Atico Announces New Appointment to the Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 16, 2014) - Atico Mining Corporation (the "Company" or "Atico") (TSX-VENTURE:ATY)(PINKSHEETS:ATCMF) is pleased to announce the appointment of Mr. Luis F. Sáenz to the Board of Directors of the Company.

Mr. Sáenz is a finance executive with over 20 years' experience in mining finance and metals trading with a focus on Latin America. Mr. Sáenz is currently the CEO of Li3 Energy Inc. in Chile and serves as an advisor to Faro Capital in Peru for all mining transactions. Throughout his career, Mr. Sáenz has held senior rolls with Standard Bank of South Africa, Merrill Lynch and Pechiney World Trade. He holds a degree in Economics and International Affairs from Franklin & Marshall College in Lancaster, PA.

The Company also announces the resignation of Mr. David Miles from the Board. The board would like to thank Mr. Miles for his contributions to growth and development of Atico as it transitioned into a producer.

About Atico Mining Corporation

Atico is a growth-oriented company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company operates the El Roble mine and is pursuing additional acquisition opportunities. For more information, please visit www.aticomining.com.

ON BEHALF OF THE BOARD

Fernando E. Ganoza, CEO, Atico Mining Corporation

Trading symbols: (TSX-VENTURE:ATY)(PINKSHEETS:ATCMF)

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold in the United States, or to, or for the account or benefit of, a "U.S. person" (as defined in Regulation S of the U.S. Securities Act) unless pursuant to an exemption therefrom. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.

Cautionary Note Regarding Forward Looking Statements

This announcement includes certain "forward-looking statements" within the meaning of Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation the use of net proceeds, are forward-looking statements. Forward- looking statements involve various risks and uncertainties and are based on certain factors and assumptions. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs; the need to obtain additional financing to maintain its interest in and/or explore and develop the Company's mineral projects; uncertainty of meeting anticipated program milestones for the Company's mineral projects; and other risks and uncertainties disclosed under the heading "Risk Factors" in the prospectus of the Company dated March 2, 2012 filed with the Canadian securities regulatory authorities on the SEDAR website at www.sedar.com.

Atico Mining CorporationIgor DutinaInvestor Relations+1.604.633.9022www.aticomining.com

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