NICOSIA, CYPRUS (FSCwire) - Atalaya Mining Plc (AIM:ATYM, TSX:AYM) is pleased to announce the filing of the pre-feasibility study (“PFS”) for a proposed open pit copper mine and concentrator at its Proyecto Touro in north west Spain. The report has been compiled in accordance with the guidelines set out in Canadian National Instrument 43-101 (“NI 43-101”). Findings of the PFS were released on 23 April 2018.

The lead author of the technical report is Alan C. Noble P.E., who is a “Qualified Person” within the meaning of NI 43-101 and the AIM rules for Companies, and is independent of Atalaya.

The report has been filed under the Company’s profile on SEDAR, at www.sedar.com, and on the Company’s website at www.atalayamining.com.

About Atalaya Mining Plc

Atalaya is an AIM and TSX listed mining and development group which produces copper concentrates and silver by-product at its wholly owned Proyecto Riotinto site in southwest Spain. In addition, the Group has a phased, earn-in agreement for up to 80% ownership of Proyecto Touro, a brownfield copper project in the northwest of Spain which is currently in the permitting stage. For further information, visit www.atalayamining.com

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) no 596/2014.

Contacts:

QUALIFIED PERSON AND QUALITY CONTROL

Information of a scientific or technical nature in this Proyecto Touro PFS was prepared under the supervision of Alan C. Noble P.E., an independent Qualified Person under the Canadian National Instrument 43-101, William Rose (WLR Consulting), Jaye Pickarts, Monica Barrero, Alistair Cadden (Golder), John Fleay and Matt Langridge (Minnovo).

Mr. Noble has verified the data disclosed, including sampling, analytical, and test data underlying the information or opinions contained in this announcement in accordance with standards appropriate to their qualifications.

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