Red Back Mining Inc.
TSX : RBI

Red Back Mining Inc.

October 16, 2009 11:54 ET

Red Back 2009 Q3 Results to Be Released November 3, 2009; Conference Call to Be Held November 3, 2009 at 11:00 a.m. Eastern Time

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 16, 2009) - Red Back Mining Inc. (the "Company" or "Red Back") (TSX:RBI) is pleased to announce that it will be reporting its 2009 third quarter results before market open on November 3, 2009. A conference call to discuss the results will be held at 11:00 a.m. Eastern Standard Time on November 3, 2009.

To participate in the call, please dial in 10 minutes before the conference starts and stay on the line (an operator will be available to assist you).

Dial-in Numbers: Ph. 416-644-3421 or Toll Free 1-800-594-3790 Conference ID: Red Back Mining

A replay of the conference call will be available from approximately two hours after completion of the live call until midnight on November 10, 2009.

Replay Numbers: Ph. 416-640-1917 or Toll-Free 1-877-289-8525 Passcode: 4174605#

Red Back Mining Inc. is an unhedged African focused gold producer. It owns and operates the Chirano Gold Mine in Ghana (90% interest) and the Tasiast Gold Mine in Mauritania (100% interest). Major plant expansions at both Chirano and Tasiast have been completed. Aggressive exploration programs aimed at increasing the Company's resource and reserve base at both Chirano and Tasiast are ongoing.

FORWARD-LOOKING INFORMATION

This press release contains "forward-looking information" that is based on Red Back's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Red Back's plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect", "anticipate", "intend", "estimate", "plan", "forecast", "project", and "believe" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Red Back's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to drilling results; the ability to raise sufficient capital to fund exploration; changes in economic conditions or financial markets; changes in prices for Red Back's mineral products or increases in input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Red Back disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.

ON BEHALF OF THE BOARD:

Richard P. Clark, President

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