Santana heap-leach gold project; 2017 Construction update

Vancouver, BC – March 29, 2017, Corex Gold Corp. (TSXV: CGE) (“Corex” or the “Company”), is continuing construction and mining activities at its 100%-owned Santana heap-leach gold project in Sonora, Mexico.

Jaw crushing and loading started on Nicho Norte zone in late November 2016. A total of 11,210 tonnes of material was crushed in November and December and loaded onto the 1st leach pad. An additional 11,989 tonnes were loaded in January bringing the total to 23,199 tonnes. The pad loading was completed on January 26, 2017. The heap was contoured and the surface broken up in preparation for leaching.

Construction continued on the bulk test process plant and the completion of the distribution system plumbing with several application methods of leach fluid tested. Application of charged leachant to establish alkaline pH has begun with metal leaching to commence later this month.

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