Regulus Resources Announces Appointment of Dr. Stewart Redwood as Chief Geologist for the AntaKori Copper-Gold Project, Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 25, 2016) -

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Regulus Resources Inc. ("Regulus") (TSX VENTURE:REG) is pleased to announce that Dr. Stewart Redwood has joined the Regulus team as Chief Geologist for the AntaKori copper-gold project in Peru. Dr. Redwood has 35 years of mineral exploration experience, with a focus on copper, gold, silver and zinc deposits in Latin America and the Caribbean. This includes extensive experience in skarn deposits, notably the Antamina copper-zinc skarn deposit in Peru, one of the world's largest skarn deposits, where he was the Chief Geologist and Site Manager from 1996-1998 for the drill-out of the feasibility study. Dr. Redwood has a degree in geology from Glasgow University (1982) and obtained his Ph.D. from Aberdeen University (1986) for his work on the gold and silver deposits of Bolivia. He is bilingual in English and Spanish, and also speaks some Portuguese and French. He has worked in Latin America since 1982 with experience in both major mining and junior exploration companies.

Dr. Redwood will work closely with Dr. Kevin B. Heather (Regulus Chief Geological Officer) to plan and supervise the activities of the geological team that will be responsible for the drill definition and feasibility study of the AntaKori copper-gold skarn project in northern Peru.

John Black, Chief Executive Officer of Regulus, commented as follows:

"We are extremely pleased to have Stewart join the Regulus team. I cannot think of anyone better suited to help us with the development of our AntaKori copper-gold project. Stewart has extensive experience throughout Latin America and most notably was responsible for the drill definition and geologic aspects of the feasibility study of the Antamina copper-zinc skarn deposit, which is now a major mine and has many geologic and scale similarities to the skarn mineralization we have at AntaKori. His experience and mentorship will be a great addition to our team.

Our geological team is currently finalizing exploration plans for the upcoming season in collaboration with their counterparts from Compañía Minera Coimolache S.A. and Compañía Minera Colquirrumi S.A., companies that hold mineral concessions immediately adjacent to our property and with whom we have collaborative exploration agreements. This work is advancing well and we anticipate that drilling will commence in Q4 of this year and will likely be continuous until the deposit is well-defined."