Orefinders Amends Mirado Project Update

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 12, 2015) - Orefinders Resources Inc. ("Orefinders" or the "Company") (TSX VENTURE:ORX) reports that the disclosure concerning the in-situ value and cost of production for the inferred resource of stockpiled mineralization should be disregarded as NI 43-101 regulation Part 2.3(c) states that "an issuer must not disclose the gross value of metal or mineral in a deposit… "

The Company also wishes to clarify that it is not intending to prepare an "in-house preliminary economic assessment." Orefinders will remain focused in 2015 on moving the Mirado project forward, and continue to evaluate properties using their very experienced management team.

The technical information provided in this news release has been reviewed and approved by William Yeomans, P.Geo, President and CEO for Orefinders, who is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects."

William Yeomans, P. Geo, President

Neither TSX Venture Exchange nor its Regulations 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.