Azul Ventures Generates High Grade Magnetite Concentrate from its Caballo Blanco Project - Seite 3

TRENCHING

A program of trenching using an excavator was commenced to test for extensions of shallow magnetite mineralization. To date, trenching has exposed several bands of high grade magnetite mineralization and further trenching is planned.

David O'Connor, President and CEO, said, "We are very encouraged by the results of the detailed magnetic survey and sampling at the Don Baucha iron project at Caballo Blanco. Azul plans to commence treating magnetite dump material followed by shallow open pit mining of the magnetite veins as soon as the required government permits are obtained, which is expected to take approximately one month."

RESIGNATION OF DIRECTOR

The Company would also like to announce the resignation of Catherine Gignac from the Board of Directors and wishes to express its deep gratitude for her positive contributions while a director. The Company wishes her the best in her future endeavours.

Michael Schuler, M.Sc., CPG, Vice President Exploration, is a "qualified person" as defined by National Instrument 43-101, and has reviewed and approved the technical information and data included in this press release.

About Azul Ventures Inc.

Azul Ventures Inc. is a mineral exploration company with the rights, through its wholly owned subsidiary Minera Azul Ventures Limitada, to acquire a 100% interest in two prospective copper-iron properties in La Higuera, Chile: the La Higuera Property and the Caballo Blanco Property. The properties are located approximately 600 km north of Santiago in a prolific I.O.C.G. belt surrounded by excellent infrastructure in a mining friendly jurisdiction.

The La Higuera Property was assembled as a result of the first-time consolidation of mining rights and covers a historic copper mining district with mining activity dating back to at least the late 18th century; however, there had been no known modern exploration conducted on the property. The mining concessions total 1,076 hectares and include two option agreements with separate concession holders (down from a total of 1,230 hectares which included four option agreements with concession holders, as two option agreements have been dropped). Since the consolidation of the mining rights in June 2011, Azul completed a rock sampling program, completed geophysical work which generated intense magnetic and chargeability anomalies coincident with existing copper workings, finalized a 4,088 m drill program and an underground mapping and sampling program.