each considered by Rocky Shore to be a “historical estimate” as defined under Ni 43-101. At both deposits, no economic assessment or scoping study was completed; therefore, a range of cut off values were provided in the technical reports. The resources described above used a cut-off of 0.30 g/t gold. While the Company considers the estimates and cut-off values to be reliable, no Qualified Person of Rocky Shore has done sufficient work to classify either historical estimate as a current mineral resource of Rocky Shore, and Rocky Shore is not treating either historical estimate as a current mineral resource for the purposes of this disclosure. Among other thing, significant data compilation, re-drilling, re-sampling and data verification may be required by a Qualified Person before such historical estimates can be classified as a current mineral resource. There can be no assurance that any of the historical mineral resources in whole or in part, will ever become economically viable. In addition, mineral resources are not mineral reserves and have not demonstrated economic viability. The Company is not aware of any other recent estimates prepared by Giroux Consulting or others for the Reid and Mosquito Hill. Even if classified as a current mineral resource, there is no certainty as to whether further drilling will result in any historical inferred or indicated resources being upgrade to an indicated or measured category.

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QUALIFIED PERSON

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Ken Lapierre, P. Geo., President and CEO of the Company, is a Qualified Person in accordance with the Canadian regulatory requirements as set out in National Instrument 43-101, has reviewed and approved the scientific and technical information that forms the basis for the disclosure contained in this news release. The drill hole intervals and data in this release were extracted from the historical NI 43-101 technical reports on the Mosquito Hill and Reid Gold Deposits.

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ABOUT ROCKY SHORE GOLD LTD.

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Rocky Shore Gold is a Canadian junior exploration company targeting expansion of its two porphyry-controlled Mosquito Hill and Reid gold deposits and discovery of structurally-controlled high grade gold zones at its 100%-owned Gold Anchor Project. The project is strategically located in central Newfoundland – hosting one of Canada’s most promising and underexplored gold belts. The district-scale project is the second-largest property (greater than 1,200 square kilometres) within an emerging gold district. The Gold Anchor Project is on trend to major gold discoveries and recent gold deposits northeast of the Gold Anchor Project associated with the highly prospective Appleton and JBP Faults. For more information, please visit our website at www.rockyshoregold.com.

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Rocky Shore would like to acknowledge the financial support and approval of the 2025 Junior Exploration Assistance Program from the Department of Natural Resources, Government of Newfoundland and Labrador.

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For more information, please contact:

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Ken Lapierre, President & CEO
Rocky Shore Gold Ltd.
T: +1 (647) 678-3879

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Cathy Hume, CEO

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CHF Capital Markets

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T: +1 (416) 868-1079 x 251

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Forward-Looking Information

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This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “does not anticipate”, or “believes” or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur”, or “be achieved”. Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties, including, but not limited to, the acquisition of the optioned property, the establishment of current mineral resources, the high grade results, the assay results, the discussion of further exploration and the potential of the properties. The forward-looking information is based on reasonable assumptions and estimates of the management of the Company at the time such statements were made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Rocky Shore to be materially different from those expressed or implied by such forward-looking information, including risks associated with the exploration; future commodity prices; changes in regulations; political or economic developments; environmental risks; permitting timelines; capital expenditures; technical difficulties in connection with exploration activities; employee relations; the speculative nature of mineral including the risks of diminishing quantities of grades of resources, contests over title to properties, the Company’s limited operating history, future capital needs and uncertainty of additional financing, and the competitive nature of the mining industry; the need for the Company to manage its future strategic plans; global economic and financial market conditions; uninsurable risks; and changes in project parameters as plans continue to be evaluated. Although Rocky Shore has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Although the forward-looking information contained in this news release is based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, Rocky Shore cannot assure shareholders that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. Rocky Shore does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking information, except as required by applicable securities law.

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Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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