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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/13/13 -- Sona Resources Corp. (the "Company" or "Sona") (TSX VENTURE: SYS)(FRANKFURT: QS7) is pleased to announce that it has signed a memorandum of understanding ("MOU") with China Machinery Engineering Corporation ("CMEC") of Beijing for an engineering, procurement and construction contract ("EPC"). This will facilitate development of Sona's Blackdome-Elizabeth Gold Project (the "Project"), located in the Clinton and Lillooet Mining Districts of British Columbia, approximately 220 kilometres north of Vancouver.

Based on the terms of the MOU for the Project, CMEC will:

--  Assist Sona with the arrangement of a buyer's credit for production debt    financing for the Project, through one or more Chinese financial    institutions, for 85 percent of the capital requirements for the    construction and commencement of mining operations, up to US$55 million;--  Construct and deliver turnkey operations for the Project, based on an    industry-standard engineering, procurement and construction ("EPC")    contract;--  Provide for ongoing resource definition and expansion, and;--  Collaborate with Sona to implement an employment skills training program    for personnel.

The EPC contract will include, but is not limited to, the costs of engineering, procurement, design, civil works and other construction expenses; transportation of equipment; labour; all ancillary buildings, electrical equipment and power sources; and all related mine and administrative infrastructure, to commence commercial production at the Project.

Nick Ferris, Sona's Executive Chairman, says, "We are delighted to have this agreement with CMEC. It is an international engineering group with an excellent reputation for the design, engineering and construction of high-quality industrial and infrastructure projects worldwide. We look forward to working with CMEC to expedite the commencement of gold production at the Blackdome-Elizabeth Gold Project."

The transaction is subject to a number of conditions, including but not limited to the completion of a due diligence review by CMEC and its affiliates, definitive documentation for the project financing and the EPC contract, and approval by the TSX Venture Exchange and Sona's board of directors.

The table below outlines the key parameters of the MOU between CMEC and Sona.

----------------------------------------------------------------------------Terms                              Blackdome-Elizabeth Gold Project----------------------------------------------------------------------------Operator                           Sona or a Sona-appointed contractor----------------------------------------------------------------------------Loan amount                        Up to $55 million----------------------------------------------------------------------------Interest rate                      8%----------------------------------------------------------------------------Term                               Eight years----------------------------------------------------------------------------Loan repayment                     60% of mine cash flow----------------------------------------------------------------------------Percentage of financing by lender  85%----------------------------------------------------------------------------Percentage of financing by Sona    15%----------------------------------------------------------------------------Grace period                       Principal and interest payments commence                                   three months after full commercial                                   production is achieved----------------------------------------------------------------------------Timing of definitive EPC contract  February 28, 2013. May be extended by                                   mutual agreement----------------------------------------------------------------------------