Minera IRL Limited: Director's Dealing

LIMA, PERU -- (Marketwired - April 4, 2014) - Minera IRL Limited ("Minera IRL" or the "Company") (TSX:IRL) (AIM:MIRL) (LMA:MIRL), the Latin America gold mining company, was notified on 3 April 2014 that on the same day, Mr Daryl Hodges, a Director of the Company, purchased 120,500 ordinary shares in the Company at a price of C$0.15 per ordinary share.

As a result of the above transaction, Mr Hodges holds 215,000 ordinary shares, representing approximately 0.09 per cent of the issued share capital of the Company.

Minera IRL Limited is a AIM, TSX and BVL listed precious metals mining and exploration company with operations in Latin America. Minera IRL is led by a management team with extensive operating experience in South America. In Peru, the Company operates the Corihuarmi Gold Mine and the advanced Ollachea Gold Project. The Company also has a 51% interest in the Don Nicolas joint venture in Argentina with CIMINAS. For more information, please visit www.minera-irl.com.

The stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in this news release.



FOR FURTHER INFORMATION PLEASE CONTACT:

Minera IRL Limited
Jeremy Link, Business Development
+1 (416) 907 7363 OR

Canaccord Genuity Limited (Nominated Adviser & Broker, London)
Neil Elliot
+44 (0)20 7523 8000 OR

Canaccord Genuity Limited (Nominated Adviser & Broker, London)
Emma Gabriel
+ 44 (0)20 7523 8000 OR

finnCap (Co-broker, London)
Geoff Nash
Corporate Finance
+ 44 (0)20 7600 1658 OR

finnCap (Co-broker, London)
Matthew Robinson, Corporate Finance
+ 44 (0)20 7600 1658 OR

finnCap (Co-broker, London)
Elizabeth Johnson, Corporate Broking
+ 44 (0)20 7600 1658 OR

Buchanan (Financial PR, London)
Bobby Morse
+44 (0)20 7466 5000 OR

Buchanan (Financial PR, London)
Gordon Poole
+44 (0)20 7466 5000 OR

Buchanan (Financial PR, London)
Louise Mason
+44 (0)20 7466 5000