Adriana Resources Inc.

Adriana Resources Inc.

February 12, 2010 16:29 ET

Adriana Announces Ronald P. Gagel as a New Director

TORONTO, ONTARIO--(Marketwire - Feb. 12, 2010) - Adriana Resources Inc. ("Adriana" or the "Company") (TSX VENTURE:ADI) announces that Mr. Ronald P. Gagel has been appointed as a director of the Company effective immediately. 

Mr. Gagel is a chartered accountant with more than 30 years of professional experience, predominantly in the natural resources sector. Mr. Gagel is currently the Senior Vice President and Chief Financial Officer of FNX Mining Company. Prior to this, Mr. Gagel was the Chief Financial Officer of Aur Resources Inc. Mr. Gagel has been a director of a number of public companies including FNX Mining Company, HudBay Minerals Inc. and Central Sun Mining (formerly Glencairn Gold Corporation and now part of B2Gold). Mr. Gagel has also been an active director of the Prospectors & Developers Association of Canada since 1997.

"I am thrilled that Mr. Gagel has accepted the appointment as a director of Adriana. Mr. Gagel's extensive experience in the resources sector will be an asset to our Board and to the future of the Company" said Mr. Allen J. Palmiere, President and Chief Executive Officer of the Company.

The Company also announces that its annual and special meeting of the shareholders of the Company will be held at 20 Toronto Street, 12th Floor, Toronto, Ontario on Thursday, April 8, 2010 at 11:00 a.m.

Adriana is currently focused on the advancement of its Lac Otelnuk world-class iron ore deposit located in the Labrador Trough, Nunavik, Quebec.


Allen J. Palmiere, President and CEO

Certain information regarding the Company, including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown risks and uncertainties. Without limitation, statements relating to potential mineralization and resources, mining exploration and development, future plans and objectives of the Company and imprecision of mineral resources estimates, are forward looking statements that involve various degrees of risk. Certain important risk factors could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements including, without limitation, changes in the world wide price of mineral commodities and currency fluctuations, general market conditions, the uncertainty of future profitability and access to sufficient capital, risks inherent in mineral exploration, development, construction and mining operations, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, environmental risks, access to labour and services and competition from other companies. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements and caution should be exercised on placing undue reliance on forward looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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