DRI Xiana Mining, Inc.

NOT FOR DISTRIBUTION IN THE U.S.

Dorato Resources Inc. ("Dorato" or the "Company") (TSX
VENTURE:DRI)(OTCQX:DRIFF)(FRANKFURT:DO5) announces that it has entered into an
agreement with M Partners Inc. (the "Agent") to raise on a best efforts private
placement basis up to $3 million (the "Private Placement") through the issuance
of up to 15,000,000 units of the Company at a price of $0.20 per unit (the
"Unit"). 


Each Unit of the Company shall consist of one common share and one half common
share purchase warrant (a "Warrant"), each whole Warrant exercisable to acquire
one additional common share at a price of $0.35 per common share, for a period
of 24 months after the closing date of the Private Placement (the "Closing").
The Agent will have the option to increase the size of the offering up to an
additional $1 million (additional 5,000,000 units). 


The Company will pay the Agent a cash commission equal to 7% of the gross
proceeds from the sale of the Units. In addition, the Agent will receive broker
warrants equal to 7% of the number of Units sold under the Private Placement,
with each broker warrant being exercisable at any time for one common share of
the Company at the issue price of $0.205 for a period of 24 months following the
Closing.


All securities issued in connection with the Private Placement will be subject
to a minimum four month hold period.


The Company intends to use the net proceeds from the Offering for exploration of
its mineral properties and for general working capital purposes.


This news release does not constitute an offer to sell or a solicitation of an
offer to sell any of the securities in the United States. The securities have
not been and will not be registered under the United States Securities Act of
1933, as amended (the "U.S. Securities Act") or any state securities laws and
may not be offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state securities laws or
an exemption from such registration is available.


The Offering is subject to regulatory approval and all securities issued in
conjunction with the Offering will be subject to a four month hold period
following closing.


About Dorato Resources Inc.

Dorato Resources Inc. is mineral exploration company focused on the highly
prospective Cordillera del Condor Gold District in northern Peru and adjacent to
the border with Ecuador - one of the most important gold-bearing districts in
the region since pre-Incan times. Dorato, through a series of option agreements
has the right to wholly acquire an extensive land package of approximately
1,050-square-kilometres - providing the Company with the largest land position
in the Cordillera del Condor and a highly strategic position in this emergent
gold district. Dorato is well funded and possesses experienced management with a
proven track record.


On behalf of the board of directors of DORATO RESOURCES INC.

Keith Henderson, President & CEO

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking
information (collectively, "forward-looking statements") within the meaning of
applicable Canadian and US securities legislation. All statements, other than
statements of historical fact, included herein including, without limitation,
statements regarding the anticipated content, commencement and cost of
exploration programs, anticipated exploration program results, the discovery and
delineation of potential mineral deposits/resources/reserves, business and
financing plans and business trends, are forward-looking statements. Although
the Company believes that such statements are reasonable, it can give no
assurance that such expectations will prove to be correct. Forward-looking
statements are typically identified by words such as: believe, expect,
anticipate, intend, estimate, postulate and similar expressions, or are those,
which, by their nature, refer to future events. The Company cautions investors
that any forward-looking statements by the Company are not guarantees of future
results or performance, and that actual results may differ materially from those
in forward looking statements as a result of various factors, including, but not
limited to, variations in the nature, quality and quantity of any mineral
deposits that may be located, variations in the market price of any mineral
products the Company may produce or plan to produce, the Company's inability to
obtain any necessary permits, consents or authorizations required for its
activities, the Company's inability to produce minerals from its properties
successfully or profitably, to continue its projected growth, to raise the
necessary capital or to be fully able to implement its business strategies, to
obtain the required supremem decree from Peruvian authorities and other risks
and uncertainties disclosed in the Company's Amended 2010 Annual Information
Form filed with certain securities commissions in Canada and the Company's 2010
Annual Report on Form 40-F filed with the United States Securities and Exchange
Commission (the "SEC"), and other information released by the Company and filed
with the appropriate regulatory agencies. All of the Company's Canadian public
disclosure filings may be accessed via www.sedar.com and its United States
public disclosure filings may be accessed via www.sec.gov, and readers are urged
to review these materials, including the latest technical report filed with
respect to the Livengood Property.


Cautionary Note Regarding References to Resources and Reserves

National Instrument 43 101 - Standards of Disclosure for Mineral Projects ("NI
43-101") is a rule developed by the Canadian Securities Administrators which
establishes standards for all public disclosure an issuer makes of scientific
and technical information concerning mineral projects. Unless otherwise
indicated, all resource estimates contained in or incorporated by reference in
this press release have been prepared in accordance with NI 43-101 and the
guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum
(the "CIM") Standards on Mineral Resource and Mineral Reserves, adopted by the
CIM Council on November 14, 2004 (the "CIM Standards") as they may be amended
from time to time by the CIM.


United States shareholders are cautioned that the requirements and terminology
of NI 43-101 and the CIM Standards differ significantly from the requirements
and terminology of the SEC set forth in the SEC's Industry Guide 7 ("SEC
Industry Guide 7"). Accordingly, the Company's future disclosures regarding
mineralization may not be comparable to similar information disclosed by
companies subject to SEC Industry Guide 7. Without limiting the foregoing, while
the terms "mineral resources", "inferred mineral resources", "indicated mineral
resources" and "measured mineral resources" are recognized and required by NI
43-101 and the CIM Standards, they are not recognized by the SEC and are not
permitted to be used in documents filed with the SEC by companies subject to SEC
Industry Guide 7. Mineral resources which are not mineral reserves do not have
demonstrated economic viability, and US investors are cautioned not to assume
that all or any part of a mineral resource will ever be converted into reserves.
Further, inferred resources have a great amount of uncertainty as to their
existence and as to whether they can be mined legally or economically. It cannot
be assumed that all or any part of the inferred resources will ever be upgraded
to a higher resource category. Under Canadian rules, estimates of inferred
mineral resources may not form the basis of a feasibility study or
prefeasibility study, except in rare cases. The SEC normally only permits
issuers to report mineralization that does not constitute SEC Industry Guide 7
compliant "reserves" as in-place tonnage and grade without reference to unit
amounts. The term "contained ounces" is not permitted under the rules of SEC
Industry Guide 7. In addition, the NI 43-101 and CIM Standards definition of a
"reserve" differs from the definition in SEC Industry Guide 7. In SEC Industry
Guide 7, a mineral reserve is defined as a part of a mineral deposit which could
be economically and legally extracted or produced at the time the mineral
reserve determination is made, and a "final" or "bankable" feasibility study is
required to report reserves, the three-year historical price is used in any
reserve or cash flow analysis of designated reserves and the primary
environmental analysis or report must be filed with the appropriate governmental
authority.

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