Mexivada discovers visible gold zones at Mayoko Project, Republic of Congo

Mexivada Mining Corp. is
pleased to announce that visible gold has been found at two localities on
its Mayoko gold project, associated with Archean oxide facies banded iron
formations. The President of Mexivada, Richard Redfern, just returned from
a field trip to examine progress on site at Mexivada's projects in the
Republic of Congo ("ROC"), where one of its senior North American
consultants is guiding the project work, along with Mexivada's project
chief, Dr. Noel Watha-Ndoudy. Mexivada also completed its initial 4-trench
program at Bikelele, on its Bitsandou diamond concession, using a large
track-mounted excavator.
Visible gold has been found in chlorite-altered, oxide facies,
magnetite-hematite rich banded iron formations ("BIF") and associated
breccia and vein quartz at the Lemagna and Lekoumou target areas at Mayoko.
Samples have been delivered to ALS Laboratories for rush fire assay
analysis. Mexivada has just begun work tracing out the Lekoumou target
zones along strike to determine their overall potential. Kessi reported
highly anomalous gold values of in excess of 4 grams per tonne gold in the
area in his PhD dissertation at Mayoko, but the gold potential here has
never been scientifically examined prior to Mexivada's present work effort.
The Lemagna BIF gold zone, which shows similarities to the famous Homestake
Mine BIF gold mineralization in South Dakota (+1,000 tonnes of gold mined
at a grade of +8 g/t Au), is being surveyed, mapped and sampled in detail
and possible strike extensions are being studied. A third possible en
echelon gold-bearing zone has been found to the southwest of Lemagna, where
prospectors developed pits and shafts into gold-bearing quartz along a
swampy area several hundred metres in length.
Mexivada has examined less than 10 percent of the prospective Mayoko
greenstone-BIF gold belt. The company feels that this area holds the
potential for the discovery of gold mineralization that could support a
large-scale mining operation. A highway and a functioning railroad system
run directly through the main project area, near the recently discovered
gold zones.
Mexivada's initial program of trenching at Bikelele, on Mexivada's
exclusive Bitsandou diamond concession area east of Mossendjo, has been
completed. Four trenches were excavated. The main trench was sited over a
spot where a 6 carat and 4 carat white diamonds were reported to have been
recovered and sold by local family prospectors. No kimberlites were
intersected in the program, but several prospectives areas of BIF were
uncovered, including sheared zones with breccia mineralization. Samples of
these rocks have been submitted to ALS for analysis. The search for
possible kimberlites will continue, as Mexivada narrows down the possible
areas for their occurrence. Mexivada is also conducting reconnaissance for
kimberlites in the nearby Carrefour (BRGM) and new Vouka target areas.
Mexivada has a geological/mining engineer and 4 wheel drive vehicle
dedicated to this program, based out of Mexivada's new Mossendjo field
office complex.
This press release and its contents have been reviewed by Richard R.
Redfern, Mexivada's President, who is a Certified Professional Geologist
and Qualified Person as defined under National Instrument 43-101.
About Mexivada Mining Corp.
---------------------------
Mexivada is a Canadian mineral exploration company focused on
identifying, acquiring, advancing, and joint venturing high-grade
Gold-Silver, Diamond, and Rare Metal exploration projects in Mexico,
Nevada, and the Republic of Congo. For further information, including area
maps and photos, please visit our web site at http://www.mexivada.com or contact
us by e-mail at info@mexivada.com.
ON BEHALF OF THE BOARD OF DIRECTORS

"RICHARD R. REDFERN"

Richard R. Redfern
President

The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.

Caution Concerning Forward-Looking Statements
This news release and related texts and images on Mexivada's website
contain certain "forward-looking statements" including, but not limited to,
statements relating to interpretation of mineralization potential, drilling
assay results, future exploration work, and the expected results of this
work. Forward looking statements are statements that are not historical
facts and are subject to a variety of risks and uncertainties which could
cause actual events or results to differ materially from those reflected in
the forward-looking statements, including, without limitation: risks
related to fluctuations in metals and diamond prices; uncertainties related
to raising sufficient financing to fund the planned work in a timely manner
and on acceptable terms; changes in planned work resulting from weather,
logistical, technical, governmental, social, or other factors; the
possibility that results of work will not fulfill expectations and realize
the perceived potential of the company's projects; uncertainties involved
in the interpretation of sampling and drilling results and other tests; the
possibility that required permits may not be obtained in a timely manner;
risk of accidents, equipment breakdowns or other unanticipated difficulties
or interruptions; the possibility of cost overruns or unanticipated
expenses in these work programs.
Forward-looking statements contained in this release are based on the
beliefs, estimates, and opinions of management on the date the statements
are made. There can be no assurance that such statements will prove
accurate. Actual results may differ materially from those anticipated or
projected. Mexivada Mining Corp. undertakes no obligation to update these
forward-looking statements if management's beliefs, estimates, opinions, or
other factors, should change.

Source : mexivada.com