Himalayan Capital Corp. Shows Stockwork and Veinlet Hosted Copper Sulphide Mineralization in Rehabilitation of Underground Wo...

Himalayan Capital Corp. ("Himalayan" or the "Company") (TSX VENTURE:HIM) is
pleased to announce that work has commenced cleaning out the old underground
copper workings at La Higuera in preparation for geological mapping and
geochemical sampling. Access to the Juan Munoz Tunnel is being opened up and
this will be the first to be rehabilitated. Initial reconnaissance along the
tunnel has revealed stockwork and veinlet hosted chalcopyrite mineralization
within massive magnetite zones, (see Figures 1 and 2, below). This clearly
demonstrates that copper sulphide mineralization at La Higuera is not restricted
to the previously mined high grade structures, but is developed extending beyond
them. Mapping and sampling of these mineralized zones underground will provide
valuable geological information regarding the controls of mineralization and
will assist in planning future drill campaigns.


As discussed in the Company's National Instrument 43-101 technical report with
respect to the La Higuera Property (which is available on SEDAR under the
Company's profile at www.sedar.com), the Company's mineral properties cover the
La Higuera copper mining district with mining activity dating back to at least
the late 18th century. The Copiapo Mining Company, which was based in London,
England, commenced mining at La Higuera in 1832. Over 40 copper sulphide bearing
veins were reported to have been variously exploited in the district, with
individual workings reaching a maximum depth of 450 metres and a maximum length
of about 1,350 metres. However, most of the veins were mined to depths of less
than 120 metres.


The Geological Survey of Chile mapped the workings in 1949 and ENAMI (the
Chilean state-owned mining company) mapped the principal La Higuera workings in
1970. Himalayan has some of these maps, but by no means a complete set and their
accuracy is uncertain. A map of the Juan Munoz Tunnel is available and this
tunnel was developed later in the mining history to connect up the major old
underground mines. This tunnel extends for at least 1.5 kilometres and is the
focus of Himalayan's rehabilitation work. The planned rehabilitation activity,
geological mapping and geochemical sampling are major tasks, considering the
extent of the old underground workings.


Michael Easdon, M.Sc., CPG, an independent consultant to the Company, is a
"qualified person" as defined by National Instrument 43-101, and has reviewed
and approved the technical information and data included in this press release.


To view Figure 1 and Figure 2 (Stockwork and Veinlet Copper Sulphide
Mineralization in Old Mine Workings at La Higuera), please visit the following
link: http://media3.marketwire.com/docs/him313fig12.pdf. 


About Himalayan Capital Corp.

Himalayan Capital Corp. is a mineral exploration company with the rights,
through its wholly owned subsidiary Minera Azul Ventures Limitada, to acquire a
100% interest in a prospective copper-gold property in La Higuera, Chile (the
"La Higuera Property"). The La Higuera Property, which is located approximately
600 kilometres north of Santiago, was assembled as a result of the first-time
consolidation of mining rights in a historical copper-gold mining center and is
located in a prolific I.O.C.G. belt surrounded by excellent infrastructure in a
mining friendly jurisdiction.


The La Higuera Property covers a historic copper mining district with mining
activity dating back to at least the late 18th century; however, there has been
no known modern exploration conducted on the property. Since the consolidation
of the mining rights in June 2011, Minera Azul has initiated a rock sampling
program, completed geophysical work which has generated intense magnetic and
chargeability anomalies coincident with existing copper workings and has
commenced a 4,000 metre drill program.


Cautionary Statements

Information set forth in this news release may involve forward-looking
statements under applicable securities laws. Forward-looking statements are
statements that relate to future, not past, events. In this context,
forward-looking statements often address expected future business and financial
performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may",
"might", "could", "should", or "will" be taken or occur, or other similar
expressions. All statements, other than statements of historical fact, are
forward-looking statements. By their nature, forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause our
actual results, performance or achievements, or other future events, to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors include,
among others, the following risks: the need for additional financing;
operational risks associated with mineral exploration; market conditions;
fluctuations in commodity prices; title matters; environmental liability claims
and insurance; reliance on key personnel; the potential for conflicts of
interest among certain officers, directors or promoters with certain other
projects; the absence of dividends; competition; dilution; the volatility of our
common share price and volume and the additional risks identified in the "Risk
Factors" section of the Company's Filing Statement or other reports and filings
with the TSX Venture Exchange and applicable Canadian securities regulations.
Forward-looking statements are made based on management's beliefs, estimates and
opinions on the date that statements are made and Himalayan undertakes no
obligation to update forward-looking statements if these beliefs, estimates and
opinions or other circumstances should change, except as required by applicable
securities laws. Investors are cautioned against attributing undue certainty to
forward-looking statements.
Himalayan Capital Corp (TSXV:HIM)
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