F.D.G. Mining Inc.

F.D.G. Mining Inc.

September 27, 2011 16:13 ET

F.D.G. Mining Inc.: Appointment of New Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 27, 2011) - F.D.G. Mining Inc. (TSX VNTURE:FDG) ("FDG" or the "Company") is pleased to announce that Andres Tinajerohas been appointed as our Chief Financial Officer effective November 1st, 2011. Mr. Tinajero replaces James Hurren, who has stepped down as Chief Financial Officer. The Company wishes to thank Mr. Hurren for his contribution to the Company during his tenure.

Mr. Tinajero has over 15 years of business experience, having supported a broad range of industries, including not for profit, manufacturing, mining, and retail; establishing a strong accounting and business skill set, transitioning into the public sector serving in leadership roles for small and medium sized companies in extractive industries. During this same period, he has served as Controller and CFO of a number of start-ups and medium sized public companies across Canada, with operations in North and Latin America. He holds degrees in Business Administration and an MBA, is a Member of the Canadian Institute of Certified Management Accountants, and a Member of the Institute of Corporate Directors.

Mit Tilkov, President and CEO of F.D.G. Mining comments: "With FDG's properties and operations in Nicaragua, Andres will provide bilingual support to our Canadian and Nicaraguan management teams. His financial qualifications and Latin American experience will be a welcome addition to FDG's strong management team."

In conjunction with his appointment as CFO, the Company has granted Mr. Tinajero an incentive stock option to purchase up to 200,000 common shares for a term of five years at an exercise price of $0.25 per share.

About F.D.G. Mining Inc. (www.fdgmining.com)

F.D.G. 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

Mit D. Tilkov, President and Chief Executive Officer

This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. See the cautionary statement "Forward-Looking Statements" and "Risk Factors" in the Company's prospectus dated April 14, 2011 available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

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 news release.

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