Dorato Expands Anomalous Gold Zone at Lucero Discovery, Condor Gold-Copper Belt, NW Peru Soil Geochemistry Grades Up To 9.7 g/t Gold

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/05/10 -- Dorato Resources Inc. ('Dorato' or the 'Company') (TSX VENTURE: DRI)(OTCQX: DRIFF)(PINK SHEETS: DRIFF)(FRANKFURT: DO5) is pleased to announce the receipt of gold-in-soil and rock assay results received from Minera Afrodita relating to the high priority Lucero discovery located in the Condor Gold-Copper Belt of north-western Peru (previous News Releases NR09-13 and NR09-17). Preliminary ridge and trail soil sampling has returned highly anomalous results from 225 soil samples, ranging from below detection to 9.7 g/t gold in soil, with coincident copper, zinc and silver anomalies. Dorato has a right to acquire 100% of Minera Afrodita. The Lucero Target (to view Figure 1, click on link: http://media3.marketwire.com/docs/fig1dri85.jpg) is located approximately 5 km from the flagship Taricori Gold Zone.

Lucero Results in Detail

Soil ridge and trail sampling results for gold and copper are presented on Figures 2 and 3 (to view Figures, click on link: http://media3.marketwire.com/docs/fig2and3.pdf) with background images showing mapped geology and electromagnetic conductivity respectively. Results have been received for 225 soil samples to date.

Highest-grade gold and copper anomalies are clustered and broadly coincident with a magnetic anomaly (Figure 1) and the southern portion of the electromagnetic (EM) anomaly (Figure 3). Geochemical anomalies are related to mineralized and intensely altered sandstone and adjacent intrusive bodies, and are thus believed to be intrusion-related. Most of the anomalous mineralization thus far is located north of an interpreted fault (Figure 1) This interpretation is supported by a continuous series of samples taken over approximately 500-metres strike length, which grade greater than 0.5 g/t gold. These levels of gold-in-soil are exceptionally high, being measured in grams per tonne (g/t) rather than parts per billion as is normally the case. Copper anomalies are broadly coincident with gold anomalies with a large proportion of samples assaying greater than 1,000 ppm (greater than 0.1% copper).

Initial prospecting (News Release NR09-17) revealed gold and copper anomalies from rock sampling in the area. In particular, 10 adjacent rock samples from 30 metres of continuous surface sampling contained grades of up to 11.17 g/t gold and averaged 2.85 g/t gold and 0.37% copper (to view Figure 4, click on link: http://media3.marketwire.com/docs/fig4dri85.jpg). The additional soil sampling results presented here are interpreted, together with the geophysics, to define a significant mineralized system.

Lucero Discovery

The Lucero discovery was not previously exposed by informal miners but rather was based on the interpretation of magnetic and electromagnetic (EM) geophysical data combined with regional geochemistry. Following initial reconnaissance rock sampling that returned grades up to 11.17 g/t gold, Afrodita pursued further mapping and soil sampling that has now added significant dimension to these results and brought Lucero a step closer to drill testing.

Lucero is interpreted as an intrusion-related gold-copper target with the most anomalous samples located within intensely altered (interpreted) Triassic-Cretaceous sandstones and sediments and a variety of intrusive bodies, adjacent to and including the contact between Jurassic granodiorite to diorite intrusions (Zamora Batholith). The interpretation is a gold-copper system, conceptually capable of hosting a bulk-tonnage target. There is also evidence of intense skarn mineralization related to the Pucara limestones, noted as garnet-scapolite alteration.

Development of a firm mineralization model will be dependent on examination of future drill core. At present there are multiple mineralization styles observed at Lucero: Structurally controlled sulphide veining; Felsic intrusive related iron-skarn with replacement lenses and vein fill; Intrusion related molybdenite-galena-sphalerite bearing skarn; Stockwork quartz veining associated with Quartz-Porphyry Dacite, and Intermediate Sulphidation Epithermal style mineralization. Disseminated mineralization is also present in intrusive rocks with porphyry-style stockwork veining as well as silicification with sulphide mineralization. The presence of potentially reactive sandstone and limestone host rocks indicates that a significant volume of mineralization could be developed.

Ongoing Work

Work is ongoing at Lucero with additional soil and rock sample results pending. Work has also begun at Canelo (Figure 1) where the geophysical signature of coincident magnetic and electromagnetic anomalies is considered comparable to the signature at Lucero - rock and soil sample results are also pending on this target. Drilling at Taricori is ongoing, with 29 drillholes now complete. Results from drillholes 14 to 17 and 18 to 20 have recently been released and additional results will be released in due course. Finally, the airborne geophysical survey is scheduled to begin once survey equipment has been released from Peruvian customs.

Cordillera Del Condor Background

The Cordillera Del Condor has been one of the most important gold-bearing areas in Ecuador and Peru since pre-Incan times. On the Ecuador side of the border, historical high-grade, small scale gold production is reported to have exceeded 100,000 oz per year.

Modern exploration on the Ecuadorian side of the border has recently resulted in the discovery of multiple, significant and world-class gold and base metal-bearing districts, such as Kinross Gold Corp's Fruta del Norte Gold deposit (inferred resources; 13.6 million ounces gold at 7.23 g/t gold), Corriente Resources Inc.'s Mirador Copper-Gold porphyry deposit (measured & indicated; 438 million tonnes at 0.61% copper, 0.19 g/t gold, and inferred resources 235 million tonnes at 0.52% copper, 0.17 g/t gold) and the Mirador Norte Copper-Gold porphyry deposit (indicated 171 million tonnes at 0.51% copper, 0.09 g/t gold; inferred 46 million tonnes at 0.51% copper, 0.07 g/t gold), and Dynasty Metals & Mining Inc's emerging Jerusalem Gold deposit in the Chinapintza district (measured & indicated; 0.58 million ounces gold at 12.4 g/t gold, inferred; 0.71 million ounces at 11.5 g/t gold). The technical information with respect to the above deposits was obtained through the respective companies' public disclosure documents available on SEDAR.

Qualified Person

EurGeol Keith J. Henderson, P.Geo. Dorato's President and CEO and a qualified person as defined by National Instrument 43-101, has reviewed the scientific and technical information that forms the basis for this news release. Mr. Henderson is not independent of the Company as he is an officer and a shareholder.

The geochemical results were reviewed by Tansy O'Connor-Parson's, Senior Geochemist. Minera Afrodita on-site personnel rigorously collect and track samples which are then security sealed and shipped to ACME Laboratories, Lima, Peru for assay. ACME's quality system complies with the requirements for the international standards ISO 9001:2000 and ISO 17025:1999. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples. Quality control is further assured by the use of international and in-house standards. Blind certified reference material is inserted at regular intervals into the sample sequence by field personnel in order to independently assess analytical accuracy. In addition, representative blind duplicate samples are routinely forwarded to ACME and an ISO-compliant third party laboratory for additional quality control.

On behalf of the board of directors of DORATO RESOURCES INC.

Keith J. Henderson, President and CEO

About Dorato Resources Inc.

Dorato Resources Inc. is mineral exploration company focused on the highly prospective Cordillera del Condor Gold District in northern Peru and adjacent to the border with Ecuador - one of the most important gold-bearing districts in the region since pre-Incan times. Dorato, through a series of option agreements, including two agreements signed in recent weeks, now has the right to wholly acquire an extensive land package of approximately 1,050-square-kilometres - providing the Company with the largest land position in the Cordillera Del Condor and a highly strategic position in this emergent gold district. Dorato is well funded and possesses experienced management with a proven track record.

Cautionary Statement

This press release contains 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995 and 'forward looking information' within the meaning of the British Columbia Securities Act and the Alberta Securities Act. Generally, the words 'expect', 'intend', 'estimate', 'will' and similar expressions identify forward-looking information. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward looking information. Statements in this press release regarding Dorato's business or proposed business, which are not historical facts are forward-looking information that involve risks and uncertainties, such as estimates and statements that describe Dorato's future plans, objectives or goals, including words to the effect that Dorato or management expects a stated condition or result to occur. Since forward-looking statements address events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties. The foregoing commentary is based on the beliefs, expectations and opinions of management on the date the statements are made. The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Neither 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.

Contacts:

Dorato Resources Inc.

Steve Stakiw

Manager - Corporate Communications

604-638-5817


Dorato Resources Inc.

Michael Pound

Manager - Investor Relations

604-638-5817

(604) 408-7499 (FAX)
info@doratoresources.com
www.doratoresources.com