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DRI Xiana Mining, Inc.

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Share Name Share Symbol Market Type
Xiana Mining, Inc. TSXV:DRI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Dorato Provides Update

05/05/2012 3:42am

Marketwired Canada


Dorato Resources Inc. ("Dorato" or the "Company") (TSX
VENTURE:DRI)(OTCQX:DRIFF)(FRANKFURT:DO5) announces its decision to terminate the
Option Agreement with Minera Afrodita, Peru for their 5000 hectare concession
block within the Cordillera del Condor. This block represents less than five
percent of the entire 106,000 hectare concession controlled by Dorato. Future
work programs are expected to focus on anomalous silt samples within the main
concession block, as well as generate new anomalies in areas to the north in the
Ponce Atunez and Cangaza concession blocks, adjacent to the most highly
mineralized regions to the west in Ecuador (Mirador porphyry copper-gold and
Fruta del Norte epithermal gold deposits). 


Dorato has initiated planning new work programs at Cobrecon Este and targets to
the south (http://www.doratoresources.com/s/RegionalPorphyrySystems.asp) that
will consist of stream sediment, soil, and outcrop sampling, coupled with
regional mapping. Additionally detailed stream sediment and reconnaissance rock
sampling is planned for the Ponce Atunez
(http://www.doratoresources.com/i/maps/Targets_PonceAtunez_TMI_EM_K.jpg) and
Cangaza concession blocks to the north, where the regional geophysics has
generated several magnetic anomalies. The stream sampling will identify
anomalous areas to outline mineralization through soil sampling of ridges,
combined with channel sampling of any mineralization seen in outcrops.


At Dorato's Deborah property, in southern Cajamarca region, the next work
program will consist of about 800 metres of hand trenching and channel sampling
on both the Central and Northeast targets
(http://www.doratoresources.com/s/Cajamarca.asp). As well, the soil sample grid
at the Northeast Target will be extended to the north to close off the
multi-element anomaly there.


About Dorato Resources Inc.

Dorato Resources Inc. is mineral exploration company focused on two geographic
centres within the highly prospective Northern Peru copper-gold
porphyry-epithermal belt. The Cajamarca Region is an established mining district
with excellent infrastructure. The Cordillera del Condor project consists of an
exceptional land position and an emergent copper-gold district, located close to
the border with Ecuador.


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

Gord Neal, 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.


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