Ocean Park Expands Adelita Porphyry/skarn Copper Gold Silver Property, Mexico

(via Thenewswire.ca)

August 28, 2012 - Vancouver, B.C. Ocean Park Ventures Corp. ("Ocean Park" or the "Company") (TSX-V: OCP) is pleased to announce expansion of the Adelita porphyry / skarn copper-gold-silver property to include 900 hectares of inlier claims. The ground acquisition is prospective for both skarn and porphyry style mineralization.

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Figure 1: Colinas 2 inlier claim block adds 900 hectares to the Adelita property for a total of approximately 12,350 hectares. The new claims are highly prospective for skarn and porphyry style mineralization. A newly discovered copper-mineralized skarn, the Andalucia zone, is present on the claims.

The Company has added the "Colinas 2" claims to the Adelita property, bringing the total contiguous land position to approximately 12,350 hectares. Past work on the claims includes a 1,264 metre, five hole test drill program completed in 2005 by Minera Kennecott SA de CV, a wholly-owned subsidiary of Rio Tinto plc (NYSE: RIO), and an 89 sample soil survey completed by Minaurum Gold Corp. (TSX-V: MGG) in 2010. Historical results include a two square kilometre extension of the large copper, gold, silver and molybdenum-in-soil anomaly that has been drilled by Ocean Park at the Mezquital porphyry target. Anomalous molybdenum, copper, zinc, arsenic, antimony and tungsten are also reported to occur in both historical drill core and surface samples, with the "Las Trancas" copper oxide showing including minor historic production of unspecified tonnage and grade.

Mapping by Ocean Park has discovered mineralized skarn on the new claims with copper mineralization that is visually similar to that drilled by Ocean Park at Cerro Grande. Assay results from this new skarn, the "Andalucia" zone, are pending. The skarn discovery has been exposed in a series of hand trenches across 75 metres of strike in an area of limited bedrock exposure. The new zone is 2.5 kilometres south of past drilling and indicates the mineralized intrusive-sediment contact has multi-kilometre, multi-zone potential.

Ocean Park can earn up to a 75% interest in the Adelita project through its joint venture with Minaurum Gold Inc. (TSX-V: MGG).

Mr. Chris Taylor, M.Sc. P.Geo, is Vice President Exploration with Ocean Park and is the Qualified Person as defined by National Instrument 43-101, who supervised the preparation of the above information. Information related to past drilling and highlighted mineral properties was taken from previous public disclosures issued by the companies listed above.

For further information please contact Mr. Paul Matysek, M.Sc. P.Geo, Acting President and Chairman, Mr. Chris Taylor, M.Sc. P.Geo, Vice President Exploration or Mr. Robert Orr, Investor Relations at 604-681-0084.

OCEAN PARK VENTURES CORP.

On behalf of the Board

"Paul Matysek"

Paul Matysek, Acting President and Chairman

About Ocean Park Ventures

Ocean Park is a well-funded Canadian mineral exploration company working in three leading jurisdictions, with active exploration including diamond drilling underway on 3 properties. A 75% interest can be earned through its joint venture in the Adelita Copper-Gold-Silver project, Sonora, Mexico, where a 15+ square kilometer porphyry system that is currently being drill tested is flanked by a copper-gold-silver mineralized skarn. Ocean Park can earn a 70% interest through its joint venture in the Trapper Gold project, northern British Columbia, where Ocean Park has identified a gold-copper porphyry complex with a surface signature of over 15 square kilometres and visible gold in drill core. The Company can earn up to a 100% interest in the Metla property, located 5 kilometres south of Trapper, through its earn-in agreement. The Company can also earn up to a 70% interest through its joint venture in the Chisna Gold project, south-central Alaska, where a 12+ kilometre gold-in-bedrock and soils target has been identified returning results as high as 260 g/t gold, the Golden Range.

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.

This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.

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