Mr. Glen Indra reports

WESTMINSTER JOINT-VENTURES PERU PROPERTY TO AUSQUEST

Westminster Resources Ltd. has entered into a farm-in agreement with AusQuest Ltd. The agreement covers five of the 36 Peruvian copper licences recently acquired by Westminster, covering 4,900 hectares. These particular licences form part of the Ilo Sur project, which Westminster acquired along with the flagship Ilo Norte and Ilo Este projects. The farm-in agreement contemplates AusQuest completing 13,000 metres of drilling over 7.5 years to earn 65 per cent, with an option to earn 75 per cent by completing a prefeasibility study.

Glen Indra, Westminster's president and chief executive officer, commented: "AusQuest is an active and well-funded explorer in the southern Peru region, and we welcome their involvement in our portfolio of projects. I'd like to thank Chris Gale, incoming director of Westminster, for his assistance in arranging this agreement, and look forward to AusQuest success, while Westminster focuses on its wholly owned Ilo Norte and Ilo Este copper projects."

The five licences being farmed to AusQuest are part of a 12,225-hectare project area lying southwest of Westminster's Ilo Este copper project. AusQuest has licences adjacent to the Westminster licences that were drilled in 2016, providing it with encouragement to continue exploring this area for a possible buried porphyry copper target.

From a regional geological perspective, this project area is dominated by a Cretaceous-age diorite-granodiorite batholith, with coincident magnetic and radiometric anomalies adjacent to known structures, hosting multiple porphyry targets.

Terms of the farm-in agreement include an 18-month phase 1 program to identify drill targets, a three-year phase 2 program of a minimum 3,000 metres of drilling to earn the initial 35 per cent, a three-year phase 3 program of a further 10,000 metres of drilling or $2.5-million (U.S.) of additional expenditure (whichever comes first) to achieve a 65-per-cent interest, and then a final phase 4 prefeasibility study program to complete a prefeasibility study to achieve a 75-per-cent interest in the licences. Once AusQuest has earned 75 per cent, it can offer to buy out Westminster's remaining 25-per-cent interest for fair market value.

This news release has been reviewed and approved by Kerry Griffin, MAIG, a qualified person for the purpose of National Instrument 43-101, Standards and Disclosure for Mineral Projects.

About Westminster Resources Ltd.

Westminster Resources is a Latin American-focused mining exploration company. The company has recently acquired a 100-per-cent interest in a package of highly prospective copper properties in southern Peru. The company also holds a 100-per-cent interest in the 18,000-hectare El Cobre property in Sonora, Mexico, prospective for world-class epithermal and copper-gold porphyry systems.

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