Mr. Ramiro Massa reports

MINSUD PROVIDES UPDATE ON LA ROSITA PROJECT

Minera Sud Argentina S.A. (MSA), Minsud Resources Corp.'s indirect Argentinian subsidiary, through Minsud Argentina Inc. (MAI) has signed an agreement to transfer MSA's ownership of the early stage La Rosita gold and silver project comprising 6,000 hectares in Santa Cruz province, Argentina, to an arm's-length acquirer. In exchange for the transfer, which is expected to be completed within 30 days, MAI will receive a 2.5-per-cent net smelter royalty on the La Rosita project. The acquirer has the option to acquire 50 per cent of the royalty for $1.5-million (U.S.). The transfer of the La Rosita project is being made in preparation for South32 Aluminium (Holdings) Pty. Ltd.'s upcoming acquisition of a 50.1-per-cent ownership interest in MSA. No significant exploration or investment has been made by the company on the La Rosita project as its primary focus has been the Chita Valley project, which it continues to avidly pursue with its partner South32.

About the Chita Valley project, San Juan province

The Chita Valley project is a large exploration stage porphyry system with classic alteration features, widespread porphyry style Cu-Mo-Au (copper-molybdenum-gold) and polymetallic Ag-Pb-Zn (silver-lead-zinc) mineralization hosted by hydrothermal phreatic breccias and associated gold and silver-bearing polymetallic veins of intermediate sulphide composition that conformed an outcropping porphyry system at Chita and a lithocap of a porphyry system at Chinchillones. San Juan province of Argentina has a robust mining sector and recognizes the important economic benefits of responsible development of its substantial mineral resource endowment.

About Minsud Resources Corp.

Minsud is a mineral exploration company focused on exploring its flagship Chita Valley Cu-Mo-Au-Ag-Pb-Zn project, in the province of San Juan, Argentina. The company's shares are listed on the TSX-V under the trading symbol MSR, and on the OTCQX under the symbol MDSQF.

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