FDG Mining Inc.

FDG Mining Inc.

June 05, 2012 12:14 ET

FDG Mining Announces Appointment of New CEO and President

TORONTO, ONTARIO--(Marketwire - June 5, 2012) - F.D.G. Mining Inc. ("FDG" or the "Company") (TSX VENTURE:FDG) announces that it has accepted the resignation of Mr. Daniel Farrell as Chief Executive Officer, President and a director of the Company, effective May 31, 2012, and is pleased to announce the appointment of Mr. David Dunn as Chief Executive Officer and President, in his stead.

Mr. Dunn has been a director of the Company since November 11, 2011 and has over 42 years of experience in the mineral exploration industry, including 26 years of professional experience in all aspects of exploration geology, from project inception to major drill programs. He has served as an officer of numerous public companies and assisted in raising capital and corporate planning.

The Board of Directors and Management would like to thank Mr. Farrell for his contributions to the Company and wish him success in his future endeavors.

About FDG Mining Inc. (www.fdgmining.com)

FDG Mining Inc. is a Canadian junior mining company engaged in acquisition, exploration and development of precious metal properties in Nicaragua. The Company is currently focused on advancing its core property, the past-producing 9300 hectare Topacio gold concession. Topacio has an NI 43-101 compliant inferred resource of 680,000 tonnes grading 5.2 g/t gold and 34 g/t silver, and a similar geological setting to B2Gold's La Libertad and El Limon mines to the northwest. FDG trades on the TSX Venture Exchange under the symbol FDG.

On Behalf of the Board of Directors

Alan T. Charuk, 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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