SOURCE: Sonora Resources Corp.

Sonora Resources Corp.

August 18, 2011 09:00 ET

Sonora Resources Signs LOI to Acquire Claims Surrounding Recently Acquired Silver Properties

Company Views the Pending Acquisition as a Major Benefit to Project Development

GUADALUPE, MEXICO--(Marketwire - Aug 18, 2011) - Sonora Resources Corp. (OTCBB: SURE) ("Sonora" or the "Company"), a mineral exploration and development Company focused on the acquisition of international silver and gold mining properties is pleased to announce it has entered into a Letter of Intent ("LOI") to acquire the group of claims surrounding the recently acquired 49 hectare La Mazata Silver Mine and Ayones Property in the Mexican State of Jalisco.

Sonora's President Juan Miguel Rios states, "This LOI represents a major building block in Sonora's future. It gives us the opportunity to secure the lands that directly surround the recently acquired mineral-rich La Mazata Silver Mine and the Ayones property. We believe that the silver and gold veins flow from the Ayones property onto the adjacent group of claims and this clearly calls for additional investigation."

The agreement has been structured through Sonora's wholly owned Mexican subsidiary Finder Plata S.A. DE C.V. and proposes to acquire a 721 hectare land package known as the Corazon group of claims. The property hosts silver and gold mineralization with significant potential. The properties contain the same epithermal veins system as identified and documented in the La Mazata historic mine workings, which trend to the South East extending into the Corazon lands.

The potential to increase the mineral resource estimate within the Corazon claims area is very promising based on historic production data from the La Mazata Mine combined with the results from a 1988 Grupo Mexico diamond drill campaign, which identified five veins open to the South East and virtually untouched vertically in the Corazon area.

The Company is working diligently to close the transaction with the current owners of the property and hopes to make a further announcement regarding its completion as soon as commercially possible.

The Definitive Agreement shall contain customary representation and warranties, covenants and indemnification provisions. Additional details regarding the Company, its business and agreements are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.

About Sonora Resources Corp. (OTCBB: SURE)
The Company is focused on the acquisition and exploration of international silver and gold mining properties located in regions that enjoy stable politics, sound economies and friendly business environments. Additional information about the Company may be found at www.sonoraresources.com.

Notice Regarding Forward Looking Statements
Statements in this news release that are not historical are forward looking statements. Forward looking statements in this news release include: that the company believes that geographic scope of mining concessions makes for encouraging gold and silver potential for the project; that the property is interpreted to be within a porphyry system; and that Mexico is stable and business friendly. Factors which may delay or prevent these forward-looking statements from being realized include misinterpretation of data; we may not locate or agree to terms with potential partners, we may not be able to acquire equipment or labor as needed; we may not be able to raise sufficient funds to complete our intended exploration or carry on operations; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Nearby mineral resources is no indication of resources on our property. In addition, Mexico may undergo political or social change which would create additional geopolitical risks. Readers should refer to the risk disclosures outlined in the periodic reports filed by other junior mineral exploration companies with the Securities and Exchange Commission.

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