Rusoro Mining Limited
TSX VENTURE : RML

Rusoro Mining Limited

April 19, 2007 09:15 ET

Rusoro Mining Limited: Positive Results Continue at Increible 6 Gold Project, Bolivar State, Venezuela

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 19, 2007) - Rusoro Mining Ltd. (TSX VENTURE:RML) is pleased to provide an update on its exploration activities in Bolivar State, Venezuela which are highlighted by the continued receipt of very positive drill results from the Increible 6 Gold Project.

- Results continue to enhance and expand the previously outlined mineralized zones with a significant new structure identified connecting the Elisa and Cristina Resources. An updated NI43-101 report will be underway shortly.

- All of the main zones at the Increible 6 Project remain open to depth.

- Over 80,000 metres of the 220,000 metres scheduled have been completed with eleven drills currently completing more than 22,000 metres per month on the Company's core projects.

At the Increible 6 Project the Company is very pleased to report that further results have been received for drill hole IC-07-346, of which 6.01 g/t over 46m was previously released. The weighted average of this lower zone now stands at 3.44 g/t over 129.6m and includes:



Table #1 Updated Weighted Averages for DDH IC-07-346
----------------------------------------------------------
Au g/t m from to
----------------------------------------------------------
----------------------------------------------------------
Lower Zone 3.44 129.6 392.0 521.6
incl 6.23 15.0 394.0 409.0
and 5.30 2.0 422.0 424.0
and 3.87 8.0 446.0 454.0
(i)incl 6.01 46.0 459.0 505.0
with 6.57 10.0 460.0 470.0
and 7.38 26.0 479.0 505.0
----------------------------------------------------------
(i)previously reported in news release March 19, 2007


These results are significant as they are an extension of a gold mineralized zone first intersected in previously reported drill hole IEL-160 (2.71 g/t Au over 123.5m). The Company has continued to step out from IEL-160 and IC-07-346 with a series of additional holes adjacent to and on the up dip portion of the structure, which now appears to connect the Elisa and Cristina Zones and form part of the Footwall Zone. Positive results from these holes have been received and are reported below:



---------------------------------------------------------------------
Drill Hole Type Au g/t m from to
---------------------------------------------------------------------
---------------------------------------------------------------------
IC-07-375 DDH 3.67 7.0 139.0 146.0
IC-07-376 DDH 5.46 8.2 146.0 154.2
and 2.47 13.0 165.0 178.0
IC-07-377 DDH 2.46 21.35 132.0 153.4
IRS-157 RC 2.52 12.0 23.0 35.0
---------------------------------------------------------------------
NOTES: 1) All thicknesses are core widths / true widths estimated
at 75-80%.
2) All weighted averages calculated using uncut assays.


The potential of this new structure lies in its proximity to the existing resource at the Elisa Zone to which it is connected (4.7 Mt @ 3.07 g/t for 465,000 oz indicated and 4.9 Mt @ 2.79 g/t for 440,000 oz inferred), and in the continuity of the structure as it moves closer to surface and toward the Cristina Zone.

The Company views these and other recently received results as very successful in supporting previous results and confirming the size potential of all the zones at the Increible 6 project. All of the main zones remain open to depth. Additional results from further infill and step out drilling in 54 holes (11 diamond drill holes and 43 RC holes) at the four main zones are attached to this news release and will be posted on the Company's website at www.rusoro.com.

Diamond drilling was conducted by Major Drilling of Moncton, New Brunswick, Canada and Core Biel Drilling of Puerto Ordaz, Venezuela. RC drilling was completed by AK Drilling of Peru. All drilling and drill sampling have been completed using industry standard practices. All drill core is described in detail and photographed and one half of the core remains for inspection and reference.

Sample analyses have been conducted at SGS labs and Triad Labs located in El Dorado and El Callao, Venezuela. All sample analyses were completed using industry standard practices and standard samples, blanks and duplicate check samples were randomly inserted into the sample stream to ensure quality control. A review of the QA/QC results shows no significant bias and all results are considered highly reliable. Sample rejects for all drill samples are stored in Rusoro's secure facilities in Tumeremo, Venezuela, and will continue to be available for any further testing which may be required. All QA/QC is completed under the direction of G.F. Smith, P.Geo.

Qualified Person: Mr. Gregory Smith, P.Geo., the Vice-President Exploration of the Company, is the Qualified Person as defined by National Instrument 43-101, and is responsible for the accuracy of this news release.

ON BEHALF OF THE BOARD

Mario Szotlender, President



Increible 6 Gold Project
------------------------------------------------------------------------
New DDH Drilling Results (19/04/2007)
------------------------------------------------------------------------
Drill Hole Zone Au g/t m from to
------------------------------------------------------------------------
------------------------------------------------------------------------
IC-07-331-A Olga/Enoc 0.28 7.0 85.0 91.0
IC-07-331-A Olga/Enoc 1.66 2.0 174.0 176.0
IC-07-332 Elisa 0.70 6.0 72.0 78.0
IC-07-332 Elisa 0.32 3.0 273.0 276.0
IC-07-332 Elisa 0.61 3.0 283.0 286.0
IC-07-332 Elisa 14.14 3.0 407.0 410.0
IC-07-332 Elisa 0.41 2.0 419.0 421.0
IC-07-332 Elisa 1.22 9.0 427.0 435.0
IC-07-332 Elisa 2.32 2.0 511.0 513.0
IC-07-333 Olga/Enoc 0.64 1.0 127.0 128.0
IC-07-334 Olga/Enoc 1.10 1.0 23.0 24.0
IC-07-334 Olga/Enoc 3.95 1.0 140.0 141.0
IC-07-334 Olga/Enoc 1.38 3.0 176.0 179.0
IC-07-335 Olga/Enoc 0.45 2.0 35.0 37.0
IC-07-335 Olga/Enoc 0.48 2.0 42.0 44.0
IC-07-335 Olga/Enoc 1.42 2.0 108.5 110.5
IC-07-335 Olga/Enoc 1.24 9.5 146.0 155.5
IC-07-336 Elisa 0.69 6.0 243.0 249.0
IC-07-336 Elisa 1.47 3.0 377.0 380.0
IC-07-336 Elisa 2.71 78.0 393.0 471.0
IC-07-336 Elisa 0.46 3.0 491.0 494.0
IC-07-336 Elisa 4.50 15.0 506.0 521.0 open
IC-07-337 Olga/Enoc 0.58 2.0 0.0 2.0
IC-07-337 Olga/Enoc 2.26 2.0 10.0 12.0
IC-07-338 Olga/Enoc 0.90 2.5 1.5 4.0
IC-07-338 Olga/Enoc 1.34 14.0 51.0 65.0
IC-07-338 Olga/Enoc 0.92 2.0 100.0 102.0
IC-07-339 Olga/Enoc 1.54 4.0 22.0 26.0
IC-07-339 Olga/Enoc 8.57 2.0 83.5 85.5
IC-07-340 Olga/Enoc 1.30 2.0 55.0 57.0
IC-07-340 Olga/Enoc 1.13 1.0 75.0 76.0
IC-07-340 Olga/Enoc 1.41 0.8 110.2 111.0
IC-07-340 Olga/Enoc 0.59 2.0 118.0 120.0
IC-07-341 Olga/Enoc 2.94 6.0 67.0 73.0
IC-07-341 Olga/Enoc 2.30 9.0 80.0 89.0
------------------------------------------------------------------------


------------------------------------------------------------------------
RC Hole Zone Au g/t m from to
------------------------------------------------------------------------
------------------------------------------------------------------------
IRS -118 Elisa 3.20 4.0 0.0 4.0
IRS -118 Elisa 0.93 2.0 49.0 51.0
IRS -119 Elisa 0.48 3.0 0.0 3.0
IRS -119 Elisa 2.61 1.0 60.0 61.0
IRS -119 Elisa 6.95 1.0 66.0 67.0
IRS -119 Elisa 0.56 10.0 77.0 87.0
IRS -120 Elisa 0.71 4.0 45.0 49.0
IRS -122 Elisa 2.29 12.0 19.0 31.0
IRS -123 Elisa 0.69 4.0 0.0 4.0
IRS -123 Elisa 1.10 21.0 23.0 44.0
IRS -123 Elisa 0.75 10.0 51.0 61.0
IRS -124 Elisa 1.11 1.0 45.0 46.0
IRS -124 Elisa 0.50 2.0 56.0 58.0
IRS -125 Elisa 1.17 9.0 0.0 9.0
IRS -125 Elisa 1.48 15.0 35.0 50.0
IRS -125 Elisa 3.47 15.0 55.0 70.0 open
IRS -126 Elisa 0.42 9.0 55.0 64.0
IRS -127 Elisa 1.67 3.0 49.0 52.0
IRS -127 Elisa 1.53 5.0 103.0 108.0
IRS -128 Elisa 0.54 5.0 20.0 25.0
IRS -128 Elisa 7.40 1.0 63.0 64.0
IRS -128 Elisa 3.80 35.0 82.0 117.0
IRS -129 Elisa 1.03 1.0 120.0 121.0
IRS -130 Elisa 0.51 6.0 82.0 88.0
IRS -130 Elisa 1.23 11.0 96.0 107.0
IRS -131 Cristina 1.70 1.0 186.0 187.0
IRS -133 Cristina 1.35 37.0 125.0 162.0
IRS -133 Cristina 0.91 2.0 188.0 190.0
IRS -134 Cristina 0.67 5.0 104.0 109.0
IRS -134 Cristina 0.64 3.0 160.0 163.0
IRS -134 Cristina 1.18 14.0 176.0 190.0 open
IRS -135 Cristina 0.92 3.0 114.0 117.0
IRS -135 Cristina 0.72 4.0 131.0 135.0
IRS -136 Cristina 0.71 2.0 104.0 106.0
IRS -137 Cristina 3.16 2.0 123.0 125.0
IRS -138 Cristina 2.11 2.0 125.0 127.0
IRS -138 Cristina 12.46 1.0 137.0 138.0
IRS -139 Cristina 3.29 24.0 88.0 112.0
IRS -139 Cristina 1.50 12.0 128.0 140.0
IRS -140 Cristina 2.09 11.0 77.0 88.0
IRS -140 Cristina 0.91 18.0 91.0 109.0
IRS -140 Cristina 6.41 1.0 124.0 125.0
IRS -140 Cristina 0.84 10.0 130.0 140.0 open
IRS -141 Cristina 1.77 5.0 66.0 71.0
IRS -141 Cristina 0.98 3.0 131.0 134.0
IRS -141 Cristina 0.93 3.0 148.0 151.0
IRS -142 Cristina 1.19 1.0 79.0 80.0
IRS -143 Cristina 4.14 4.0 98.0 102.0
IRS -143 Cristina 1.88 5.0 117.0 122.0
IRS -144 Cristina 0.82 5.0 103.0 108.0
IRS -146 Cristina 1.15 2.0 39.0 41.0
IRS -146 Cristina 0.69 2.0 54.0 56.0
IRS -146 Cristina 3.65 10.0 65.0 75.0
IRS -146 Cristina 0.48 5.0 121.0 126.0
IRS -147 Cristina 2.63 37.0 50.0 88.0
IRS -147 Cristina 1.39 1.0 94.0 95.0
IRS -147 Cristina 1.09 3.0 105.0 108.0
IRS -147 Cristina 1.05 7.0 112.0 119.0
IRS -148 Cristina 0.55 3.0 0.0 3.0
IRS -148 Cristina 2.86 12.0 31.0 43.0
IRS -148 Cristina 1.83 1.0 78.0 79.0
IRS -148 Cristina 1.60 2.0 93.0 95.0
IRS -149 Cristina 5.13 16.0 71.0 87.0
IRS -149 Cristina 1.13 1.0 102.0 103.0
IRS -150 Cristina 0.51 2.0 35.0 37.0
IRS -150 Cristina 13.00 6.0 51.0 57.0
IRS -150 Cristina 0.57 3.0 62.0 65.0
IRS -151 Cristina 1.25 3.0 0.0 3.0
IRS -151 Cristina 2.05 15.0 37.0 52.0
IRS -151 Cristina 0.67 12.0 55.0 67.0
IRS -152 Cristina 0.61 2.0 18.0 20.0
IRS -153 Cristina 1.30 6.0 102.0 108.0
IRS -154 Cristina 1.38 10.0 48.0 58.0
IRS -154 Cristina 1.73 8.0 70.0 78.0
IRS -154 Cristina 0.50 3.0 96.0 99.0
IRS -155 Cristina 2.10 5.0 0.0 5.0
IRS -155 Cristina 1.62 6.0 14.0 20.0
IRS -155 Cristina 0.49 3.0 40.0 43.0
IRS -155 Cristina 1.23 1.0 47.0 48.0
IRS -156 Cristina 0.84 5.0 0.0 5.0
IRS -156 Cristina 2.10 20.0 16.0 36.0
IRS -157 Cristina 0.62 3.0 15.0 18.0
IRS -157 Cristina 2.53 12.0 23.0 35.0
IRS -159 Cristina 1.29 5.0 56.0 61.0
IRS -160 Cristina 0.42 4.0 45.0 49.0
IRS -160 Cristina 0.50 17.0 57.0 74.0
IRS -160 Cristina 0.56 4.0 108.0 112.0
------------------------------------------------------------------------
NOTES: 1) All thicknesses are core widths / true widths estimated
at 75-80%.
2) All weighted averages calculated using uncut assays.


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