Tresoro Mining Announces Cease Trade Order In British Columbia

        Tresoro Mining Announces Cease Trade Order In British Columbia

PR Newswire

VANCOUVER, May 8, 2012

VANCOUVER, May 8, 2012 /PRNewswire/ -- Tresoro Mining Corp. (the "Company")
(TSOR-OTCQB, AN4-Frankfurt) a Nevada corporation with its shares of common
stock registered under Section 12(g) of the United States Securities Exchange
Act of 1934, as amended, and which files annual and other reports with the
United States Securities and Exchange Commission (the "SEC"), announces that
on May 4, 2012, the Company received a cease trade order (the "CTO") from the
British Columbia Securities Commission (the "BCSC"), the effect of which is
limited to the Province of British Columbia.

The BCSC issued the CTO as a result of the following:

1.The Company's annual information form for the year ended February 28, 2010
    (the "2010 AIF"), which was filed on SEDAR pursuant to Part 6 of National
    Instrument 51-102 Continuous Disclosure Obligations ("NI 51-102") and
    section 5(c) of BCI 51-509, disclosed scientific and technical information
    about the Guayabales property, which is a material property to the
    Company, that included references to a technical report dated May 28, 2010
    (the "2010 Report") that contains certain disclosure relating to measured,
    indicated and inferred mineral resource estimates for the Guayabales
    Project. However, the 2010 Report does not support the disclosure or
    material scientific and technical information in the 2010 AIF;
2.The Company's annual information form for the year ended February 28, 2011
    (the "2011 AIF") disclosed scientific and technical information about the
    Guayabales property and refers to an updated technical report dated
    February 8, 2011 (the "2011 Report") that contains certain disclosure
    relating to measured, indicated and inferred mineral resources estimates
    for the Guayabales Project. However, the Company failed to file the 2011
    Report as required by section 4.2(1)(f) of National Instrument 43-101
    Standards for Disclosure for Mineral Projects ("NI 43-101");
3.The Company included similar statements about mineral resources in its
    various Management Discussion and Analysis ("MD&A"), including those filed
    for all periods ending in 2010 through to present; and
4.A research report prepared on August 17, 2010 by a third party, which
    received compensation from the Company for such report, and is linked to a
    September 17, 2010 news release contains estimates of mineable reserves,
    gold mining revenues and current value that constitute a material change
    in the affairs of the Company. However, the Company failed to immediately
    issue and file a news release disclosing the nature and substance of the
    material change and file a material change report as required under
    section 7.1 of NI 51-102.



The Company is in the process of having such necessary documentation prepared,
filed, and/or amended in the very near future in order to come into compliance
with the requirements of the BCSC.

About Tresoro Mining Corp.

Tresoro Mining Corp. is a mineral exploration company. The Company's primary
project is to develop the Guayabales Gold Project located in the Marmato Gold
District, in Caldas, Colombia. The Project is a bulk-tonnage, gold-silver
target that is amenable to open pit mining as well as higher-grade gold-silver
mineralization that can be drawn out with selective underground mining
techniques. Historically Colombia has been one of the largest gold producers
in the world and the Colombian mining industry remains one of the most dynamic
and promising sectors of the Colombian economy.

Website: www.tresoromining.com
Symbol: OTCQB – TSOR; Frankfurt AN4, WKN NO. A0MUN4.
Contact: Investor Relations
Tel.: + 1-877-981-3130

Important Cautionary Note Regarding Canadian Disclosure Standards

The Company is an "OTC Reporting Issuer" under BC Instrument 51-509, Issuers
Quoted in the U.S. Over-the-Counter Markets, promulgated by the British
Columbia Securities Commission. Accordingly, certain disclosure in this news
release or other disclosure provided by the Company has been prepared in
accordance with the requirements of securities laws in effect in Canada, which
differ from the requirements of United States securities laws. In Canada, an
issuer is required to provide technical information with respect to
mineralization, including reserves and resources, if any, on its mineral
exploration properties in accordance with Canadian requirements, which differ
significantly from the requirements of the United States Securities and
Exchange Commission (the "SEC") applicable to registration statements and
reports filed by United States companies pursuant to the Securities Act of
1933, as amended, or the Securities Exchange Act of 1934, as amended. As such,
information contained in this news release or other disclosure provided by the
Company concerning descriptions of mineralization under Canadian standards may
not be comparable to similar information made public by United States
companies subject to the reporting and disclosure requirements of the SEC.
This news release or other disclosure provided by the Company may use the
terms "measured mineral resources", "indicated mineral resources" and
"inferred mineral resources". While these terms are recognized and required
by Canadian regulations (under National Instrument 43-101, Standards of
Disclosure for Mineral Projects), the SEC does not recognize them. United
States investors are cautioned not to assume that any part or all of the
mineral deposits in these categories will ever be converted to reserves. In
addition, "inferred resources" have a great amount of uncertainty as to their
existence and economic and legal feasibility. It cannot be assumed that all or
any part of an inferred mineral resource will ever be upgraded to a higher
category. Under Canadian securities legislation, estimates of inferred
mineral resources may not form the basis of feasibility or pre-feasibility
studies, or economic studies, except in rare cases. U.S. investors are
cautioned not to assume that part or all of an inferred resource exists, or is
economically or legally mineable.

Safe Harbor Statement

THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS
DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS
AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934,
AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL,
ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS,
PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.

EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN
THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO
CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER
MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR
IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS,
INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH
WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR
STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE
COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH MINERAL
EXPLORATION AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST
RECENT ANNUAL AND QUARTERLY REPORTS ON FORM 10-K AND FORM 10-Q, RESPECTIVELY,
AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE
COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL
PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY'S
ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES.
THERE CAN BE NO ASSURANCE THAT THE COMPANY'S EXPLORATION EFFORTS WILL SUCCEED
AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE
FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND
THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR
TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN
THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE
BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE
REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR
INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE
INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS
DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE
UNITED STATES SECURITIES AND EXCHANGE COMMISSION.

THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES
FULL RESPONSIBILITY FOR ITS CONTENTS. NONE OF FINRA, THE SEC NOR THE BRITISH
COLUMBIA SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF
THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR
THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE
SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD
BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS
OF ANY SUCH JURISDICTION.

SOURCE Tresoro Mining Corp.
 
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