MZO

Mazorro Resources Inc. ("Mazorro" or the "Company") (TSX
VENTURE:MZO)(FRANKFURT:JAM) is pleased to announce that it has entered into an
asset purchase agreement (the "Agreement") for the acquisition of a 100%
interest in a total of 81 claims covering approximately 4,300 hectares in the
Monster Lake area, in northwestern Quebec. 


The Monster Lake area is located in northwestern Quebec, approximately 44
kilometres southwest of the town of Chibougamau. The property is easily
accessible by road and a high-voltage power line crosses the area nearby. The
claims acquired comprise two blocks: one block comprising 40 claims is located
immediately to the west and contiguous to TomaGold Corp.'s Monster Lake property
and the second block comprising 41 claims is located to the southeast of
TomaGold's property and adjoins various other land holdings in the area.


Since 1984, over 40,000 metres of diamond drilling has been completed by various
operators along the over four-kilometre mineralized corridor at the Monster Lake
area. In the winter of 2012, TomaGold drilled 16 holes for a total of 2,420
metres on the Annie zone, which resulted in a major discovery of 237.6 grams per
tonne of gold over 5.7 metres in hole M-12-60. In 2013, TomaGold drilled 12
holes totalling 5,000 metres on zone 325. All the holes intersected the
gold-bearing structure, and seven of the 12 holes returned values of over 10
grams per tonne of gold (see TomaGold's website at www.tomagoldcorp.com).
TomaGold recently announced a significant option agreement with Iamgold Corp.
valued at over $17.5 million whereby Iamgold can earn a 50% interest in
TomaGold's Monster Lake and other properties (see TomaGold press release dated
November 12, 2013).


"With this acquisition, Mazorro has secured two strategically located claim
blocks within the emerging Monster Lake gold camp. Mazorro looks forward to
evaluating the significant exploration potential for gold at these new
properties," stated Andre Audet, President and CEO of Mazorro. 


The Agreement 

Under the terms of the Agreement, the Company will acquire a 100% interest in 81
claims by paying the vendor, Synergy Acquisition Corp. (CNSX:QMP), an
arm's-length party to Mazorro, a total of $50,000 in cash and issuing a total of
4,000,000 common shares and 1,000,000 warrants of the Company (the "Purchase
Price"). Initial consideration payable includes $25,000 cash, 1,500,000 common
shares and 1,000,000 warrants. Each warrant is exercisable at a price of $0.10
per share for a period of two years following the date of issuance, which will
occur shortly after the receipt of the required regulatory approvals. The
balance of the Purchase Price is payable as follows: $25,000 cash and 1,500,000
common shares upon the receipt of a National Instrument 43-101 compliant
technical report on the property with a final payment of 1,000,000 common shares
payable 12 months following the execution of the Agreement.


A 2% net smelter royalty ("NSR") is granted to the vendor with the Company
having the right to purchase one-half (1.0%) of the NSR at any time by paying
the vendor $250,000. The securities to be issued by the Company pursuant to the
agreement will be subject to a four month hold period from their date of
issuance. The Agreement and the transactions contemplated therein are subject to
TSX Venture Exchange acceptance.


Mr. Leo Cote, P. Eng., a director of Mazorro is acting as the Company's
qualified person as defined by National Instrument 43-101 and has reviewed this
press release.


About Mazorro 

Mazorro Resources Inc. is a TSX Venture Exchange listed, Canadian based,
precious metals exploration company that is active in creating value through
exploration and development of gold projects in Quebec, Excluding any common
shares to be issued in connection with this acquisition, Mazorro currently has
52,514,773 common shares outstanding.


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. 


Some statements in this release may contain forward-looking information. All
statements, other than of historical fact, that address activities, events or
developments that the Company believes, expects or anticipates will or may occur
in the future (including, without limitation, statements regarding potential
mineralization) are forward-looking statements. Forward-looking statements are
generally identifiable by use of the words "may", "will", "should", "continue",
"expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or
the negative of these words or other variations on these words or comparable
terminology. Forward-looking statements are subject to a number of risks and
uncertainties, many of which are beyond the Company's ability to control or
predict, that may cause the actual results of the Company to differ materially
from those discussed in the forward-looking statements. Factors that could cause
actual results or events to differ materially from current expectations include,
among other things, without limitation, failure to establish estimated mineral
resources, the possibility that future exploration results will not be
consistent with the Company's expectations, changes in world gold markets or
markets for other commodities, and other risks disclosed in the Company's public
disclosure record on file with the relevant securities regulatory authorities.
Any forward-looking statement speaks only as of the date on which it is made and
except as may be required by applicable securities laws, the Company disclaims
any intent or obligation to update any forward-looking statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mazorro Resources Inc.
Andre Audet
Interim President & CEO
(613) 241-2332

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