Astorius Provides Corporate Update



x-Astorius Resources Ltd.

Vancouver, British  Columbia / TheNewswire /  March  6, 2017 -  Astorius Resources Ltd. (TSX-V:  ASQ, Frankfurt:   47AF) (" Astorius" or the "Company")  is pleased to provide the following update on its portfolio   of gold projects.  The application for the drilling permits on  its 100% option on Rainbow Canyon in  Nevada has been filed with the Bureau of Land Management ("BLM").

 

Astorius  is also  pleased  to announce  that  it has  successfully  completed  negoitions  with  Lateegra  Ecuador  S.A. and Condor  Mines S.A., in regards to the Condor  mining  projects  it has optioned in Euador and also with Amlatminas  and francisco  Soria from whom Asotriuis bas optioned the Osos 1 Project,  and has been able to delay the payments  and will present a new time payment  schedule in the following weeks when the principalof Astorius  will meet these companies and individulas  in Ecuador.    These  negoitations  relieve  Astorius  from the payment  obligations  on both  projects  and allows  it to move forward  with these important  projects  by maintaining  the options  granted on them.

  

About  Astorius Resources Ltd.

 

Astorius  (TSX.V:ASQ   Frankfurt:  47A.S)  is a junior  exploration  and near  term production  company  focused  on high value minerals  deposits  in North  and South America,

 

ON BEHALF OF THE BOARD OF DffiECTORS

 

/s/ "Arthur Brown"

 

President  & Director

  

This news  release  contains  projections   and forward-locking    information   that  involve  various  risks and  uncertainties   regardtng future   events Such forward-tooking     trformaiion   can  include  without  limitation  statements  based  on current  expectations   involving  a number  of risks and  uncertainties and are no/ guarantees   offuture  performanc of the  Company.    The following   are important factors   thai could  cause  the Company's   actual  results  to differ  materially  from  those  expressed   or implied  by such forward   looking  statements;   the uncertainty  of 'future profitability and the uncertainty  of access  to additional  capital.    These  risks and  uncertainties   could  cause  actual  results  and the  Company's  plans  and objectives   to differ  materially from  those expressed  in theforward-looktng     information Actual  results and future  events could differ materially from  anticipated  in such information. Thesand all subsequent   written  and oral forward-looking     information  are  based  on estimates  and  opinions  of management   on the dates  they are made  and expressed   qualified   in their  entirely   by this  notice.  The Company   assumes  no obligation   to update forward-looking     information   should circumstance   or management's   estimates   or opinions  change.

 

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