Assay Results Show Silver At Standfast-Wigwam Zinc Project

(Vancouver, February 21, 2019) – Spey Resources Corp. (“Spey” or “the Company”) is pleased to announce that assay results have been received from 29 rock samples obtained from the Company’s Standfast-Wigwam Project located in the Kootenay Arc in south-eastern British Columbia. Results include 28.60 grams per tonne (gpt) silver, 17.95 % lead and 11.95% zinc from a 60 centimeter chip sample within the northern area of the Main Zone. Numerous samples returned elevated silver (Ag), lead (Pb) and zinc (Zn) with 11 samples returning greater than 8% combined lead and zinc.

Of the 29 rock samples, 25 were chip and grab samples of fine grained quartzite and limestone (silicified), containing visible sulphide mineralization, taken over a 425 metre long northern section. Four chip and grab samples were obtained from a 250 metre long southern section where massive sulphide mineralization, brecciation and silicification were noted. All samples were taken from the Main Zone that has been traced for over three kilometres.

These initial rock sample results indicate a northwesterly trending area of interest worthy of continued exploration, with potential for near surface zinc-lead-silver mineralization. Silver values appear to show a previously unrecognized increase in grade related to silicification (silic) as noted by the samplers.

Sample results are tabulated and summarized in the table below: