Rio Cristal Announces Termination of Option Agreement

Rio Cristal Resources Corporation (TSX VENTURE:RCZ)(BVL:RCZ) ("RCZ", "Rio
Cristal" or the "Company") announces that it has terminated its option agreement
to acquire the Bongara zinc property in Northern Peru effective May 16, 2013. 


Thomas Findley, President and CEO of the Company said, "We are disappointed to
drop the option to acquire the Bongara property but the lack of financing over
an extended period of time in the Canadian and Peruvian equity markets leaves us
no choice. The current option agreement includes significant payments which,
with the carrying cost of the property, the Company is unable to support. During
the past twelve months we discussed the possibility of establishing a joint
venture for the project with over a dozen companies but we were not successful
in the current environment."


"Going forward" Findley said, "we will seek strategic partners and investors so
that we may continue to explore for mineral projects in Peru, a country with
significant potential for mineral discoveries. The Company has identified six
projects which it would pursue as exploration projects if funding was
available."


About Rio Cristal Resources Corporation

Rio Cristal Resources is a Canadian corporation focused on exploration projects
in Peru. 


The Company's shares are listed on the TSX Venture Exchange and the Bolsa de
Valores de Lima (Lima Stock Exchange) under the symbol RCZ.


This news release includes certain "forward-looking information" under
applicable Canadian securities law, being the statements as to the Company's
plans to seek partners and investors. Although management considers such
statements to be reasonable, actual results could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's plans or expectations include
commodity prices, availability of capital and financing, general economic,
market or business conditions, and regulatory changes. Accordingly, you should
not place undue reliance on forward-looking information. The Company expressly
disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise
except as required by applicable securities legislation. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rio Cristal Resources Corporation
investor@riocristalresources.com
www.riocristalresources.com

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