MGOLD RESOURCES INC (TSX VENTURE:MNI), is pleased to announce that Randall
(Randy) S. Marshall, P. Eng. has accepted the position of Vice President of
Production for MGold Resources Inc. Mr. Marshall is a Member of the Association
of Professional Engineers, Geologist and Geophysicists of Alberta and the SPE.
He is a Senior Executive in the Upstream Sector of the Oil and Gas Industry with
proven skills in achieving value through strengths in economics, property
evaluations, drilling, completions, work overs, facility design and
construction, pipe line design and construction, production operations, project
management, engineering and administration. Mr. Marshall's experience spans over
50 years. 


MGOLD RESOURCES INC. is also pleased to announce that Sandra (Sandy) L. Marshall
has accepted the position of Corporate Secretary for the Company. Ms. Marshall
is a member of the Canadian Society of Corporate Secretaries; Society of
Corporate Compliance and Ethics and the Society of Corporate Secretaries and
Governance Professionals; as well as being an Honoured Member of the Stanford
Who's Who. She is an accomplished executive in the oil and gas industry with
well over two decades of diverse professional experience with various companies.
She has routinely demonstrated the passion, vision, goal orientation, dedication
and diligence necessary to be mentioned among the elite. 


One of MGOLD RESOURCES INC. goals is to continue to increase shareholder value.
Having Randy Marshall and Sandy Marshall accept the above positions is integral
in accomplishing these goals and we are pleased to welcome them to our team.


MGold Resources Inc.  is a Lethbridge, Alberta based corporation engaged in the
exploration for minerals. The Corporation's common shares are listed on the TSX
Venture Exchange under the trading symbol "MNI".


FOR FURTHER INFORMATION PLEASE CONTACT: 
MGold Resources Inc.
John Squarek
President and Chief Executive Officer
403-388-0969
john.squarek@mgold.ca

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