Ginguro Exploration Inc. (TSX VENTURE:GEG) ("Ginguro") is pleased to provide an
update on recent corporate and Pardo project activities.


Over the course of the past winter, the Company has undertaken a comprehensive
geotechnical program of drill core review, drawing from its extensive archive of
drill core from the Pardo Project of more than 340 individual drill holes.


Under the supervision of Dr. Lawrence Minter, the preeminent authority on
paleo-placer gold deposits, a very systematic re-logging of selected Pardo
intersections has been ongoing. As part of this process, the ancient surfaces
upon which gold was deposited are being correlated to each other. This is being
done in order to define key sedimentological relationships that identify
prospective areas and trends where higher grade gold can be expected.


The Company has also identified numerous areas where gold mineralization occurs
at surface under shallow overburden. Trenching and shallow drilling in 2012 was
successful in locating large areas of surface gold mineralization. Most notably,
Ginguro recently discovered the Silver Lake Trend, a flat-lying high grade gold
zone at surface (see press release dated November 13, 2012). This work of
identifying areas for stripping is planned to continue into 2013, with at least
six zones (within three priority areas) already identified for stripping this
year. These three priority areas are highlighted on a map on the Company website
at www.ginguro.com/projects_pardo.html. 


In mid-February of 2013, the Company was successful in acquiring two important
claims totalling approximately 448 hectares and extending for over 3 kilometers
along the Pardo gold trend, to the north of the existing claims. A strong gold
in-soil anomaly is known to occur on the most northerly of the new claims. Work
on these claims is also being planned for the upcoming field season. 


The Company is very pleased to announce the appointment of Alan King to its
Advisory Board. Mr. King is a geophysicist who most recently served as the Chief
Geophysicist for Vale's global exploration operations. Alan holds a B.Sc. in
geology from the University of Toronto and an M.Sc. in geophysics from Macquarie
University. He has worked as a geophysicist in exploration and resource
development globally, including in Canada, Australia, and Brazil, since 1976. He
has been involved in the application of geophysics in mining, oil sands
development and environmental applications for a variety of commodities. Mr.
King currently acts as a geophysical consultant through Geoscience North.


About Ginguro 

Ginguro Exploration Inc. is a mineral exploration company focused on the
advancement of its Pardo paleo-placer gold property, located in Pardo Township
in northern Ontario. To learn more about Ginguro Exploration Inc., please visit:
www.ginguro.com.


The Qualified Person responsible for the geological technical content of this
news release is Richard Murphy, P.Geo, President and CEO of Ginguro Exploration
Inc.


Statements in this release that are forward-looking statements are subject to
various risks and uncertainties concerning the specific factors disclosed under
the heading "Risk Factors" in the Company's filings with Canadian securities
regulators. Such information contained herein represents management's best
judgment as of the date hereof based on information currently available. The
Company does not assume any obligation to update any forward-looking statements,
save and except as may be required by applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Ginguro Exploration Inc.
Richard Murphy
President and CEO
(705) 222-8800
info@ginguro.com

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