MNV Mexivada Mining Corp.

Mexivada Mining Corp. (TSX VENTURE:MNV)(OTCBB:MXVDF)(FRANKFURT:M2Q) is pleased
to report discoveries from its core drilling programs in Hislop Township near
the Ross Mine and at its Golden Porcupine properties located just south of
Goldcorp's Dome Mine property. We report the discovery of multiple new gold
intercepts that have fire assay gold assay values in excess of 1 gram per tonne
gold (g/t Au). Most of these are new exploration discoveries in previously
undrilled areas. Thirteen holes have been drilled to date and one hole currently
is in progress at Hislop.


Hislop Properties, Matheson Gold Camp, Ontario: Mexivada has made a new gold
discovery in its first drillhole and is in progress on a second hole in the
"booming" Matheson area in Hislop Township, near the +1,000,000 ounce Ross gold
mine, the Black Fox Mine, Gibson deposit, Contact - 147 Zones of Brigus Gold,
and the Hislop Mine of St. Andrew Goldfields. The new discovery is located just
southwest of where St. Andrew Goldfields recently completed at least 11
drillholes near the Mexivada claims boundary, along a north-trending
magnetic-low anomaly that appears to extend southward into St Andrew ground.
Core from this first hole is being sawed, but a small batch of rush samples
showed an assay in excess of 1 g/t Au in highly favorable looking quartz- fine
pyrite feeder veins.


A second drillhole on the property, which is proceeding to depth, has
intersected multiple zones of mineralization, and a newly-discovered,
quartz-veined syenite intrusive system. Brigus Gold's nearby high-grade
Gibson-Contact-147 gold zones are located in or near syenitic intrusive systems.
Mexivada plans to drill a third hole to the north of hole #2, and will report
further information as the data are compiled and interpreted.


Golden Porcupine Property, Central Timmins Gold Camp, Ontario: Mexivada has
completed a Phase 1, 12-hole core drilling program at its Timmins, Ontario
properties, located near the Dome-Aunor-Delnite mines complex of Goldcorp. Not
all the core has been sawed or sent off for assay. The drilling intercepted
multiple zones of gold mineralization, in the majority of holes drilled, with
local preliminary assay results in excess of 1g/t Au. Nine holes were drilled on
the Golden Porcupine property, with 4 shallow holes testing the Clorinda
shear/vein system, which was found to be up to 20 metres wide and showing gold
assay values at surface and in drillholes of up to 3 g/t Au, a new gold
discovery. Three holes were drilled on the Rypan option property, on the
Jennifer and Clorinda Extension (?) vein systems, where mineralized drill
intercepts also were encountered; no assays have yet been returned.


Core is being sawed, bagged and logged at Mexivada's new, large, office and
work/storage facility in South Porcupine, Ontario by Mexivada's team of
professional geologists and assistants. The present drill program is funded with
flow-through funds in Mexivada's treasury. The work efforts are being supervised
by A. David Heyl, C.P.G., Mexivada's Vice-President of Exploration.


ROC Congo Gold-Diamonds Project Update: Mexivada' optionee partner, Zamarat
Mining Ltd., is working toward the re-starting of exploration activities on the
Malambani gold and diamonds project. Previous work by Zamarat in 2011 delineated
new, high-grade, previously undrilled gold bearing outcrops at Malambani, which
yielded samples containing up to 2 metres of rock grading 19.4 g/t Au.


The Company's President and CEO, Richard R. Redfern, M.Sc. and Certified
Professional Geologist, a 'qualified person' for the purposes on National
Instrument 43-101 Standards of Disclosure for Mineral Properties, has examined
and studied the Dome, Delnite, Pamour and Hislop mines, verified the information
herein, and evaluated the interpretations contained in this news release.


About Mexivada Mining Corp.

Mexivada is a diversified Canadian mineral exploration company focused on
identifying, acquiring, advancing, mining, and joint venturing high-grade
Gold-Silver, Tellurium, Diamond, and Rare Metal exploration projects in Mexico,
Nevada, Canada, and Africa. Mexivada is managed by experienced and successful
board members and advisors. For further information, including area maps,
sections, and photos, please visit our web site at www.mexivada.com or contact
us by e-mail at info@mexivada.com.


ON BEHALF OF THE BOARD OF DIRECTORS

Richard R. Redfern, President

Caution Concerning Forward-Looking Statements

This news release and related texts and images on Mexivada's website contain
certain "forward-looking statements" including, but not limited to, statements
relating to interpretation of mineralization potential, drilling and assay
results, future exploration work, and the anticipated results of this work.
Forward looking statements are statements that are not historical facts and are
subject to a variety of risks and uncertainties which could cause actual events
or results to differ materially from those reflected in the forward-looking
statements, including, without limitation: risks related to fluctuations in
metals and diamond prices; uncertainties related to raising sufficient financing
to fund the planned work in a timely manner and on acceptable terms; changes in
planned work resulting from weather, logistical, technical, governmental,
social, or other factors; the possibility that results of work will not fulfill
expectations and realize the perceived potential of the company's projects;
uncertainties involved in the interpretation of sampling and drilling results
and other tests; the possibility that required permits and access agreements may
not be obtained in a timely manner; risk of accidents, equipment breakdowns or
other unanticipated difficulties or interruptions; the possibility of cost
overruns or unanticipated expenses in these work programs. Forward-looking
statements contained in this release are based on the beliefs, estimates, and
opinions of management on the date the statements are made. There can be no
assurance that such statements will prove accurate. Actual results may differ
materially from those anticipated or projected. Mexivada Mining Corp. undertakes
no obligation to update these forward-looking statements if management's
beliefs, estimates, opinions, or other factors, should change.

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