Dorato Resources Inc. ("Dorato" or the "Company") (TSX
VENTURE:DRI)(OTCQX:DRIFF)(FRANKFURT:DO5) is pleased to announce that on June 22,
2012 the Company entered into a Royalty Purchase Agreement with Franco-Nevada
Corporation ("Franco") whereby Franco has been granted a 2% net smelter return
on the Company's mineral properties in Peru in consideration of $350,000 in
cash. This Agreement replaces the Royalty Option Agreement between the parties
dated August 18th, 2008 and amended March 30th, 2009 which the parties mutually
agreed to terminate.


About Dorato Resources Inc.

Dorato Resources Inc. is a mineral exploration company focused on the highly
prospective Northern Peru copper-gold porphyry-epithermal belt. The Company has
property rights in two geographic centres:




--  Cajamarca Region Project-- Dorato has acquired rights on the Deborah
    property, which is nestled between several important copper-gold
    deposits, including Michiquillay and El Galeno. 

--  Cordillera del Condor Asset-- one of the most important gold-bearing
    districts in northern Peru 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. 



The Company focuses on grassroots opportunities in strategically important
locations where prospectivity can be demonstrated by proximity to existing
deposits. The Cajamarca Region, in contrast, is an established mining district
with excellent infrastructure. The Deborah property is a foothold for Dorato
into an established area with excellent exploration potential. The Cordillera
del Condor project represents an exceptional land position and an emergent
copper-gold district, located close to the border with Ecuador. This remote area
of Peru was unexplored until recently, but it is located within kilometres of
recent discoveries like Fruta del Norte and the Mirador District (both located
just across the border in Ecuador).


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

Rowland Perkins, Interim 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 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 supreme decree from Peruvian authorities and other risks and
uncertainties disclosed in the Company's 2012 Annual Information Form filed with
certain securities commissions in Canada and the Company's 2012 Annual Report on
Form 20-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.


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