SOURCE EXPLORATION CORP. (the "Company" or "Source") (TSX VENTURE:SOP) is
pleased to report step-out drilling at the Santa Cruz target of its Las Minas
project continues to intersect wide zones of gold-silver and copper skarn
mineralization including 1.44 g/t Gold Equivalent (Au Eq) over 45.0 metres in
hole LM-14-SC-04. A high-grade interval grading 11.96 g/t over 2.0 metres was
intersected in the upper portion of the drill hole. Drilling at Las Minas is
scheduled to resume in the first week of June. Current activities at the site
include construction of drill roads and pads, with planned detailed surface
mapping and sampling for target generation. 


Highlights from the remaining 3 holes from the 17-hole diamond drilling program
at the El Dorado and Santa Cruz targets (see press release dated April 7, 2014)
include:


Table 1 Selected Las Minas Drill Results



----------------------------------------------------------------------------
             From    To Interval  Gold Silver Copper Au Eq(1)               
Hole No.      (M)   (M)      (M)   g/t    g/t      %      g/t       Comments
----------------------------------------------------------------------------
LM-14-SC-04   0.0  13.7     13.7  0.39   4.30   0.96     2.10   From Surface
----------------------------------------------------------------------------
Including     7.7   9.7      2.0  1.00  22.50   6.05    11.69               
----------------------------------------------------------------------------
Within        0.0  82.0     82.0  0.23   2.40   0.31     0.80               
----------------------------------------------------------------------------
And within    0.0  51.6     51.6  0.24   3.00   0.39     0.95               
----------------------------------------------------------------------------
And         159.0 186.5     27.5  1.49   1.77   0.25     1.94               
----------------------------------------------------------------------------
Within      159.0 204.0     45.0  1.03   1.52   0.22     1.44               
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
LM-14-SC-05  13.0  19.0      6.0  1.90   5.20   0.42     2.70               
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
LM-14-SC-06  51.0  59.0      8.0  0.47   4.20   0.25     0.96               
----------------------------------------------------------------------------



"The Santa Cruz mineralized zone remains open in all directions and continues to
deliver high-grade intercepts contained within wider zones of mineralized
skarn," stated Brian Robertson, President and CEO. "We are excited about the
recent drill results at Santa Cruz and Eldorado. As a result, we are preparing
for Phase 2 of a multi-phase drilling program at Las Minas. The Phase 2 drilling
program will consist of 2,000 metres and further the development of an initial
mineral resource estimate for the Santa Cruz and Eldorado zones as well as test
additional high priority drill targets at Las Minas."


Step-out hole LM-14-SC-O4 is located approximately 125 metres along strike from
the high-grade hole LM-11-SC-45 (10.33 g/t Au Eq over 20.0 metres) (see press
release January 26, 2012). The hole delineated a high-grade interval in the
upper portion of the hole as well as a 45.0 metre intersection from 159.0 metres
to 204.0 metres grading 1.44 g/t Au Eq, including a 27.5 metre interval assaying
1.94 g/t Au Eq. 


Holes LM-14-SC-05 & 06 were drilled as step-out holes to extend the
mineralization intersected in hole LM-12-SC-54 (3.82 g/t Au Eq over 28.0 metres)
(see press release October 8, 2012) further to the northeast. Both holes
intersected wide zones of mineralization suggesting the continuation of the
mineralized zone at depth to the northeast. 


A drill map showing the location of the holes at Santa Cruz may be viewed on the
Company's website at www.sourceexploration.com - see Projects - Las Minas -
Current maps. 


All intervals are reported as down-hole lengths and additional information is
required to determine true widths for the Santa Cruz drilling. Assays are uncut,
length weighted average values. 


(1) Gold equivalent (Au Eq) calculations use metal prices of US $1200/oz. for
gold, US $19.00/oz. for silver and US $3.00/lb. for copper. No adjustments have
been made for potential relative differences in metal recoveries. 


Au Eq g/t equals Au g/t + (Ag g/t x 0.016) + (Cu% x1.71)

About Las Minas

The Las Minas Project hosts near-surface gold-silver and copper skarn
mineralization and high-grade gold-silver epithermal vein deposits. The project
is comprised of six mineral concessions covering approximately 1,616 hectares
(3,995 acres), with several small scale, past-producing mines and numerous
untested targets. 


The district is host to one of the largest under explored gold-silver copper
skarn systems known in Mexico, and has a production history that extends back to
the Aztec era. The Las Minas granodiorite intrusive measures approximately 10
kilometres in diameter and underlies the Las Minas concessions. The
mineralization controls and association with magnetite appear to be similar to
the Guerrero Gold belt, which is the site of the Los Filos and Morelos gold
deposits. 


Las Minas is an early-stage exploration project and does not contain any mineral
resource estimates as defined by National Instrument 43-101 Standards of
Disclosure for Mineral Projects ("NI 43-101"). The potential quantities and
grades disclosed herein are conceptual in nature and there has been insufficient
exploration to define a mineral resource for the targets discussed herein. It is
uncertain if further exploration will result in these targets being delineated
as a mineral resource. 


Quality Assurance/Quality Control 

The technical information in this news release has been reviewed and approved by
Sonny Bernales, P. Geo, a registered Professional Geoscientist in the Province
of British Columbia and a qualified person as defined by NI 43-101. Mr. Bernales
is responsible for logistics and supervision of all exploration activity
conducted by Source on the property.


The Company has implemented and adheres to a strict Quality Assurance/Quality
Control program which includes inserting mineralized standards and blanks into
the sample stream, about 1 for every 10 samples. The standards and blanks were
obtained from CDN Resource Laboratories Ltd. of Langley, BC, Canada. Each sample
bag is properly sealed and kept in a secured, restricted storage place prior to
shipping to the lab. Samples are shipped directly by Source or picked-up by the
lab vehicle with chain of custody/sample submittal signed and dated. The Company
sends it samples to SGS Mineral Services (ISO/IEC 17025) at Durango, Mexico, an
accredited and independent laboratory. 


About Source Exploration

Source Exploration is a Canadian based mineral exploration company committed to
building long-term value through ongoing discoveries and strategic acquisitions
of prospective precious metals deposits in Mexico. Source is exploring the Las
Minas Project, which is located in the core of the Las Minas district in the
Veracruz State, Mexico. The district is host to one of the largest under
explored skarn systems known in Mexico and has a strong production history that
dates back to the Aztec era.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release
includes certain information that may constitute "forward-looking information"
under applicable Canadian securities legislation. Forward-looking information
includes, but is not limited to, statements about the magnitude or quality of
mineral deposits, anticipated advancement of mineral properties or programs,
future operations, results of exploration, prospects, commodity and precious
metals prices, future work programs, anticipated financial and operational
results, capital expenditures and objectives and the completion and timing of
mineral resource estimates. Forward-looking information is necessarily based
upon a number of estimates and assumptions that, while considered reasonable,
are subject to known and unknown risks, uncertainties, and other factors, which
may cause the actual results and future events to differ materially from those
expressed or implied by such forward-looking information, including the risks
identified in the Company's disclosure documents available at www.sedar.com.
There can be no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those anticipated
in such information. Accordingly, readers should not place undue reliance on
forward-looking information. All forward-looking information contained in this
press release is given as of the date hereof and is based on the opinions and
estimates of management and information available to management as at the date
hereof. The Company disclaims any intention or obligation to update or revise
any forward-looking information, whether as a result of new information, future
events or otherwise, except as required by law.


Shares Issued: 74,133,401

FOR FURTHER INFORMATION PLEASE CONTACT: 
Source Exploration Corp.
David Baker
Executive Chairman
604-817-4211 or 604-970-8052


Source Exploration Corp.
Brian Robertson
President & CEO
807-474-4271or 807-251-1816
807-474-4272 (FAX)
info@sourceexploration.com
www.sourceexploration.com

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