Minatura Gold (MGOL) Announces Change in Officers and Directors Consistent with MGOL`s Gold Mining Acquisition Strategy

* Reuters is not responsible for the content in this press release.

Tue Jun 30, 2009 8:00am EDT

MEDELLIN, Colombia--(Business Wire)--
Minatura Gold (OTCBB:MGOL) announced today that it has put into place new
officers and directors to commence gold mining operations in Colombia in
anticipation of completing its merger with Gold Resource Partners, LLC. 

Steve Causey, the former sole officer and director of MGOL, indicated that:
"Once we determined to pursue the acquisition of gold mining entities in
Colombia, we wanted to place a 100% commitment to completing the acquisitions,
which required that I step aside as director in addition to my officer functions
and place the management in the hands of the knowledgeable individuals in
regards to the transaction." 

The board of directors of MGOL has nominated Paul Dias and Bill McVey as
directors, and Mr. Causey has resigned his position as the sole director. The
board then elected Juan Perez as President, Paul Dias as Chief Executive
Officer, and Bill McVey as Secretary and Treasurer. 

Speaking on behalf of the new management team, Paul Dias, a founder of Gold
Resource Partners, indicated that: "The change in the board of directors and
officers of MGOL is intended to expedite the process of: (i) effectuating our
gold mining operations under MGOL, (ii) attracting additional capital for MGOL
to be primarily utilized in the Colombian operations, and (iii) establishing
management continuity upon completion of the Colombian acquisitions. We are
extremely grateful for the assistance of Mr. Causey in this management
exchange." 

Bill McVey, a newly elected officer and director of MGOL and a co-founder of
Gold Resource Partners, and substantial investor in Gold Resource Partners and
its related entities, said that: "I am excited to become part of MGOL at this
early stage and look forward to closing the merger with Gold Resource Partners,
which would bring substantially all the Colombian gold mining operations under
the roof of MGOL." 

Juan Perez, the newly elected president of MGOL, a former professor at the
Faculty of Mines in Medellin with over 30 years of mining and exploration in
Colombia, stated, "This is just the beginning of a project that Paul Dias
started over 7 years ago. With over 99,000 acres of property under our
management and production already occurring in the San Pablo Gold Mine located
in the mining district of Segovia-Remedios, which is one of our acquisitions, we
are postured to become a major player in the gold mining operations in
Colombia." 

Forward-Looking Statement: The statements in this press release regarding any
implied or perceived benefits from the change in management or the Merger with
Gold Resource Partners, and plans to own and operate mining concessions and any
other effects resulting from any of the above are forward-looking statements.
Such statements involve risks and uncertainties, including, but not limited to,
the transition of management of MGOL, our ability to complete the acquisitions,
the continued ownership and operation of mining concessions, production of gold
at historical rates, costs of operations, delays, and any other difficulties
related to producing minerals such as gold, continued maintenance of the
operating business, price of gold, marketing and sales of produced minerals,
risks and effects of legal and administrative proceedings and governmental
regulation, especially in a foreign country, future financial and operational
results, competition, general economic conditions, and the ability to manage and
continue growth. 

Should one or more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual outcomes may vary materially from
those indicated. Important factors that could cause actual results to differ
materially from the forward-looking statements we make in this news release
include market conditions and those set forth in reports or documents we file
from time to time with the SEC. We undertake no obligation to revise or update
such statements to reflect current events or circumstances after the date hereof
or to reflect the occurrence of unanticipated events. 

For further information go to www.minaturagold.com.



Minatura Gold
Paul Dias, 310-755-5830 

Copyright Business Wire 2009

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