American Consolidated Minerals Corporation
TSX VENTURE : AJC

American Consolidated Minerals Corporation

May 20, 2009 12:30 ET

American Consolidated Minerals Corporation: New President Appointed

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 20, 2009) - American Consolidated Minerals Corporation (the "Company") (TSX VENTURE:AJC) announces the appointment of Al Fabbro as President and director of the Company.

Mr. Fabbro has over 30 years experience in both the finance and mining industries. From 1984 to 1990, Mr. Fabbro headed the retail trading department of Yorkton Securities, followed by six years with Yorkton's Natural Resources Group. Most recently and for the past ten years, Mr. Fabbro was an investment advisor with Canaccord Capital, specializing in the natural resource sector. He recently left Canaccord Capital to pursue opportunities in the public sector.

Mr. Fabbro's appointment follows the resignation of Robert Eadie as President and CEO of the Company. "Al's expertise will be vital in growing American Consolidated Minerals, which has a strong portfolio of gold and copper properties with excellent potential," said Robert Eadie who continues to serve as a director of the Company.

American Consolidated is dedicated to the principles of environmentally sound mining practices and believes that environmental stewardship and mining can co-exist.

For details on the Company and its properties, visit the Company's website at www.americanconsolidatedminerals.com.

ON BEHALF OF THE BOARD:

Robert Eadie, Director

Neither the 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 release.

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