Golden Valley Mines Exploration Update

Golden Valley Mines Ltd.

VAL-D'OR, QUÉBEC--(Marketwired - Sept. 19, 2017) - Golden Valley Mines Ltd. ("Golden Valley" or the "Company") (TSX VENTURE:GZZ) announces the receipt from Bonterra Resources Inc. ("Bonterra") of results of a diamond drill program on the Lac Barry Prospect (the "Lac Barry Gold Project"). A new gold and silver bearing horizon ("Temica Gold Zone") was discovered. The disclosed drill intersections described below are located on the Lac Barry Property claims. The information that follows has been prepared by partner and program operator Bonterra Resources Inc. (TSX VENTURE:BTR) and has not been independently verified by Golden Valley: