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Posted On: 10/26/2012 9:34:22 AM
Post# of 99289
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Posted By: jstops


$SANP .88 News Santo Mining Corp. Supports Appointment of New Dominican Mining Regulators



SANTO DOMINGO, Dominican Republic, Oct 26, 2012 (GlobeNewswire via COMTEX) -- Santo Mining Corp. (OTCBB:SANP), (the "Company"), comments that following Danilo Medina's August 16 inauguration as the new Dominican President, Alex Medina was appointed the new General Director of Mining. Not only is this positive news for the Dominican mining sector, it is extraordinarily positive news for Santo Mining Corporation as Mr. Medina formerly worked in the metallic mining sector for 30 years at Falconbridge Nickel in Bonao. Mr. Medina is a former colleague of the members from the Santo Mining exploration team, and together we look forward to continuing a close working relationship with the Dominican Mining Office. In addition the New President has announced he will establish a new Mining and Energy Ministry headed by Pelegrin Castillo to better focus on the management of the Dominican's rich mineral resources. Mr. Castillo is also well known to the Company and Santo Mining has pledged to cooperate fully in the successful development of the new ministry.


About Santo Mining Corporation



Santo Mining Corporation is an aggressive junior minerals exploration and development Company, based in the Dominican Republic. The Company is actively pursuing the acquisition and exploring of properties, which are strategically located in the prolific and highly prospective Hispaniola Gold-Copper Back-Arc area in the Dominican Republic. A detailed description of the Company's activities is available at www.SantoMining.com.



The Santo Mining Corporation logo is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=14686



Further information on the Company and its filings can be found at www.sec.gov



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