Technical Report on Ekati Diamond Mine Released

Archon Minerals Limited #2801 – 323 Jervis Street Vancouver, BC, V6C 3P8 Tel: 604-682-3303

Technical Report on Ekati Diamond Mine Released

March 17, 2015 – Vancouver, British Columbia TSX.V: ACS

Archon Minerals Limited (“Archon” or the “Company”) is pleased to announce that a technical report entitled “Ekati Diamond Mine, Northwest Territories, Canada, NI 43-101 Technical Report” with an effective date of January 31, 2015 (the “Technical Report”) has been released by Dominion Diamonds Corporation (“Dominion”), the Company’s joint venture partner on the Ekati Buffer Zone property. The Technical Report provides, among other things, mineral reserves and resources statements for certain kimberlite pipes in both the Core Zone and the Buffer Zone. The Technical Report can be found under Dominion's profile on SEDAR and will be filed shortly on SEDAR by Archon.

ARCHON MINERALS LIMITED

“Stewart Blusson”

Stewart Blusson President and Director

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This news release may contain “forward-looking statements”, which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.