Toachi Mining Inc. announce the completion of the second last payment required as part of the earn-in agreement on the La Plata high grade gold copper-rich volcanogenic massive sulphide (“VMS”) polymetallic project. In addition, the Company notes that the La Plata project is featured in the Ecuador government’s mining project initiative. Option Agreement Update: Pursuant to the option agreement dated October 28th 2015, Toachi completed a cash payment of USD 350,000 as required for November 2018. The Company has now completed USD 1.0 million in option payments while completing over USD 4.0 million of exploration expenditures on the La Plata project. In doing so, the Company has fulfilled all financial obligations required at this time. A final payment of USD 1.0 million by November 2019 is required to finalize the earn-in agreement and obtain a controlling ownership position of 60% of the La Plata project, located near Quito in Ecuador. At its discretion, the Company reserves the right to accelerate the final payment in order to assume operational control.