Exore Resources Ltd. announced that it has signed an earn-in & joint venture agreement with a local Ivorian company for Exore to earn-in to an 80% joint venture interest over a granted exploration permit covering 380km2 located less than 15 kilometres from Exore's Bagoe Project in northern Cote d'Ivoire. The exploration permit was granted in November 2017 to local Ivorian company Smart Mineral Exploration Cote d'Ivoire SARL (`SMEX'). Exore has the right to earn-in to an 80% interest in the granted permit through expenditure of $1.0 Million over 3 years, with a minimum expenditure of $0.2 Million in the first year (after which Exore may withdraw at any time). Exore has the right to acquire an additional 10% interest on completion of a DFS to take its joint venture interest to 90%. The Joint Venture will increase Exore's dominant and strategic ground position within the highly prospective northern Cote d'Ivoire greenstone belts to 1,725km2. Past Exploration: Regional, wide spaced sampling of soil and surface lag material was initially undertaken by Randgold during 1998- 1999. The area subsequently became part of Perseus Mining Ltd.'s (`Perseus') Tengrela Project which undertook limited RAB, AC, RC and DD drilling during 2010-2012 before the exploration permit came to its end in 2015. A exploration application was subsequently lodged over the area by SMEX and the exploration permit granted to SMEX in November 2017. The Logbog anomaly is north-south striking and extends for approximately 4 kilometres. The anomaly is hosted within Birimian meta-sediments and mafic volcanics, proximal to the contact with a granite. Shallow RAB and RC drilling by Perseus was limited and tested less than 1 kilometre of the anomaly. The Podio and Zinguinasso anomalies are located along strike from each other and both located on the contactbetween Birimian volcanics and metasediments, also striking north-south. Both anomalies extend for over 2 kilometres in length and occur as residual windows in an area of shallow alluvial cover. All currently defined exploration prospects with the permit area are within 10km of the high quality Boundiali-Tengrela bitumen highway. Earn-In and Joint Venture Terms: Under the Earn-In & Joint Venture Agreement entered into SMEX, Exore is to make four annual cash payments of minor immaterial amounts and may progressively earn an 80% joint venture interest by: Incurring exploration expenditure of US$200,000 in the first 12 months to earn an initial 51% joint venture interest (at which time Exore has the right to request to have the permit transferred to a newly incorporated entity held 51% by Exore); Incurring exploration expenditure of a further $300,000 in the second year to increase its joint venture interest to 60%; and Incurring exploration expenditure of a further $500,000 in the third year to increase its joint venture interest to 80%. SMEX's remaining 20% joint venture interest will be free carried by Exore until completion of a Definitive Feasibility study (`DFS') Upon completion of a DFS, Exore will have a 60-day right to acquire a further 10% joint venture interest from SMEX for $1.5 Million. Exore is to be the sole manager and have sole decision-making rights and holds pre-emptive rights over SMEX's residual interest. Cote d'Ivoire Gold Projects: The Côte d'Ivoire Gold Projects cover a substantial ground position of 1,725km2 on the convergence of two of WestAfrica's most prolific gold belts (refer Figures Two and Three), the Tongon Gold Belt and the Syama Gold Belt, which extend into northern Côte d'Ivoire from Burkina Faso and Mali respectively Significant nearby gold deposits associated with the same geology and structures include: 4.2Moz Tongon Gold Mine (Barrick); 11.5Moz Syama Gold Mine (Resolute); 1.0Moz Sissingue Gold Mine (Perseus); and Fonondara /Boundiali gold discovery (Barrick).