ATY Atico Mining Corp

Atico Mining Corporation (TSX VENTURE:ATY) is pleased to announce that it has
exercised the right to extend the Option Agreement on El Roble property in
Colombia until January of 2014. The extension allows the company to complete the
initial exploration program, which has yielded successful results to date, and
to evaluate the El Roble mine operation in anticipation of the decision to
exercise the Option Agreement. 


Atico has an Option Agreement to acquire 90% of Minera El Roble, the company
that owns and operates El Roble mine. The agreement calls for a lump-sum payment
of US$14 million upon exercise, and gives Atico the right to extend it until
January 28th 2014 upon payment of US$1.2 million due January 2013. The option
can be exercised at any time during the extension period.


Fernando E. Ganoza, CEO of Atico, commented, "First six month's results of the
initial drill program at El Roble have been very successful in supporting our
view of the property's potential. Extending the Option Agreement one more year
will allow Atico to complete the ongoing drill campaign while validating the
opportunity to rapidly bring newly discovered resources into production, using
existing mine and mill infrastructure."


El Roble Property 

El Roble property is the site of an operating underground copper and gold mine
with nominal capacity of 400 tonnes per day. Over the past 22 years the mine has
processed 1.5 million tonnes of mineralized material at an average grade of 2.5%
copper and estimated gold grade of 2.5 g/t. Copper and gold mineralization at El
Roble property occurs as volcanogenic massive sulfide ("VMS") lenses.
Exploration over the past two years has defined a productive contact and an
enclosing package of host rocks extending for a distance of 10 kilometers across
the property. This entire strike length is marked by VMS mineralization
occurrence indicators. 


Atico Mining Corporation 

Atico is a growth oriented, copper and gold exploration and development company
focused on mining opportunities in Latin America. The company's primary property
is the El Roble project. The company is selectively pursuing additional
acquisition opportunities. For more information, please visit our website at
www.aticomining.com. 


ON BEHALF OF THE BOARD

Fernando E. Ganoza, CEO

Atico Mining Corporation

No securities regulatory authority has either approved or disapproved of the
contents of this news release. The securities being offered have not been, and
will not be, registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act"), or any state securities laws, and may not
be offered or sold in the United States, or to, or for the account or benefit
of, a "U.S. person" (as defined in Regulation S of the U.S. Securities Act)
unless pursuant to an exemption therefrom. This press release is for information
purposes only and does not constitute an offer to sell or a solicitation of an
offer to buy any securities of the Company in any jurisdiction.


Cautionary Note Regarding Forward Looking Statements

This announcement includes certain "forward-looking statements" within the
meaning of Canadian securities legislation. All statements, other than
statements of historical fact, included herein, without limitation the use of
net proceeds, are forward-looking statements. Forward- looking statements
involve various risks and uncertainties and are based on certain factors and
assumptions. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include
uncertainties relating to interpretation of drill results and the geology,
continuity and grade of mineral deposits; uncertainty of estimates of capital
and operating costs; the need to obtain additional financing to maintain its
interest in and/or explore and develop the Company's mineral projects;
uncertainty of meeting anticipated program milestones for the Company's mineral
projects; and other risks and uncertainties disclosed under the heading "Risk
Factors" in the prospectus of the Company dated March 2, 2012 filed with the
Canadian securities regulatory authorities on the SEDAR website at
www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Atico Mining Corporation
Kim Casswell
Corporate Secretary
+1.604.633.9022
info@aticomining.com
www.aticomining.com

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