Elemental Royalties

Gitennes Exploration Conducts Preliminary Interpretation of Historical Airborne Magnetics Survey and Completes Compilation of Database on Snowbird High Grade Gold Project

Vancouver, British Columbia / TheNewswire / April 18, 2017- Gitennes Exploration Inc. ("Gitennes" or the "Company") - (TSXV: GIT) announces that following compilation of the database on its advanced stage high grade Snowbird Gold Project it has conducted a preliminary interpretation of an historical airborne magnetics ("MAG") survey. The preliminary interpretation indicates that the main structure hosting the mineralization at Snowbird trends to the southeast for approximately an additional 2.5 kilometres. Previous exploration on the main structure occurs over a distance of approximately 2.3 kilometres and combined with the preliminary MAG interpretation appears to indicate that the structure may be up to 4.8 kilometres long.

Snowbird Project Highlights

The Snowbird Project is an advanced stage, high grade gold project covering 7,120 hectares which is located 20 kilometres west of Fort St. James, British Columbia. Fort St. James is a full service community providing infrastructure and skilled manpower.

The Project is orogenic in style and has been recognized as being similar to other lode gold systems that are associated with terrane boundary structures and ophiolite complexes within the Cordillera. Several well-known examples of significant past producers include the Motherlode District and Quartz Hill in California and in British Columbia, Rossland, Bralorne and Barkerville.

The Snowbird Project has seen little to no exploration since the late 1980's when three diamond drill programmes were completed bringing the total diamond drilling on the Project to 88 holes totalling 9,340 metres. The drilling was concentrated between two zones over 800 metres and left several zones untested including a new zone 2.0 kilometres north of the drilling.

About Gitennes Exploration Inc.

Gitennes is in the business of exploring for and advancing mineral deposits. The Company currently has two gold exploration properties, Hixon and Snowbird, both in British Columbia and a 1% Net Smelter Returns royalty on the 18 million ounce Urumalqui Silver Project in Peru.

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by L. Mireku, MSc (P.Geo.), technical advisor to the Company, who is a "qualified person" within the meaning of National Instrument 43-101.

For further information on the Company, readers are referred to the Company's website at www.gitennes.com and its Canadian regulatory filings on SEDAR at www.sedar.com.

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