Rusoro Mining Limited
TSX VENTURE : RML

Rusoro Mining Limited

September 27, 2007 09:15 ET

Rusoro Mining Ltd. Appoints Omar Salas as CFO

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 27, 2007) - Rusoro Mining Ltd. (TSX VENTURE:RML) is pleased to announce the appointment of Mr. Omar Salas to the position of Chief Financial Officer effective immediately. Mr. Salas brings many years of financial expertise in the mining industry to the Company's executive management team.

Mr. Salas has previously held several senior finance oriented positions in the industry, most recently as Director of Finance for Glencairn Gold Corporation. He also brings direct experience in Venezuela as he was formerly the Financial Controller for Placer Dome's operations in the country. Mr. Salas, a fluent Spanish speaker, has over 30 years of experience directing financial operations on several major development projects in the resource industry, in addition to leading M&A due diligence mandates on various projects in Latin America and Africa. Mr. Salas is a Certified Management Accountant and holds a Master in Business Administration from McGill University in Montreal.

Company President George Salamis states, "I am very pleased to welcome Mr. Salas into Rusoro's executive management group. Omar's extensive financial and mining industry experience will be of considerable benefit to the Company as we continue to execute our growth strategy in Venezuela."

The Company would like to thank outgoing Chief Financial Officer, Cheryl Messier, for her diligence and service since the Company's inception and wishes her the very best in her future endeavors.

About Rusoro

Rusoro Mining Ltd. is a junior gold producer focused in Bolivar State, Venezuela. The Company has discovered well over 4 million ounces of gold to-date and is currently engaged in an aggressive program of exploration, development and mill expansion to significantly expand gold production through 2008 and 2009.

ON BEHALF OF THE BOARD

George Salamis, President

The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release.

Contact Information

  • Rusoro Mining Ltd.
    George Salamis
    President
    (604) 682-1545 or Toll Free: 1-800-668-0091
    (604) 682-1514 (FAX)
    Email: info@rusoro.com
    Website: www.rusoro.com