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Oroplata Resources Plans Drill Program and Discusses Corporate Communications Policy

HENDERSON, Nev., July 15, 2016 (GLOBE NEWSWIRE) -- Oroplata Resources, Inc. (“Oroplata” or the “Company”) (OTCBB:ORRP) is pleased to provide the following update on the Company’s activities. The Oroplata geological team is in the process of reviewing all available well data and refining a planned 2016 Exploration Program of drilling and geophysics for the Western Nevada Basin (WNB) lithium project.

The WNB Project is located approximately 94 miles (151 kilometers) northeast of Tonopah, NV, in Nye County, Nevada. Oroplata holds a 100% interest in 500 claims over 10,000 acres in one of Nevada’s largest trapped drainage basins in an area that was first identified as lithium rich by the United States Geological Survey (USGS). The Company also has an exclusive option to acquire an additional 700 mining claims in the area for a total of 24,000 acres.

Oroplata believes the WNB project has the potential to host lithium-bearing brines in subterranean aquifers beneath the valley floor. Historical oil exploration and development data obtained by Oroplata indicate that geologic formations and brines are present that appear to be very similar to the lithium brine deposit model of the Clayton Valley. Clayton Valley hosts the Silver Peak lithium brine mine, which is operated by Albemarle Corp.

Lithium brine projects are known to be lower cost to explore and develop compared to hard rock mining alternatives; they are quicker in proving up a resource and reserves; they are faster and much less capital intensive to put into production.

The WNB project is located within Railroad Valley, a valley that is over 100 miles long and 15 to 25 miles wide that drains a 3,000+ square mile area. Sampling of dry sediment in the basin has found lithium values ranging from 50 to 247 ppm. The higher lithium values were concentrated almost entirely over a 40-mile by 16-mile section that contains the WNB project. The current claim configuration also covers a massive gravity low feature. Oroplata’s planned drilling program will be optimized both in technology and locations so as best to test the brine horizons and examine the overall reservoir potential of the basin. Surficial and downhole geophysics will be employed to help generate a better understanding of the lateral extent of the brine horizons. The program will also be specifically designed to rapidly produce a resource and advance economic analysis by testing brine flow rates. Additional details relating to the drilling program will be released prior to the initiation of drilling.

Craig Alford, Oroplata’s CEO stated, “We are very excited to be readying ourselves for a drilling and geophysics program at the high-potential WNB lithium project in Nevada. Going forward, we will continue to take our responsibilities as an emerging publicly traded company very seriously. As such, in order to facilitate the timely and accurate release of information to our valued shareholders and the investment community, Oroplata will maintain its policy to disseminate corporate material exclusively through its website, filings with the SEC, and through Company issued press releases only. These channels offer the most efficient and transparent way to distribute our corporate message and provide all market participants with the most factual and up-to-date information publicly available. We caution readers that information and opinions of third party commentators are not issued by the Company, may contain inaccuracies or out-of-date information, and should not be solely relied upon when making investment decisions. Oroplata encourages all interested parties to review information and press releases available at its website and SEC.gov.”

About Oroplata: Oroplata Resources Inc. is focused on becoming a substantial profitable lithium producer by the rapid development of valuable production-grade lithium brine deposits in Nevada and throughout the southwest United States.

For more information about Oroplata Resources, visit:

www.oroplataresourcesinc.com.

IR Contact: Kingston Advisors

+1-212-796-5290

info@kingstonadvisors.com

www.kingstonadvisors.com

Safe Harbor Statements

Certain information contained in this news release constitutes “forward-looking statements” as such term is used in applicable United States and Canadian laws. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates”, “intends” or “believes”, or that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”, or “be achieved”. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Many of these factors are beyond the Company’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company’s filings with the SEC. Such risks and other factors include, among others, the ability to locate and acquire suitable interests in alternative medicine manufacturing operations on terms acceptable to the Company, the availability of financing on acceptable terms, accidents, labor disputes, acts of God and other risks of the alternative medicine industry including, without limitation, delays in obtaining governmental approvals or permits, title disputes or claims limitations on insurance coverage. The Company believes that the expectations reflected in the forward-looking statements included in this news release are reasonable; however, no assurance can be given that these expectations will prove to be correct, and such forward-looking statements should not be unduly relied upon. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.

Source:Oroplata Resources, Inc.