KNB Kinbauri Gold Corp Com Npv

Kinbauri Gold Corp. (TSX VENTURE:KNB)(FRANKFURT:3KG.DE)("Kinbauri") is pleased
to announce that it is now listed on the Deutsche Bourse under the symbol
3KG.DE. The proximity of Kinbauri's Spanish assets to the European investment
community is a major factor in the increased interest that Kinbauri is seeing
from both institutional and retail investors in the E.U. In addition, over the
next 6 months, Kinbauri is planning on an aggressive multi-faceted European
investor relations program. The listing on the Deutsche Bourse will enable
investors to execute trades in Euros during regular European work hours without
the necessity of currency conversion.


Kinbauri's immediate priority is to expand and upgrade resources to reserves at
its El Valle and Carles properties in northwestern Spain, to allow operations at
the mine and mill complex there to begin in 2010. Kinbauri's press release of
November 28, 2007 reported an upgrade of its N.I. 43-101 compliant resources at
El Valle/ Carles to:


- Measured and Indicated: 727,618 ounces gold (4,171,159 t at 5.4g Au/t) plus
84.8 million pounds copper (3,920,159 t at 1.0% Cu).


- Inferred: 1,100,962 ounces gold (4,847,119 t at 7.1g Au/t) plus 51.9 million
pounds copper (4,208,119 t at 0.6% Cu).


Dr. Vern Rampton, President and CEO noted that Kinbauri has made significant
progress at El Valle over the last year and has recently initiated a 23,000
Metre infill drilling program (See press release of November 1, 2007).


"We have continued to meet the milestones set out in early 2007, primarily due
to the work of our experienced development team in Spain. Our 2,000 ton per day
mill and collateral facilities are in good condition and only require minimal
expenditures to begin production in 2010. Contracts are in the process of being
awarded to complete detailed engineering plans to allow a scoping study to be
completed in May, 2008; a feasibility study in November and pre-production
development and equipment purchases during 2009."


Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the
development of mineral properties, primarily precious metal prospects in
northwestern Spain, Nevada and Canada.  Its immediate focus is to expand and
upgrade resources to reserves at the El Valle property in Asturias, Spain in
order to start operations at the mine and existing mill complex there in early
2010.  It currently has 43,372,320 common shares issued and outstanding;
67,056,236, fully diluted.


THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE
DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


This press release contains certain forward-looking statements, which are based
on the opinions and estimates of management at the date the statements are made,
and are subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those projected. 
Kinbauri undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change.  The reader
is cautioned not to place undue reliance on forward-looking statements.


VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can
post questions and receive answers or review questions and answers already
posted by other investors.


Kinbauri Web-Site: www.kinbauri-gold.com

Kinbauri Gold Corp Com Npv (TSXV:KNB)
Historical Stock Chart
From Jun 2024 to Jul 2024

Kinbauri Gold Corp Com Npv (TSXV:KNB)
Historical Stock Chart
From Jul 2023 to Jul 2024