Lupaka Gold Corp. announced the results of its 2013 exploration and field work programs. Regional exploration and positive social license developments at Crucero, joint venture efforts for Invicta, and the acquisition of Josnitoro were the major milestones for the company in 2013. For the past several years, exploration work on the Crucero project has concentrated on the A-1 zone and expanding the gold resource ounces and tonnes within the mineralized resource envelope. This work was largely completed during 2013 and culminated with a conceptual whittle pit shell imposed on the Crucero A-1 resource in order to apply an economic constraint on the resource estimate. Following a highly successful year of community relations on the project that included an extension to the agreement with the Oruro Community, several individual agreements with landholder families, and receipt of an Environnmental Impact Assesment - Semi Detailed, the company's field teams deployed to the project in mid-year 2013. The focus was on assessing the mineral potential in the eastern half of the property, and the southern extent of mineralized structure beyond the A-1 zone. Anomalous values for gold and arsenic (as a gold indicator) were found throughout the property, with the most compelling and interesting values identified on the northern and southern extensions of the main structure that hosts the A-1 gold resource. In the near-term, the extensions of the A-1 structure to the south and to the north hold great potential for discovery of the next mineralized zone at Crucero.

2014 exploration work at Crucero will focus efforts on the A-1 structural corridor, extending from north of the A-8 anomaly to south of the A-1 resource zone. Field work should commence in the second quarter of 2014. The company has recently completed a mine production and scheduling analysis to evaluate small scale operating scenarios for the Invicta Gold Project that can be accomplished quickly and with minimal deployment of capital. The Invicta project currently has over 1,200 meters of 4mx4m drift in place providing primary access to the measured resource in two locations, including crosscuts through the mineralized zone. The Invicta resource estimate shows a Measured resource of 131,000 tonnes grading 6.65 g/t gold equivalent for 28,000 contained equivalent ounces available from the in-situ development.