CGA Mining - Announcement To The Australian Securities Exchange And Toronto Stock Exchange



    APPOINTMENT OF NEW PRESIDENT FOR FILMINERA RE

SOURCES CORPORATION PERTH, Western Australia, Jan. 10 /CNW/ - The Board of CGA Mining Limited ("CGA") (ASX:CGX, TSX:CGA) is pleased to announce that Filminera Resources Corporation, the holder of the Masbate Gold Project in the Philippines has appointed a new President, Mr Cris Acosta, with Mr Rolando Amores, the previous President now moving to the position of Chairman. Mr Acosta has spent over 10 years with Shell in both London and the Philippines, most recently dealing with Government relations and external affairs. He was a special assistant to the President of the Philippines from 1992 - 1995, was a commissioned officer in the armed forces of the Philippines, attended the United States Military Academy at West Point, New York, won the Fulbright Scholarship to both the Massachusetts Institute of Technology (where he completed his Master of Science, MBA and PhD) and Cornell University (where he received his Master of Engineering degree), and earned a postgraduate certificate in cross sector partnership at the University of Cambridge. Mr. Acosta is also a Chartered Financial Analyst charter holder and a Fellow of the Institute of Corporate Directors in the Philippines. CGA is pleased to welcome Mr Acosta to the Masbate team and believes he will be a key asset as we move into the operation phase of the Masbate Gold Mine, further enhancing the strong relationships with both local communities on Masbate Island and with all levels of Government in the Philippines. %SEDAR: 00021775E

For further information:

For further information: Enquiries: Australian Contact, President & CEO
- Michael Carrick, Tel: +61 8 9263 4000, Fax: +61 8 9263 4020, Email:
mcarrick@cgamining.com; US Contact, Chairman - Mark Savage, Tel: (505)
344-2822, Fax: (505) 344-2922, Email: marksavage@comcast.net

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CGA Mining Limited

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