Dorato Resources Inc. (TSX VENTURE:DRI)(OTCQX:DRIFF)(FRANKFURT:DO5) ("Dorato" or
the "Company") is pleased to announce that it has received additional results
from Minera Afrodita's drilling at the Lucero target in the Cordillera del
Condor Project, northern Peru. Drilling of surface mineralization continues to
intersect consistent gold-copper mineralization to the west of the target and
remains open. Highlights include drillhole LUC-021, which intersected 1.26 g/t
gold and 0.63% copper from surface to 28.0 metres (Figures 1 and 2). Dorato has
a right to acquire 100% of Minera Afrodita.


The Company also announces that a total of 4,843,940 common share purchase
warrants have been exercised for net proceeds of $3.44 million. Exercised
warrants comprise 4,114,500 common share purchase warrants priced at $0.65 and
729,440 common share purchase warrants priced at $1.05. Shareholders who
exercised warrants include Franco-Nevada Corporation, which exercised 1 million
common share purchase warrants, 100% of their warrant position.


"I am delighted that a multi-national gold royalty company like Franco-Nevada,
who have been significant Dorato shareholders since 2008, continue to show
considerable belief if the project," stated Keith Henderson, Dorato's President
and CEO. "Franco's continued involvement represents a real vote of confidence in
the prospectivity of targets like Lucero and Cobrecon, as well as the numerous
other targets currently being evaluated in the belt."


LUCERO DRILLING

Drilling at Lucero is targeting gold and copper-gold mineralization hosted in
skarn, sediments and instrusions (Figure 4). Results have been received for
drillholes LUC-019, -020 and -021 and are outlined below.


Skarn Mineralization - Drillholes LUC-020 and -021 tested near-surface skarn
mineralization. Drillhole LUC-021 intersected 1.26 g/t gold and 0.63% copper
from surface to 28.0 metres (Figures 1 and 2). Drillhole LUC-020 intersected
0.44 g/t gold and 0.45% copper from surface to 28.2 metres depth (Figures 1 and
3). The skarn mineralization is outcropping at surface and has been subject to
post-mineral erosion, such that the skarn thickness varies from 10 metres to 150
metres depending on topography (Figure 4). In the area where drillholes LUC-020
and -021 were collared, outcropping skarn-hosted mineralization has been eroded,
preserving approximately 30 metres of mineralization. In drillhole LUC-008,
previously announced, a thicker section of 60 metres returned 0.88 g/t gold and
0.53% copper (News Release NR11-01). Results are pending for drillholes LUC-022
and -023, which tested the thickness and continuity of mineralization as
drilling continues to move westward. 


Porphyry Copper-Gold Mineralization - Drillhole LUC-019 is the first drillhole
testing for copper-gold porphyry mineralization at depth, collaring at the
southern extent of the drilled area (Figure 1). The drillhole intersected 400
hundred metres of potassic-altered granodiorite, which contained trace amounts
of fine disseminated copper mineralization (chalcopyrite) throughout. No
potentially economic grades were intersected but the alteration and consistent
low-grade mineralization intersected is consistent with a porphyry hosted system
and is encouraging. Drillholes LUC-024 and -025 are in progress in the northern
portion of the Lucero target. These drillholes are testing sediment-hosted and
porphyry copper-gold targets.


To view Figures 1-4 referenced in this press release, please click on the
following link: http://media3.marketwire.com/docs/dri46i.pdf


ONGOING WORK

Drilling at Lucero is ongoing with drillholes LUC-024 and LUC-025 in progress
testing porphyry potential to the north. Drilling at Cobrecon will begin in the
coming days, where multiple porphyry-style copper targets have been delineated.
Regional work is also ongoing with Targets T5 and T6 currently being evaluated
with surface samples.


Cordillera Del Condor Background

The Cordillera del Condor has been one of the most important gold-bearing areas
in Ecuador and Peru since pre-Incan times. On the Ecuador side of the border,
historical high-grade, small scale gold production is reported to have exceeded
100,000 oz per year.


Modern exploration on the Ecuadorian side of the border has resulted in the
discovery of multiple, significant and world-class gold and base metal-bearing
districts, such as Kinross Gold Corp.'s Fruta del Norte Gold deposit with an
inferred resource of 13.6 million contained ounces of gold averaging 7.23 g/t
gold), the Mirador Copper-Gold porphyry deposit (recently sold by Corriente
Resources Inc.) with measured & indicated resources of 438 million tonnes at
0.61% copper, 0.19 g/t gold plus inferred resources 235 million tonnes at 0.52%
copper, 0.17 g/t gold, and the Mirador Norte Copper-Gold porphyry deposit
(indicated 171 million tonnes at 0.51% copper, 0.09 g/t gold; inferred 46
million tonnes at 0.51% copper, 0.07 g/t gold), and Dynasty Metals & Mining
Inc's Jerusalem Gold deposit in the Chinapintza district with measured &
indicated resources of 0.58 million contained ounces gold at 12.4 g/t gold plus
an additional 0.71 million ounces inferred contained ounces averaging 11.5 g/t
gold). The technical information with respect to the above deposits was obtained
through the respective companies' public disclosure documents available on
SEDAR.


Qualified Person

John Drobe, P.Geo., Dorato's Vice President of Exploration and a qualified
person as defined by National Instrument 43-101, has reviewed the scientific and
technical information that forms the basis for this news release. Mr. Drobe is
not independent of the Company as he is an officer and a shareholder.


The geochemical results were reviewed by Tansy O'Connor-Parsons, Senior
Geochemist. Minera Afrodita on-site personnel rigorously collect and track
samples which are then security sealed and shipped to ACME Laboratories, Lima,
Peru for assay. ACME's quality system complies with the requirements for the
international standards ISO 9001:2000 and ISO 17025:1999. Analytical accuracy
and precision are monitored by the analysis of reagent blanks, reference
material and replicate samples. Quality control is further assured by the use of
international and in-house standards. Blind certified reference material is
inserted at regular intervals into the sample sequence by field personnel in
order to independently assess analytical accuracy. In addition, representative
blind duplicate samples are routinely forwarded to ACME and an ISO-compliant
third party laboratory for additional quality control.


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 Statement

This press release contains "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and "forward
looking information" within the meaning of the British Columbia Securities Act
and the Alberta Securities Act. Generally, the words "expect", "intend",
"estimate", "will" and similar expressions identify forward-looking information.
By their very nature, forward-looking statements are subject to known and
unknown risks and uncertainties that may cause our actual results, performance
or achievements, or that of our industry, to differ materially from those
expressed or implied in any of our forward looking information. Statements in
this press release regarding Dorato's business or proposed business, which are
not historical facts are forward-looking information that involve risks and
uncertainties, such as estimates and statements that describe Dorato's future
plans, objectives or goals, including words to the effect that Dorato or
management expects a stated condition or result to occur. Since forward-looking
statements address events and conditions, by their very nature, they involve
inherent risks and uncertainties. Actual results in each case could differ
materially from those currently anticipated in such statements. Investors are
cautioned not to place undue reliance on forward-looking statements, which speak
only as of the date they are made. All of the Company's Canadian public
disclosure filings may be accessed via www.sedar.com and readers are urged to
review these materials, including the technical reports filed with respect to
the Company's mineral properties. The foregoing commentary is based on the
beliefs, expectations and opinions of management on the date the statements are
made. The Company disclaims any intention or obligation to update or revise
forward-looking information, whether as a result of new information, future
events or otherwise.


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