VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2013) - Dorato Resources Inc. ("Dorato" or the "Company") (TSX VENTURE:DRI)(DO5.F) announces that it will be proceeding with the next work program on its Deborah property, in southern Cajamarca region, which will consist of about 800 metres of hand trenching and channel sampling on both the Central and Northeast targets (http://www.doratoresources.com/s/Cajamarca.asp). As well, the soil sample grid at the Northeast Target will be extended to the north to close off the multi-element anomaly there. The work program is subject to the Company raising adequate funding.
Due to current market conditions, the Company was unable to raise sufficient funds to cover the title payments on the properties within the Cordillera del Condor, located in northern Peru. The mineral titles have been allowed to expire, as required under Peruvian law.
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The Company continues to review properties of merit in Peru.
Dorato will be holding its Annual General and Special Meeting of shareholders on September 27, 2013. At the meeting, in addition to appointing the directors and auditors, the shareholders will be asked to vote on a resolution to consolidate the Company's share capital on a 20:1 basis, which will help facilitate the Company in raising funds for the exploration program on the Deborah property.
About Dorato Resources Inc.
Dorato Resources Inc. is mineral exploration company focused on the highly prospective Northern Peru copper-gold porphyry-epithermal belt. The Cajamarca Region is an established mining district with excellent infrastructure.
On behalf of the board of directors of Dorato Resources Inc.
Gord Neal, Director
To view the "Cautionary Note Regarding Forward-Looking Statements", please visit the following link: http://media3.marketwire.com/docs/dorato-disclaimer.pdf