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Hinterland Metals Confirms Cobalt Values at 7-Claim Chilton Cobalt Property

Hinterland Metals Inc. (TSX VENTURE:HMI) ("Hinterland") is pleased to announce that it has confirmed cobalt values documented in the Ministère de l'Énergie et des Ressources naturelles ("MERNQ") database (http://sigeom.mines.gouv.qc.ca) at the 7-claim (417-hectare) Chilton Cobalt property, located approximately 40 kilometres east of Saint-Jovite in the Laurentian region of Quebec. The property is accessible by paved highway (Provincial Route 125), and lies three kilometres south of the village of Notre-Dame-de-la-Merci.

The property is underlain primarily by gabbroic to anorthositic rocks belonging to the Morin Intrusive Suite; lesser quartzite is also present. All of these rocks are within the Grenville Province of the Canadian Shield. The property covers four documented cobalt-copper-nickel showings (SC-95-02, Chilton, Lac Sicotte and Lac du Marcheur). Grab samples collected by Hinterland in early November 2016 returned anomalous values from three of the four showings as follows:

Showing Cobalt ppm Copper ppm Nickel ppm
SC-95-02 946 3,220 3,270
887 2,320 4,210
Chilton 672 2,450 2,050
953 2,290 3,770
Lac Sicotte 432 1,090 1,910
242 3,730 1,000

All analytical work was completed at ISO 17025 accredited Activation Laboratories Ltd. in Ancaster, Ontario. Rock samples were prepared by crushing one kilogram to 90% passing 10 mesh and then pulverizing a 250g subsample to 95% passing 105 microns (Code RX1). Each subsample was analysed for 43 elements by total digestion, ICP-MS finish (Code 1EX/MA200). Mark Fekete, P.Geo is the designated "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101 that reviewed and approved the technical content of this release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company's periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.

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