HIM Himalayan Capital Corp

Himalayan Capital Corp. ("Himalayan" or the "Company") (TSX VENTURE:HIM) is
pleased to announce that the first phase of its drilling program has commenced
at the Company's La Higuera Copper-Gold project in Chile. The Company has
accelerated the drill program that was recommended in the Company's National
Instrument 43-101 technical report with respect to the La Higuera Property
(which is available on SEDAR under the Company's profile at www.sedar.com) and
now includes 2,000 metres of diamond drilling and 2,000 metres of reverse
circulation ("RC") drilling planned in 8 holes from 5 drill platforms (see map).
The RC holes are planned to test the extension of mineralization beneath the
small open-pit copper workings in the San Antonio zone shown on the Google
image. These holes will also test the coincident magnetic and chargeability
anomalies associated with the workings in this area.


The diamond drill holes are planned mainly to test the most intense part of the
chargeability anomaly along strike to the northwest of the San Antonio zone,
together with the adjacent and overlapping magnetic anomaly.


Stated David O'Connor, President and Chief Executive Officer of the Company: "We
are very excited to start drilling at La Higuera and we anticipate learning a
lot about this previously undrilled copper-gold mineralized system in the coming
months."


About Himalayan Capital Corp.

Himalayan Capital Corp. is a mineral exploration company with the rights,
through its wholly owned subsidiary Minera Azul Ventures Limitada, to acquire a
100% interest in a prospective copper-gold property in La Higuera, Chile (the
"La Higuera Property"). The La Higuera Property, which is located approximately
600 kilometres north of Santiago, was assembled as a result of the first-time
consolidation of mining rights in a historical copper-gold mining center and is
located in a prolific I.O.C.G. belt surrounded by excellent infrastructure in a
mining friendly jurisdiction.


The La Higuera Property covers a historic copper mining district with mining
activity dating back to at least the late 18th century; however, there has been
no known modern exploration conducted on the property. Since the consolidation
of the mining rights in June 2011, Minera Azul has initiated a rock sampling
program and completed geophysical work which has generated intense magnetic and
chargeability anomalies coincident with existing copper workings.


Cautionary Statements

Information set forth in this news release may involve forward-looking
statements under applicable securities laws. Forward-looking statements are
statements that relate to future, not past, events. In this context,
forward-looking statements often address expected future business and financial
performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may",
"might", "could", "should", or "will" be taken or occur, or other similar
expressions. All statements, other than statements of historical fact, are
forward-looking statements. By their nature, forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause our
actual results, performance or achievements, or other future events, to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors include,
among others, the following risks: the need for additional financing;
operational risks associated with mineral exploration; market conditions;
fluctuations in commodity prices; title matters; environmental liability claims
and insurance; reliance on key personnel; the potential for conflicts of
interest among certain officers, directors or promoters with certain other
projects; the absence of dividends; competition; dilution; the volatility of our
common share price and volume and the additional risks identified in the "Risk
Factors" section of the Company's Filing Statement or other reports and filings
with the TSX Venture Exchange and applicable Canadian securities regulations.
Forward-looking statements are made based on management's beliefs, estimates and
opinions on the date that statements are made and Himalayan undertakes no
obligation to update forward-looking statements if these beliefs, estimates and
opinions or other circumstances should change, except as required by applicable
securities laws. Investors are cautioned against attributing undue certainty to
forward-looking statements.


To view the map associated with this press release, please visit the following
link: http://media3.marketwire.com/docs/HimalayanMap1.pdf

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