E2 Metals provided an update on exploration at the El Rosillo project located in the Rio Negro province of Argentina. Highlights: The Environmental Impact Assessment (EIA) report submitted by E2's wholly owned subsidiary, Ivael Mining SA was approved, and the Company has received all statutory approvals to drill at the El Rosillo project. El Rosillo is a new greenfields discovery located within the Gastre Fault which is host to Pan America Silver's large Navidad silver deposit (total resources 751Moz Ag) Drilling is planned to commence in May starting at Prospect 37A and Prospect 38A where trenching has defined high-grade bedrock-hosted mineralisation in continuous surface sample: - Prospect 38A ROT-009: 1m at 279gpt Au, 116gpt Ag - Prospect 37A ROT-024: 3m at 113gpt Au, 35gpt Ag, inc. 0.7m at 500gpt Au, 153gpt Ag ROT-023: 10.7m at 3.7gpt Au, inc. 3.2m at 9.3gpt Au An excavator is now on site to accelerate the current trench program, which has been expanded to 1500m and will test all priority surface targets within Target 37 and Target 38.

Final trench assays results and drill plans are expected in mid-April. The Rio Negro Province contains the northern portion of the Somuncura Massif, a large volcanic province that is geologically similar to the Deseado Massif in Santa Cruz, but has been subject to far less modern exploration. The Somuncura Massif is host to Pan American Silver's Navidad deposit, the large undeveloped silver deposit in the world with over 750 million ounces of silver resources.