Dorato Announces Commencement of Exploration at Deborah Property, Cajamarca, Peru

Dorato Resources Inc. ("Dorato" or the "Company") (TSX
VENTURE:DRI)(OTCQX:DRIFF)(FRANKFURT:DO5) is currently conducting the initial
exploration program at the recently acquired Deborah Property ("Deborah"), in
Cajamarca Region, Peru. Dorato entered into an option agreement in September
2011 to acquire a 100% interest in the property, which is nestled between
several major ore deposits including Anglo American's Michiquillay Copper-Gold
Porphyry, located 6 kilometres to the southwest (631MT of 0.69% copper, 0.15 g/t
gold, and 0.02% moly) and China Minmetals and Jiangxi Copper Corp's El Galeno
Copper-Gold Porphyry, located 6 kilometres to the north (661MT of 0.50% copper,
0.12 g/t gold; Figure 1). The focus at Deborah will be to discover similar
bulk-mineable, gold-silver-copper mineralization, though at present it is not
known if similar results will be obtained from the property.


Deborah is located only 1.5 hours east of the city of Cajamarca, with good
access via paved and dirt roads. While little of the historic surface or drill
hole data are available, the initial work underway is focussed on a large area
not tested by drilling and with only limited surface samples. Reconnaissance
mapping at 1:5000 scale over the last couple weeks has led to a good
understanding of the geology and outlined widespread iron-oxide mineralization.
Close-spaced soil and rock chip sampling of a core area covering 120 Ha is
targeting disseminated gold and/or silver mineralization hosted by
gossanous-weathering quartzite and siltstone (Figures 2 to 4). These rocks lie
east and north of areas of historic drilling, where narrow breccia bodies within
massive quartzite were targeted. Trenches and pits will be dug in areas of talus
overburden and any bedrock will be sampled. Maps and images are available at
www.doratoresources.com; see September 23, 2011 News Release for additional
information.


Further, the Company wishes to advise the following management changes. Carlos
Ballon, a current director of the Company, will be replacing Anton Drescher as
President and CEO. Mr. Ballon is a graduate of Colorado School of Mines and a
very experienced mining engineer who managed the Santander mine in Peru from
1985 to 1993. More recently, he was vice-president, South America, for Corriente
Resources Ltd. and a director of Thiess South America (Australia's largest
contract miner) where he managed major engineering works in Peru. Mr. Ballon is
currently manager, South America, for Cardero Resource Corp., a mineral
exploration company listed on the Toronto Stock Exchange and the NYSE Amex and a
director of Stonehouse Construction, a private international multi-disciplined
project delivery company, headquartered in Kuala Lumpur, focusing on projects in
Malaysia and Kazakhstan. Anton Drescher will remain as a director and be
replacing Anna Ladd as the Company's CFO. The Company wishes to thank Ms. Ladd
for all her efforts.


The Company is continuing its efforts to complete the non-brokered financing as
announced on November 17th, 2011. 


To view Figures 1-4, click on the following link:
http://media3.marketwire.com/docs/d31f.pdf


About Dorato Resources Inc.

Dorato Resources Inc. is 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 opportunities in strategically important locations where
prospectivity can be demonstrated by proximity to existing deposits. The
Cajamarca Region 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
remains underexplored despite being located within kilometres of recent
significant discoveries like the Fruta del Norte epithermal Au deposit (Kinross)
and the Mirador Cu-Au Porphyry District, both located just across the border in
Ecuador.


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.


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

Anton Drescher, Director

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 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.