Rosita Mining Corporation announced that it has received confirmation from Calibre Mining Corp. that the company has completed the expenditure requirements to earn a 65% interest in the Rosita-D Concession in Nicaragua. This important milestone was achieved following the completion of a 1,939-metre drill program which tested and infilled the extensive surface stockpiles and two priority exploration targets on the property. Assay results from the drill program are expected early in the New Year. The Rosita project is located 275 air kilometres northeast of the capital city of Managua and 120 kilometres west of the port town of Puerto Cabezas.

The company's President and CEO, Craig Pearman tendered his resignation citing personal reasons, which was accepted by Rosita's board of directors, effective immediately. The board has appointed Mr. John Cook, a company director, as interim President and CEO.