Reservoir Minerals Granted New Exploration Licenses for Copper, Silver and Gold in Serbia, Romania and Macedonia

Reservoir Minerals Inc. ("Reservoir" or the "Company") (TSX
VENTURE:RMC)(PINKSHEETS:RVRLF)(BERLIN:9RE) is pleased to report on the
acquisition of several new exploration licenses in Serbia, Romania and
Macedonia. The new exploration licenses in Serbia cover a highly prospective new
sediment-hosted copper-silver trend, with geological similarities to the world
class Kupferschiefer mines in Poland. The Romanian licenses cover northern
extensions of the Timok belt that is host to the Company's Cukaru Peki discovery
with Freeport, and the Macedonian concession covers an epithermal gold target. 


Dr. Simon Ingram, President and CEO of Reservoir Minerals Inc. commented: "Our
generative exploration work over the last two years has identified a number of
exciting new targets for gold, silver and copper in the region and we are
delighted to have secured large land positions over some of these targets. The
Company has established small exploration offices in both Macedonia and Romania
and we look forward to evaluating further exploration opportunities in all three
countries and continuing to advance projects through target definition and into
joint venture partnerships." 


Central Serbia Copper Project

The Company, through its wholly-owned Serbian subsidiary, has been granted four
exploration licenses covering approximately 278 square kilometres including
Permian age rocks prospective for sediment-hosted copper-silver mineralisation,
similar in style to the world class Kupferschiefer deposits in Poland.
Reconnaissance exploration by the Company found evidence of both old mine
workings and outcropping copper-silver mineralisation hosted by Permian
sandstones and siltstones and first-pass selective sampling from dumps returned
values up to 20.8% copper and 1,540 parts per million ("ppm") silver. One
five-metre long channel sample across a mineralised outcrop returned 1.32%
copper and 7.91 ppm silver.


The table below summarizes the four new exploration licenses and a map showing
the locations of these exploration permits is posted on the Company website
(www.reservoirminerals.com).




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License Name                                Area (km2)           Valid Until
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Donja Studena                                    55.95     December 20, 2016
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Samanjac                                         96.16          July 1, 2017
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Sige-Panjevac(1)                                 70.28          July 1, 2017
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Kopajska reka-Planinica                          55.26         July 18, 2017
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(1)  The Permit area surrounds the Jasenovac Mining Concession              
     (approximately 5.5 square kilometres for coal exploitation)            



Elsewhere in Serbia, the Company has secured the Donja Tresnjica exploration
license, covering 32.46 square kilometres and valid until April 11, 2017. The
new license is located in the same area as the Company's Bobija Project, within
a Tertiary-age belt hosting numerous occurrences of lead-zinc-copper-silver and
gold mineralisation. Currently there is one operating mine, Veliki Majdan,
within the trend, and the Company's Bobija Project covers a barite mine and
lead-zinc-silver mineralisation. 


The Company is in the process of compiling historical information on all the new
permits, and exploration fieldwork has commenced. 


Romania

The Company, through its wholly-owned Romanian subsidiary, acquired the
GuraSalistei (license no. 17004/2014 covering 9.13 square kilometres and valid
until March 17, 2019) and Teiul (license no. 17063/2014 covering 64.85 square
kilometres and valid until March 26, 2019) Exploration Licenses through the
tender procedure organized by the Romanian National Agency for Mineral
Resources. Both licenses are located in the Banat region in southwest Romania,
which is the extension from Serbia of the prospective geology containing the
Cukaru Peki copper-gold discovery (Company News Release, January 27, 2014) and
the Bor and Majdenpek porphyry copper deposits in the Timok Magmatic Complex. A
map showing the locations of these Exploration Licenses is posted on the Company
website (www.reservoirminerals.com).


The Company has conducted reconnaissance level exploration in both areas,
identifying a number of targets that are prospective for porphyry and skarn type
copper mineralisation:




--  Copper-mineralised quartz-stockwork veining in potassic-altered
    granodiorite porphyry was mapped and sampled in the Gura Salistei
    license. Rock samples collected from outcrops and dumps close to
    historical adits returned 857 - 9520 ppm copper and 0.028 - 0.234 grams
    per tonne (g/t) gold. A robust copper-in-soil geochemical anomaly (100
    to 774 ppm copper) covers an approximately 1.5 x 0.75 kilometre area
    that includes historical workings and adits. 
--  Skarn mineralisation and local quartz-stockwork in altered granodiorite
    were mapped and sampled in the Teiul license. Five mineralised rock
    samples from gossan and skarn mineralisation in the Purcaru prospect
    area returned 3000 to 9250 ppm copper from within a robust copper-in-
    soil geochemical anomalous zone defined by the 100 ppm copper contour
    (maximum 1300 ppm copper) covering an approximately 2 x 1 kilometre
    area. The best rock chip sample results are from the skarn
    mineralisation in the Nasovat prospect area, which yielded 8220 ppm
    copper and 0.52 g/t gold, 825 ppm copper and 1.57 g/t gold, and 1970 ppm
    copper and 0.07 g/t gold.



Work commitments in the first year include geological mapping, geochemical
sampling, ground geophysics and 1,000 metres of diamond drilling in Gura
Salistei, and geological mapping, geochemical sampling, ground geophysics and
600 metres of drilling in the Teiul license. 


Macedonia

The Company, through its wholly-owned Macedonian subsidiary, was granted the
Konjsko Mineral Exploration Concession in the Kozuf Massif, southern Macedonia,
on July 4, 2013. The Konjsko Mineral Exploration Concession covers an area of
28.6 square kilometres and is valid for four years. A map showing the locations
of the Konjsko Concession is posted on the Company website
(www.reservoirminerals.com).


The Kozuf Massif, in which the Konjsko Concession is located, is known to
contain occurrences of sediment-hosted epithermal gold-thallium-antimony
mineralisation at Alshar, which has been previously explored by State agencies
and companies, and was mined for antimony from 1880 - 1908. The mineralised
occurrences in the Konjsko Concession have not been previously investigated in
any detail, and there are no records of any drilling. Collapsed adits and shafts
are evidence of ancient mining activity on the Concession.


The results of the Company's reconnaissance field exploration during 2013
identified gold-in-rock geochemical anomalism (up to 3.16 g/t Au) in a 2.5
kilometre long structural zone that is marked by intense alteration, occurrences
of gold-bearing realgar, stibnite and pyrite mineralisation, and associated
anomalous contents of gold, antimony, arsenic and thallium in metasedimentary
rocks and younger volcanic and intrusive rocks. The 2014 field program commenced
in March, and includes a program of soil sampling, induced polarization and
magnetometry geophysics, and systematic rock and trench sampling. Depending on
results, exploration drilling is planned for the 2015 season.


Quality Assurance and Control ("QAQC"):

The geochemical samples were analysed for gold by fire assay at the ALS Chemex
laboratory in Rosia Montana, Romania, and by multi-element ICP at the ALS Chemex
laboratory in Vancouver, Canada. In addition to the laboratory's internal QAQC
procedures, the Company conducted its own QAQC with the systematic inclusion of
certified reference materials, blank samples and field duplicate samples. The
analytical results from the Company's quality control samples have been
evaluated, and demonstrated to conform to best practice standards.


Qualified Person:

Dr. Duncan Large, Chartered Engineer (UK) and Eur. Geol., a Qualified Person
under National Instrument 43-101 Standards of Disclosure for Mineral Projects of
the Canadian Securities Administrators and a consultant to the Company, approved
the technical disclosure in this release and has verified the data disclosed.


About the Company:

Reservoir Minerals Inc. is an international mineral exploration and development
company run by an experienced technical and management team, with a portfolio of
precious and base metal exploration properties in Europe and Africa. The Company
operates an exploration partnership business model to leverage its expertise
through to discovery, and the licenses described in this News Release will be
made available for joint venture.


Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization
of Canada accepts responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Reservoir Minerals Inc.
Chris MacIntyre
VP Corporate Development
+1.416.703.0010
[e-mail]
www.reservoirminerals.com