Guerrero Ventures Commences Diamond Drilling at Biricu Project in Mexico's Guerrero Gold Belt - Video News Alert on InvestmentPitch.com

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2014) - Guerrero Ventures (TSXV: GV) has commenced diamond drilling at its Biricu Project in the Guerrero Gold Belt in Mexico.

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Guerrero, through its recently acquired subsidiary, Citation Minerals, has an option agreement with Esperanza Resources to acquire a 100% interest in the Biricu Project, comprising more than 41,000 hectares of highly prospective ground that management believes lies along direct on-strike extent of 5 skarn deposits in the Guerrero Gold Belt.

Two diamond drill rigs have been mobilized to the project and drilling of the initial targets has begun. A minimum of 5,000 metres of drilling is budgeted for this phase with anticipated completion near the end of the calendar year. This phase of drilling focuses on targets in the northern half of Biricu and commences in the Hornfels Hill and Punto Rojo target areas.

Both Hornfels and Rojo are characterized by alteration and mineralization in close contact with or within intrusive bodies. This setting is typical of known gold resources and is similar to other prospective and operating properties and mines in the Guerrero Gold Belt to the northwest.

A mapping and geochemical sampling program has also been initiated to expand on historic work over the company's extensive mineral holdings to refine targeting and identify additional prospective and potentially mineralized intrusive areas that warrant immediate follow-up. Any new areas that report alteration and/or mineralization fitting the Guerrero Belt model will be considered for immediate drill testing.

The shares are trading at $0.125, and with 52.3 million shares outstanding, the company is capitalized at $6.5 million.

For more information please visit the company's website at www.guerrero-ventures.com, contact David Baker, President & CEO, at 604-817-4211 or email info@guerrero-ventures.com.

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