Mr. Edward Kelly reports

INCA ONE CONTINUES STRATEGIC HIRING AT CHALA ONE PLANT IN PERU

Inca One Gold Corp. has hired Emilio Ortiz as mill superintendent for the Chala One gold milling plant in Peru. The Chala plant has recently resumed test milling on its original processing circuit, and is in the final stages of expansion to 100-tonne-per-day capacity.

Mr. Ortiz joins the company's senior operating management team alongside Jaime Polar, a proven and seasoned industry veteran and former Barrick operations general manager (please refer to earlier press release dated Sept. 9, 2014). Mr. Oritz will be overseeing the completion of the Chala plant 100 tpd upgrade and ramp-up of operations.

"The hiring of Emilio Ortiz, to work alongside Jaime Polar, Inca One's vice-president of operations, Peru, completes our senior management team for the Chala One plant," said Edward Kelly, Inca One's president and chief executive officer. "We also have in place a seasoned ore purchasing team with extensive experience in the identification and purchasing of high-grade gold ores in Peru. This provides us with a strong competitive advantage."

With 15 years in the industry, Mr. Ortiz brings a wealth of experience in mill management and operations in Peru. Working for one of the premiere gold mining and processing firms in the world, Mr. Ortiz began his career at Barrick Gold Corp.'s Pierina gold mine in 1999. The Pierina mine and milling operation is a Peruvian open-pit gold mine and associated gold-leaching operation. Since 1999, he has held various positions of increasing responsibility, including lead operator, chief of leach operations, processing chief operating officer, chief of general processing maintenance, general chief of maintenance engineering, chief of general water management, and most recently, manager of processing. Mr. Ortiz and Mr. Polar previously worked in concert at Barrick's Pierina mine. During Mr. Polar's tenure, he oversaw six divisional managers and was responsible for more than 900 staff members. During Mr. Ortiz's most recent assignment as manager of processing at Pierina, he supervised 65 workers, and was responsible for all administrative resources and procedures to assure the attainment of annual production goals, as well as the management of environmental and security measures.

Plant expansion in final stages

Over the coming weeks, Mr. Ortiz will oversee finalization of the Chala plant expansion to 100 tpd capacity, and supervise test milling, staff training, and operations ramp-up.

Test milling in the original processing circuit has resumed (see press release dated Nov. 20, 2014). Installation of the first of the two new 50 tpd ball mills has completed and is going through its start-up and sequencing procedures. The second 50 tpd ball mill is currently being installed with all critical and non-critical components on-site. Inca One continues to project that full commissioning of the expanded plant will be on schedule for completion by the end of Dec. 31, 2014.

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