TORONTO, March 8, 2012 /PRNewswire/ – (TSXV: SSM) (BVL: SSM) Sunset Cove Mining today reports that it’s ground team working at
Carolay has found a fourth structure called Carolay 2. This new
structure is found parallel to the Carolay vein (310° of azimuth) but
with a different inclination equal to 78° to the northeast.

“This new structure which is located above the Carolay Vein has
confirmed our belief that the anomaly identified by the I.P. work
completed in 2010 and measured 200-meters contained numerous structures
that we hoped would be mineralized,” said Lorne Woods president of
Sunset.

This structure was found in an ancient work that is located near the
surface. It is located 65 meters from the Carolay adit. It is composed
of veinlets of silver sulfide, galena and sphalerite associated with Fe
and Mn oxides, as well as the mineralogy of the Carolay vein.

This Carolay 2 vein was sampled in a adit 20 meters long and systematic
channel samples spaced every two meters. The results reported 57.00g/t
silver, 0.05% Cu, 0.19% Pb and 0.41% Zn with an average width of 0.84
meters. The width of this structure varies from 0.51 to 1.38 meters.

“It is becoming apparent to the geological team, led by Carlos Villon,
that the drilling program currently underway should return some
interesting results,” said Mr. Woods

Please see the attached map for more details.

Quality Assurance – Quality Control

The Carolay property exploration program is under the supervision of Mr.
Alain-Jean Beauregard P.Geo. of Geologica Inc. an independent
consultant and Qualified Person as designated by National Instrument
43-101 who has reviewed the technical content of this release. Mr.
Bratzon Salvador, Operations manager, supervises exploration at Sunset
Cove’s projects. All technical information for the company’s projects
is obtained and reported under a formal quality assurance and quality
control (QA/QC) program.

About Sunset Cove

Sunset Cove Mining Inc., is a dynamic Canadian junior mineral
exploration and development company dedicated to driving shareholder
value through the economical acquisition, exploration and development
of precious metals and copper properties in proven Latin American
locations to the point where they become attractive joint venture or
acquisition targets. Sunset Cove is in Peru now, because now is the
time to be in Peru, and has a wholly owned Peruvian subsidiary, Minera
Sunset Del Peru S.A.C based in Lima, and is building a Peruvian mining
portfolio in precious metals and copper, with two properties under
contract.

Forward-Looking Statements

Some of the statements contained herein may be forward-looking
statements that involve known and unknown risks and uncertainties.
Results presented in this press release are exploratory in nature.
Historical data, if mentioned, should not be relied upon, as they are
not admissible under NI 43-101 rules and the Company has not conducted
sufficient testing to verify this type of information. Without
limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the
Company are forward-looking statements that involve various degrees of
risk. The following are important factors that could cause the
Company’s actual results to differ materially from those expressed or
implied by such forward-looking statements: changes in the world-wide
price of mineral commodities, general market conditions, risks inherent
in mineral exploration, risks associated with development, construction
and mining operations, the uncertainty of future profitability, and the
uncertainty of access to additional capital. Sunset Cove disclaims any
obligation to update any such forward-looking statements.

“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 release.”

SOURCE SUNSET COVE MINING INC.

Image with caption: “Map of Carolay 4 and 2 (CNW Group/SUNSET COVE MINING INC.)”. Image available at: http://photos.newswire.ca/images/download/20120308_C2694_PHOTO_EN_10948.jpg