Emerita Gold Corp. (TSX VENTURE:EMO) (the "Company" or "Emerita") has mobilized
field crews to the Las Morras Property in the Extremedura Region of Spain (the
"Property"), following the successful completion of its listing on the TSX
Venture Exchange on January 10, 2013. The initial work program, which commenced
on January 25, will focus on completing geochemical surveys in the area where a
high concentration of gold nuggets and boulders containing visible gold have
been identified on the Property (Figure 1).


The Property is 100% owned by the Company, and was acquired upon confirming that
a large number of gold nuggets and rock samples containing visible gold (Figures
2 to 5) had been discovered by local prospectors. Heavy mineral concentrate
(HMC) sampling in 2012, covering approximately 5% of the Property, confirmed the
presence of a large number of gold grains in the soils in the area. Samples
comprising approximately 4.5 kilograms of soil were panned to a concentrate of
approximately 50 grams and the gold grains were counted using a binocular
microscope. Seven samples contained between 400 and 800 grains of gold and 52%
of the samples contained more than 50 gold grains. The overburden in the area is
generally less than one meter thick. Two discrete anomalous areas were
identified by this preliminary sampling. These anomalies extend 600 meters and
400 meters in an east-west direction respectively (Figure 4).


The planned geochemical survey will cover an area extending approximately 5
kilometres in a northeasterly direction on cross lines approximately 2.5
kilometres long. Sampling will be done at 50 meter sample spacing on lines 100
meters apart with more detailed sampling locally. At each site a soil sample as
well as an HMC sample will be collected. The Company plans to follow the survey
with trenching and diamond drilling.


According to Joaquin Merino, P.Geo., President and CEO of Emerita: "We are
excited by what we have seen on this Property. It is unusual to see such a high
concentration of gold grains, rock samples with visible gold and gold nuggets in
soil as occurs at Las Morras. To be the first to systematically explore such an
area is exciting for the Company. As the anomalies from the survey are developed
in the coming weeks we intend to release results on a timely basis."


The Company has filed on SEDAR a NI 43-101 technical report describing the
Property entitled "Technical Report on the Las Morras Exploration Concession,
Extremadura Region, Spain" and dated as of October 25, 2012.


In addition, the Company has engaged Syndicated Capital Corp. ("SCC") of
Vancouver, B.C., to provide investor relations services to the Company. The
Company has agreed to pay SCC $5,000.00 per month, for an initial term of 12
months. Mr. A. Salman Jamal of Vancouver, B.C., is the principal of SCC. The
agreement is subject to the approval of the TSX Venture Exchange. Mr. Jamal was
a former director of the Company and presently holds, through SCC, 500,000
common shares of the Company, and holds directly 275,000 stock options to
acquire common shares of the Company.


Qualified Person

The scientific and technical information in this release has been reviewed and
approved by Mr. Joaquin Merino, P.Geo, President and CEO of the Company and a
Qualified Person as defined by National Instrument 43-101 of the Canadian
Securities Administrators. Field work at the Las Morras Property is being
conducted under the direct supervision of Mr. Merino.


About Emerita Gold Corp.

Emerita is a natural resource company engaged in the acquisition, exploration
and development of mineral properties in Spain, with a primary focus on
exploring the Las Morras Property in the Extremedura Region of Spain.


Emerita Gold Corp.

Joaquin Merino, President & CEO

Cautionary Note Regarding Forward-looking Information

This press release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking information
includes, without limitation, statements regarding exploration prospects and
proposed work programs and plans. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as "plans", "expects"
or "does not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or state that certain actions, events or
results "may", "could", "would", "might" or "will be taken", "occur" or "be
achieved". Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of Emerita, as the case may be, to be
materially different from those expressed or implied by such forward-looking
information, including but not limited to: general business, economic,
competitive, geopolitical and social uncertainties; the actual results of
current exploration activities; risks associated with operation in foreign
jurisdictions; ability to successfully integrate the purchased properties;
foreign operations risks; and other risks inherent in the mining industry.
Although Emerita has attempted to identify important factors that could cause
actual results to differ materially from those contained in forward-looking
information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
information will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking information. Emerita
does not undertake to update any forward-looking information, except in
accordance with applicable securities laws.


To view Figures 1-5, please visit the following link:
http://media3.marketwire.com/docs/851775MOM.pdf.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Emerita Gold Corp.
Marilia Bento
+ 1 416 309 2139 (Toronto)


Emerita Gold Corp.
Joaquin Merino
+34 (628) 1754 66 (Spain)
info@emeritagold.com

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