Glacier Lake to Acquire Property in B.C.'S Prolific Golden Triangle 


April 18, 2018

Vancouver, B.C. – April 18 th , 2018– Glacier Lake Resources Inc. TSXV: GLI – (“Glacier” or the
“Company”) is pleased to announce that it has entered into an agreement to acquire the “Hackett” and
the “North Wolverine” properties in the Sheslay area of northwestern British Columbia. The properties
are located approximately 38 kilometers northwest of the village of Telegraph Creek, and approximately
95 kilometers west-southwest of Dease Lake. Association for Mineral Exploration British Columbia
(AMEBC) notes that; “The Sheslay area, located in northwestern British Columbia, is one of the most
promising grassroots mineral exploration areas in Canada, and this highly prospective area has been
explored for many years by a number of companies.”

The Hackett property adjoins the eastern border of the Hat property, owned by Doubleview Capital
Corp. (“Doubleview”). The Hackett property is interpreted to be underlain by volcanic-sedimentary
assemblages and intrusive rocks of the Stuhini Group. Exploration continues at Doubleview’s Hat
property with the discovery of the Lisle Zone in 2014. Doubleview’s website reports; “The known Lisle
zone (currently 500m x 1000m) occurs near the southeastern edge of the Hat complex and suggests a
potential to host several similar size mineralized porphyry bodies in Anomaly E, A, C, D and the least
explored “Hoey zone”, all of which remain to be investigated.” Glacier Lake cautions readers the
presence of copper mineralization on the Hat Property is not necessarily indicative of similar
mineralization on the Hackett Property.

The western border of the Hackett property is less than a kilometre away from Doubleview’s Lisle Zone,
and the “Hoey Zone” is located near Big Creek on the boundary with the Hat property. A limited
exploration program conducted in 2014 (assessment file #34955) returned strongly anomalous gold and
copper values in rock grab samples, from oxidized mineralized showings from the western flank of the
Hackett property. Two east-west trending mineralized occurrences were discovered in an area of limited
exposure. The initial discovery mineral showing (sample numbers 16846 and 16847) returned 24 and
594 parts per billion (“ppb”) gold, and 598 and 2970 parts per million (“ppm”) copper, respectively.
Approximately 150 meters upstream on Big Creek from the discovery showing, another strongly oxidized
showing returned 128 ppb gold and 935 ppm copper. The Company considers these initial sample values
very significant, representing the first anomalous gold and copper values returned from the Hackett
property and further feel they may represent the extension of porphyry style mineralization indicated in
surface sampling and diamond drill holes on the contiguous Doubleview Hat property. Glacier Lake
cautions investors it has yet to verify the Hackett property exploration data.

The North Wolverine property is located approximately 6 kilometers southwest of the southern
boundary of the Hackett property and is completely surrounded by Garibaldi Resources Ltd.’s large
Grizzly property. The Wolverine showing (Minfile 104J 059) is located on the southern boundary of the
North Wolverine property, lying along the Golden Bear Mine Road. Excerpts from the Minfile report
include:

“Mineralization consists of pods or perhaps disrupted veins of massive pyrite and chalcopyrite which
occur in fault gouge cutting a microcrystalline, marginal phase of the diorite. The largest segment of vein
consists of massive pyrite and chalcopyrite and is approximately 8 metres long. It yielded from less than
34 to up to 154 grams per tonne gold over a 0.4 metre width. Several smaller segments of massive pyrite
yielded grades up to 16 grams per tonne gold, however, others are only weakly anomalous or barren
(Assessment Report 20945, page 17). The segments of veins have been found only within the trenched
areas of the main showing.”

Amarc Resources Ltd. 2004 exploration activities outlined multiple gold and copper soil anomalies north
of the Wolverine Showing which are now within the North Wolverine property. Glacier Lake cautions
investors it has yet to verify the North Wolverine property exploration data.

“We are very pleased to increase our growing property portfolio with the addition of these exciting
assets in B.C.’s prolific Golden Triangle region” says Saf Dhillon, President/CEO. “We plan to further
evaluate other projects within Canada and abroad as we await our assays form our Phase I drilling at
Silver Vista, B.C. The assays are being held in the ALS Labs until all samples have been collected, tested
and then they will be released in their entirety. The Company is planning a summer exploration program
on the Hackett and North Wolverine properties consisting of property reconnaissance, prospecting and
sampling. The objective of the first-pass program is to verify the documented mineral showings, follow-
up the soil anomalies and prospect favourable areas.”

In consideration for the claim blocks, Glacier Lake will complete a cash payment of $20,000 and issue
three million common shares. Completion of the acquisition is subject to the approval of the TSX
Venture Exchange. All common shares issued will be subject to a four-month- and-one- day statutory
hold period.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry,
PGeo, a member of the Glacier Lake advisory board and a qualified person as defined by National
Instrument 43-101 — Standards of Disclosure for Mineral Projects.

For additional information please feel free to contact:

Saf Dhillon
President/CEO
Glacier Lake Resources Inc.
Tel: 866-687- 7059
Dir: 604-688- 2922
saf@glacierlake.ca
Please visit our Website at: www.glacierlake.ca

Suite 1588 – Canaccord Tower, 609 Granville Street, Vancouver, BC V7Y 1G5
O: 604-688- 2922 TF: 866-687- 7059 www.glacierlake.ca

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


This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within,
other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ materially from those in forward-looking statements. Factors
that could cause actual results to differ materially from those in forward-looking statements include market prices, continued
availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such
statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do
not assume any obligation to update any forward-looking statements except as required under the applicable laws.