Navy Resources Corp. Acquires Fae Property

NAVY RESOURCES CORP. NEWS RELEASE 1328-885 West Georgia Street TSX Venture Exchange Vancouver, B.C V6C 3E8 Trading Symbol: NVY

NAVY RESOURCES CORP. ACQUIRES FAE PROPERTY

NAVY RESOURCES CORP. (“Navy” or the “Company”) January 4, 2016, Vancouver, BC, is pleased to announce that it has entered into a definitive agreement to purchase a 100% interest in the Fae Project which is composed of 2 contiguous mineral claims located totaling 374.25 hectares in the Atlin Mining Division of northwestern British Columbia (the “Fae Property”). In consideration for the purchase, the Company has paid $15,000 CAD and will issue 100,000 shares of the Company to Andrew Molnar upon receiving acceptance by the TSX Venture Exchange.

The Fae claims are located approximately 120 km west of Dease Lake B.C., in a highly active area of exploration which includes the Golden Bear Mine located 15 km to the southwest, Garibaldi Resources Grizzly Project located 15 km to the southeast, Prosper Gold’s Star Project located 20 km to the east, and Teck Resources Eagle Project located 20 km to the southeast.

The area of the Fae Property was initially explored in the 1960’s for its porphyry copper potential. The discovery of the Golden Bear deposit in the early 1980’s, renewed gold exploration interest in the area.

The property saw significant geological work during the late 1980’s at which time programmes by Chevron Canada Limited and Tahltan Holdings Ltd outlined several areas outside of the main Fae Porphyry zone which returned anomalous precious metal results.

British Columbia Mineral Assessment Report (BCMAR) number 17891 by Tahltan Holdings Ltd. reported:

• In the Vermillion Ridge Area, grab sample (JCF674) returned 1440 ppb Gold and 7.8 ppm Silver from a quartz-carbonate with fuschsitic stock work zone.
• In the Fae Ridge area, sample number DY550 returned 6900 ppb Gold, 10.35 oz/ton Silver, 2095 ppm Copper, and 2912 ppm Zinc over 1.5 metres.
• In the Tag Creek area, sample number LB600 returned 2300 ppb Gold over 1.5 meters.

In 2007, Pagent Minerals Corp. conducted a rock sampling programme in the Vermillion Ridge Area from where grab sample number 147267 returned 17.78 g/t Gold, 120.9 ppm Silver, and 12,261 ppm Copper (BCMAR 29395).

In a subsequent program in 2011, Pagent Minerals Corp. reported drilling one 477.62 meter diamond drill hole to test the mineralized extent of the Fae Porphyry System (BCMAR 32562). Pagent Minerals Corp reported the following results:

A National Instrument 43-101 technical report is currently being prepared and will be completed and filed by the 2^nd week of January 2016.

Technical information in this news release has been prepared by Derrick Strickland P.Geo., a qualified person as defined in NI 43-101.

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For further information, please contact:

Steve Bajic at 604-505-6662

On behalf of the board of directors:

Steve Bajic Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Information:

This news release contains forward-looking information within the meaning of Canadian securities laws. Such information includes, without limitation, information regarding the Company’s intention to cancel all outstanding stock options. Although the Company believes that the expectations reflected in the forward looking information are reasonable, there can be no assurance that such expectations will prove to be correct.

Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, and similar expressions, or are those, which, by their nature, refer to future events. Readers are cautioned to not place undue reliance on forward-looking information. Such forward looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the possibility that the stock option cancellation will not occur for any reason. Except as required by law, the Company expressly disclaims any obligation, and does not intend, to update any forward looking statements or forward-looking information in this news release. The statements in this news release are made as of the date of this release.