Suramina Resources Inc.

Suramina Resources Inc.

September 26, 2007 09:45 ET

Suramina Appoints J. Patricio Jones as President and CEO

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2007) - Suramina Resources Inc. ("Suramina") (TSX:SAX) is pleased to announce the appointment of Dr. J. Patricio Jones as President, CEO and a Director of the Company effective as of October 1, 2007. Dr. Jones replaces Mr. Paul Conibear who will resign as President and CEO, remaining a Director of the Company.

Dr. Jones brings to the Company over 35 years of highly successful exploration management. Based in Buenos Aires, Argentina, Dr. Jones has particular expertise in the mineral opportunities of South America and has been responsible for the discovery and initial development of some of the world's largest mines including Veladero and Bajo de la Alumbrera. Dr. Jones holds a Master of Science degree in geology from Witwatersrand University and a Doctorate from La Plata University. Dr. Jones spent the early part of his career in the gold and platinum fields of South Africa before joining Inco and then BP Minerals in the early 1980's, heading up several of their highly successful South American exploration programs. With the discovery of three tin mines, Sa Da Onca, Sa Da Cacimba and 14 Abril in Rondonia, Brazil, to the credit of teams led by him, Dr. Jones joined the Lundin Group in the late 1980's and was instrumental in the Group's enormous success in Argentina and Chile.

Lukas Lundin, Chairman of Suramina, commented, "We are very pleased to have Patricio join the Board and head up Suramina's operations as President and CEO. His successful track record is unparalleled and he is truly one of the best minefinders in the industry. Patricio was responsible for the assembly of Suramina's portfolio of top-class exploration assets in Argentina and Chile and we look forward to great success and growth."

Mr. Lundin further commented, "We would like to thank Paul Conibear for his excellent leadership over the past few years and look forward to his continued input in the Company. Paul's resignation as President and CEO will allow him to more fully focus on his role as Senior Vice President - Projects for Lundin Mining Corporation."

The Company also announces the appointment of Dr. Craig Feebrey as Executive Vice President Exploration. Dr. Feebrey specializes in porphyry and epithermal styles of mineralization and has over 14 years experience in project generation, evaluation, and business development in more than 20 countries worldwide, including Central and South America.

On Behalf of the Board

Lukas H. Lundin, Chairman

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