Panamanian Supreme Court and National Lands Administration Authority (ANATI) Rule in Favour of Petaquilla

Panamanian Supreme Court and National Lands Administration Authority (ANATI) 
Rule in Favour of Petaquilla 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/12/13 -- Petaquilla
Minerals Ltd. (TSX:PTQ)(OTCBB:PTQMF)(FRANKFURT:P7Z) and its
wholly-owned subsidiary, Petaquilla Minerals, S.A. (collectively,
"Petaquilla" or the "Company") announce that the Supreme Court of
Panama has ruled in favour of Petaquilla and against Minera Panama,
S.A. ("MPSA"), a subsidiary of Inmet Mining Corporation, after the
latter submitted a claim of unconstitutionality before the Supreme
Court. 
As background, Petaquilla, in 2003, applied for and subsequently
acquired mineral concession rights to five areas of the Donoso
District of Panama. In 2008 and 2010, MPSA filed requests with the
Department of Mineral Resources and Ministry of Commerce and Industry
("MICI") to reject all applications for the exploration and
extraction of minerals on lands subject to Petaquilla's concession
rights. In September 2012, MICI issued Resolution 2012-509 declaring
MPSA's opposition petition to be without merit. As MICI's ruling was
a final determination and not subject to appeal, MPSA launched a
constitutional claim, which the Supreme Court has ruled not to
accept, thus upholding the ruling of MICI. MICI has also rejected
MPSA's application for an area of 11,145 hectares for the location of
its tailings facilities. 
Further, on February 5, 2013, Panama's National Lands Administration
Authority ("ANATI") upheld a resolution from October 2012 denying
MPSA the use of additional public lands to develop its copper mining
project. MPSA had requested that the October 2012 ruling be
reconsidered, leading to ANATI's further rejection of MPSA's request.
ANATI stated that it does not recognize the briefs filed by MPSA
relating to alleged notifications of the exercise of easement rights.
ANATI also reaffirmed that, pursuant to the Petaquilla Law of 1997,
any disputes between Petaquilla and MPSA should be resolved via
arbitration. 
About Petaquilla Minerals Ltd. - Petaquilla is a growing, diversified
gold producer committed to maximizing shareholder value through a
strategy of efficient production, targeted exploration and select
acquisitions. The Company operates a surface gold processing plant at
its Molejon Gold Project, located in the south central area of Panama
- a region known historically for gold content. In addition, the
Company has exploration operations at its wholly-owned Lomero-Poyatos
project located in the northeast part of the Spanish/Portuguese
(Iberian) Pyrite Belt and several other exploration licenses in
Iberia. 
On behalf of the Board of Directors of PETAQUILLA MINERALS LTD. 
Joao C. Manuel, Chief Executive Officer 
NO STOCK EXCHANGE HAS APPROVED OR DISAPPROVED THE INFORMATION
CONTAINED HEREIN. 
Contacts:
Petaquilla Minerals Ltd.
Joao C. Manuel
Chief Executive Officer
(604) 694-0021 or Toll free: 1-877-694-0021
(604) 694-0063 (FAX)
www.petaquilla.com
 
 
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