Drilling Program To Start At Las Cristinas

MONTREAL - Freyja Resources Inc. has received a drilling permit from the Secretary of the Ministry of Environmental and Natural Resources of Mexico. The Permit covers areas of the Las Cristinas Property where drilling operations will not impact vegetation. The first phase of the drilling program, which is expected to start in April, will consist of approximately 1,000 meters, with more drilling targets to be identified in the coming weeks.

The drilling programs main objective will be to delineate the initial open pit production area within the 550-meter mineralized sections comprised of the North Mount and South Mounts and to test the Southern Extension. The work will focus on the oxide copper mineralized surface section and the sulfide copper/silver ore at depth. Assay results from the sampling program were announced by the Company on February 13, 2014 and delivered up to 17.95% copper and 429 g/t silver, including 64 samples from the Southern Mount that averaged 1.697% copper and 10 g/t silver. From those 64 samples, the 41 samples that were taken within the estimated 30-meter of true width of the mineralized section averaged 2.454% copper and 11 g/t silver. Results from the recently announced sampling program also included a number of higher grade assays from the mineralized surface and underground workings, including a six meter section on surface of the South Mount with 5.089% copper and 20 g/t silver and a contiguous underground channel sample of nine meters in the North Mount.

The initial phase of the drilling program will focus on the southern end of the Property (the Las Cristinas Area) where small scale copper production took place in the early 70s. This area of the Property has the benefit of hosting old underground workings and includes several drifts and adits. All current access roads are located at the south end of the Property. The Las Cristinas Area is approximately 1.45 kilometers long by a width of up to 120 meters.

Commenting on the drilling program, Freyja's President and CEO Andre St-Michel stated: The results from our extensive sampling program of the Las Cristinas Area released in February gave us a clear indication of how we needed to plan the next phase of our exploration program, which consists of about 3,000 meters of drilling. With the drilling permit we have now obtained we can proceed right away with the first phase of our drilling program.  St-Michel concluded: We will continue to focus on the Southern section of the property with a view of better delineating our production targets. We hope to complete this drilling program by the end of June.

The current approved drilling sites and infrastructure cover areas subject to removal of vegetation and include the construction of an access road with a length of up to 2,404 meters by approximately 5 meters wide and a total of 84 drilling pads with dimensions of six meters by five meters. Further environmental studies are currently being completed and are expected to be filed with SEMARNAT before the end of April 2014 in order to extend the area of the Property in which drilling is allowed.