Mantra Mining Inc.

Mantra Mining Inc.

April 23, 2009 13:11 ET

Mantra Mining Inc.-Appoints Rick Van Nieuwenhuyse as Chairman of the Board of Directors and Appoints Jerry Zieg as Vice President Exploration

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 23, 2009) - Mantra Mining Inc. (the "Company") (TSX VENTURE:MAN). The Company is pleased to announce that Rick Van Nieuwenhuyse, M.Sc., has been appointed as the Chairman of the Board of Directors of the Company. Mr. Van Nieuwenhuyse, the President and Chief Executive Officer of NovaGold Resources Inc., upon assuming management of NovaGold in 1998, successfully assembled a portfolio of world-class properties and a team of top industry professionals who turned NovaGold into one of North America's premier development stage mining companies, poised to become a mid-tier gold, silver and copper producer. Rick's vision and ability to follow through can be attributed to his 30 years of worldwide experience in the natural resource sector, including time as Vice President of Exploration at Placer Dome. Rick brings years of working experience and knowledge of Alaska, Western Canada, Africa and Asia, and has managed projects from grassroots discovery through to advanced exploration, feasibility studies and production. Rick holds a candidature degree in Science from the Universite de Louvain in Belgium, and an M.Sc. in Geology from the University of Arizona.

Raj Chowdhry, President of the Company, stated, "Mantra is delighted that Rick Van Nieuwenhuyse, the president of NovaGold and the co-winner of the Thayer Lindsley Award at this year's PDAC mining conference in Toronto has accepted the position as the Chairman of the Board of Directors of Mantra. Rick's overall back ground and experience together with his knowledge and familiarity with Alaska will allow Rick to guide the directors and management to successfully continue to build shareholder value."

Furthermore, Jerry Zieg, M.Sc., CPG has agreed to join the Company as the Vice President of Exploration. Jerry had joined NovaGold as a Senior Geologist for the Ambler project in 2005 and since 2006 had been responsible for the direction and oversight of the company's U.S. exploration efforts. Jerry has 30 years of experience as an exploration geologist working throughout the western U.S., Alaska, and internationally. Jerry's experience includes exploration for both sediment-hosted and volcanic-hosted massive sulfide deposits, porphyry copper deposits, epithermal gold deposits, sediment-hosted gold deposits, carbonate-hosted base metal deposits, and copper-cobalt and copper-nickel deposits, Prior to joining NovaGold, Jerry had spent 24 years working for Cominco American Inc. and later Teck Cominco American Inc. Jerry has an M.Sc. in geology and a B.A. in geology from University of Montana.

Mr. Chowdhry notes, "Jerry Zieg brings a wealth of experience and knowledge of the precious and base metal projects recently acquired by Mantra from NovaGold. Jerry will enable Mantra to plan and conduct exploration work, especially on the Colorado Creek project in an expedient manner, a property which has many geologic similarities to the 40 million ounce Donlin Creek gold deposit located in the upper Kuskokwim region of the Tintina Gold belt of Alaska and the Yukon."

The Company, in due course, will provide further details of the planned and budgeted exploration work on the projects in Alaska, once such details have been finalized.


Raj I. Chowdhry, C.A., President & CEO

Cautionary Notice: This release contains forward-looking statements regarding the Company's business or financial condition, including the possible completion of transactions. Actual results could differ materially from those described in this news release as a result of factors, including, but not limited to: the timing of and ability to obtain required regulatory approvals and other factors. The Company cautions that these and similar statements involve risk and uncertainties and are qualified by important factors, including competitive pressures, unfavorable changes in regulatory structures, and general risks associated with business, which could cause actual results to differ materially from those in the forward looking statement. Forward-looking statements are made in the context of information available as of the date stated. The Company undertakes no obligations to update or revise such statements to reflect new circumstances or unanticipated events as they occur, unless required by applicable law.

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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