Rogue Completes 2016 Plan

advances Project Optimization, applies for Permits and makes Advancement Decision on Silicon Ridge

TORONTO, ON--(Marketwired - January 05, 2017) -

• Continued Further Analysis: estimated 36% reduction in overburden for the Southwest Zone Pit area
• Reduction of the planned Project footprint from the September 2016 PEA
• Advancement Decision: submission of applications, to begin the permitting process
• Second tranche of Private Placement closes, completing the $330,000 financing
• Corporate Update Conference Call scheduled for Tuesday, January 10^th, 2017

Rogue Resources Inc. (TSX VENTURE: RRS) ("Rogue" or the "Company") is pleased to announce continued progress on its Silicon Ridge Project (the "Project" or "Silicon Ridge") located approximately 42 km north of Baie St. Paul, Quebec.

Recently, the Company announced non-binding Letters of Intent with two potential buyers (see December 22, 2016 press release), and over the past weeks, calculated a large reduction in the volume of overburden to be removed and has decided to advance the Project by submitting applications for the initial permits, authorizations and certificates for Silicon Ridge.

"The Rogue Board of Directors has made the decision to approve submission of the applications for these permits and advance Silicon Ridge based on the Company's positive project optimization and our ongoing discussions with potential buyers of our quartz," stated Sean Samson, President & CEO. "In addition to the ongoing project optimization, Rogue will continue to work with SNC-Lavalin and the applicable Quebec Ministries to develop a sustainable project, minimizing the impacts to the local environment and benefiting local stakeholders and shareholders alike. This completes each of the major milestones from the 2016 Plan introduced last March, and I am very proud of the work done by our team and our key consultants. Rogue is developing a similar 2017 Plan, outlining our intended path for the Project that will be released in early February."

In 2016, the Company planned to de-risk and make a decision with respect to the Project by verifying the Quality, the Quantity, the Economics, the Permitting Path, and identifying potential Customers. Rogue completed each of the major milestones from the 2016 Plan, initially outlined last March.

Rogue 2016 Plan: http://www.marketwire.com/library/MwGo/2017/1/5/11G126637/Images/Rogue_2016_Plan-afcc87b7b2f48ad4811271aeb7f98d0a.jpg

Project Optimization