Southern Legacy Appoints Key Officers and Seeks Listing on the Lima Stock Exchange

Southern Legacy Minerals Inc. ("Southern Legacy" or "the Company") (TSX
VENTURE:LCY) is pleased to announce the appointment of new officers along with
the Company's plan to list on the Lima Stock Exchange. 


Appointment of Officers 

As a result of a board meeting held on Thursday, July 5, 2012, the following
management team and officers have been appointed to Southern Legacy, effective
immediately: 


Cesar Lopez has been appointed interim President and Chief Executive Officer.
Mr. Lopez has over 18 years of experience in the resource sector with a focus on
exploration and development in South America. He has founded and served on the
board of directors of several public and private junior mining companies,
including AQM Copper, White Mountain Titanium, Centenario Copper, and Seafield
Resources. He holds an LL.M. in International Law from Golden Gate University
and a M.Sc. in Mineral Economics from the University of Chile. 


Antonio Pichardo has been appointed Chief Financial Officer of the Company. Mr.
Pichardo has over 14 years of experience in investment banking in New York, Sao
Paulo, Madrid, and London. He formerly served as the Executive Director of the
Metals and Mining division at WestLB Bank, where he was responsible for debt
financing projects in the Andean region. Mr. Pichardo has underwrote, arranged,
and executed debt financings totaling over $5 Billion. 


Other management team members appointed to serve the Company include Roman
Flores, Vice President of Exploration; Elina Chow, Vice President of Corporate
Development; Bruno Behn, Country Manager for Chile; and Fernando Pickmann,
Country Manager for Peru. More information on the Company's officers and
directors, as well as information about the Company and its projects, can be
found at Southern Legacy's website at www.slminerals.com.


Listing on Lima Stock Exchange 

Southern Legacy has also determined that the Company will seek a listing on the
Lima Stock Exchange. The purpose of this decision is to expand the Company's
market access into Peru, one of the major sources of capital funding for
resource companies operating in that country, as well as provide more direct
access to the Company for investors throughout Latin America. 


Details on the Company are available at www.slminerals.com. The Company's
documents are available on SEDAR at www.sedar.com. 


On behalf of Southern Legacy Minerals Inc.,

Cesar Lopez, Interim CEO 

About Southern Legacy Minerals Inc. 

Southern Legacy Minerals Inc. ("Southern Legacy") (TSX VENTURE:LCY) is an
exploration company with a diversified portfolio of gold and copper projects in
South America. Southern Legacy's current projects span along the Andes in
Colombia, Peru and Chile. Led by a management team with over 20 years of mineral
exploration and development experience in South America, the team boasts strong
relationships with local government officials and stakeholders in the
jurisdictions where their projects are situated. Southern Legacy is currently
focused on expanding the resource at its flagship copper and gold project
AntaKori (formerly known as Sinchao), located in northern Peru between Gold
Fields' Cerro Corona and Buenaventura's Tantahuatay mines.


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.