Clancy Exploration Limited 3 Corporation Place Orange NSW 2800 Australia

Phone: (02) 6361 1285

Fax: (02) 6361 1202

www.clancyexploration.com [email protected]

ASX / MEDIA ANNOUNCEMENT

7 July 2016

BOARD CHANGES

Clancy Exploration Limited (ASX: CLY) advises that Mr Scott Patrizi has been appointed to the Clancy board as a Non-Executive Director.

Scott is a corporate finance professional having been previously employed with Deloitte Touche Tohmatsu in Perth. Scott holds a Bachelor of Commerce from the University of Western Australia. During his time at Deloitte, Scott worked across a range of industries including mining, oil and gas, healthcare, education and private equity providing merger and acquisition, valuation and due diligence services.

Prior to Deloitte, Scott worked for Argonaut Limited, a full service advisory, stockbroking & research and investment house focussed on clients in the natural resources sector, where he gained significant equity capital market experience.

Mr Evan Cranston has been appointed Chairman of the Company.

Mr Nathan Featherby has stepped down as a Director and Chairman effective today. The Board of Clancy thanks Mr. Featherby for his contribution and wishes him all the best for the future.

-ENDS-

Please direct enquiries to:

Evan Cranston

Non-executive Director Phone: +61 8 6143 6720

Email: [email protected] Web: www.clancyexploration.com

About Clancy Exploration

Clancy Exploration (ASX: CLY) is an Australian-focused copper, gold and base metals explorer. The Company's portfolio consists of copper-gold projects in the Lachlan Fold Belt of NSW where Clancy has 5 wholly owned and managed projects and 1 joint venture project each with Alkane Resources Ltd (ASX: ALK) and Ramelius Resources Ltd (ASX: RMS). This mix of Clancy and joint venture project funding allows a high level of exploration activity to be maintained, whilst prudently managing Clancy's financial resources. Details of Clancy's projects can be found at the Company's website: www.clancyexploration.com.

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