Southern Legacy Minerals Inc.: Granting of Stock Options

Southern Legacy Minerals Inc. ("Southern Legacy" or the "Company") (TSX
VENTURE:LCY) is pleased to announce that on March 1st, 2013, subject to
regulatory approval, granted an aggregate of 1,350,000 incentive stock options
in accordance with the Company's stock option plan, to directors, officers and
consultants to the Company. The stock options are priced at $0.45 and will
expire February 27, 2017. 


About Southern Legacy Minerals Inc.

Southern Legacy Minerals Inc. ("Southern Legacy") (TSX VENTURE:LCY) is an
exploration company with a portfolio of copper and gold projects in South
America. Southern Legacy is currently focused on advancing its flagship copper
and gold AntaKori project (formerly known as Sinchao), located in northern Peru
between Gold Fields' Cerro Corona and Buenaventura-Southern Copper's Tantahuatay
mines. The project currently has a NI 43-101 compliant inferred resource
estimate of 294 Mt with average copper and gold grades of 0.48% and 0.36 g/t,
respectively, containing 3.1 Blbs of copper and 3.4 Mozs of gold, at an average
copper equivalent grade of 0.92%. 


Forward Looking Statement: 

Certain of the information contained in this news release constitutes
'forward-looking statements' within the meaning of securities laws. Such
forward-looking statements, including but not limited to those with respect to
the prices of metals and minerals, purchase payments, estimated future
production and estimated costs of future production involve known and unknown
risks, uncertainties and other factors which may cause the actual results,
performance or achievements to be materially different from any forecast
results, performance or achievements expressed or implied by such
forward-looking statements. Such factors include, among others, the actual
prices of metals and minerals, the actual results of current exploration,
development and mining activities, changes in project parameters as plans
continue to be evaluated, as well as those factors disclosed in the documents of
the Company filed from time to time with the British Columbia Securities
Commission. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Southern Legacy Minerals Inc.
Fernando Pickmann
CEO
+011.511.208.4200
[e-mail]
www.slminerals.com