Peregrine Zinc Property Geochemical Anomaly Length Doubles and Remains Open

Minfocus Investigates Canadian Securities Exchange Listing; Minfocus Shares Trade Again

Toronto - Minfocus Exploration Corp. (TSX-V: MFX) (“Minfocus”) is pleased to announce that geochemical soil samples collected from the Peregrine Zinc Property during the most recent fieldwork in October 2017 have indicated that the zinc anomaly extends over a 1.5 km length and is still open ended.


More results of October 2017 Program at Peregrine Zinc Project

The analytical results from additional soil samples collected in October at the Peregrine Zinc Property indicate that the zinc soil anomaly extends over 1,500 metres, west-southwest along strike from the area that was reported previously to have four samples with values ranging from 13.0% up to 35.9% Zinc as announced in Minfocus’ press release of September 12th, 2017. The soil sampling extended through the area where old adits and shafts have been located and beyond them to the west to the limit of sampling. As reported in the press release dated December 13th, 2017, seven samples collected from the rock dump adjacent to the collapsed shaft collar yielded values ranging from 0.02% Zinc and 0.105% Lead up to 8.97% Zinc and 1.72% Lead in brecciated dolostone with abundant dark, iron-rich sphalerite forming much of the matrix between the fragments of dolomite. Several of the soil samples gave values for zinc, lead and silver which were above the maximum detection limit for the analytical method used by Activation Laboratories Ltd. Those samples with values of more than 10,000 ppm (1%) zinc, 5,000 ppm (0.5%) lead and 100 ppm (3.2 oz/t) silver have been resubmitted for analysis by a method suitable for high grade material.

The results reported above and in previous press releases mentioned above are not necessarily representative of the mineralization hosted on the property. For more information on the Peregrine property, including an updated soil geochemical anomaly map, pictures of the adits, collapsed shaft and mineralization, visit the Company website at www.minfocus.com

The Peregrine property is located in southeastern British Columbia at relatively low elevations and accessible by old logging access roads and trails. A high voltage power line passes within 10 kilometres of the property.


Trading Halt Lifted

The Board of Directors of Minfocus met to consider a proposal to investigate listing the Company’s shares for trading on the Canadian Securities Exchange (“CSE”). Subject to acceptance for listing on the CSE and all necessary regulatory approvals, the Company would then delist its shares from the TSX Venture Exchange. In the interim, the common shares of the Company will continue to trade on the TSX Venture Exchange.


About Minfocus Exploration Corp.

Minfocus Exploration Corp. is a Canadian company currently advancing a portfolio of base metal projects including zinc and nickel projects in British Columbia and a Platinum Group Element (“PGE”) rich nickel project in N.W. Ontario. Minfocus has a successful management group with a record of multiple discoveries of deposits worldwide, including gold and uranium deposits in Mongolia and PGE-rich resources in Ontario, including the discovery of the first Platinum-rich Pt-Pd-Cu-Ni deposit in the Midcontinent Rift, the Current Lake deposit (+700,000 oz. Pt-Eq).



For further information, please contact:

Minfocus Exploration Corp.
Gerald Harper, President & Chief Executive Officer
Phone: (416) 232-0025



The Qualified Person who has reviewed and approved the technical content contained in this release is Dr. Gerald Harper, P.Geo.(Ont), a director of Minfocus.


Neither the TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

This press release includes certain forward-looking statements concerning the future performance of the Company’s business and operations as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are often identifiable by the use of words such as “may”, “will”, “might”, “would”, “plan”, “believe”, “expect”, “anticipate”, “intend”, “estimate”, “scheduled”, “forecasts” and similar expressions or variations (including negative variations) of such words and phrases. Forward-looking statements are based on the current opinions and expectations of management, and are subject to a number of risks and uncertainties that may cause actual results, performance or achievements of the Company to be materially different from those currently anticipated by such statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, the possibility that future exploration results will not be consistent with the Company’s expectations, fluctuating commodity prices, delays in commencing the Company’s proposed drilling program, exploration costs varying significantly from estimates, the availability of financing, and other risks identified in the Company’s documents filed with the Canadian securities regulatory authorities at www.sedar.com. Any forward-looking statement speaks only of the date on which it is made, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.

Source: Minfocus Exploration Corp. (TSX Venture:MFX)