CONFIRMATION OF GOLD GRADE OF NEW LITHOLOGY WITH VISIBLE GOLD OBSERVED IN THREE DRILLHOLES OUTSIDE THE KNOWN GOLD ZONE, CHEECHOO GOLD PROJECT, OPINACA AREA, JAMES BAY, QUÉBEC

Val-d’Or. Québec – March 7, 2016 – Golden Valley Mines Ltd. (“Golden Valley” or the “Company”) (TSX-V: GZZ) announces partial results…