SOURCE: Hidalgo Mining International

November 25, 2008 10:38 ET

Hidalgo Mining International Issues Silver Leaf Project Update

NEW YORK, NY--(Marketwire - November 25, 2008) - Hidalgo Mining International, Inc. (PINKSHEETS: HMIT) and North Bay Resources Inc. (PINKSHEETS: NBRI) ("North Bay") announced today that Hidalgo Mining International has been designated as the exclusive operator of the recently announced Silver Leaf Property project. Hidalgo also announced that Mr. Robert Howie, B.Sc. (Eng), has been engaged to lead the British Columbia silver mining project.

Mr. Robert Howie, BSc. (Eng) has a lifetime of technical experience having started his career in mining over 40 years ago. From 1964 to 2006, Mr. Howie has worked at various mining companies such as Wilder and Associates, Scepter Resources Ltd. and Mexican Hunter S.A. de C.V and in various countries such as Australia, Mexico, USA, Costa Rica and West Africa. Mr. Howie's technical expertise includes mine planning, design and layout (underground, open pit and dredging), hard-rock mining plant fabrication and installation, placer mining plant fabrication and operation, and geophysical survey design and execution. Mr. Howie's management skills include ground acquisition and exploration program planning and managing large work forces in foreign countries. He is familiar with changing third world mining and political policies, comfortable working under diverse political situations and has dealt diplomatically with Presidents and Ministers in various countries.

The company plans to further evaluate the near term production potential of these properties which have recently been acquired. Management is aggressively looking at expanding its holdings to increase shareholder value while near term production targets are being are being planned to go into production.

British Columbian government records, known as MINFILE, show that previous mining operations at the Silver Leaf mine have produced an average of 598 grams (19.2 ounces) per ton silver and the Riverside produced an average of 1,534 grams (49 ounces) per ton silver. Past production from the Slocan Prince mine averaged 10,000 grams (321 ounces) per ton silver and the Hampton mine averaged 16,817 grams (540 ounces) per ton silver. As documented in Assessment Report 23054 report, a recently discovered vein has possible assays as high as 657 ounces per ton silver. The Silver Leaf Property also includes the rights to the surface ore dump from the nearby Arlington mine. According to BC MINFILE 082FNW152 this surface ore represents proven reserves of 43,114 tons at 15.68 ounces per ton silver, or 676,238 ounces of silver.

About North Bay Resources Inc.

North Bay Resources Inc. engages in the acquisition, management, and development of precious metal and other mining properties. By combining state-of-the-art technology with traditional acquisition targeting, the company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through its subsidiaries and partners to their full economic potential.

About Hidalgo Mining International Inc.

Hidalgo Mining International Inc., an innovative mining company headquartered in Port Washington, N.Y., strives to increase shareholder value while implementing aggressive plans to target and acquire near term producing mining projects on a global scale. Hidalgo's management, directors, and advisors have a wealth of experience and knowledge in this rapidly growing industry that will ultimately result in the Company achieving its goal of becoming a medium size producer.

Disclaimer:

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Hidalgo Mining International to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. Hidalgo Mining International undertakes no duty to update any forward-looking statement(s) and/or to conform the statement(s) to actual results or changes in Hidalgo Mining International's expectations.

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