GOLCONDA RESOURCES LTD.
TSX VENTURE : GA

GOLCONDA RESOURCES LTD.

February 26, 2010 15:25 ET

Golconda Announces Chairman of the Board

CALGARY, ALBERTA--(Marketwire - Feb. 26, 2010) - GOLCONDA RESOURCES LTD. ("Golconda") (TSX VENTURE:GA) is pleased to announce that Robert J. Hunt has been appointed to its board of directors and will become its chairman.

Mr. Hunt has an extensive background in the oilfield service sector. He was the Senior Vice President of Akita Drilling Ltd. and subsequently the President of Horizon North Logistics Ltd.. Mr. Hunt has been a leader in developing successful business ventures with Aboriginal corporations and communities in the North West, Yukon and Nunavut Territories, Alaska, Alberta, Saskatchewan, and British Columbia.

Mr. Hunt is a member of the Canadian Association of Drilling Engineers, the Institute of Corporate Directors and the Strategic Leadership Forum. He was a founding member of SHARE in the Mackenzie Delta, NWT. SHARE is a safety and environmental program adopted by industry and service companies working in the Inuvialuit Settlement Region.

Robert J. Hunt joins the current board members David Mullen, Howard Coopersmith, Tom Callicrate and Gerald Gilowicz.

The appointment of Mr. Hunt is subject to regulatory approval.

Golconda Resources is in the business of exploration drilling in western and northern Canada, and mineral property exploration and development in British Columbia and Nevada.

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