Vancouver, British Columbia -- Goldrock Mines Corp. (TSX.V -- GRM)

Goldrock Mines Corp ('Goldrock' or the 'Company') advises that on November 22, 2015, Mauricio Macri, the former mayor of Buenos Aires, won the presidential runoff and will be sworn in as President of Argentina on December 10, 2015. Mr. Macri's electoral platform included stimulating Argentina's economy by instituting free market reforms and improving foreign relations to gain access to international credit markets and attracting foreign investment. The new government will also create an Energy and Mining Ministry to be headed by Juan Jose Aranguren, former chief executive officer of Shell Argentina.

Leading up to the first ballot on October 26 and the runoff on November 22, Goldrock was completing a 're-fresh' of the previously announced April 2013 feasibility study estimates on its Lindero gold heap leach project. Due to the uncertainties surrounding the election, the Company was unable to obtain equitable long-term quotes due to the forward exchange rates used and an expected currency devaluation. The Company had previously anticipated completion of the updated feasibility study in November 2015, but will now wait for the new government to take office and enact its previously announced campaign commitment to a devaluation of the peso and converge the multiple exchange rates into a single currency exchange rate. The Company will finalize the feasibility study once the new business environment has been established.

Completion of basic engineering, planning and preparation for construction, along with purchase and delivery of the long lead HPGR crushing system, has continued to de-risk the timeline for full construction implementation, including significantly shortening the project's full construction schedule. Delivery of first ore onto the heap leach pads is now anticipated within 14 months from the commencement of full construction activities.

Paul Matysek, President and CEO, commented 'As there is a high probability of a meaningful devaluation and a move to a single currency occurring in the New Year, we believe it is circumspect to allow a reasonable timeframe to lapse prior to completing the updated feasibility study.'

ON BEHALF OF THE BOARD OF DIRECTORS,

'Paul Matysek'

Paul Matysek, M.Sc., P.Geo
President and CEO

For additional information
(604) 681-4462 www.goldrockmines.com

About Goldrock Mines Corp.

Goldrock Mines Corp is an emerging gold producer focused on the development of its 100% owned Lindero gold deposit located in Salta province, northwestern Argentina. The Company has been granted the primary mining permit by the Salta provincial government allowing the Company to develop the Lindero open pit, heap leach gold mine. The company also has secondary permits in place for process water extraction, road construction, building and electrical permits. In addition it has received formal public declaration of support for the Lindero development via Salta provincial government decree recognizing Lindero as the priority development project for the Salta province. With the HPGR unit delivered into Argentina, the purchase of land in Pocitos, the completion of the project's water supply wells and basic engineering including the preparation of construction bid packages, the Company is positioning itself for a smooth transition into full construction. The focused activity taken by the company to date has significantly de-risked the remaining construction and development schedule deliverables for the Lindero project. Average annual gold production is anticipated to average 129,000 ounces over the first three years of production and to average 109,000 ounces during the first nine years, with total mine life at this time of over 10 years, with significant exploration potential both at Lindero and the adjacent Arizaro deposit (which has the potential to use the existing Lindero infrastructure).

Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements

This press release includes certain statements that may be deemed 'forward-looking statements'. All statements in this discussion, other than statements of historical facts, that address future exploration drilling, exploration activities, anticipated metal production, internal rate of return, estimated ore grades, commencement of production estimates and projected exploration and capital expenditures (including costs and other estimates upon which such projections are based) and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include metal prices, exploration success, continued availability of capital and financing, and general economic, market or business conditions. Accordingly, readers should not place undue reliance on forward-looking statements.

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