Infinito Draws Additional $1,500,000 in Convertible Debt

Trading Symbol: TSX-V: IG

CALGARY, July 6 /PRNewswire-FirstCall/ - Infinito Gold Ltd. (the "Company")
announces that it has drawn down a further $1,500,000 under the Secured
Convertible Note held by Exploram Enterprises Ltd. ("Exploram") issued by the
Company on February 10, 2009. Under this drawdown the principal amount of the
drawdown may be converted into shares of the Company at a deemed price of
$0.186 per share, being the 20-day volume weighted average price of the shares
of the Company for the 20 trading days ending on the date of issue. In
connection with the drawdown Exploram was also issued 8,064,516 common share
purchase warrants (the "Warrants"). The $1.5 million will be used to continue
payments on capital items being delivered to the Crucitas mine project in
Costa Rica, working capital and corporate general and administrative expenses.
The terms of the Secured Convertible Notes are described in detail in the
Company's news release of February 10, 2009. Exploram waived certain
conditions precedent to the Company's right to drawdown these funds under the
Secured Convertible Notes, including the requirement for the issue of a
favourable decision in respect of the Costa Rican legal challenge to the grant
of a change of land use permit for the Crucitas mine announced by the Company
on October 21, 2008. The Company is still waiting a ruling on this issue from
the Constitutional Court, or Sala IV in Costa Rica. This waiver only applied
to this drawdown. The payment of the structuring fee in respect to this
drawdown in the amount of $45,000 has been deferred.
The Warrants issued at closing are exercisable until July 6, 2014 and each
Warrant entitles the holder to acquire one share of the Company at $0.186 per
share.
Before the drawdown Exploram held 61,154,490 shares of the Company and common
share purchase warrants and a Secured Convertible Note of the Company
entitling it to acquire a further 375,706,077 common shares of the Company. As
a result of this $1,500,000 drawdown, Exploram will be entitled to acquire a
further 16,129,032 common shares of the Company upon conversion in full of the
additional principal due under its Secured Convertible Note and exercise of
the Warrants. The Company presently has 122,184,289 shares outstanding.
The Warrants and any shares issuable under the Warrants and the Secured
Convertible Note in respect of the amount drawn down are subject to a hold
period expiring on November 7, 2009.

Caution Regarding Forward-Looking Information and Statements
------------------------------------------------------------

Certain statements in this press release address future events and conditions
and, as such, involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements to be
materially different from any future results, performance or achievements
expressed or implied by the statements. These factors include, among others,
the inherent risks involved in the exploration and development of mineral
properties, the uncertainties involved in interpreting drilling results and
other geological data, fluctuating metal prices, the possibility of project
cost overruns or unanticipated costs and expenses, uncertainties relating to
the availability and costs of financing needed in the future, the possibility
that all necessary governmental and regulatory approvals will not be received,
and the availability of a qualified workforce and third party contractors
necessary for the development and operation of a mine. The Company undertakes
no obligation to update these forward-looking information or statements if
circumstances or management's estimates or opinions should change. The reader
is cautioned not to place undue reliance on forward-looking information or
statements.

INFINITO GOLD LTD.

John Morgan
President

"The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release."

SOURCE Infinito Gold Ltd.

INFINITO GOLD LTD., 216, 102 - 8th Avenue S.W., Calgary, Alberta, T2P 1B3,
Telephone: (403) 444-5191