Quia Resources Identifies 2 km Long Vein System at Historic Libertad Mine in North Block

Quia Resources Inc. ("Quia" or the "Company") (TSX VENTURE:QIA) announced today
results from a sampling and mapping program at the historic Libertad mine in the
north block of its San Lucas project in Colombia and provided an update on its
ongoing drilling program. Highlights include:




--  A vein system of at least 2 km in strike has been outlined through
    mapping and underground channel sampling in artisanal tunnels and
    individual quartz-vein-breccia systems have been measured in places up
    to 4 metres in true width; 
    
--  Underground channel sampling returned grades as high as 39 g Au/t and 80
    g Ag/t; 
    
--  The Libertad target is a new high priority target for the Company with a
    well-defined structure of significant scale and carrying high grade gold
    mineralization; 
    
--  The drill program is currently progressing at the Rueda South target
    with 300 metres drilled to date this year in two holes; 
    
--  In light of the encouraging results from the Libertad target, the
    company is planning to incorporate the Libertad target into the current
    phase 1 drilling program. 



Yannis Banks, Quia's CEO, commented: "The Libertad vein system is a unique
opportunity because the historical and current artisanal mining and extensive
underground development has enabled us to quickly get a solid understanding of
the type of mineralization, structural control and potential size of the system.
Based on the dimensions of the system that we were able to determine through
this initial program, Libertad appears to hold the potential for significant
scale. The Libertad target is now one of our main priorities this year and we
intend to follow up this initial program with further detailed sampling and
targeted drilling."


Libertad Target 

The Company completed an initial reconnaissance sampling and mapping program in
the north block of its San Lucas property in the area of the historic Libertad
gold mine consisting of a total of 40 underground channel and rock chip samples
and 90 soil samples. The north block is situated approximately 14 km north of
the Colina-Rueda-Durmiente area and is geologically distinct as the mineralized
systems at Libertad are hosted within Proterozoic, schistose rocks of the Caja
Marca terrain, and appear to be within the Palestina fault system. The Palestina
fault is a major north-south fault that, in the San Lucas area, separates the
Caja Marca terrain from the younger, Norosi batholith (the San Lucas block) to
the east. As such, the Libertad target is a new target-type at the San Lucas
property that has yet to be tested. 


The main Libertad structure is currently being mined artisanally over a strike
length of approximately 2 km and artisanal mining is also taking place in an
area known as Montecristo which is interpreted as a parallel structure. On the
Libertad structure, the Company was able to access an area of underground
development continuous along 650 metres of strike. Results of the soil sampling
indicate a consistent strike length along the grid completed to this point (1
km). 


Discrete quartz veins and quartz-vein-breccia systems (the latter being up to 4
metres in true width) were mapped in the Libertad tunnels. The vein and
vein-breccias that were mapped host varying amounts of pyrite, sphalerite, and
galena mineralization within a quartz host. Visible gold was also observed in
some samples. Separate underground channel samples returned grades as high as 39
g Au/t and 100 g Ag/t.




Selected samples include:                                                   
                                                                            
----------------------------------------------------------------------------
Sample           Area    Structure   Channel Width       g Au/t       g Ag/t
----------------------------------------------------------------------------
496611       Open Pit  Pit surface               -         3.70         0.57
----------------------------------------------------------------------------
496623       Libertad         Vein            0.50         8.15        12.13
----------------------------------------------------------------------------
496626       Libertad         Vein            0.40        39.03        80.92
----------------------------------------------------------------------------
496627       Libertad         Vein            0.50        31.08        14.41
----------------------------------------------------------------------------
496628       Libertad         Vein            0.30         1.87         2.72
----------------------------------------------------------------------------
496633    Montecristo         Vein            0.20         1.01        59.06
----------------------------------------------------------------------------
496635    Montecristo         Vein            0.20         2.18       100.00
----------------------------------------------------------------------------
496638    Montecristo         Vein            0.20         2.63         1.51
----------------------------------------------------------------------------
496639    Montecristo         Vein            0.35         4.70        11.18
----------------------------------------------------------------------------
496648    Montecristo         Vein            0.35        12.79        16.62
----------------------------------------------------------------------------



Channel samples do not necessarily represent the true width of the
quartz-vein-breccia systems. In many cases the full width of the
quartz-vein-breccia systems was greater than the channel widths. The company is
planning further detailed sampling to better define the extent of the
mineralization at the Libertad target.


Drilling Program and Exploration Update 

Drilling has re-commenced with a new drill contractor using a smaller rig-type
better suited to the San Lucas project. To date, 300 metres have been completed
in 2012 at the Rueda South target. Since the drilling re-started, the Company
has seen a significant improvement in drill productivity. The Company is
currently drilling with one drill rig. 


The drilling program is currently focusing on the Rueda South target. The Rueda
South target consists of two intersecting gold-in-soil anomalies, one trending
north-east and the other north-west. The Rueda South target is also coincident
with a cluster of artisanal mines. Recent mapping in the artisanal tunnels has
identified two vein systems, one running in the north-west direction consisting
of at least two veins, and traceable for some 700 metres and a second system
running north-west, perpendicular to the first, and traceable over some 500
metres. 


In light of the encouraging results from the Libertad target, the company is
planning to incorporate the Libertad target into the current phase 1 drilling
program. 


An updated corporate presentation with new maps and other information will be
available today from the Company's website at www.quiaresources.com.


About Quia Resources Inc. 

Quia Resources is a gold exploration Company focused in Colombia and its
100%-owned San Lucas property in the San Lucas gold belt. The San Lucas gold
belt is among the least explored and most prospective gold belts in Colombia.
Quia is an early-mover into this belt and has established a key property
position and a strong base of technical knowledge in the area. 


Iain Kelso, P. Geo., is the Qualified Person for the information contained in
this press release and is a Qualified Person within the terms defined by
National Instrument 43-101. 


Samples were submitted to ACME Analytical Laboratories Ltd. Once in the custody
of ACME, sample preparation was completed at their Medellin, Colombia facility
and shipped to their Vancouver laboratory for analysis by fire assay and ICP.
Reference materials and blank samples were inserted into the sample stream and
all data reported in this release meets Quia Resources' QA/QC standards.


Forward-Looking Statements

This press release contains or refers to forward-looking information, including
statements regarding exploration results, potential mineralization, exploration
plans and timing of the commencement of drilling, and is based on current
expectations that involve a number of business risks and uncertainties. Factors
that could cause actual results to differ materially from any forward-looking
statement include, but are not limited to, delays in obtaining or failures to
obtain required governmental, environmental or other project approvals,
political risks, uncertainties relating to the availability and costs of
financing needed in the future, changes in equity markets, inflation, changes in
exchange rates, fluctuations in commodity prices, delays in the development of
projects and the other risks involved in the mineral exploration and development
industry. Forward-looking statements are subject to significant risks and
uncertainties, and other factors that could cause actual results to differ
materially from expected results. Readers should not place undue reliance on
forward-looking statements. These forward-looking statements are made as of the
date hereof and the Company assumes no responsibility to update them or revise
them to reflect new events or circumstances other than as required by law.