Gespeg Files Revised and Amended National Instrument 43-101 Technical Report for Mineral

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES

GESPEG RESOURCES LTD. (TSX-V:GCR)

(the “

Company”

 or 

“Gespeg”

), is pleased to announce the filing of the revised and amended NI 43-101 Report following final review from the TSX-V, as per their request. The initial Report was filed on Sedar March 18th and press released on March 19th, 2019. The updated Estimate Mineral Resources1 (Indicated Category) of the Anacon Lead 1 tailing site haven’t changed.

Tonnage(t)	Gold Grade (g/t)	Gold Content (oz)	Silver Grade (g/t)	Silver Content (oz)
462,000	0.31	4,570	32.68	485,630

1 Mineral resources are not mineral reserves as they do not have demonstrated economic viability.

Sylvain Laberge, President “This is another milestone for Gespeg and a further step toward completing the transaction with DNA Canada Inc., which was announced on January 17, 2019, culminating with the acquisition of the Montauban Project."

The technical information contained in this press release was reviewed by Vincent Jourdain P. Eng,, Ph. D. from MRB & associates. and by Bernard-Olivier Martel geo., Technical director of Gespeg Copper Resources. Both are Qualified Persons under NI 43-101

About Gespeg: Gespeg is an exploration company with a focus in underexplored regions “Montauban, Gaspé, Québec”.  With a dedicated management team, the Company’s goal is to create shareholder value through the discovery of new deposits.

GESPEG RESOURCES LTD.

(signed) “Sylvain Laberge”

Sylvain Laberge President and CEO [e-mail]

Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company’s control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

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