Amazon Mining Holding Plc (TSX VENTURE:AMZ) ("Amazon" or the "Company") is
pleased to provide a corporate update outlining some of the milestones targeted
for 2011. The Company is currently developing the Cerrado Verde Potash Project
("Cerrado Verde") and Apatita Phosphate Project ("Apatita").


Amazon has over $17 Million in cash after successfully completing financings
recently announced. The two largest new shareholders are based in Latin America
and both have significant expertise in the region's fertilizer and farming
sectors.


The Company expects to be fully funded up to the plant construction phase and
will target achieving the following key milestones in 2011:


Cerrado Verde Potash Deposit ("Cerrado Verde")

Cerrado Verde has the potential to host billions of tons of potash rock (see NI
43-101 technical report filed with SEDAR on December 13, 2010). The Company will
undertake a wide-spaced drilling campaign aimed at producing a NI 43-101
compliant resource estimate for the whole deposit extension which exceeds the
length of 100km. The target is to complete the drilling campaign by Q3/2011. In
addition, the Company will conduct further drilling to upgrade the current
43-101 compliant resource to measured and indicated level by the end of Q2/2011.


ThermoPotash ("TK"), Sulphate of Potash ("SOP") and Potassium Chloride ("KCl")

TK Scoping Study prepared by SRK Consulting demonstrated strong project
economics (see release dated October 28, 2010). In addition, the processing
route developed at the University of Cambridge ("Cambridge Process') for which
the company has filed patents (see release dated December 2, 2010), has
potential to economically produce conventional potash fertilizers, namely SOP
and KCl, from our extensive potash rock resources. 


The Company will continue to focus on advancing the development of TK. Amazon
expects to register TK with the Ministry of Agriculture in Q3/2011.
Concurrently, Amazon plans to continue studying the viability of the Cambridge
Process of producing conventional potash fertilizer as a possible phase two
development initiative. If successful, the Company plans to issue a scoping
study by Q3/2011.


Apatita Phosphate Project ("Apatita")

Drilling at Apatita has proved the Nau de Guerra and Alto da Serra are two
highly promising prospects. The Company will continue drilling with a view of
producing NI 43-101 compliant resources in Q2/2011. In addition, the Company
will drill another 5 prospects in a trend over 30km long with P2O5 results as
high as 29%. About 95% of Brazil's phosphate production takes place less than
200km from Apatita.


Corporate

Amazon intends to change its name to Verde Potash Plc. The name change will need
to be approved at the Company's next Annual Shareholder's Meeting to take place
Q2/2011. If approved, the name will better reflect the Company's business and
focus.


Cristiano Veloso, President and CEO said: "In 2010, Amazon followed a simple,
but effective plan to realize value for our ThermoPotash project; drilling out
an initial resource, defining a route for production, testing the product's
effectiveness, and presenting the market with third party validated economics.
In 2011, we endeavour to repeat that formula for the Apatita phosphate project
and the ground breaking Cambridge SOP/KCl process, while we continue to advance
our ThermoPotash project towards production."


Other Matters

Amazon has issued 75,078 additional share purchase options to Officers of the
company and 65,723 additional share purchase options to the CEO. Both sets of
options are exercisable at $8.30, expiring January 19th, 2016 and pending TSX
regulatory approval.


About Amazon 

Amazon Mining is a mineral exploration and development company founded by
Brazilians in 2005. The company is focused on the development of the Cerrado
Verde project. Cerrado Verde is a source of a potash rich rock from which Amazon
plans to produce a slow-release, non-chloride, multi-nutrient, fertilizer
product. Amazon Mining is a UK public company with shares listed on the Toronto
Stock Exchange since November 2007.


On behalf of the Board of Directors of Amazon Mining Holding Plc

Jed Richardson, Vice President of Corporate Development

Cautionary Language and Forward Looking Statements

THIS PRESS RELEASE CONTAINS CERTAIN "FORWARD LOOKING STATEMENTS", WHICH INCLUDE
BUT IS NOT LIMITED TO, STATEMENTS WITH RESPECT TO THE FUTURE FINANCIAL OR
OPERATING PERFORMANCE OF THE COMPANY, ITS SUBSIDIARIES AND ITS PROJECTS,
STATEMENTS REGARDING USE OF PROCEEDS, EXPLORATION PROSPECTS, IDENTIFICATION OF
MINERAL RESERVES, COSTS OF AND CAPITAL FOR EXPLORATION PROJECTS, EXPLORATION
EXPENDITURES, TIMING OF FUTURE EXPLORATION AND PERMITTING, REQUIREMENTS FOR
ADDITIONAL CAPITAL, GOVERNMENT REGULATIONS OF MINING OPERATIONS, ENVIRONMENTAL
RISKS, RECLAMATION EXPENSES, TITLE DISPUTES OR CLAIMS, AND LIMITATIONS OF
INSURANCE COVERAGE. FORWARD LOOKING STATEMENTS CAN GENERALLY BE IDENTIFIED BY
THE USE OF WORDS SUCH AS "PLANS", "EXPECTS", OR "DOES NOT EXPECT" OR "IS
EXPECTED", "ANTICIPATES" OR "DOES NOT ANTICIPATE", OR "BELIEVES", "INTENDS",
"FORECASTS", "BUDGET", "SCHEDULED", "ESTIMATES" OR VARIATIONS OF SUCH WORDS OR
PHRASES OR STATE THAT CERTAIN ACTIONS, EVENT, OR RESULTS "MAY", "COULD",
"WOULD", "MIGHT", OR "WILL BE TAKEN", "OCCUR" OR "BE ACHIEVED". FORWARD LOOKING
STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS
WHICH MAY CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY
TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS
EXPRESSED OR IMPLIED BY SAID STATEMENTS. THERE CAN BE NO ASSURANCES THAT
FORWARD-LOOKING STATEMENTS WILL PROVE TO BE ACCURATE, AS ACTUAL RESULTS AND
FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SAID STATEMENTS.
ACCORDINGLY, READERS SHOULD NOT PLACE UNDUE RELIANCE ON FORWARD-LOOKING
STATEMENTS. 


Readers are cautioned not to rely solely on the summary of such information
contained in this release and are directed to the complete set of drill results
posted on Amazon's website (www.amazonplc.com) and filed on SEDAR
(www.sedar.com) and any future amendments to such. Readers are also directed to
the cautionary notices and disclaimers contained herein.
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