Public Review of TMAC Resources’ Draft Environmental Impact Statement and Water Licence Application for Madrid and Boston Initiated

Press Release

TORONTO– The Nunavut Impact Review Board (“NIRB”) in consultation with the Nunavut Water Board (“NWB”) has commenced the technical review period for the draft Environmental Impact Statement and draft water licence application submitted by TMAC Resources Inc. (“TMAC” or the “Company”)(TSX:TMR) on December 28, 2016. This favourable conformity determination initiates the public review of TMAC’s proposal for the development and mining of the Madrid and Boston gold deposits. TMAC looks forward to working with the Kitikmeot Inuit Association, communities and government departments during the NIRB’s and NWB’s thorough review processes that are anticipated to occur over a three year period.

ABOUT TMAC

TMAC holds a 100% interest in the Hope Bay Project located in Nunavut, Canada. TMAC is a fully financed, emerging gold producer, with the Doris Mine expected to achieve commercial production in the first quarter of 2017. The Company has a board of directors with depth of experience and market credibility and an exploration and development team with an extensive track record of developing high grade, profitable underground mines. TMAC’s shares trade on the Toronto Stock Exchange under the trading symbol TMR.

TMAC Resources Inc.

Catharine Farrow, 416-628-0216

Chief Executive Officer

or

Ann Wilkinson, 416-628-0216

Vice President, Investor Relations

www.tmacresources.com

or

Renmark Financial Communications Inc.

Daniel Gordon, 416-644-2020

514-939-3989

dgordon@renmarkfinancial.com

www.renmarkfinancial.com

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