LOM

Adriana Resources Inc. ("Adriana" or the "Company") (TSX VENTURE:ADI) is pleased
to announce that it has filed its audited consolidated financial statements for
the year ended December 31, 2013. The Company had cash on hand of $41.6 million
as at December 31, 2013, representing $0.26 per issued and outstanding common
share, and provides the Company with the financial resources to meet all of its
currently anticipated expenditures through 2015 as the Lac Otelnuk Project
advances through feasibility and permitting. Adriana owns 40% of Lac Otelnuk
Mining Ltd. ("LOM") which is a joint venture company with WISCO International
Resources Development & Investment Limited ("WISCO") which in turn holds the Lac
Otelnuk Property in Nunavik, Quebec. 


LOM continues to advance the project. LOM engaged SNC-Lavalin in October 2013 to
provide a feasibility study for the Lac Otelnuk Project. After the completion of
the bench scale, pilot plant testing programs and the geotechnical and
geo-mechanical investigation programs, the project process design, mine
planning, tailings management facility, water management system and general site
planning are well advanced and the feasibility study is 30% complete. The
project is on schedule and on budget. Recently, LOM also awarded the feasibility
studies for the Power Transmission Line, the Product Delivery Corridor Study and
the Port Facilities to SNC-Lavalin in January and February of 2014. We
anticipate that the feasibility study for the entire project will be complete in
2014.


During the fourth quarter of 2013, management engaged a third party to undertake
a market study to determine whether, in light of the existing economic
environment, global markets could support the development of the Company's port
facility land into a financially viable iron ore export terminal. For reasons
including excess port capacity and a lack of growth in independent local mining
production, the third party concluded that such a port development would not be
economically viable in the foreseeable future. As a result, management engaged
another third party to determine the recoverable amount of the land. The
recoverable amount of the port facility land was determined to be $4.7 million
and the Company wrote-down the land to its third party appraised fair value. 


The Company has determined that it will not proceed with the development of the
land into a port facility at this time, and is considering various strategic
alternatives on how to best proceed with the port facility land, including the
potential sale of the land.


Xiaogang Hu, P. Eng, the Project Director for LOM, is the Qualified Person
within the meaning of National Instrument 43-101 who reviewed and approved the
technical information related to LOM contained in this news release.


ON BEHALF OF ADRIANA RESOURCES INC. 

Allen J. Palmiere, President and CEO

For more information, please visit the Company's website at
www.adrianaresources.com.


Certain information regarding Adriana and LOM, may constitute forward-looking
statements under applicable securities laws and necessarily involve known and
unknown risks and uncertainties. Certain important risk factors could cause the
Company's actual results to differ materially from those expressed or implied by
such forward-looking statements including, without limitation, changes in the
world wide price of mineral commodities and currency fluctuations, general
market conditions, the uncertainty of future profitability and access to
sufficient capital. As a consequence, actual results may differ materially from
those anticipated in the forward-looking statements and caution should be
exercised on placing undue reliance on forward looking information.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this press release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Adriana Resources Inc.
Allen Palmiere
President & CEO
apalmiere@adrianaresources.com


Adriana Resources Inc.
Connie Dos Santos
Director, Investor Relations
416-363-2200
cdossantos@adrianaresources.com
www.adrianaresources.com

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