SOURCE: Brazil Gold Corp.

January 27, 2011 10:08 ET

Brazil Gold Appoints Veteran Mining Exec to Advisory Board

Jose Pinedo Brings Latin American Legal and Due Diligence Expertise

BELLEVUE, WA--(Marketwire - January 27, 2011) - Brazil Gold Corp. (OTCBB: BRZG) ("Brazil Gold"), a precious metals exploration company focused on the Amazon region of Brazil, today announced it has appointed Jose Pinedo as a member of the Company's Advisory Board and engaged him as a Company consultant.

Mr. Pinedo brings more than 20 years experience in resource-based domestic and international law including senior management positions at Placer Dome (Barrick Gold) in Venezuela. He joins Leigh Freeman and Dr. Chuck Thorman as recent additions to the Company's growing management team of senior mining experts with strong experience in Latin America.

Commenting on Mr. Pinedo's appointment, Phil Jennings, Brazil Gold President, said, "Jose is highly regarded as one of the top legal experts in the Latin American mining industry and fulfills a vital role ranging from legal, due diligence and mining administration to permitting, operations, corporate governance and more. He reinforces an outstanding team of veteran, highly accomplished mining executives who share my vision for Brazil Gold as we seek to build a portfolio of valuable mineral properties. I am delighted to welcome him on board."

Jose Pinedo
Mr. Pinedo has more than 20 years experience in resource-based domestic and international law and management. From 1994 to 2006, he worked with Placer Dome (now Barrick Gold). There, he served sequentially as House Counsel, General Manager and President of their Venezuelan subsidiary (owner of the Las Cristinas gold mine project), before assuming the role as Manager, Strategic Development for Compania Minera Zaldivar and ultimately as Vice President, General Counsel and Secretary for Placer Dome Americas based in the U.S. In this latter capacity Mr. Pinedo had legal and administrative responsibilities for over 15 companies, seven operating mines and three major projects. He is a graduate of Universidad Catolica Andres Bello in Venezuela and holds Master's degrees (LL.M) in International Law from Tulane University and in Corporate Law from New York University.

Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. The statements by our officers, and other statements regarding: optimism related to the business; expanding exploration and development activities; conversion of an LOI into, and completing, a binding agreement for mineral project acquisitions; as well as the prospects, forecasts and projections for such mineral projects under LOI or owned; and other statements in this press release are forward-looking statements. Such statements are based on current expectations, estimates and projections about the Company's business. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

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