District Metals

Volcanic Gold Mines Appoints Jeremy Crozier as CEO; Simon Ridgway Joins Board as Executive Chairman

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 5, 2017) - Volcanic Gold Mines Inc. ("Volcanic",) (TSX VENTURE:VG) is pleased to announce that Jeremy Crozier has been appointed as CEO of the company, succeeding Mike Iverson, who stepped down from his position as CEO effective August 29. Mr. Iverson is warmly thanked for his service to Volcanic, and remains a Director of the company's Board. Simon Ridgway has joined Volcanic in the capacity of Executive Chairman, adding considerable strength to the company's Board and management team. John Barry (P.Geo, EurGeol) joins Volcanic as the company's Technical Advisor.

Jeremy Crozier, the current President of Volcanic has been actively involved in the management of Volcanic's technical programs and in-country operations since inception. He has led the teams that have defined the mineralized targets identified during Volcanic's 2017 exploration programs, and continues to be responsible for Volcanic's strategy of property consolidation in Guinea and beyond. Mr. Crozier holds MBA and M.Sc. degrees in geology, and has 22 years of exploration, discovery, business development, and operating experience gained in North America, Africa (including Guinea) and Europe. Mr. Crozier's previous roles include those of Exploration Manager for Taseko Mines Limited, where he held responsibility for a portfolio of large remote, complex and politically sensitive exploration programs at all stages of development from grass roots to feasibility, as well as extensive service as an independent mineral exploration and business development consultant in Europe and Africa.

Simon Ridgway is a co-founder of Fortuna Silver Mines Inc., a prospector, mining financier and a Casey Research Explorer's League inductee. Under Mr. Ridgway's guidance exploration teams have discovered gold deposits in Honduras, Guatemala and Nicaragua, and since 2003 have raised over CAD$450 million for exploration and development projects. Mr. Ridgway is the Chairman of Fortuna Silver Mines Inc., CEO of Focus Ventures Ltd., President and CEO of Radius Gold Inc.

John Barry has worked as a consulting geologist for 30 years. Over his career he has founded and managed several public resource companies, and has worked for respected international resource consultancies including CSA Global, and Chlumsky Armbrust & Meyer. Mr. Barry played a pivotal role in the discovery of several major gold deposits in Africa, including Nyanzaga in Tanzania while serving as Exploration Manager for Maiden Gold NL, and Ahafo Deeps in Ghana for Moydow Mines Ltd. He sourced Yanfolila - in Mali - for Glencar Mining in 2003, and more recently led the discovery of the Mandiana Project on behalf of Sovereign Mines of Africa plc. Mr. Barry holds a Master's Degree in Geology from Pennsylvania State University, and an MBA from the Edinburgh School of Business, Heriot-Watt University, Scotland.

About Volcanic

Volcanic brings together a deeply experienced and successful mining, exploration and capital markets team focused on building a multi-million ounce gold resource in the underexplored West African country of Guinea and its neighbouring countries. Through the strategic acquisition of mineral properties with demonstrated potential for hosting gold resources, and by undertaking effective exploration and drill programs, Volcanic is seeking to become a leading junior gold resource company.

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