Itoco Mining Corporation Hires Geologist Jose Ramon Guerrero Santafe

January 13, 2016

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RENO, Nev.–(BUSINESS WIRE)–Itoco Mining Corporation (ITMC) announces the hiring of Mr. JOSE RAMON GUERRERO SANTAFE as their Chief Geologist. This announcement comes after his completion of an 18 month Emerald deposit research contract with Itoco Mining.

“We are fortunate to have come to terms in the hiring of Jose and are pleased to have him on our team,” said Mr. Michael Paul, President & CEO of Itoco Mining Corporation.

Mr. Guerrero, is a professional geologist with 25 years of experience in the Emerald mining industry of Colombia. He has worked on all stages of Emerald exploration and on through to the exploitation phase, including the design and monitoring of underground tunnels for extraction and processing for several senior companies.

Among his achievements are some of the greatest Emerald finds in Muzo, Chivor and Coscuez – all in the Region of Boyacá. He’s made full topographic and geological surveys of the underground tunnels built by the local miners, all of which are unpublished and confidential.

He has participated in the National Congress of Geology, presenting research papers on geological correlations and made litho-strata graphic, structural and geochemical studies of the two flanks of the Colombian Cordillera.

Mr. Guerrero is a professional geologist who received his MSc from the Universidad Nacional de Colombia in 1986.

About ITOCO MINING CORPORATION

Itoco Mining’s mission is to become a leading supplier of responsibly sourced Class 1 Colombian emeralds, through its mining and marketing channels of single origin emeralds from some of the world’s finest deposits in Muzo, Quipama & Maripi.

Itoco Mining Corporation is listed on the OTC Markets, symbol: ITMC.

www.itocomining.com

Forward-Looking Statements

This release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believes, expects, anticipates, estimates, potential, intends, plans, hopes, or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.

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