GOLCONDA RESOURCES LTD.
TSX VENTURE : GA

GOLCONDA RESOURCES LTD.

August 18, 2008 14:46 ET

Golconda Announces Resignation of Director

CALGARY, ALBERTA--(Marketwire - Aug. 18, 2008) - Golconda Resources Ltd. (TSX VENTURE:GA), (the "Corporation") announces that Robert E. Crancer has submitted his resignation from the Corporation's board of directors effective immediately. The Corporation thanks Mr. Crancer for his service as a director and will be announcing certain new directors in due course.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

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