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Press release from Marketwire

Minera IRL Limited Annual General and Special Meeting Voting Results and Withdrawal of Nomination by Kenneth Judge for the Board of Directors

Thursday, July 11, 2013

Minera IRL Limited Annual General and Special Meeting Voting Results and Withdrawal of Nomination by Kenneth Judge for the Board of Directors

02:00 EDT Thursday, July 11, 2013

LONDON, UNITED KINGDOM and TORONTO, ONTARIO--(Marketwired - July 11, 2013) - Minera IRL Limited ("Minera IRL" or the "Company") (AIM:MIRL)(BVL:MIRL)(TSX:IRL) the Latin American gold mining company, announces that at the Annual General and Special Meeting of Shareholders of Minera IRL held on 10 July 2013 (the "Meeting"), all the resolutions were duly passed.

Pursuant to Canadian Securities Administrators' Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, the following briefly describes the matter voted upon and the voting results for the Meeting.

1. Receive and Adopt 2012 Annual Report

On a vote by show of hands, the report of the directors and the auditors, and the financial statements of the Company were received and adopted. Based on proxies received prior to the meeting, this resolution received 91,161,795 votes in favour, representing 100% of the votes cast at the Meeting.

2. Re-election Courtney Chamberlain as Director

On a vote by show of hands, Courtney Chamberlain was re-elected as a director of the Company. Based on proxies received prior to the meeting, this resolution received 74,489,164 votes in favour, representing 90.81% of the votes cast at the Meeting.

3. Re-election Douglas Jones as Director

On a vote by show of hands, Douglas Jones was re-elected as a director of the Company. Based on proxies received prior to the meeting, this resolution received 73,189,050 votes in favour, representing 83.42% of the votes cast at the Meeting.

4. Re-election Graeme Ross as Director

On a vote by show of hands, Graeme Ross was re-elected as a director of the Company. Based on proxies received prior to the meeting, this resolution received 62,784,160 votes in favour, representing 71.56% of the votes cast at the Meeting.

5. Re-election Kenneth Judge as Director

Prior to the meeting, Kenneth Judge informed the Company that he would like to withdraw his consent for nomination for re-election to act as a director of Minera IRL to focus on personal and business commitments. The Board of Directors and Company wish to thank Kenneth Judge for his positive contributions during his period as Director of Minera IRL Ltd.

6. Re-election Napoleon Valdez as Director

On a vote by show of hands, Napoleon Valdez was re-elected as a director of the Company. Based on proxies received prior to the meeting, this resolution received 78,559,092 votes in favour, representing 89.54% of the votes cast at the Meeting.

7. Appointment of Auditors

On a vote by show of hands, BDO LLP was appointed auditors of the Company until the close of the next annual general meeting and the directors were authorised to determine auditor's remuneration. Based on proxies received prior to the meeting, this resolution received 88,914,451 votes in favour, representing 100% of the votes cast at the Meeting.

8. Re-approval of Stock Option Plans

On a vote by show of hands, the re-approval of the Company's Stock Option Plans was approved. Based on proxies received prior to the meeting, this resolution received 58,963,508 votes in favour, representing 69.18% of the votes cast at the Meeting.

9. Authorisation of 425,000 Incentive Stock Options

On a vote by show of hands, the authorisation of 425,000 Incentive Stock Options was approved. Based on proxies received prior to the meeting, this resolution received 60,260,814 votes in favour, representing 73.68% of the votes cast at the Meeting.

10. Authorisation for Directors to Issue Ordinary Shares

On a vote by show of hands, the directors were authorised to issue up to a maximum of 130,258,413 ordinary shares with the authority expiring at the close of the next annual general meeting. Based on proxies received prior to the meeting, this resolution received 62,770,947 votes in favour, representing 71.54% of the votes cast at the Meeting.

11. Authorisation for Directors to Allot Shares

On a vote by show of hands, the directors were authorised to allot up to a maximum of 130,258,413 ordinary shares, otherwise than in accordance with Section 6.1 of the Articles, in relation to rights or other pro rata issues or otherwise with the authority expiring at the close of the next annual general meeting. Based on proxies received prior to the meeting, this special resolution received 58,964,071 votes in favour, representing 67.20% of the votes cast at the Meeting.

Details of the proxy votes received by the Company before the Meeting in respect of each resolution are available on the Company website at www.minera-irl.com.

Minera IRL Limited is the AIM traded, TSX and BVL listed holding company of precious metals mining and exploration companies focused in Latin America. Minera IRL is led by an experienced senior management team with extensive industry experience, particularly operating in South America. The Group operates the Corihuarmi Gold Mine and the advanced gold projects Ollachea in Peru and Don Nicolas in Argentina. For more information, please visit www.minera-irl.com.

The Toronto Stock Exchange neither approves nor disapproves the information contained in this News Release.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law or regulation, Minera IRL Limited does not intend to update any forward-looking statements to conform these statements to actual results.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Minera IRL
Trish Kent
Vice President, Corporate Relations
+511 418 1230
www.minera-irl.com


Canaccord Genuity Limited
(Nominated Adviser & Broker, London)
Andrew Chubb
+ 44 (0)20 7523 0000


finnCap (Co-broker, London)
Geoff Nash (Corporate Finance)
Matthew Robinson (Corporate Finance)
Elizabeth Johnson (Corporate Broking)
+ 44 (0)20 7600 1658


RBC Europe Ltd (Co-broker, London)
Stephen Foss / Martin Eales
+ 44 (0)20 7600 1658


Buchanan (Financial PR, London)
Bobby Morse / Gordon Poole / Louise Mason
+44 (0)20 7466 5000

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