NEWS RELEASE Mineral Resource Update for Block 14 Gold Project, High-Grade Underground Potential, and Positive Results on Liseiwi Target

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1 Orca Gld Inc West Gergia St. Vancuver, B.C., V6C 3E8, Canada Tel: Fax: NEWS RELEASE Mineral Resurce Update fr Blck 14 Gld Prject, High-Grade Undergrund Ptential, and Psitive Results n Liseiwi Target Vancuver, Canada, February 2, 2017 Orca Gld Inc. (TSX.V:ORG) ( Orca r the Cmpany ) is pleased t annunce an updated Mineral Resurce Estimate n the Cmpany s Blck 14 Gld Prject in the Republic f the Sudan, and prvide guidance n the high-grade undergrund ptential at Blck 14. Highlights Drilling within the Preliminary Ecnmic Assessment ( PEA ) pit shells has cnfirmed the Mineral Resurce and reduced the Inferred Resurces t less than 3% f ttal materials within thse shells: The updated Mineral Resurce estimate, using a cut-ff grade f 1.0g/t, cmprises an Indicated Resurce f 30.6 Mt grading 1.82g/t fr Mz f gld and an Inferred Resurce f 9.7 Mt grading 1.7g/t fr an additinal Mz; Drilling at a number f lcatins in Blck 14 (See Figure 1 in this news release) has cnfirmed the ptential f high-grade mineralizatin belw the PEA pit designs: Wadi Dum: fur plunging high grade shts within and at the edge f the current resurce cntain high-grade mineralisatin with intercepts including 25m at 18.40g/t (MET004DD), 27m at 5.47g/t (GSRC615), 30m at 8.06g/t (GSRC542), 30m at 5.83g/t (GSRC690) and 14m at 13.37g/t (GSRC691); Galat Sufar Suth: Intercepts at the ftwall f the Main Zne included 30m at 7.98g/t (GSRC082), 17m at 4.72g/t (GSRC001) and 20m at 7.18g/t (MET007DD) while a high-grade plunging sht intersected 100m suth f the Main Zne ftwall returned intercepts f 19m at 13.6g/t (GSRC003), 16m at 17.97g/t (GSRC081) and 7m at 9.67g/t (GSRC183); Liseiwi Target: Shrt drill prgramme cnfirms high-grade mineralisatin with assay results f 10m at 15.32g/t (GSRC596), 8m at 12.8g/t (GSRC599) and 17m at 5.03g/t (GSRC595). Mineral Resurce Estimate The Mineral Resurce update was undertaken by MPR Gelgical Cnsultants f Perth, Western Australia as part f the Pre-Feasibility Study ( PFS ) currently in prgress. 6,236m f reverse circulatin and 826m f diamnd cre drilling were cmpleted t upgrade Inferred Resurces t Indicated Resurces. The prgramme targeted the 10% f material within the designed pits used in the Preliminary Ecnmic Assessment (see Cmpany News Release n July 26, 2016). Results f the Mineral Resurce update are shwn belw at a range f cut-ff grades: 1 O r c a G l d I n c.

2 Blck 14 Mineral Resurce Update February 2017 Depsit Cut ff Indicated Inferred Au g/t Mt Au g/t Au kz Mt Au g/t Au kz Galat Sufar Suth , , , , , , , , Wadi Dum Cmbined , , , , , , , , Ntes: Defined under Canadian Natinal Instrument ("NI "), Standards f Disclsure fr Mineral Prjects. Numbers may nt add up due t runding. In cmparisn t the previus estimate (July 2016), Indicated Resurces have increased by 10% r 159 kz and Inferred Resurces have decreased by 15% r 98kz. The drilling was directed within the PEA design shells and has reduced the Inferred Resurces within thse shells t less than 3% f ttal material. Accrdingly, the infill prgramme has successfully cnfirmed and expanded the PEA resurce estimate. High-Grade Undergrund Ptential Identified The recent infill drill prgramme at Blck 14 has cnfirmed the ptential f high-grade mineralizatin belw the PEA pit designs. Similar ptential has als been identified at the Liseiwi target. Wadi Dum At Wadi Dum, high-grade mineralisatin has been identified in fur plunging high grade shts within r at the edge f the current resurce. Significant intercepts include: 25m at 18.4g/t (MET004DD), 27m at 5.47g/t (GSRC615), 30m at 8.06g/t (GSRC542), 30m at 5.83g/t (GSRC690) and 14m at 13.37g/t (GSRC691), ccurring at, 2 O r c a G l d I n c.

3 clse t the base f, r at the edge f the PEA design pit. (See Figure 2 in this news release). Galat Sufar Suth At Galat Sufar Suth, high grades were intersected at the ftwall f the Main Zne (Main Zne FW) f the depsit where intercepts f 30m at 7.98g/t (GSRC082), 17m at 4.72g/t (GSRC001) and 20m at 7.18g/t (MET007DD) were received. In additin, a high-grade plunging sht (320 Zne Sht) was intersected 100m suth f the Main Zne ftwall returning intercepts f 19m at 13.6g/t (GSRC003), 16m at 17.97g/t (GSRC081) and 7m at 9.67g/t (GSRC183) (See Figure 3 in this news release). Liseiwi Target - Cnfirmed High-Grade Mineralizatin In late 2016, the Cmpany cmpleted a shrt prgramme f seven reverse circulatin hles at the Liseiwi prspect, 15km nrth f Wadi Dum. Assay results are highlighted by intersects f 10m at 15.32g/t (GSRC596), 8m at 12.8g/t (GSRC599) and 17m at 5.03g/t (GSRC595). (See Figure 4 in this news release). Explratin in the first half f 2017 will fcus n further develping Liseiwi as a high-grade target within the prject area, as well as n the undergrund ptential at Wadi Dum and Galat Sufar Suth, by extending the high-grade mineralizatin t depth). Cmmenting n these updates at Blck 14, Rick Clark, CEO and Directr f Orca, said, The updated Mineral Resurce achieved exactly what was planned with the cnversin f mst f the Inferred Mineral resurces within the PEA design shells int the Indicated categry. The new Resurce will frm the basis f the PFS and declaratin f the first Mineral Reserves n the prject. The cnversin prgramme als cnfirmed the ptential f high-grade undergrund ptins at bth the Wadi Dum and Galat Sufar Suth depsits. Furthermre, the cnfirmatin f high-grade mineralizatin at the Liseiwi target, nrth f Wadi Dum, culd represent an expanded develpment pprtunity at Blck 14. We lk frward t annuncing the results f the upcming drill prgrammes as they becme available. Abut Orca Gld Inc. Orca Gld Inc. (TSX-V: ORG) is a Canadian resurce cmpany fcused n explratin and develpment pprtunities in Africa, where it is currently fcused n the develpment f its 70%-wned Blck 14 prject in the Republic f the Sudan. The Cmpany has an experienced bard f directrs and management team and a strng balance sheet, with a treasury in excess f $9.5 millin as at December 31, The technical cntents f this release have been apprved by Hugh Stuart, BSc, MSc, a Qualified Persn pursuant t Natinal Instrument Mr. Stuart is the President f the Cmpany and a Chartered Gelgist and Fellw f the Gelgical Sciety f Lndn. The Mineral Resurce estimate was carried ut by Nic Jhnsn f MPR Gelgical Cnsultants f Perth, Western Australia wh is cnsidered t be independent f Orca Gld Inc. Mr. Jhnsn is a member in gd standing f the Australian Institute f Gescientists and has sufficient experience which is relevant t the cmmdity, style f mineralizatin under cnsideratin and activity which he is undertaking t qualify as a Qualified Persn under Natinal Instrument Mr. Jhnsn cnsents t the inclusin in this press release f the infrmatin, in the frm and cntext in which it appears. Samples used fr the results described herein are prepared and analyzed by fire assay using a 50 gram charge at the ALS Chemex facility at Rsia Mntana in Rmania in cmpliance with industry standards. Field duplicate samples are taken and blanks and standards are added t every batch submitted. Fr Further Infrmatin, Cntact: Elina Chw Investr Relatins x 226 inf@rcagld.cm 3 O r c a G l d I n c.

4 Figure 1 Blck 14, Shwing Galat Sufar Suth and Wadi Dum Depsits as well as Liseiwi Target Figure 2 High-Grade Shts Within Wadi Dum Depsit 4 O r c a G l d I n c.

5 Figure 3 Main Zne Ftwall Structure and 320 Zne High-Grade Sht within Galat Sufar Suth Figure 4 Liseiwi Target High-Grade Drill Sectin 5 O r c a G l d I n c.

6 Cautinary Statement Regarding Frward-Lking Infrmatin This press release cntains frward-lking infrmatin and frward-lking statements within the meaning f applicable Canadian securities laws, including statements regarding Orca s (the Cmpany, the Crpratin, we r ur ) plans and expectatins relating t the Blck 14 prject ( Blck 14 ) in nrthern Sudan and the Pre-Feasibility Study ( PFS ) currently being cnducted by the Crpratin. These statements relate t analyses and ther infrmatin that are based n frecasts f future results, estimates f amunts nt yet determinable and assumptins f management. Statements cncerning mineral resurce estimates may als be deemed t cnstitute frward-lking statements t the extent that they invlve estimates f the mineralizatin that will be encuntered if the prperty is develped. The assumptins, risk and uncertainties utlined belw are nn-exhaustive. Shuld ne r mre f these risks and uncertainties materialize, r shuld underlying assumptins prve incrrect, actual results, perfrmance r achievements f the Crpratin, r industry results, may vary materially frm thse described in this presentatin. Any statements that express r invlve discussins with respect t predictins, expectatins, beliefs, plans, prjectins, bjectives, assumptins r future events r perfrmance (ften, but nt always, identified by wrds r phrases such as expects, anticipates, believes, plans, prjects, estimates, assumes, intends, strategy, gals, bjectives, ptential, pssible r variatins theref r stating that certain actins, events, cnditins r results may, culd, wuld, shuld, might r will be taken, ccur r be achieved, r the negative f any f these terms and similar expressins) are nt statements f histrical fact and may be frward-lking statements. Frward-lking statements and frward-lking infrmatin are nt guarantees f future perfrmance and are based upn a number f estimates and assumptins f management at the date the statements are made including withut limitatin, assumptins abut the fllwing (the Frward-Lking Factrs ): future prices f gld and ther metals; successful explratin, develpment, and prductin f Blck 14; the timing and cmpletin f the PFS; perfrmance f cntractual bligatins by cunterparties; perating cnditins; plitical stability; btaining gvernmental apprvals and financing n time; financial prjectins and budgets; btaining licenses and permits; gvernment regulatin f the Crpratin s mining activities; envirnmental risks and expenses; market cnditins; the securities market; price vlatility f the Crpratin s securities; currency exchange rates; freign mining tax regimes; insurance and uninsured risks; financial prjectins and results; cmpetitin; availability f sufficient capital, infrastructure, equipment and labur; dependence n key persnnel; dependence n utside parties; cnflicts f interest; litigatin; land title issues; lcal cmmunity issues; estimatin f mineral resurces; realizatin f mineral resurces; timing and amunt f estimated future prductin; the life f Blck 14; reclamatin bligatins; changes in prject parameters as plans cntinue t be evaluated; and anticipated csts and expenditures and ur ability t achieve the Crpratin s gals. While we cnsider these assumptins t be reasnable, the assumptins are inherently subject t significant business, scial, ecnmic, plitical, regulatry, cmpetitive and ther risks and uncertainties, cntingencies, many f which are based n factrs and events that are nt within the cntrl f the Crpratin and there is n assurance they will prve t be crrect. Frward-lking statements are subject t a variety f knwn and unknwn risks, uncertainties and ther factrs that culd cause actual events r results t differ frm thse reflected in the frward-lking statements, including, withut limitatin knwn and unknwn risks, uncertainties and ther factrs relating t the Frward-Lking Factrs abve, and thse factrs disclsed under the heading Risk Factrs in the Crpratin s dcuments filed frm time t time with the securities regulatrs in the prvinces f Canada. In additin, a number f ther factrs culd cause the actual results, perfrmance r achievements f the Crpratin t differ materially frm any future results, perfrmance r achievements expressed r implied by the frward-lking infrmatin, and there is n assurance that the actual results, perfrmance r achievements f the Crpratin will be cnsistent with them. Fr further details, reference is made t the risk factrs discussed r referred t in the Crpratin s annual and interim management s discussin and analyses n file with the Canadian securities regulatry authrities and available electrnically n the SEDAR website at Althugh the Crpratin has attempted t identify imprtant factrs that culd cause actual actins, events, results, perfrmance r achievements t differ materially frm thse described in frward-lking statements and frward-lking infrmatin, there may be ther factrs that cause actins, events, results, perfrmance r achievements nt t be as anticipated, estimated r intended. There can be n assurance that frward-lking statements r infrmatin will prve t be accurate, as actual results and future events culd differ materially frm thse anticipated in such statements. Such frward-lking statements and infrmatin are made r given as at the date f this presentatin and the Crpratin disclaims any intentin r bligatin t update r revise any frward-lking statements, whether as a result f new infrmatin, future events r therwise, except as 6 O r c a G l d I n c.

7 required under applicable securities law. The reader is cautined nt t place undue reliance n frward-lking statements r frward-lking infrmatin. Neither the TSX Venture Exchange nr its Regulatin Services Prvider (as that term is defined in the plicies f the TSX Venture Exchange) accepts respnsibility fr the adequacy r accuracy f this release. 7 O r c a G l d I n c.