VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/13/12 — Mariana Resources Ltd. (TSX: MRY)(AIM: MARL) –
To: The Applicable Securities Commissions
In accordance with section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations, this report briefly describes the matters voted upon and the outcome of the votes at the annual general meeting of shareholders (the „Meeting“) of Mariana Resources Limited (the „Company“) held on 13 June 2012.
By unanimous vote on a poll the Report of Directors and the Financial Statements for the year ended 31 December 2011 were adopted.
By unanimous vote on a poll Mr Christopher Mitchell was re-elected as a director until such time as he is required to submit for re-election in accordance with the Articles of Incorporation of the Company.
By majority vote on a poll Mr John R. Horsburgh was re-elected as a director until such time as he is required to submit for re-election in accordance with the Articles of Incorporation of the Company. Votes on the poll were: For 95% Against 5%.
By majority vote on a poll the aggregate annual fees for non-executive directors was set at GBP 150,000 annually, to be distributed among them as the Board sees fit. Votes on the poll were: For 95% Against 5%.
By unanimous vote on a poll Grant Thornton Limited was appointed as auditor of the Company, at a remuneration to be determined by the directors.
Shareholders were asked to pass a special resolution to delete Article 49.5 of the Articles of Articles of Incorporation and renumber subsequent paragraphs of Article 49 accordingly. The special resolution was adopted unanimously on a poll.
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About Mariana Resources
Mariana Resources Ltd is an AIM and TSX quoted exploration and development company with an extensive portfolio of gold, silver and copper projects in Argentina and Chile. In southern Argentina, the Company-s core gold-silver projects are Las Calandrias (100%), Sierra Blanca (100%), Los Amigos JV (49%) and Aguila-Picadero (100%). These projects are part of a 200,000+ Ha land package in the Deseado Massif epithermal gold-silver district in mining-friendly Santa Cruz Province. In Chile, Mariana has a joint venture with US based international mining and natural resources company Cliffs Natural Resources Inc., to explore for iron oxide-copper-gold deposits in a 92,000 km2 area in north-central Chile along the highly prospective Atacama Fault Zone. Mariana is also evaluating a number of gold-silver and copper-gold opportunities away from the Cliffs JV area.
On 19 December 2011, Mariana announced that AngloGold had completed a strategic placement whereby AngloGold was issued 45,000,000 shares in Mariana at a price of 12 pence per share. AngloGold has the right to maintain its equity of 19.9% in Mariana in further issues by Mariana.
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Contacts: In Australia: Mariana Resources Ltd John Horsburgh Chairman +61 2 94374588
Mariana Resources Ltd Glen Parsons CFO +61 2 94374588
RFC Ambrian Limited (Nomad) Rob Adamson +61 2 9250 0041
RFC Ambrian Limited (Nomad) Will Souter +61 2 9250 0050
In U.K.: Fox Davies Capital (Co UK Broker) Jonathan Evans +44 20 3463 5000
St Brides Media and Finance Ltd (PR) Felicity Edwards +44 20 7236 1177
RFC Ambrian Limited (Co UK Broker) Klara Kaczmarek +44 20 7634 4725
In Canada: Mariana Resources Ltd (Vancouver Office) Kathryn Witter +1 604 669 9336
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