Market Overview

Itoco Mining Corporation: North America's First Publicly Traded Emerald Mining and Trading Company

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Itoco Mining Corporation announces the appointment of Dr. Stewart A.
Jackson, P.Geo. to its advisory Board.

"On behalf of Itoco Mining Corp, I would like to welcome Dr. Jackson to
the team," stated Company CEO Mr. Michael Paul. "His expertise in the
mining sector and his business experience will further strengthen our
board of directors."

Dr. Jackson is a well-regarded exploration specialist with many years in
the mineral exploration and development areas. With his Crown Resource
Corporation, he discovered and initiated production from multiple gold
discoveries producing multi- million ounces in Washington State, USA,
including the current Buckhorn Mine of Kinross.

He was involved in the acquisition and exploration of multiple gold and
silver deposits in North, South and Central America, the Philippines,
and Indonesia. He acquired and delineated a 3 billion tonne uranium,
vanadium, nickel, zinc and molybdenum resource in Sweden. His drilling
program at the Turnagain nickel deposit in Northern BC, Canada was
instrumental in the advancement of that exploration target to a large
nickel resource (over 1 billion tonnes).

He had significant involvement with the Pine Point lead-zinc
deposit, the Red Dog zinc deposit of western Alaska.

In addition to metals exploration he has been involved in a broad range
of exploration fields, including industrial minerals, and diamonds.

Moreover, Dr. Jackson over the past 2 years has been following the
development of the company and has a very clear understanding of the
genesis of the emerald formation. Dr. Jackson says: "Geology and
engineering will be a very important addition and represents a key part
of the process for this successful operation."

With the guidance of Dr. Stewart the company sees several perspective
targets that are worthy of further development or exploration; within
the existing mine workings, down-dip of the existing workings, the
northern strike extent of the footwall (current workings), the breccia
zone and the hanging wall. All of these settings are geologically and
observationally valid hosts. At present the workings, when factoring in
all the aforementioned targets, represents perhaps 10% of the
perspective found within the property bounds.

Dr. Jackson is a Professional Geologist in the Province of Ontario,
Canada. He gained a B.Sc, in Geology from the University of Western
Ontario, an M.Sc. in Stratigraphy and Mineral Deposits from the
University of Toronto, and a Ph.D in Stratigraphy and Economic Geology
from the University of Alberta.

Management Comment:

CEO Michael Paul of Itoco Mining Corporation said: "I am pleased that we
will have access to Dr. Jackson's unique insights into the exploration
and development potential of our assets in Colombia. He has proven his
ability over many years to add great value to mine and resource
operations."

Dr. Jackson said: "I look forward to working with Itoco Mining
Corporation and its strong team. They have a unique business model that
will allow them to develop their Emerald opportunities efficiently and
economically."

About ITOCO MINING CORPORATION

Itoco Mining's mission is to become a leading supplier of responsibly
sourced Class 1 Colombian Emeralds, through its mining and marketing
channels of single origin Emeralds from some of the world's finest
deposits in Muzo, Quipama & Maripi.

Itoco Mining Corporation trades on the OTC Markets, symbol: ITMC

www.itocomining.com

Forward-Looking Statements
This release contains forward-looking
statements. Forward-looking statements, without limitation, may contain
the words believes, expects, anticipates, estimates, potential, intends,
plans, hopes, or similar expressions. Forward-looking statements are not
guarantees of future performance. They involve risks, uncertainties and
assumptions and actual results could differ materially from those
anticipated. Forward looking statements are based on the opinions and
estimates of management at the date the statements are made, and are
subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those
projected in the forward-looking statements.

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