Prior to publication, the information contained within this announcement was deemed by the

Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No.
596/2014 ("MAR"). With the publication of this announcement, this information is now considered to
be in the public domain.

Erris Resources plc / EPIC: ERIS.L / Market: AIM / Sector: Mining

5 July 2018
Erris Resources plc
(‘Erris Resources’ or the ‘Company’)
High Grade Mineralisation Intersected at Abbeytown Zinc-Lead-Silver-Copper Project, Ireland

Erris Resources plc, the European focused mineral exploration company with a portfolio of zinc and
base metals projects in Ireland and gold projects in Sweden, is pleased to announce first drill results
from the surface diamond drilling programme underway at its 100% owned Abbeytown zinc project
in County Sligo, Ireland.

Highlights
● The mineralised intervals below were all intersected in drill hole ERAB001
o 4m grading 10.85% Zn & Pb combined and 31.1g/t Ag from 163m to 167m
o 3.5m grading 6.34% Zn & Pb combined and 54.4g/t Ag from 129m to 132.5m
o 2.5m grading 7.40% Zn & Pb combined, 1.02% Cu and 29.5g/t Ag from 149m to
151.5m
o 2.3m grading 9.03% Zn & Pb combined and 28.4g/t Ag from 157m to 159.3m
● Intersected strong mineralisation within basal shale for the first time thereby opening up
new target potential

Erris Resources CEO, Merlin Marr-Johnson, said, “We are excited by these results from this first hole
as they confirm the mineralisation from the old Abbeytown mine continues south of the current
workings. These results have also opened up new targets in the shale horizons at depth which were
not previously considered prospective. The target zone is still open to the south from this hole, and
the presence of copper in the core is consistent with a metal zonation that can also be seen in the
mine.

“Further definition of mineralisation in the current drilling will add to our confidence that Abbeytown
has the potential to host extensions of the mineralisation from the mine workings. We look forward
to updating the market with further results as the work develops “
Further Details
A surface diamond drilling programme is underway at the Abbeytown project, with work focussed
on the area south of the old mine. The programme is designed to test strike and depth extensions of
the mineralisation away from the old mine. The first hole in this programme, ERAB001, is drilled at
an inclination of -60o and an azimuth of 287o, approximately 320m south of the historic workings.

Figure 1 Map of the Abbeytown area showing ERAB001 and all previous drill holes, along with the underground workings.

Calcite-pyrite veins were common in the top 80m of ERAB001 along with some breccias. Dissolution
breccias began to appear at 107m with pyrite and are now recognised to be a common feature of
the mineralisation in the Abbeytown area. Sphalerite and galena first appear in the marker Index
Bed and are present in disseminations and bands within the crinoidal limestone until 140.5m. The
strongest mineralisation in this zone is seen in a 3.5m intersection between 129.0m and 132.5m.
The lower stratigraphic marker horizon, the Lower Grit Formation, was intersected between
149.15m and 153.55m, including a 2.5m mineralised intercept from 149.0m to 151.5m. The lower
grit formation overlies the Ballysadare Shales and unlike in earlier holes, the Ballysadare Shales
contained a jigsaw breccia with a calcite-pyrite-sphalerite-galena-chalcopyrite fill. Within the shales,
mineralisation is present between 157.0m and 167.0m, including two higher grade intervals of 2.3m
and 4.0m respectively, as shown in Table 1, below.

The presence of mineralisation in the shales is particularly interesting as it highlights that the
mineralising fluids do not necessarily need chemically reactive limestone to act as a host. This
increases the potential range of new targets in the district.

Table 1 Highlighted intersections from ERAB001

Hole ID From m To m Interval m Ag g/t Cu % Pb % Zn % Zn + Pb%

ERAB001 129.0 132.5 3.5 54.4 - 2.62 3.72 6.34

ERAB001 149.0 151.5 2.5 29.5 1.02 4.15 3.25 7.40

ERAB001 157.0 159.3 2.3 28.4 0.10 4.26 4.47 9.03

ERAB001 163.0 167.0 4.0 31.1 0.06 6.20 4.65 10.85

The grades reported are the length-weighted averages of the zinc, lead, copper and silver grades. The combined grade
reported above is the sum of the zinc and lead (Zn + Pb) as shown in the last column.
Composites are generated using a length weighted average for assays >2% Pb+Zn, maximum total length of waste 2 m,
maximum consecutive length of waste 1m. The true thickness of mineralised intervals in ERAB001 is interpreted to be
approximately 50-60% of the sampled thickness.
Figure 2 Cross section showing lead and zinc assay results of ERAB001 and ER001.

Technical Background
All drill holes undergo geological logging, geotechnical logging, marking up, cutting and sampling.
Collected samples are delivered to ALS Loughrea for multi-element analysis by using aqua regia leach
and ICP-MS, with Ag / Cu / Pb / Zn over range assays automatically undergoing ore grade analysis by
aqua regia and ICP-AES. CRMs, blanks and duplicates are inserted into the assay stream by Erris staff.

The technical information in this announcement has been compiled on behalf of Erris Resources by
Aiden Lavelle. Aiden Lavelle (BSc (Hons), MSc, MIGI, P.Geo) is Erris Resources' chief operating officer.
Mr Lavelle has sufficient experience relevant to the style of mineralisation and type of deposit under
consideration, and to the activity which he is undertaking to qualify as a Competent Person in
accordance with the guidance note for Mining, Oil & Gas Companies issued by the London Stock
Exchange in respect of AIM Companies, which outlines standards of disclosure for mineral projects.
Mr Lavelle consents to the inclusion in this announcement of the matters based on his information in
the form and context in which it appears.

See the Company website (www.errisresources.com/technical-reports) for maps and section.

*ENDS*
 For further information visit www.errisresources.com or contact:

Merlin Marr-Johnson Erris Resources plc +44 (0) 7803 712 280

David Hart/Liz Kirchner Allenby Capital (Nominated Adviser) +44 (0) 20 3328 5656

Erik Woolgar Shard Capital (Joint Broker) +44 (0) 20 7186 9952

Andy Thacker Turner Pope Investments (TPI) Ltd +44 (0) 20 3621 4120
(Joint Broker)

Isabel de Salis/Gaby Jenner St Brides Partners (Financial PR) +44 (0) 20 7236 1177

Notes
Erris Resources plc (EPIC: ERIS.L) is an AIM quoted, European focused, discovery driven exploration
company. Supported by Canadian mining majors, Osisko Gold Royalties, which has a 18.9% interest
in the Company, and Centerra Gold KB Inc, a wholly owned subsidiary of TSX listed Centerra Gold
Inc., the Company has an established portfolio of zinc and base metals assets in Ireland and gold
projects in Sweden, which it is looking to further build on. Led by a highly qualified team with
extensive corporate and sector experience, Erris Resources' strategy is to create shareholder value
through commercial discovery of base or precious metal assets in proven mineral districts and in
favourable European jurisdictions.