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Ginguro Provides Corporate and Pardo Project Update

Ginguro Exploration Inc. (GEG.V) today provided an update on recent corporate and Pardo project activities.

Over the course of the past winter, the company has undertaken a comprehensive geotechnical program of drill core review, drawing from its extensive archive of drill core from the Pardo Project of more than 340 individual drill holes.

The Company has identified numerous areas where gold mineralization occurs at surface under shallow overburden. Trenching and shallow drilling in 2012 was successful in locating large areas of surface gold mineralization. Most notably, Ginguro recently discovered the Silver Lake Trend, a flat-lying high grade gold zone at surface. This work of identifying areas for stripping is planned to continue into 2013, with at least six zones (within three priority areas) already identified for stripping this year.

In mid-February of 2013, Ginguro was successful in acquiring two claims totaling approximately 448 hectares and extending for over 3 kilometers along the Pardo gold trend, to the north of the existing claims. A strong gold in-soil anomaly is known to occur on the most northerly of the new claims. Work on these claims is also being planned for the upcoming field season.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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