Simberi Gold Corporation

Simberi Gold Corporation

July 13, 2005 15:35 ET

Simberi Gold Corporation: Press Release

TORONTO, ONTARIO--(CCNMatthews - July 13, 2005) - Simberi Gold Corporation (TSX VENTURE:SAU) - Simberi Gold Corporation ("Simberi") announces that Mr. Geoff Farrar has been elected by the Board of Directors of the Corporation as President. Mr. Farrar is the retired president of Barclays Bank of Canada and has extensive experience in international business. His experience and knowledge of international business in developing countries will be of assistance to the Company as it proceeds with seeking new mining investment opportunities.

Simberi is proceeding with the documentation to complete the acquisition of its interest in the Olon Ovoot gold project in the south Gobi region of Mongolia. MPH has been retained to prepare a NI 43-101 report on the project. MPH is also managing a drill program designed to delineate the previously outlined mineralized zones.

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.

The TSX Venture Exchange Inc. has neither approved nor disapproved the information herein contained.

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