Sirocco Mining Inc.

Sirocco Mining Inc.

July 16, 2012 17:44 ET

Sirocco Mining Inc.: Corporate Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 16, 2012) - Sirocco Mining Inc. (TSX VENTURE:SIM) ("Sirocco" or the "Company") reports that it has granted an aggregate of 175,000 incentive stock options to certain officers and other eligible persons of the Company. The options are exercisable, subject to vesting provisions, over a period of three years at a price of $0.85 per share.

About the Company

Sirocco Mining Inc. is a Canadian company which produces iodine from its Aguas Blancas mine in northern Chile. In addition, the Company has exploration interests in Brazil and West Africa and is actively assessing other opportunities in the resource sector.

On behalf of the Board,

Richard P. Clark, CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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