Rio Cristal Resources Corporation (TSX VENTURE:RCZ)(BVL:RCZ) ("Rio Cristal" or
the "Company") is pleased to provide a corporate progress report including
activities at its exploration projects.


Thomas Findley, President & CEO, said, "2011 is an important year for Rio
Cristal and we have been active on several fronts to move our projects forward,
to add additional projects to our portfolio and to identify a partner with the
financial resources to develop our Bongara zinc property."


Bongara Zinc Project

Rio Cristal's flagship property is the 18,000 hectare Bongara zinc concessions
in Amazonas, Peru. In August, the Company completed a 3,077 meter drill campaign
at the Cristal zinc oxide project with good results. This drilling is in
addition to 4,229 meters drilled in 2008. The Company will now analyze the
complete package of results to determine if there is sufficient data to
calculate an economic resource or if additional drilling is necessary.


Highlights of Zinc Oxide Intercepts at Cristal 2011 (see note (1))



--  Drill hole CR63-11 - 12.4 meters of 23.7% zinc 
--  Drill hole CR74-11 - 11.4 meters of 14.5% zinc 
--  Drill hole CR77-11 - 7.0 meters of 11.3% zinc 
--  Drill hole CR60-11 - 12.5 meters of 10.5% zinc 
--  Drill hole CR72-11 - 11.4 meters of 9.5% zinc 



At the Florida project in the southern end of Rio Cristal's concessions, the
Company had anticipated drilling in the third quarter of 2011. However,
negotiations with the community of Shipasbamba have taken longer than expected
and it is likely that drilling will be postponed until 2012. At the Company's
San Jose project in the southeastern part of its Bongara concessions, an
agreement has been reached with the Yambrasbamba community and the Company
expects to begin drilling in October following the completion of surface
exploration and geochemical analysis currently underway. 


Both the Florida and the San Jose programs have excellent potential to identify
zinc sulfide deposits similar to the adjacent Votorantim Florida Canyon
Mississippi Valley Type ore bodies currently under development on Bongara's
southern border. Votorantim Metais continues to aggressively develop those zinc
sulfide deposits which trend directly beneath unexplored targets on the
Company's concessions (see Solitario Exploration & Royalty Corp. news release
dated 12/21/10). 


La Cumbre Copper Project

On November 12, 2010, the Company signed an option agreement on the La Cumbre
copper exploration project. Rio Cristal's preliminary review of La Cumbre
indicates evidence of potential zones of bulk-mineable copper oxide
mineralization grading in excess of 2% copper. Extensive recent underground
workings indicate a possible copper oxide resource at surface which could be
rapidly quantified with potential for mineralization extensions. Additionally
there is potential for copper sulfide mineralization in a very prospective belt
including the Minas Justa ore deposit currently under development hosting iron
oxide copper-gold deposits.


The Company filed its permit application with the Peruvian Ministry of Energy
and Mines ("MEM") in May and received a short list of questions which it
answered within one week. Following a delay of almost two months during an
election period, the Company received a second list of questions to which a
response has been submitted. The Company is now awaiting issuance of the permit
so that it may begin a 3,000 meter drilling program at La Cumbre which should
last no longer than two months to evaluate the near surface copper as well as
test for extensions at depth where the mineralization remains open.


Other Developments

Rio Cristal maintains an active program of seeking new projects in Peru,
principally zinc, copper and gold. A number of projects are under review and the
Company is confident that it will increase its portfolio of projects in the
coming months.


Rio Cristal's strategy has always been to identify a partner for its exploration
projects. In April it signed an agreement with SinoLatin Capital to act as its
financial adviser in China. China is the world's largest consumer of zinc and
the Company believes that the coming shortage of zinc will create even greater
Chinese interest in the acquisition of zinc assets abroad. In July, Mr. Eric
Bethel, Managing Director of SinoLatin Capital, was named a Director of the
Company.




1.  All intercepts are down-hole lengths and true widths have not been
    calculated. A geological map identifying drill-hole locations, cross
    sections and a table of results are available at the Map Room at
    www.riocristalresources.com. 
     
    The Company maintains a strict quality control program in preparing and
    shipping all samples from the Cristal project. Standards, blanks and
    duplicates are inserted in the field. Final samples are bagged, coded,
    and sealed by Company geologists and transported to the BSE Inspectorate
    laboratory facilities in Lima, Peru. BSE Inspectorate is an ISO
    9001:2008-certified laboratory (#39041). Samples are assayed using the
    FAAA method (Fire Assay with Atomic absorption finish). The QA/QC
    program for each sampling batch includes geochemical standards insertion
    every 10th sample, blank samples insertion every 20th sample and field
    duplicate insertion every 30th sample. Pulps and rejects of high grade
    samples will be re-assayed at ALS Chemex Laboratory facilities in Lima
    applying the same sample preparation procedure as that used by BSE
    Inspectorate. 
     
    As required by the National Instrument 43-101, Rio Cristal Resource's
    designated Qualified Person is John Brophy, who has verified the
    technical information reported for the Cristal project in this news
    release. 



About Rio Cristal Resources Corporation 

Rio Cristal Resources is a Canadian corporation focused on the discovery and
further development of zinc, copper and gold deposits in Peru. The Company's
shares are listed on the Toronto Stock Exchange, Venture Segment and the Bolsa
de Valores de Lima (Lima Stock Exchange).


Information about Rio Cristal Resources Corporation can also be found on the
Company's website, www.riocristalresources.com.


This news release includes certain "forward-looking statements" under applicable
Canadian securities legislation. All statements other than statements of
historical fact included in this release, including, without limitation,
statements regarding potential exploration results, future plans and objectives
of the Company are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future results, events and objectives could
differ materially from those anticipated in such statements. Important factors
that could cause actual results to differ materially from Rio Cristal's
expectations include exploration and other risks detailed from time to time in
the filings made by the Company with securities regulators. 


This news release does not constitute an offer to sell or solicitation of an
offer to sell any securities in the United States. The securities 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 within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.


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