Auryx Gold Corp.

Auryx Gold Corp.

August 20, 2010 08:30 ET

Auryx Gold Announces the Addition of David Hodgson to its Board of Directors

TORONTO, ONTARIO--(Marketwire - Aug. 20, 2010) - Auryx Gold Corp. ("Auryx" or the "Company") (TSX:AYX) is pleased to announce the addition of David Hodgson to its Board of Directors. Mr. Hodgson was employed by the Anglo American and De Beers group of companies for over 30 years. From November 2001 through to his retirement in April 2005, Mr. Hodgson served as the Chief Operating Officer of Anglogold Ashanti, where he was responsible for overseeing the production of approximately six million ounces of gold per annum, from 22 operations. Mr. Hodgson is currently a Director of Uranium One, Inc. and was formerly a Director of Moto Gold Mines Ltd

The President of Auryx Gold, Tim Searcy, comments: "Mr. Hodgson has an extraordinary level of experience in directing the development and operations of gold mining projects in Africa and around the world. He is also one of very few people with experience specific to gold operations in Namibia. We are very pleased to have Mr. Hodgson join Auryx's Board of Directors and we look forward to deriving his insights on project development as we advance the Otjikoto gold deposit towards development."

Subject to TSX approval, Mr. Hodgson will be granted Company options with an exercise price of CAD 0.55 per share, subject to various vesting and termination provisions, and will expire five years after issuance.

About Auryx Gold Corp.

Auryx Gold Corp. (TSX:AYX) is a Canadian growth-focused, resource company engaged in the acquisition and exploration of gold projects in Namibia. The Company is currently advancing the Otjikoto gold deposit, located 300km north of Namibia's capital city, Windhoek.

By virtue of its location, the Project benefits significantly from Namibia's well established infrastructure with paved highways, a railway, power grids, and the water grid all close by.

Located in southwest Africa, Namibia is mining-friendly and lauded as one of the continent's most politically and socially stable jurisdictions.

On behalf of the Board of Directors

Tim Searcy, P.Geo., President

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