Minera IRL Limited Minera IRL Limited Responds to Reports of Unauthorized Press Release

 
TIDMMIRL 
 
Minera IRL Limited Responds to Reports of Unauthorized Press Release 
FOR:  MINERA IRL LIMITED 
 
AIM, LMA SYMBOL:  MIRL 
TSX SYMBOL:  IRL 
 
September 25, 2015 
 
Minera IRL Limited Responds to Reports of Unauthorized Press Release 
 
LIMA, PERU--(Marketwired - Sept. 25, 2015) - Minera IRL Limited ("Minera IRL" or the "Company") (TSX:IRL)(AIM:MIRL) 
(BVLAC:MIRL) has become aware of a press release purportedly issued in Peru on 22 September 2015 under the Company's 
name, with a Minera IRL return e-mail address. The Company did not issue this press release. The purported press 
release indicated that on 8 September 2015, charges against the Company's board of directors and senior management 
were presented to the criminal prosecutor of Lima, who commenced a 30-day investigation. 
 
Notwithstanding the above, only on 23 September 2015 have the Company's lawyers in Peru been able to confirm that, on 
such date, an extension to proceedings initiated on 8 September 2015 against two of the Company's senior management, 
were filed to include all board members of the Company. 
 
Under Peruvian criminal law, police under the guidance and supervision of a prosecutor carry out the investigation. 
The criminal prosecutor does not have a term under which to conclude an investigation, after which he determines 
whether to file charges or not. 
 
Members of the board have not been served with any documents or been contacted by the prosecutor. In the event that 
this matter does proceed, it will be vigorously defended, as it is the Company's position that any such proceedings 
would be entirely without merit, as in the case of senior management. 
 
These actions with the Criminal Prosecutor's Office have been taken by Diego Benavides, the former Interim CEO of the 
Company, as an individual and not in the name of the Company or the Company's operating subsidiaries in Peru. 
 
As set out in the Company's press release dated 21 September 2015, as a result of the Company's investigation, Minera 
IRL is proceeding to remove Mr. Benavides from any positions within the Company's operating subsidiaries, Minera IRL 
S.A. and Compania Minera Kuri Kullu S.A., and has started a criminal investigation against his administration of these 
two subsidiaries. Under Peruvian corporate law, the process to remove him from the administration of the operating 
subsidiaries may take several months. 
 
About Minera IRL Limited 
 
Minera IRL Limited is an AIM, TSX and BVL listed precious metals mining and exploration company with operations in 
Latin America. Minera IRL is led by a management team with extensive operating experience in South America. In Peru, 
the Company operates the Corihuarmi Gold Mine and is advancing its flagship Ollachea Gold Project towards production. 
For more information, please visit www.minera-irl.com. 
 
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information 
contained in this news release. 
 
Cautionary Statement on Forward-Looking Information 
Certain information in this news release, including information about the Company's financial or operating performance 
and other statements expressing management's expectations or estimates of future events, performance and exploration 
and development programs or plans constitute "forward-looking statements". Forward-looking statements often, but not 
always, are identified by words such as "seek", "believe", "expect", "do not expect", "will", "will 
not", "intend", "estimate", "anticipate", "plan", "schedule" and similar expressions of a conditional or future 
oriented nature identify forward-looking statements. Forward-looking statements are, necessarily, based upon a number 
of estimates and assumptions. While considered by management to be reasonable in the context in which they are made, 
forward-looking statements are inherently subject to political, legal, regulatory, business and economic risks and 
competitive uncertainties and contingencies. 
 
The Company cautions readers that forward-looking statements involve known and unknown risks, uncertainties and other 
factors that may cause Minera IRL's actual financial results, future performance and results of exploration and 
development programs and plans to be materially different than those expected or estimated future results, performance 
or achievements and that forward-looking statements are not guarantees of future performance, results or achievements. 
 
Forward-looking statements are made as of the date of this news release and Minera IRL assumes no obligation, except 
as may be required by law, to update or revise them to reflect new events or circumstances. Risks, uncertainties and 
contingencies and other factors that might cause actual performance to differ from forward-looking statements include, 
but are not limited to, any failure to obtain or complete project financing for the Ollachea Gold Project (including 
the Senior Debt Facility), changes in the price of precious metals and commodities, changes in the relative exchange 
rates of the US dollar against the Peruvian nuevo sol, interest rates, legislative, political, social or economic 
developments both within the countries in which the Company operates and in general, contests over title to property, 
the speculative nature of mineral exploration and development, operating or technical difficulties in connection with 
the Company's development or exploration programs, increasing costs as a result of inflation or scarcity of human 
resources and input materials or equipment. Known and unknown risks inherent in the mining business include potential 
uncertainties related to the title of mineral claims, the accuracy of mineral reserve and resource estimates, 
metallurgical recoveries, capital and operating costs and the future demand for minerals. For additional information, 
please consult the Company's most recently filed MD&A and Annual Information Form. 
 
 
FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Minera IRL 
Eric Olson 
COO 
[phone] 
 
OR 
 
Minera IRL 
Brad Boland 
CFO 
[phone] 
 
OR 
 
Canaccord Genuity Limited 
Henry Fitzgerald-O'Connor 
Nominated Adviser & Broker, London 
[phone] 
 
OR 
 
Canaccord Genuity Limited 
Oliver Donaldson 
Nominated Adviser & Broker, London 
[phone] 
 
OR 
 
Buchanan 
Bobby Morse 
Financial PR, London 
[phone] 
 
 
Minera IRL Limited 
 

(END) Dow Jones Newswires

September 25, 2015 11:24 ET (15:24 GMT)