Atico Mining Corporation (TSX VENTURE:ATY)(PINKSHEETS:ATCMF) reports that Minera
El Roble (MINER), current operator of the mine, is engaged in its annual
negotiations with the worker's union. As part of this on-going process, the
worker's union has called for a strike. Atico has temporarily halted drilling
within the premises of the mine. The company's employees are not engaged in this
labor disruption and continue to prioritize and prepare drill targets while
conducting fieldwork in other areas of the 6,679 hectare property.


Atico plans to resume underground and surface drilling immediately following the
resumption of mining operations at El Roble mine. Negotiations between MINER and
the union, which represents approximately 60% of the mine's workforce, are
ongoing as both parties work to bring a swift and satisfactory resolution to the
strike. 


Fernando E. Ganoza, CEO of Atico Mining, commented, "We are optimistic that
current negotiations will lead to a satisfactory settlement for both Minera El
Roble and its unionized workers. In the past, these negotiations have lasted
between two and six weeks." 


Fernando E. Ganoza continued, "Our exploration teams are ready to resume
drilling as soon as the negotiation process comes to an end. The district
exploration program continues with geochemistry and geology in three newly
identified drill targets within El Roble property."


The El Roble Property 

The 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 ore at an average grade of 2.5% copper
and an estimated 2.5 g/t gold. Copper and gold mineralization at El Roble 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
that extend 10 kilometers across the property. The entire strike length is
marked by VMS mineralization occurrence indicators.


About 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
Igor Dutina
Investor Relations
+1.604.633.9022
info@aticomining.com
www.aticomining.com

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