Atalaya Mining Regulatory News (ATYM)

AIM: EMED

TSX: EMD 03 June 2013

EMED Mining Public Limited

("EMED Mining" or the "Company")

Spanish Supreme Court ruling consistent with EMED Mining's permitting approach

EMED Mining, the Europe-based minerals development and exploration company, is pleased to announce that a final court ruling in the Supreme Court of Spain has confirmed that the approach adopted by the Company for the permitting of the Rio Tinto Copper Project is correct. The Court ruled that administrative standing is indeed a pre-requisite for triggering the project.

The outcome of the case, while pleasing for EMED Mining, could not and did not have any impact on the Company's ownership of the Rio Tinto Copper Project or its application for administrative standing.

The only potential impact the case could have had was to remove the need to apply for administrative standing. However, this was never considered as a real possibility by the Company in this dispute between a past project vendor and the Junta de Andalucia.

Harry Anagnostaras-Adams, EMED Mining's Managing Director and CEO, said: "This case between a third party and the Junta de Andalucia was not a concern to EMED Mining but it is nevertheless pleasing that the outcome reaffirms our analysis of the issues that were being considered and also the approach we adopted upon acquiring in 2008 outright ownership and control of the Rio Tinto Copper Project.

"It is a world class project which has attracted more than its share of complexity and it is pleasing that it continues to simplify itself partly through our efforts and partly as a result of the efforts of the Junta de Andalucia."

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