Quri Resources Inc. Acquires La Conquista

QUITO, ECUADOR, Jun 29 (MARKET WIRE) --
Quri Resources, Inc. (PINKSHEETS: QURI) is pleased to announce that it
has acquired the Conquista project in South America.

Quri Resources, Inc. announces today that it has acquired 100% interest in
the Conquista Gold mines, (990 hectares). This property is located 150
kilometers northwest of Quito. Conquista has 2 working mines, the Santa
Teresa and Palanzuro. Free gold can be observed and concentrations of up
to 10 grams per ton are present. Past production in addition to continued
sampling have shown probable gold deposits exceeding management's original
expectations. It is the intention of the company to begin production
within 3 months.

Eduardo Munoz, VP of Quri Resources, Inc. stated, "We have been on site
for 5 months studying the property, today our plans materialized. It
gives me great pleasure to see the company moving towards growth and
success. We are slowly transforming from a junior exploration company to
a gold producing company. Ecuador is moving closer to becoming one of the
important mining sectors in the Americas and we want to grow along with
the country. Kinross just finished its acquisition of Aurelian; Dynasty
Minerals, Corriente, Nortec Ventures, International Minerals Corp, just
to name a few are among some of the majors also positioned in Ecuador, we
are amongst good company. Everyone should expect to hear more exciting
news in the near future." Mr. Munoz also stated, "We should be able to go
into production with La Conquista in the next 3 months starting
production at approximately 4kilos of gold per month and at today's gold
prices we are looking at a revenue stream of $100,000 per month. We
should be able to increase our production to 10kilos of gold per month 6
months after we begin operations, bringing our revenues up over $280,000
per month. This would certainly enhance our cash position allowing us to
continue our intensive exploration of the area. Needless to say, we're
ecstatic with the course we've taken today."

For more information contact info@quriresources.net

Quri Resources is a U.S.-based junior mining company committed to the
exploration, discovery and development of gold, silver, copper and other
mineral resources. Quri Resources, Inc. holds mining rights and mineral
concessions throughout Ecuador. These concessions are in different stages
of exploration and development.

Founded by professionals with unmatched expertise in the mining industry
in South America and North America, we are working for a better future
for our customers, neighbors, and shareholders. We are committed to
exploring responsibly, maintaining environmentally friendly policies
while impacting the local economy in an exponentially positive manner
that will allow our shareholders to take pride in their investment.

For more information about us, please visit our web site
www.quriresources.net

Some of the statements contained herein may be forward-looking statements
which involve known and unknown risks and uncertainties. Without
limitation, statements regarding potential mineralization and resources,
exploration results, and future plans and objectives of the Company are
forward looking statements that involve various degrees of risk. The
following are important factors that could cause the Company's actual
results to differ materially from those expressed or implied by such
forward looking statements: changes in the world wide price of mineral
commodities, general market conditions, risks inherent in mineral
exploration, risks associated with development, construction and mining
operations, the uncertainty of future profitability and the uncertainty of
access to additional capital.

Contact:
Eduardo Munoz
Email Contact
305-755-7482

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