Santo Mining Corporation announced positive results from a geochemical reconnaissance survey of its 'CHARLES' exploration application located in the Dominican Republic 'Tireo Formation'. Rock samples collected by the company exploration team yielded a series of results up to 10.79 g/t Silver and +1.0% Copper. The Charles Claim borders Goldquest's renowned La Escandalosa claim. In 2012 Goldquest reported three bonanza drill intercepts just 2.5 km from the Charles claim which was reported as being the gold discovery in the Dominican Republic in 20 years. The 278 hectare Charles Claim is located in the gold, silver and copper rich Tireo Formation and lies on the eastern border of Goldquest's La Escandalosa. In March 2013 the company's exploration team, led by Elpidio Moronta, conducted a preliminary reconnaissance and surface geochemical survey of the entire claim. Stream sediment samples were collected from the Rio Guayabo, Rio Piedra Blanca and its tributaries. Grab and outcrop rock samples were collected and several samples from the Rio Piedra Blanca to the North side of the 'Loma Del Gajo Pelon' mountain along a 600 meter long by 2 meter wide mineralized vein. These rock samples were dispatched to Acme Labs in Vancouver for multi-element and fire-assay analysis and returned the positive grades for Silver and Copper.

Santo Mining Corporation announce that it has signed a definite agreement to acquire 100% of the Richard gold exploration application located just 200 meters southeast of Barrick gold in the mineral-rich "Los Ranchos" geological formation of the Hispaniola Gold-Copper Back-Arc. This definitive agreement is part of the company's aggressive expansion of its portfolio of precious and base metal exploration concession applications assets in its quest for near-term production opportunities. The 220 hectare Richard Claim is strategically located just 200 meters southwest of Barrick Gold's Pueblo Viejo mine, a world class gold mine with probable and proven gold reserves of 25.3-million-ounces. Barrick Gold recently announced that it has invested approximately $4 Billion into the operation of the Pueblo Viejo mine. The prospective polymetallic Richard claim is situated in the heart of the Maimón formation of the Hispaniola Gold-Copper Back-Arc, which is host to several other polymetallic volcanogenic massive sulphide ("VMS") type deposits, namely the Cerro de Maimón and the Loma Pesada deposits. In consideration for the Richard claim, the company paid a purchase price of $10,000, 1,000,000 shares of the company's common stock, par value of $0.00001, and a Net Smelter Royalty (SNR) of 5%. During the first three years Santo Mining has committed to invest a minimum of $200,000 in geological and mining exploration on the property and will be obliged to return the rights to the Seller should it default.

Santo Mining Corporation has entered into a $5 million investment agreement with Deer Valley Management to enable it to scale up exploration programs in the Caribbean country.