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Goldrich Mining Files Results For 2017 Second Quarter

SPOKANE, WA - August 29, 2017- Goldrich Mining Company (OTCBB: GRMC) (“Goldrich” or the “Company) reports Form 10Q for the quarter ended June 30, 2017 was timely filed and includes production figures for Goldrich NyacAU Placer, LLC (“GNP”) through July 31, 2017. GNP is a 50/50% joint venture between Goldrich and NyacAU, LLC (“NyacAU”) formed to mine the various placer deposits that occur throughout Goldrich’s 23,000-acre Chandalar gold project in Alaska. NyacAU is the manager of the joint venture.

GNP production through July 2017 was approximately 7,262 ounces of alluvial gold, equivalent to approximately 6,050 ounces of fine gold. Production for the same period in 2016 was approximately 5,565 ounces of alluvial gold, equivalent to approximately 4,484 ounces of fine gold.

Subject to weather, production in 2017 should continue through mid-September.


This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements concern use of proceeds and potential exercise of the warrants. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, budgets, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might”, “should” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements. Investors should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed in in the Company’s latest Annual Report on Form 10-K and Quarterly Report on Form 10-Q under the heading “Risk Factors”, filed with the U.S. Securities and Exchange Commission (the “SEC”) and available on the SEC website or, as well as the Company’s other SEC filings. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as required by law.

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