Golden Reign Resources Ltd. announced results from a recently completed trenching program at the Las Dolores zone within the Las Conchitas area of its wholly-owned San Albino- Murra Property in Nueva Segovia, Nicaragua. The Las Dolores Zone is highly prospective, containing to date the most consistent high-grade gold mineralization within the entire Property. The zone hosts several mineralized structures comprising a system of parallel, shallowly NW-dipping, sheeted, quartz veins. Located only 1.5 kilometres south of the Company's San Albino Gold Deposit and bordering the Company's El Jicaro Concession to the south, the Las Dolores zone hosts near-surface high-grade mineralization in a geological setting similar to that of the San Albino Gold Deposit. The Zone has currently been traced along strike for over 1,000 metres. The 2017 trenching program, within the Las Dolores zone, has been very successful returning the highest values of the 2017 Trenching campaign: 1.0 m of 138.20 g/t gold and 156.0 g/t silver (3.3 feet of 4.03 oz/t Au and 4.55 oz/t Ag) ­ vertical sample The Company excavated five trenches designed to test the northeastern extension of the Las Dolores zone. High-grade mineralization has been exposed and the zone has been extended for an additional 250 metres to the north-northeast, bringing the total surface exposure of the zone to over 1,000 metres of strike length. Two trenches were excavated in close proximity to a historical working. Trench SAM17-TR-21 was excavated at the collapsed entrance to the working and trench SAM17-TR-27 twenty metres to the southwest. Both trenches exposed the mineralized quartz vein bearing visible gold and returned high-grade gold results. Three additional trenches were dug to test the extension and continuity of the gold mineralization previously exposed by trenches: LC11-TR 22 returning 4.0 m of 20.54 g/t Au (along dip) and 7.0 m of 10.81 g/t Au and 15.3 g/t Ag (along dip); and LC11-TR 23 returning 4.0 m of 5.35 g/t Au and 5.1 g/t Ag (along dip). To assess the upside potential of these open-pittable targets, two exploration pits and four trenches were designed to test the continuity and grade of the zone. Trenches SAM17-TR24, SAM17-TR25 and SAM17-TR26 were excavated over shallow historical workings, returning anomalous gold values below the cut-off grade of 1.0 g/t of gold. No drilling has been completed within the Las Dolores zone; however, the down dip extension of the mineralized structure has been tested by underground workings as previously reported in historical documents (1921) on Mina Dolores. These report an average vein width of 5.5 feet (1.7 metres), strike length of 500 feet (155 metres) and developed depth of 200 feet (62 metres). The two best samples collected and reported in 1921 returned 5.1 feet (1.6 metres) grading 1.5 ounces (47 g/t) of gold and 5.5 feet (1.7 metres) grading 1.14 ounces (35 g/t) gold. Note: The information regarding Mina Dolores is historical in nature and therefore is not NI 43-101 compliant. It should not be relied upon. To date, the Company has completed detailed exploration of only a small portion of the overall surface expression of the Las Conchitas area. Numerous other targets, including geochemical soil anomalies and historical workings are present and remain untested. Work completed to date indicates the likelihood of multiple mineralized, high-grade structures close to the surface. The southern Las Conchitas area hosts a number of high priority, clustered gold targets. Las Conchitas is situated immediately south of the San Albino Gold Deposit at the southwest end of Corona de Oro Gold Belt which, at 3 kilometres wide and 20 kilometres long, spans the Company's landholdings. The mineralized intervals shown above utilize a 1.0 g/t gold cut-off grade. The results are preliminary in nature. There is no certainty that further exploration will result in the identification of Mineral Resources.