Tesoro Minerals Corp. Announces Proposed Private Placement

Tesoro Minerals Corp. (the "Company") (TSX VENTURE:TES) is pleased to announce a
proposed non-brokered private placement of up to 13,000,000 units at a price of
$0.10 per unit (the "Units") for gross proceeds of up to $1,300,000 (the
"Offering").


Each Unit will comprise one common share and one common share purchase warrant
(the "Warrants"). Each Warrant will entitle the holder to purchase one
additional common share at a price of $0.20 per common share for the first year
from the date of issue, and at an additional $0.05 per common share for each
subsequent year until the expiry of the warrants five years after the date of
issue.


The net proceeds from the Private Placement will be used for the further
evaluation of the Company's gold exploration projects in Colombia and for
general corporate purposes.


Subject to TSX Venture Exchange approval, the Company may pay a finder's fee on
the gross proceeds of the Offering to qualified parties, payable in cash as well
as broker warrants.


Completion of this private placement is subject to the approval of the TSX
Venture Exchange.


About Tesoro Minerals Corp.

Tesoro Minerals Corp. (TSX VENTURE:TES) is a mineral exploration company with
major land positions in three of Colombia's most prolific gold regions including
Antioquia, Tolima-Quindio, and Santander-Norte de Santander. The Company has
assembled a team of experienced geoscientists with extensive exploration
experience in the Americas with the aims of advancing its assets towards
discovery.


On Behalf of Tesoro Minerals Corp.

Peter Tegart, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tesoro Minerals Corp.
Peter Tegart
President and CEO
[e-mail]