GTA Updates Progress on its Ontario Projects and Announces a Flow-Through Private Placement

GTA Resources and Mining Inc. (TSX VENTURE:GTA) provides an update on its
projects in Northern Ontario and outlines exploration plans for the second half
of 2014. To supplement its present treasury of approximately $1.2 million, GTA
also announces its intent to raise up to $500,000 in flow-through funds by
completing a non-brokered private placement. The use of proceeds will be to
carry out field work on GTA's three northern Ontario properties.


Northshore Gold Project - GTA has now completed all its requirements under the
First Option portion of the Northshore Property Agreement (the "Agreement")
between GTA and Balmoral Resources Ltd. ("Balmoral"). It has delivered to
Balmoral the Exercise Notice to vest the Company's initial 51% interest in the
Northshore Property. GTA has the right to acquire an additional 19% interest in
the Property under a Second Option and has 30 days to advise Balmoral whether it
will do so, or elect to form a 51/49 joint venture on the Property with
Balmoral.


The June 2014 technical report, outlining the maiden 43-101 compliant resource
estimate for the Afric Zone, located on the Northshore patented claims, has now
been filed on SEDAR. The report outlined an indicated resource of 391,000 oz
gold in 12,360,000 tonnes at a grade of 0.99 g/t gold, and an inferred resource
of 824,000 oz gold in 29,580,000 tonnes at a grade of 0.87 g/t gold, using a 0.5
g/t cutoff grade (see GTA press release dated June 10, 2014).


Going forward the focus of GTA's efforts at Northshore will be on expanding the
bulk tonnage Afric Zone and the near surface, higher grade mineralization within
the central part of the Zone. This work will include detailed drilling,
metallurgical sampling, environmental base line studies and examination of
custom and on-site milling scenarios. Northshore, near the community of
Schreiber, Ontario, has excellent logistics and is located approximately 200 km
east of Thunder Bay, and 100 km west of Hemlo.


Ivanhoe Project - GTA staked an additional 47 units in 4 claim blocks in the
central part of the Ivanhoe Property, increasing the size of this recently
acquired project to over 102 sq. km. This area is one of the most active gold
exploration areas in Canada due to a number of recent multi-million ounce
discoveries including Probe Mineral's Borden Lake deposit and IAMGOLD's Cote
Lake deposit.


The Ivanhoe Property is located along extensions of both the Borden Lake trend
and the Porcupine Destor Fault zone, and hosts a number of early stage gold
showings and trends. These include the past producing Joburke Mine trend towards
the south, and the auriferous Slate Rock Lake Deformation zone in the northern
part of GTA's claim block. This latter zone has been interpreted to be the
western extension of the Porcupine-Destor Fault zone.


GTA has not carried out any field work on Ivanhoe at this point; however, GTA's
on-going compilation of historic information has outlined two gold trends in the
north part of the property which had been identified in assays from diamond
drilling completed in 1986 to 1989. One, the Utah Zone, was drilled by Utah
Mines and is described as being outlined by a 4 km long IP anomaly. The zone is
characterized as a 20 meter wide highly sheared, siliceous carbonate-sericite
zone with anomalous gold ranging from 0.4 g/t to 1.4 g/t gold over the 20 meters
with a best intersection of 6.9 g/t gold over 1.8 m (Timmins Resident Geologist
Report of Activities, 1986). The second gold trend, the Porphyry Trend, was
drilled by BHP Mines and is described as showing eleven separate narrow
intersections over a 200 meter length ranging from 0.4 g/t over 0.64 meters to
1.0 g/t over 3.41 meters (Ontario MNDM assessment files). No follow-up work has
been documented since this initial work and both gold trends appear to remain
completely open.


GTA plans a three month program of prospecting, geochem sampling, historic drill
core resampling and compilation of existing ground geophysics and geology. This
program will focus on relocating and delineating the historic mineralization,
and on "boot and hammer" prospecting along the trends. Drilling and/or trenching
is tentatively scheduled for late 2014 or winter 2015, once the targets have
been prioritized.


Auden Property - GTA has been exploring the Auden Property co-operatively with
Constance Lake First Nation under an Exploration Agreement signed in October,
2013. That agreement required GTA to issue to Constance Lake First Nation
100,000 GTA common shares. GTA is pleased to report that those shares have been
issued, which reinforces its continuing strong commitment to Constance Lake and
the Auden Property. The 69,000 acre Auden Property, owned 100% by GTA, is
located west of Hearst, Ontario, is proximal to Zenyatta's Albany graphite
project and hosts numerous conductive targets (EM anomalies) and gold trends
which remain to be tested. Evaluation of these targets is continuing and a drill
program is planned for winter, 2015.


Financing - The proposed financing will consist of a private placement of up to
5,000,000 units at a price of 10 cents per unit, for gross proceeds of up to
$500,000. Each unit will consist of one flow through eligible common share and
one common share purchase warrant. Each warrant will entitle the holder thereof
to purchase one common share of the Company at an exercise price of 15 cents for
a period of one year following the closing of the offering. The flow-through
funds will be used to advance the Ontario projects, as described above. A
finder's fee may be paid to any registrant who assists in the financing.


Robert Duess, P.Geo., VP Exploration for GTA and a qualified person as defined
in National Instrument 43-101, is responsible for this release, and supervised
the preparation of the information forming the basis for this release.


About GTA

GTA is a well funded publicly traded mineral exploration company. It is led by
an experienced and successful management team and is focused on exploring for
gold and graphite in Canada. 


GTA is a tightly held company having only 27,031,855 shares outstanding of which
insiders control approximately 30% of the outstanding shares. The Company's
shares trade on the TSX Venture Exchange under the symbol "GTA".


On behalf of the board of directors

GTA Resources and Mining Inc.

Wayne Reid, President and CEO

For more information, please visit the corporate website at www.gtaresources.com.

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 press release.


This press release contains forward-looking statements and forward-looking
information (collectively, "forward-looking statements") within the meaning of
applicable Canadian and United States securities laws. All statements, other
than statements of historical fact, included herein, including statements
regarding the anticipated content, commencement, duration and cost of
exploration programs, anticipated exploration program results, the discovery and
delineation of mineral deposits/resources/reserves, the timing of the receipt of
assay results, and business and financing plans and trends, are forward-looking
statements. Forward-looking statements are typically identified by words such
as: believe, expect, anticipate, intend, estimate, postulate and similar
expressions or are those which, by their nature, refer to future events.
Although the Company believes that such statements are reasonable, there can be
no assurance that such statements will prove to be accurate, and actual results
and future events could differ materially from those anticipated in such
statements. The Company cautions investors that any forward-looking statements
by the Company are not guarantees of future performance, and that actual results
may differ materially from those in forward-looking statements. Important
factors that could cause actual events and results to differ materially from the
Company's expectations include those related to weather, equipment and staff
availability; performance of third parties; risks related to the exploration
stage of the Company's projects; market fluctuations in prices for securities of
exploration stage companies and in commodity prices; and uncertainties about the
availability of additional financing; risks related to the Company's ability to
identify one or more economic deposits on the properties, and variations in the
nature, quality and quantity of any mineral deposits that may be located on the
properties; risks related to the Company's ability to obtain any necessary
permits, consents or authorizations required for its activities on the
properties; and risks related to the Company's ability to produce minerals from
the properties successfully or profitably. Trading in the securities of the
Company should be considered highly speculative. All of the Company's public
disclosure filings may be accessed via www.sedar.com and readers are urged to
review these materials, including the latest technical reports filed with
respect to the Company's mineral properties.


This press release is not, and is not to be construed in any way as, an offer to
buy or sell securities in the United States.


FOR FURTHER INFORMATION PLEASE CONTACT: 
GTA Resources and Mining Inc.
Wayne Reid
President and CEO
709 699 1733
www.gtaresources.com