Vancouver, British Columbia - May 11, 2011:  American Consolidated Minerals Corp. (“ACM” or the “Company”) (AJC: TSX-V)is pleased to announce it has entered into an agreement with SpartonResources Inc. (“Sparton”) (SRI: TSX-V) for the acquisition of Sparton’s50% interest in the 500-hectare Sierra Rosario Property (“SierraRosario”), located in the state of Sinaloa, Mexico (the “Acquisition”).Sparton currently holds a 51% interest in Sierra Rosario in a JointVenture with International Northair Mines Ltd. (“INM”) (INM: TSX-V)which owns the remaining 49%. Sparton will transfer a 1% interest inSierra Rosario to INM concurrently with the closing of the first paymentand share issuance from ACM to Sparton, as outlined below.

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