Photo Release -- Santo Mining Signs Agreement to Acquire the "RICHARD" Gold Claim Located 200 Meters Southeast of Barrick Gold

Photo Release -- Santo Mining Signs Agreement to Acquire the "RICHARD" Gold
Claim Located 200 Meters Southeast of Barrick Gold in Dominican Republic

SANTO DOMINGO, Dominican Republic, Feb. 5, 2013 (GLOBE NEWSWIRE) -- Santo
Mining Corp. (OTCBB:SANP), (the "Company"), is pleased to announce that it has
entered into an agreement to acquire 100% or option the RICHARD gold
exploration application (the "RICHARD Claim") in the mineral-rich Hispaniola
Gold-Copper Back-Arc of the Dominican Republic. This agreement is part of the
Company's aggressive campaign to expand its portfolio of precious and base
metal claims.

RICHARD Gold Claim
 Santo Mining's RICHARD Gold Claim
 Proximity to Barrick Gold's Pueblo
 Viejo Gold Mine

A photo accompanying this release is available at

The RICHARD Claim is a 220 hectare claim strategically located just 200 meters
southwest of Barrick Gold's Pueblo Viejo mine, one of the World's largest gold
mines with probable and proven gold reserves of 25.3-million-ounces, or $38
Billion. Barrick Gold recently announced that it has invested approximately $4
Billion into the operation of the Pueblo Viejo mine. Also close to the RICHARD
Claim are Falcondo Xstrata's "massive nickel complex" and Perilya's "Cerro de
Maimon" gold mine.

This highly prospective polymetallic claim is situated in the heart of the
Maimón formation of the Hispaniola Gold-Copper Back-Arc, which is host to
several polymetallic volcanogenic massive sulphide ("VMS") type deposits,
namely the Cerro de Maimón and the Loma Pesada deposits.

In 2012 and January 2013 Santo Mining's field exploration team conducted
accelerated due diligence on the RICHARD Claim consisting of property wide
reconnaissance surveys, including stream sediment sampling and surface soil
geochemistry. During the past two months the exploration team has sent several
batches of soil, sediment and rock samples to Acme Laboratories for
multi-element trace analysis. The certified results have potentially
identified two zones of gold, silver, and copper anomalies. The principal gold
zone is located in the northwest quadrant of the RICHARD Claim, approximately
500 meters east of Barrick Gold's Pueblo Viejo boundary. In the next
exploration phase scheduled for February 2013, the team will focus on these
prospective target areas by conducting a more detailed surface soil
geochemistry survey. The Acme Laboratory results for gold and seven gold
pathfinder elements will be used to update the anomaly charts in the quest to
further define potential shallow drill targets.

According to Company President, Al French, "We are optimistic that February's
follow-up detailed geochemical surface soil exploration campaign will return
further positive results for gold and other precious and base metals typical
of the area's rich VMS and epithermal gold mineralization. With the addition
of the Richard Claim, Santo Mining now has five exploration concession
applications clustered in the epicenter of the Dominican mining zone.The
other claims are Walter, Kato (Eliza), Henry and Maria. The remaining Alexia,
Francesca and Nathaniel properties are located to the northwest, in the
'Hispaniola Gold Copper Arc.'Our current focus is maintaining the Company's
exploration momentum while adding potentially high-profile gold claims to the
expanding Santo Mining portfolio."

About Santo Mining Corporation

Santo Mining Corporation is a junior minerals exploration and development
company, based in the Dominican Republic. The Company is actively pursuing the
acquisition and exploration of properties, which are strategically located in
the prolific and highly prospective Hispaniola Gold-Copper Back-Arc area in
the Dominican Republic. A detailed description of the Company's activities is
available at

Further information on the Company and its filings can be found

The Santo Mining Corporation logo is available at:

Notice Regarding Forward-Looking Statements

This current report contains "forward-looking statements," as that term is
defined in Section 27A of the United States Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Statements in this press release,
such as the Company's plans to acquire a number of highly prospective gold
exploration properties, which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans, expectations
or intentions regarding the future, including but not limited to, any
mineralization, development or exploration of the Company's properties and the
timing of any work program or exploration activities, and any results that may
be obtained or the commencement of production.

Actual results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others, the
inherent uncertainties associated with mineral exploration and difficulties
associated with obtaining financing on acceptable terms. We are not in control
of metals prices and these could vary to make development uneconomic. These
forward-looking statements are made as of the date of this news release, and
we assume 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 we believe that the beliefs, plans,
expectations and intentions contained in this press release are reasonable,
there can be no assurance those beliefs, plans, expectations or intentions
will prove to be accurate. Investors should consult all of the information set
forth herein and should also refer to the risk factors disclosure outlined in
our most recent annual report for our last fiscal year, our quarterly reports,
and other periodic reports filed from time-to-time with the Securities and
Exchange Commission.

CONTACT: For further information, please contact:
         Tyler Troup, Circadian Group
         North American Toll free: 1-(866) 865-2780 or +1(647) 930-1037
         DD portal:

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