ZNXT ZNext Mining Corporation Inc (CE)

ZNext Mining Industries, Inc. with OTC.PK Stock Symbols: (PINKSHEETS: ZNXT) (OTC Preferred: ZNXPP) announced today that its XYZ Gold Processing Plant in XYZ Masbate Island will be open in the next 180 days. Attached is the perspective view of the ZNXT Processing & Gold Refinery capable of producing about 15+ ounces of gold per metric tons of ores per day.

The XYZ Gold Team of ZNXT has designed a unique gold processing plant, enhanced with copper floatation technology, that fits best to the production of gold, silver, copper and other precious metals, and that complies with the environmental requirements. The design is to produce high gold quality based on fast, enhanced and increased production efficiency, reliability and better productivity.

XYZ team worked on the mining permits during the last quarter of 2008. An examination of the property was made to determine the current status of the known gold showings and road access, assisted in planning and budgeting of the 2009 fieldwork program. ZNXT is budgeting an estimated $75,000.00 USD for the Phase I Exploration Stage of its XYZ Gold Project. This six-month developmental period from February to August, 2009 Phase 1 Budget Estimate Covers: (a) Grid and soil sample collection about 7+ kilometers; (b) Extensive gold geological mapping, supervision, project management, prospecting and report writing; (c) Soil sample assays, collecting and packaging 1 tonne bulk sample; (d) Permitting, mapping and drafting costs; (e) Development of the Bayombon XYZ Satellite office; (f) Constructing of the enhanced Gold Processing Plant (200MT/day operation); (g) Securing the ECC (Environmental Compliance Certification), MPSA , Mining Permits and Legal Fees; (h) Constructing of on-site Laboratory & Equipments; (i) Constructing of Bunk Housing Infrastructure -- on Site Field Office; (j) Access road Development; (k) Purchasing of at least 4 Multi-Cab 4X4 Vehicles.

ZNXT further announces that effective January 28, 2009, the new governance and corporate re-organization action included the following: (a) incorporation of ZNXT in the Philippines; (b) assignment of the Pearl Asian Mining Industries' 100% of all its Philippines gold project and XYZ Mining interests to ZNXT Mining, thus commencing the XYZ Gold Project for full exploration and development; (c) appointment of George Carpio as the new CEO/President, Dennis Bravs, Corp. Secretary and Jun Oliva as the XYZ Chief Liaison; (d) Relocation of the mining office in XYZ Bayombon, Masbate Island; (e) relocation of its Corp. Headquarter to Butuan City, Agusan Del Norte, Mindanao managed by Jerry Burdeos as the new CFO & Business Administrator.

CEO George Carpio said that he expects to see a greater production and the start of revenue generation by the end of this year and thereafter, as the company is initiating towards the full capacity of ZNXT Mining. The XYZ Gold development is responding to the global economic demand for gold and silver production as a hedge to our current inflationary recession period!

"ZNXT Management is very excited to see this first stage of development come to pass, after so many, many obstacles encountered by the company during the past 18 months; we pray to finally fulfill the promised added value to our shareholders' stake holding interests, while we get to the enhancement and completion of our new website," exclaimed CEO Carpio.

ABOUT THE COMPANY

ZNext Mining Corporation, Inc. is an international mining company engaged in the exploration and commercialization of new and underdeveloped mine sites, primarily gold and other precious metals. ZNext Mining owns 100% the twelve (12) mining claims in British Columbia, Canada. Additionally, under a Philippines Mineral Production Sharing Agreement (MPSA) with the government of the Republic of the Philippines, ZNext Mining now owns 100% of the PEARL, a Philippines domestic private company. And that through aggregation of manpower and production among small-scale miners and indigenous peoples, ZNXT intends to capitalize on economies of scale in gold and silver extraction, processing and commodities trading. ZNext Mining Corporation is committed to the implementation of sustainable alternative mining technologies, to achieve fiscal strength based on the principle of Profit-People-Planet. Management continues to focus on achieving profit, while conducting business with utmost consideration and compassion for people and protection of our planet and the environment.

FORWARD-LOOKING STATEMENTS:

Forward-looking statements in this release include statements regarding the Company's projections regarding gold, silver and precious metals explorations, extractions and productions in future periods. Penny Stocks are highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

IMAGES AVAILABLE:

XYZ Plant 200 tons/day capacity: http://media.marketwire.com/attachments/200902/434013_ZNext01.jpg

Gold processing plant under construction: http://media.marketwire.com/attachments/200902/434014_ZNext02.jpg

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=914080 Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=914083

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CONTACT: Investor Relations: Rebekah Mesaleah & Co. Phone: 888-498-0001 E-mail: Email Contact www.ZNXTMINE.com