2012-11-26 11:50 ET - News Release


Ms. Stella Frias reports


Angel Gold Corp. has appointed Jon Lehmann to the board of directors of the company. Mr. Lehmann is a professional geologist who has been involved in gold exploration in Colombia for over 18 years. He was one of the founders and vice-president, exploration, for Ventana Gold Corp., managing the successful discovery and delineation of the multimillion ounce La Bodega gold deposit in Colombia. Ventana was subsequently acquired by AUX Canada Acquisition Inc. in 2011 for a $1.4-billion cash buyout. Mr. Lehmann has over 30 years of mineral exploration experience, is a licensed professional geologist in the state of Washington, and a member in good standing of the Canadian Institute of Mining and Metallurgy.

Blanca Stella Frias, Angel Gold president and chief executive officer, stated: "We are pleased to have Mr. Lehmann join the board of Angel Gold; with his extensive experience and background in the Colombian mining scene, we look forward to his contributions as we move our gold exploration projects forward and build additional value into the company. Jon and I have found very few exploration opportunities that deserve the effort that was given to La Bodega but the El Cafetal project appears to equally deserve. In addition, the Colombian team that has been assembled by Angel Gold possesses outstanding experience and integrity. These factors, combined with what he saw while visiting the El Cafetal project on Nov. 5, solidified Jon's decision to join the board of Angel Gold Corp."

To accommodate this addition to the board, Kenneth A. Sadowski has resigned as a director of the company. The company thanks Mr. Sadowski for his years of service on the board.

We seek Safe Harbor.