Mr. Edward Kelly reports

INCA ONE RECOVERS AN ADDITIONAL 1,187.52 OUNCES OF GOLD AND 942.61 OUNCES OF SILVER FROM INITIAL START UP OPERATIONS AT CHALA ONE

Since Inca One Gold Corp.'s press release of Jan. 19, 2015, its wholly owned subsidiary, Chala One SAC, has recovered an additional 1,187.52 ounces (36,936.07 grams) of gold and 942.61 ounces (29,318.43 grams) of silver from 1,140 tonnes of material in connection with operations undertaken from Jan. 8, 2015, through Feb. 18, 2015. These operations include the resumed test milling on the original milling circuit as well as the initial start-up operations at the company's new milling circuit at the Chala One plant. The Chala One plant is in the final stages of start-up operations to commission the circuit to the expanded production rate of 100 tonnes per day.

Combining the amounts recovered as announced on Jan. 19, 2015, with those announced today shows a total of 1,893 tonnes of material processed and 1,708.49 ounces of gold and 1,500.19 ounces of silver recovered, or an average of 0.90 ounce of gold per tonne recovered since Dec. 3, 2014. The company continues to look for and acquire gold ore of one ounce per tonne gold or higher as feed for the Chala One mill.

Average daily throughput has now reached a level of 60 tpd. The company has continued its methodical start-up activities to assure effective circuit testing, paying attention to all parameters that relate to maintaining good levels of recovery and low unit costs.

"We are pleased to report exciting gold and silver production, as well as the solid performance of our mill facilities and our personnel, during the start-up phase of our operations," said Edward Kelly, president and chief executive officer. "We expect to continue in this way to achieve full commercial production on schedule, keeping in mind efficiency in recoveries and costs, while we also continue to increase the quality and grade of our ore supply. We look forward to a very successful year at Chala One."

We seek Safe Harbor.