Giyani Reports High Grade Results, up to 67.4% MnO, At The New Otse Prospect in Botswana

OAKVILLE, ONTARIO--(Marketwired - Aug. 10, 2017) - Giyani Metals Corporation (TSX VENTURE:WDG)(FRANKFURT:KT9) ("Giyani" or the "Company") is pleased to announce that the Company has discovered and confirmed a second high grade manganese prospect near the town of Otse ("The Otse Prospect") that graded up to 67.4% manganese oxide (MnO) during the phase II regional mapping and sampling program at its 88% owned Kgwakgwe Hill (K.Hill) project in Botswana, Africa. The objective of this sampling program is to confirm and build confidence that a follow up drill testing campaign will deliver a sizeable compliant resource/reserve estimate in one or more of the areas currently being targeted.

The Otse Prospect is located 40 km east of the previously reported historical mine site on the Kgwakgwe hill top. Both prospects are located within the boundaries of the larger, manganese rich, K.Hill Project area. A total of 50 unique grab samples and 3 duplicates were collected from the Otse Prospect and submitted to SGS South Africa (PTY) LTD laboratories in Randburg, South Africa. Full assay results from these samples are presented as Appendix A hereunder.

Interpretation of the Manganese Occurrence at the Otse Prospect:

Manganese mineralization at the Otse Prospect occurs within a chert breccia unit, typically found stratigraphically on top of a manganiferous and ferruginous shale unit (see Fig. 1 on the Company's website).

The manganese occurs as replacement of the cement between clasts of the chert breccia (see Fig. 2 on the Company's website).

The style of mineralization is typically nodule-like and occasionally massive (see Fig. 3 on the Company's website).

This chert breccia unit is highly variable in thickness, ranging from a few meters up to 15 meters thick. The assay results indicate a similar grade to the manganese-shale sampled at the historical mine site on the Kgwakgwe hill, but mineralized material typically has a higher silica content. At this early stage, the Otse Prospect seems to be discontinuous with three different quarries showing mineralization. Continuity between these three occurrences can be determined through drilling (see map 1 on the Company's website).

MnO grades of the 50 unique samples from the Otse Prospect vary between 15.4% and 67.4% and average 48.1% MnO (excluding one sample from the unmineralized hanging-wall with 0.07% MnO).

"This new discovery of the Otse Prospect, with high grade manganese occurrences, adds to our growing confidence in the potential size of deposits within our property in Botswana. Our team on the ground continues to sample the rest of the larger K.Hill Project area with early signs of a third potential prospect that we will be able to report on once the results are in," states Wajd Boubou, President.

Roger Moss, Ph.D., P.Geo, is the qualified person, as that term is defined by National Instrument 43-101, on behalf of the Company and has approved the scientific and technical content contained in this press release.

Additional information and corporate documents may be found on www.sedar.com and on the Giyani website: http://giyanimetals.com/.

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

On behalf of the Board of Directors of Giyani Metals Corporation.

Duane Parnham, Executive Chairman & CEO

Forward-Looking Statements

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, the financial picture of the Company etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Appendix A: Assay Results from the New Otse Prospect.

RD17-41905 39 112
Received 19-Jul-17
Reported 28-Jul-17
NO ORDER#	WtRec	Al2O3	SiO2	CaO	Fe2O3	MgO	MnO	K2O	Na2O	TiO2	P2O5	V2O5	Cr2O3	LOI
METHOD	WGH79	XRF76V	XRF76V	XRF76V	XRF76V	XRF76V	XRF76V	XRF76V	XRF76V	XRF76V	XRF76V	XRF76V	XRF76V	XRF76V
LDETECTION	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.0023	0.01	0.01	-50
UDETECTION	0	100	100	100	100	100	100	100	100	100	100	100	100	100
UNITS	G	%	%	%	%	%	%	%	%	%	%	%	%	%
KAH/111/2017	627.5	0.35	50	0.08	1.74	0.08	35.5	0.76	0.03	<0.01	0.439	<0.01	0.01	5.95
KAH/112/2017	2887	0.83	29.2	0.12	2.84	0.19	51.5	1.34	0.04	0.02	0.549	<0.01	<0.01	8.79
KAH/113/2017	1140	0.94	8.29	0.11	5.13	0.09	67.4	0.52	0.04	0.01	0.967	<0.01	<0.01	11.81
KAH/114/2017	950	1.72	16.5	0.12	4.41	0.19	58.2	0.69	0.04	0.04	0.584	<0.01	<0.01	10.54
KAH/115/2017	1071.5	0.73	18.5	0.13	5.45	0.18	57.4	1.35	0.04	0.01	0.692	<0.01	<0.01	10.2
KAH/116/2017	1208	1.38	16.8	0.13	7.53	0.18	56.8	1.24	0.04	0.03	0.786	<0.01	<0.01	10.44
KAH/117/2017	1055.5	1.86	32.4	0.1	5.91	0.08	44.2	1.97	0.04	0.06	0.586	<0.01	<0.01	8.22
KAH/118/2017	3579	1.64	13.4	0.04	1.8	0.02	64.7	1.3	0.04	0.03	0.698	0.05	<0.01	10.92
KAH/119/2017	1525	1.71	36.6	0.12	3.73	0.04	42.9	1.77	0.04	0.01	0.578	<0.01	<0.01	8.02
KAH/120/2017	1316	1.81	33.8	0.1	8.71	0.07	40.2	2.2	0.04	0.05	0.643	0.01	<0.01	8.22
KAH/121/2017	1497.5	2.2	32.5	0.08	11.8	0.07	38.2	1.77	0.04	0.07	0.594	0.01	<0.01	8.7
KAH/122/2017	1189.5	2.62	33.6	0.06	8.51	0.07	39	1.52	0.04	0.05	0.539	0.01	<0.01	8.57
KAH/123/2017	1180	1.91	15.5	0.04	1.95	0.02	62.6	1.2	0.04	0.03	0.518	0.03	<0.01	10.86
KAH/124/2017	1284	1.8	34.9	0.08	10.6	0.06	38.6	0.83	0.03	0.05	0.427	0.07	<0.01	8.07
KAH/125/2017	1448	1.96	53.2	0.15	2.56	0.09	29.7	1.43	0.04	0.05	0.379	<0.01	<0.01	5.55
KAH/126/2017	1116.5	1.4	54	0.04	3.62	0.04	29.4	1.41	0.04	0.03	0.441	<0.01	<0.01	5.21
KAH/127/2017	967	1.62	43.4	0.18	4.62	0.1	35.8	1.59	0.05	0.07	0.336	0.05	<0.01	6.19
KAH/128/2017	2496.5	1.38	15.4	0.11	15.9	0.06	50	1.47	0.04	0.03	0.739	0.03	<0.01	10.95
KAH/129/2017	1734.5	1.46	16.3	0.11	9.98	0.03	54.8	1.09	0.04	0.03	0.677	0.04	<0.01	10.69
KAH/130/2017	1202.5	1.22	40.9	0.11	6.83	0.05	38.4	1.23	0.04	0.02	0.599	0.04	<0.01	7.29
KAH/131/2017	2885	2.84	41.1	0.08	9.78	0.23	30.9	1.39	0.05	0.06	0.351	0.02	0.01	8.3
KAH/132/2017	1385.5	2.63	21.3	0.08	9.83	0.34	47.7	1.19	0.05	0.04	0.412	0.05	<0.01	10.79
KAH/133/2017	1124.5	0.79	39.3	0.03	18.4	0.04	29.7	0.25	0.03	0.02	0.332	0.05	<0.01	7.64
KAH/134/2017	758.5	2.3	33.6	0.07	16.4	0.06	32.7	1.49	0.05	0.04	0.364	0.05	<0.01	8.78
KAH/135/2017	1303.5	2.73	17.1	0.1	13.7	0.13	49.1	1.23	0.04	0.06	0.603	0.04	<0.01	11.25
KAH/136/2017	1697.5	4.71	22.7	0.15	5.79	0.1	48.2	1.66	0.04	0.06	0.568	0.02	0.02	10.53
KAH/137/2017	851.5	5.12	17.1	0.15	6.47	0.17	51.3	1.81	0.04	0.08	0.655	0.01	<0.01	11.27
KAH/138/2017	1585	4.22	6.13	0.1	3.37	0.07	66.8	0.97	0.04	0.14	0.372	<0.01	0.12	12.83
KAH/139/2017	312.5	17	67.8	0.06	2.56	1.36	0.07	5.74	0.05	0.56	0.053	0.01	0.04	3.47
KAH/140/2017	1209.5	3.81	18	0.05	2.76	0.07	58.8	0.58	0.03	0.14	0.235	<0.01	0.08	11.09
KAH/141/2017	878.5	13.7	52.7	0.04	2.35	0.97	20.2	5.02	0.04	0.43	0.188	<0.01	0.08	5.97
KAH/142/2017	807	5.15	61.6	0.03	7.05	0.15	15.4	1.31	0.03	0.21	0.235	<0.01	0.12	4.86
KAH/147/2017	812	5.59	7.34	0.07	1.96	0.07	60.3	3.28	0.06	0.1	0.358	0.04	0.03	12.1
KAH/148/2017	1660.5	5.84	24.9	0.06	1.86	0.07	45.8	2.06	0.05	0.06	0.292	0.05	0.03	10.08
KAH/149/2017	826	9.44	5.55	0.07	1.32	0.11	56.4	2.08	0.05	0.04	0.48	0.04	0.01	13.66
KAH/150/2017	1142.5	4.89	27.9	0.09	4.09	0.07	42.8	1.97	0.05	0.04	0.298	0.03	0.05	9.52
KAH/151/2017	1009.5	3.6	2.44	0.08	0.7	0.05	67.3	3.26	0.06	0.02	0.447	0.03	<0.01	12.05
KAH/152/2017	630.5	1.71	40	0.1	4.03	0.05	39.9	0.71	0.03	0.04	0.234	0.01	0.02	7.4
KAH/153/2017	754.5	6.22	25.3	0.04	3.33	0.06	45	2.72	0.05	0.08	0.304	<0.01	<0.01	10.29
KAH/154/2017	1061.5	8.52	13.1	0.02	9.67	0.13	45.9	2.34	0.05	0.12	0.326	0.03	0.03	11.61
KAH/155/2017	963.5	10.9	18.3	<0.01	11.3	0.19	37.9	1.89	0.04	0.17	0.226	0.05	<0.01	11.52
KAH/156/2017	593.5	10.1	12.5	0.03	4.79	0.1	47.8	1.81	0.04	0.09	0.411	0.04	<0.01	12.72
KAH/157/2017	810.5	6.18	7.72	0.05	1.98	0.07	59.3	2.89	0.06	0.05	0.356	0.02	<0.01	12.61
KAH/158/2017	1057.5	3.9	28.4	0.1	4.2	0.07	43.4	1.66	0.05	0.04	0.319	0.03	<0.01	9.23
KAH/159/2017	1011.5	3.68	7.42	0.05	2.19	0.08	62.5	3.49	0.07	0.08	0.391	0.04	<0.01	11.48
KAH/160/2017	1170	5.06	10.9	0.05	2.47	0.11	57.2	3.11	0.07	0.13	0.361	0.04	<0.01	11.12
KAH/161/2017	781.5	5.26	8.7	0.06	1.89	0.08	58.6	2.95	0.06	0.1	0.363	0.04	<0.01	11.88
KAH/162/2017	920.5	8.94	7.8	0.04	1.78	0.09	56.3	2.93	0.05	0.09	0.342	0.04	<0.01	12.98
KAH/163/2017	1171	6.41	34	0.03	3.92	0.11	37.2	2.17	0.05	0.13	0.246	0.02	<0.01	8.92
KAH/164/2017	1039	8.9	5.37	0.04	1.51	0.08	59.3	3.26	0.06	0.08	0.318	0.03	<0.01	13.25
KAH/165/2017	987	8.59	8.06	0.04	1.64	0.12	57.1	2.87	0.05	0.07	0.384	0.04	<0.01	12.72
KAH/166/2017	998	2.76	31	0.13	3.39	0.17	46	2.7	0.05	0.08	0.309	0.02	<0.01	8.58
KAH/167/2017	813	4.23	13.9	0.17	2.32	0.23	58.2	2.78	0.07	0.09	0.433	0.03	<0.01	11.2
*STD-AMIS0407	-	0.29	5.45	15.7	6	3.18	46.7	0.04	0.04	0.02	0.042	<0.01	0.22	17.64
*STD-SARM 16	-	0.3	4.99	4.72	16.5	0.75	63.3	0.02	0.04	0.01	0.074	<0.01	<0.01	3.07
*STD-AMIS0407	-	0.28	5.46	15.8	5.99	3.19	46.9	0.04	0.04	0.02	0.041	<0.01	0.22	17.61
*STD-SARM 16	-	0.31	4.97	4.73	16.4	0.76	63.1	0.01	0.04	0.01	0.075	<0.01	<0.01	3.13
*BLK-BLANK	-	<0.01	<0.01	<0.01	<0.01	<0.01	<0.01	<0.01	<0.01	<0.01	<0.0023	<0.01	<0.01	100