GTA Updates Progress on the Auden Graphite Project; Identifies Three Priority EM Targets

GTA Resources and Mining Inc. (TSX VENTURE:GTA) announces the continuation of
its graphite exploration program on the Auden Property, located northwest of
Hearst, Ontario. A drill program, which commenced in mid December, was
temporarily postponed to allow for the Christmas break and for more effective
frost conditions allowing better access to other target areas. Prior to the
Christmas break, one hole totaling 70 metres was completed targeting a weak EM
anomaly located in the west central portion of the property and easily
accessible from existing roads. The hole intersected a clay filled fault zone
near the interpreted conductor axis, however, no graphite was encountered. 


Ground geophysics is continuing and has resulted in the delineation of three
additional isolated Electro-Magnetic (EM) conductors in the central "Hockey
Puck" target area. The anomalies can be described as isolated, moderately strong
bedrock conductors, and all are located within or proximal to the southern
extension of the alkaline intrusive complex that hosts Zenyatta's Albany
graphite deposits. All three anomalies appear to be non-magnetic, are accessible
by winter trail and will be the initial focus once drilling resumes later this
month. GTA is continuing its ground geophysical program of locating and
evaluating the EM conductors identified from the airborne surveys and
anticipates drill testing the priority targets as weather allows.


"The Auden Property has taken on a much higher priority for GTA since mid 2013
and we look forward to starting up the drill again in late January," stated GTA
President Wayne Reid. "The ground geophysics is continuing to identify
additional targets and as the work progresses, the quality of conductors appears
to be improving. This is demonstrated by the recently identified EM targets
described above, whose potential is also enhanced by their proximity to the
carbonatite/alkaline complex associated with Zenyatta's discoveries. Our
understanding of the parameters associated with this new type of graphite
deposit is limited and we expect a few surprises going forward." 


GTA is the largest land holder in the emerging graphite "camp" and holds the
mineral rights to over 69,000 acres. The Albany graphite deposits, located 5.5
km north of GTA's property, were initially discovered by Zenyatta, while testing
electromagnetic (EM) targets, and have been described as breccia pipes
(diatremes) with dimensions in the order of 200 m by 400 m. GTA's management and
geological consultants believe that the graphite breccia pipes that exist on
Zenyatta's Albany Project are similar to kimberlite pipes and are likely to
occur in clusters along structural corridors that may extend onto GTA's Auden
Property.


Previous work by GTA has identified a number of electromagnetic anomalies
(conductive zones), on the Auden Property from an in-house airborne geophysical
survey which was recently extended to cover the entire property. The anomalies
are the focus of the current exploration program. Most targets are accessible
via existing logging roads and bush trails originating from Hwy 11 located 15 km
to the south. An Ontario exploration permit is in place and a recently signed
exploration agreement with Constance Lake First Nation allows for a co-operative
continuous field program to evaluate the graphite potential on the Auden
Property.


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 gold and
graphite exploration in Canada. GTA currently has two exploration focused
projects in its portfolio. Its flagship project, the Northshore Property,
located near Schreiber, Ontario, is subject to an option agreement with Balmoral
Resources Ltd. (TSX VENTURE:BAR) whereby GTA can earn up to a 70% interest. The
second project, the 100% owned Auden Property, is located near Hearst, Ontario
and consists of 1748 claim units covering virtually an entire greenstone belt
and hosting a number of graphite, gold, base metal and PGE targets.


GTA has 26,731,855 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

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