Mr. Trevor Richardson reports

EUROTIN'S OROPESA CURRENT INFILL DRILL PROGRAM IS COMPLETED AND INITIAL ASSAYS RECEIVED

Eurotin Inc. has provided the following drill results and update on its Oropesa tin project, located in southwestern Spain.

The company has recently completed an infill drilling program consisting of 22 holes, totalling 4,097 metres. Since 2010, 47,436.7 metres of drilling comprising 221 diamond drill holes and 16 RC (reverse circulation) holes have been completed at Oropesa.

The drilling continues to intersect zones containing tin mineralization. The most recent assay results received are shown in the table. Six holes from the current drill program are still being assayed.

                                         Tin
                From       To   Width  grade
Hole No.          (m)      (m)     (m)    (%)

ORPD 171          No significant results
ORPD 172        81.00   82.70    1.70  0.60%
               107.10  110.80    3.70  0.55%
ORPD 173        81.80   84.10    2.30  0.53%
               118.60  123.10    4.50  2.56%
ORPD 174       133.70  148.20   14.50  0.25%
                170.5   178.2    7.70  0.56%
ORPD 175         63.1    68.7    5.60  0.87%
                  137   141.6    4.60  0.55%
ORPD 176          No significant results
                      Abandoned hole
ORPD 176 BIS    100.1  213.70  113.60  0.30%
Inc.            200.9  212.00   11.10  0.55%
ORPD 177           85    87.6    2.60  0.93%
                103.6   109.9    6.30  0.60%
ORPD 178         23.3    27.6    4.30  1.13%
                54.35   78.35   24.00  0.31%
                 93.7  100.75    7.05  0.26%
                  123  127.25    4.25  0.84%
ORPD 179          No significant results
                      Abandoned hole
ORPD 180       183.35   192.5    9.15  0.48%
ORPD 181        141.9   150.7    8.80  0.26%
                201.3   222.5   21.20  0.87%
ORPD 182        65.55    67.6    2.05  0.37%
ORPD 186           91    98.3    7.30  2.16%
                110.3   114.9    4.60  1.48%
ORPD 187          No significant results
ORPD 189          No significant results

Trevor Richardson, president and chief executive officer of Eurotin, comments: "We are pleased to have completed the infill drilling program, which continues to enhance our understanding of the mineralization of the Oropesa tin project. The next stage will be to complete a scoping study which will include a new resource estimate at Oropesa. This infill drilling program has increased our understanding of the style and type of mineralization."

Assay and quality assurance/quality control methodology for Oropesa drill core

All core produced is taken daily from each drill site to the company's secure facility in Fuente Obejuna, where it is logged by the company's geologists. This process takes place under the supervision of qualified person Trevor Richardson, PrSciNat. The core, usually of around one-metre length, which is chosen by the company's geologists for assaying, is then cut in half either at the company's own facilities at Fuente Obejuna or at ALS Chemex's sample preparation facility in Seville in southern Spain. At the ALS Chemex facility, the cut core is logged into the in-house LIMS tracking system, after which each sample is prepared using procedure code Prep 31. This procedure involves the drying, weighing and fine crushing to 70 per cent passing minus two millimetres. A 250-gram split of the crushed material is then pulverized to greater than 85 per cent passing 75 microns. Samples are then shipped by bonded courier to Vancouver for analysis.

In Vancouver, ALS Chemex procedure ME-XRF10 is used for tin analysis and ME-ICP61 for multielement (33) analysis. The ME-XRF10 procedure uses 0.9 g of calcined sample pulp, which is mixed with 4.5 g of lithium tetraborate and 4.5 g of lithium metaborate. This mixture is then fused at 1,100 C to produce a flat molten disc, which is subsequently analyzed by XRF spectrometry. ALS Chemex analyzes its own standard samples and blanks, plus duplicates, within each set of samples provided by the company. The company has recently introduced its own blanks and standards as a further means of checking the accuracy of the assay results. One in every 15 samples analyzed by ALS Chemex is then sent to SGS's laboratories in Cornwall, United Kingdom, for check assaying for tin. The company keeps all its sample pulps and rejects in locked steel containers at its secure storage facility in Fuente Obejuna. The company recently completed a new check assay program using five certified laboratories. The pulp sample composites used had varying tin grades; the accuracy of the results obtained was within acceptable parameters. Trevor Richardson, CEO and a qualified person pursuant to NI 43-101, has reviewed and approved the technical information in this news release on behalf of the company.

We seek Safe Harbor.