Source - MKW
FOR:  MINERA IRL LIMITED

LMA SYMBOL:  MIRL

September 12, 2016

Minera IRL Limited Reports Change of Directors

LIMA, PERU--(Marketwired - Sept. 12, 2016) - Minera IRL Limited ("Minera IRL" or the "Company") (BVLAC:MIRL) 
announces that George M Bee, who in June 2016 joined the Company board, has regretfully tendered his resignation 
with immediate effect. Mr. Bee will be assuming a senior full-time role which will make his continued 
participation on the board untenable.

The Company also announces that Robert W. Schafer, has accepted an invitation to join the Board of Directors of 
the Company as an Independent Director. Mr Schafer is a seasoned industry professional and is currently President 
of the Prospectors and Developers Association of Canada (PDAC) and Chief Executive and Founder of Eagle Mines 
Management. During his career, Mr. Schafer has also held senior roles with Hunter Dickinson, Kinross Gold and BHP-
Billiton.

Mr. Francis O'Kelly, Chairman, commented: "I wish to thank George for his valuable assistance with restructuring 
the corporate profile of the Company and for his technical contributions to advance the Ollachea Gold Project as 
well as taking this opportunity to wish him every success with his new assignment. I'd also like to extend a very 
warm welcome to Bob Schafer, whose wide ranging experience will greatly assist the Company in completing its 
restructuring, advancing the Ollachea project through to production and regaining the trust of all our 
stakeholders."

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information 
contained in this news release.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Minera IRL Limited
Carlos Ruiz de Castilla
Interim Chief Financial Officer
+1 778 387 5434

OR

Minera IRL S.A
Diego Benavides Norlander
President & CEO
+51 1 418-1230

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Minera IRL Limited

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