Simberi Mining Corporation
TSX VENTURE : SAU

Simberi Mining Corporation

November 28, 2007 11:11 ET

Lambina Property in South Australia Receives Approval to Commence Drilling & Simberi Files Its Third Quarter Financial Statements

TORONTO, ONTARIO--(Marketwire - Nov. 28, 2007) - Simberi Mining Corporation ("Simberi") (TSX VENTURE:SAU), announces today that the Company has received approval to undertake a six month drilling and exploration program on the Lambina property from the Mining Regulation and Rehabilitation Branch of the Government of South Australia. Simberi has completed its Aboriginal Work Clearance Survey (Please refer to press release dated September 12, 2007 for further details), and is now proceeding to engage a drilling company to conduct the drilling to test the anomalous zones.

Simberi also announces today it has filed with the Canadian securities authorities its Interim Financial Statements and Management Discussion & Analysis report for the quarter ended September 30, 2007. These documents may be viewed at www.sedar.com.

About Simberi:

Simberi is a junior resource company focused on the exploration and acquisition of developed low cost precious and base metal projects internationally. The company's main exploration project is the Kakanda Project copper/cobalt project in that Democratic Republic of the Congo. On site exploration of this project is being managed by Amari Holdings Simberi's joint venture partner. Simberi is also involved in several joint venture projects in Australia; Lambina, Mt. Sarah and Mt. Narlee primarily in the G-2 corridor within the Gawler Craton in South Australia that is the host for the copper/uranium/gold Olympic Dam type deposits.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". All dollar amounts are Canadian dollars unless otherwise noted.

Neither the TSX Venture Exchange, nor any other securities regulatory authority has approved or disapproved of the contents of this news release.

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