Amazon Mining Holding Plc Drilling Confirms Extensive Phosphate Mineralization at the Apatita Project, Brazil

Alto Da Serra Zone Drill Hole Returns 2m at 9.49% P2O5

TORONTO, ONTARIO -- (Marketwire - Nov. 22, 2010) - Amazon Mining Holding Plc (TSX VENTURE: AMZ) ("Amazon" or "The Company"), is pleased to announce the results for the initial drilling campaign at the Apatita Phosphate project located adjacent to Amazon's Cerrado Verde Potash project in Minas Gerais State, Brazil. The programme consisted of 12 holes for a total of 1,022m of HQ sized diamond core. (A location plan is shown in Figure 1 below)

The Company is encouraged by success on two of three phosphate prospects tested at Apatita. Phosphate values at the Alto da Serra and Nau de Guerra prospects (Figure 2) warrant further drilling with substantial tonnage potential defined. Drilling in the two prospects identified mineralized phosphate between 0.01% and 9.57% P2O5 with widths of between 1m and 22m. The Company plans to continue drilling, targeting a 43-101 compliant resource estimate. In addition, Amazon will continue its exploration on five other prospects that have been identified along a 30km strike length by the regional mapping and surface grab sampling programme (Amazon's press release on Monday, 08 November 2010). Drilling at the Matutina prospect, located over 5km away from the Alto da Serra and Nau de Guerra prospects, only encountered low grade mineralization. Nine drill holes were completed in this prospect.

Brazil is the world's second largest importer of phosphate. In 2008, more than 45% of the 3.2Mt of P2O5 consumed was imported. Early in 2010 Vale S.A. spent nearly 6 Billion US dollars acquiring seven main phosphate assets. Six of which are located less than 250km away from Amazon's Cerrado Verde Potash project. The P2O5 grade for Vale's recently acquired Brazilian phosphate assets range from 5.45% to 11.12% P2O5.

The initial drilling at Apatita was primarily planned to define the width of mineralized phosphate within the Areado group (Sequence of flat lying sediments which unconformably overlie the Verdete Slate unit [The Verdete Slate hosts the Cerrado Verde Potash mineralization]). Table 1 shows a summary of Alto da Serra and Nau de Guerra prospects drilling results with a 1.5% P2O5 cut off applied.

Table 1: Apatita Project - Alto da Sera and Nau de Guerra Prospects

Hole_ID 	Prospect 	from 	to 	width 	P2O5(1.5 % cut off) 	 
AP-MA-02 	Alto da Serra 	34m 	52m 	18m 	3.00 	%
including 	Alto da Serra 	35m 	40m 	5m 	6.09 	%
Including 	Alto da Serra 	37m 	39m 	2m 	9.49 	%
AP-MA-05 	Nau de Guerra 	4m 	26m 	22m 	2.64 	%
Including 	Nau de Guerra 	10m 	26m 	16m 	3.00 	%
and 	Nau de Guerra 	35m 	36m 	1m 	8.43 	%
AP-MA-06 	Nau de Guerra 	83m 	90m 	7m 	3.88 	%
Including 	Nau de Guerra 	87m 	90m 	3m 	6.35 	%

** The drillholes were not sampled from surface.

Alto da Serra prospect surface mapping and grab sampling have identified a mineralized surface expression of 4.5km2 and the 48 surface grab samples taken in this prospect averaged 8.2% P2O5. AP-MA-02 drill hole completed in this prospect highlights high grade potential (2m at 9.49% P2O5) and low grade bulk tonnage potential (18m at 3.00% P2O5).

Nau de Guerra prospect surface mapping and grab sampling have identified a mineralized surface expression of 4.8km2 and the 64 surface grab samples taken in this prospect averaged 6.45% P2O5. Drill holes completed have intercepted high grade sedimentary units with drill hole AP-MA-06 returning 7m at 3.88% P2O5 including 3m at 6.35% and drill hole AP-MA-05 returning 16m at 3% P2O5 and 1m at 8.43%. These two holes are located approximately 2km apart in flat lying sedimentary beds.

All mineralized phosphate identified to date has been from the mapping of the sides and tops of the 50m to 200m high hills. These hills which represent the sedimentary rocks of the Areado group will present minimal stripping ratio from an open pit mining perspective. The Areado sedimentary package is also a very soft and permeable package of rocks that will be amenable to "free dig" and/or minimal blasting along with potential in situ leaching methods of mining.

President & CEO Cristiano Veloso commented "Given the favourable mining factors combined with the positive initial metallurgical testwork (reported in the November 8, 2010 press release), Amazon will explore the possibility of producing conventional fertilizers such as SSP, STP, MAP and DAP from the phosphate at Apatita. In addition, the Company will pursue the possibility of producing an innovative ThermoPotash Phosphate product. Mitsui has been selling ThermoPhosphate in Brazil since the 1960's. The combination of phosphate with ThermoPotash could substantially increase the potential market for Amazon's proposed product. Potentially, manufacturing this P-K product would also represent limited additional capital and operational expenditures as both potash and phosphate rocks would be processed in the same rotary kiln already required for ThermoPotash."


Competent Person and QA/QC

The technical content of this news release has been prepared by Mr. Beau Nicholls, MAIG, Consulting Geologist, who is a Qualified Person as defined by Canadian National Instrument 43-101. 1m samples were split in half using a diamond core saw with half the core sent to SGS Geosol laboratory for analysis by X-ray fluorescence


About Amazon

Amazon Mining is a mineral exploration and development company founded and led by Brazilians since 2005. The company is focused on the development of Cerrado Verde project. Cerrado Verde is source of a potash rich rock from which Amazon plans to produce a slow-release, non-chloride, multi-nutrient, fertilizer product. Amazon Mining is a UK public company with shares listed on the TSX Venture Exchange since November 2007.

On behalf of the Board of Directors of Amazon Mining Holding Plc, Cristiano Veloso, President and CEO.



Cautionary Language and Forward Looking Statements

THIS PRESS RELEASE CONTAINS CERTAIN "FORWARD LOOKING STATEMENTS", WHICH INCLUDE BUT IS NOT LIMITED TO, STATEMENTS WITH RESPECT TO THE FUTURE FINANCIAL OR OPERATING PERFORMANCE OF THE COMPANY, ITS SUBSIDIARIES AND ITS PROJECTS, STATEMENTS REGARDING USE OF PROCEEDS, EXPLORATION PROSPECTS, IDENTIFICATION OF MINERAL RESERVES, COSTS OF AND CAPITAL FOR EXPLORATION PROJECTS, EXPLORATION EXPENDITURES, TIMING OF FUTURE EXPLORATION AND PERMITTING, REQUIREMENTS FOR ADDITIONAL CAPITAL, GOVERNMENT REGULATIONS OF MINING OPERATIONS, ENVIRONMENTAL RISKS, RECLAMATION EXPENSES, TITLE DISPUTES OR CLAIMS, AND LIMITATIONS OF INSURANCE COVERAGE. FORWARD LOOKING STATEMENTS CAN GENERALLY BE IDENTIFIED BY THE USE OF WORDS SUCH AS "PLANS", "EXPECTS", OR "DOES NOT EXPECT" OR "IS EXPECTED", "ANTICIPATES" OR "DOES NOT ANTICIPATE", OR "BELIEVES", "INTENDS", "FORECASTS", "BUDGET", "SCHEDULED", "ESTIMATES" OR VARIATIONS OF SUCH WORDS OR PHRASES OR STATE THAT CERTAIN ACTIONS, EVENT, OR RESULTS "MAY", "COULD", "WOULD", "MIGHT", OR "WILL BE TAKEN", "OCCUR" OR "BE ACHIEVED". FORWARD LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS WHICH MAY CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SAID STATEMENTS. THERE CAN BE NO ASSURANCES THAT FORWARD-LOOKING STATEMENTS WILL PROVE TO BE ACCURATE, AS ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SAID STATEMENTS. ACCORDINGLY, READERS SHOULD NOT PLACE UNDUE RELIANCE ON FORWARD-LOOKING STATEMENTS.

The potential grades detailed in this release are conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the targets being delineated as a mineral resource.

Readers are cautioned not to rely solely on the summary of such information contained in this release and are directed to the complete set of drill results posted on Amazon's website (www.amazonplc.com) and filed on SEDAR (www.sedar.com) and any future amendments to such. Readers are also directed to the cautionary notices and disclaimers contained herein.

To view Figure 1, please visit the following link:
http://media3.marketwire.com/docs/amz1122fig1.pdf

To view Figure 2, please visit the following link:
http://media3.marketwire.com/docs/amz1122fig2.pdf

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For more information, please contact

Amazon Mining Holding Plc
Cristiano Veloso
President & Chief Executive Officer
+44 (0) 20 8133 7607
+44(0)20 7405 7773 (FAX)
cv@amazonplc.com

or

Amazon Mining Holding Plc
Jed Richardson
VP Corporate Development
+1(416)866-2966
+1(416)866-8829 (FAX)
jed@amazonplc.com
www.amazonplc.com