SOURCE: Gold Bag, Inc.

December 13, 2010 09:00 ET

Dorian Nicol Joins Board of Directors of Gold Bag, Inc.

RENO, NV--(Marketwire - December 13, 2010) - Gold Bag, Inc. (PINKSHEETS: GBGI) (OTCBB: GBGI) announces the appointment of Dorian L. (Dusty) Nicol to its board of directors and as a member of the previously announced investment advisory board. Mr. Nicol is currently President and CEO of Tournigan Energy Ltd., a TSXV listed exploration and mining Company. Mr. Nicol has over 30 years of international experience in mineral exploration and mining. His past positions include Executive V.P. - Exploration with Yukon-Nevada Gold, President and CEO of Queenstake Resources, Latin America Manager for Canyon Resources, V.P. Exploration for Castle Exploration with programs in Central America and Africa, and exploration positions with Exxon Minerals and Renisson Gold Fields in Papua New Guinea.

Among other achievements, his programs have led to the addition of over 1.5 million ounces of gold at Jerritt Canyon, Nevada, including the discovery of a new mine at Starvation Canyon. He is a member of the American Institute of Professional Geologists and a Fellow of the Society of Economic Geologists. He has a B.Sc. in geology from M.I.T. and a Master's Degree in Geology from Indiana University, and is fluent in five languages.

Grant White, CEO of GBGI, commented, "GBGI has now added two senior geologists to its board of directors over the past week which will prove invaluable in evaluating potential acquisitions and in our investment decisions regarding development of our acquired assets. In addition to his geological expertise, Dusty's experience in senior management of public companies over the last 12 years will be a welcome asset to the Company."

About Gold Bag Inc.

Gold Bag Inc. is a Company focused on acquiring and developing gold mining properties primarily in the Americas including a recently signed option agreement with Victoria Gold for two properties in the Timmins Mining District and through its wholly owned subsidiary Focus Gold Mexico Corp. it has an agreement to acquire the Huicicila mine in Mexico. For further information please visit www.focusgoldcorp.com.

Contact Information

  • CONTACT:

    Gold Bag, Inc.
    Grant White
    CEO
    (416) 593-8034 ext. 2115

    Investor Relations:
    Desert Son
    Kurt Schemers
    (623) 465-0844

    Or

    Small Cap Power
    Mark Thorburn
    (416) 646-1941