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) reports today that it has cancelled the
previously announced brokered private placement, as referenced in the Company's
press release of July 7, 2011.


The Company also reports that it has appointed Anna Ladd as its Chief Financial
Officer effective July 12, 2011. Anna received a Bachelor of Commerce degree
from the University of British Columbia in 1991 as well as a Masters of Arts in
Economics from Queen's University in 1993 and is a Certified Management
Accountant.


Anna has over 15 years of experience in financing and financial controls in
relation to the mining industry from mine controller up to and including
responsibility for multiple mine operations. Anna has served as Vice President
Finance and Chief Financial Officer for a number of TSX listed junior mining and
development companies in addition to several mid-size to senior gold and base
metal producers including Grande Cache Coal's operations, Kinross Gold
Corporation's Fort Knox, Round Mountain and Kettle River operations and Vale
Inco's Thompson and Sudbury base metal operations.


Concurrent with Ms. Ladd's appointment, Michael Kinley has stepped-down as CFO
in order to devote more time to several early-stage exploration companies. The
Board would like to take this opportunity to thank Michael for his exceptional
service as the Company's CFO these past three years.


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

Keith J. Henderson, President and 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 net proceeds of the Offering, 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 supreme 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.

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