CGA Mining Limited - Announcement to the Australian Securities Exchange and Toronto Stock Exchange - Annexure to the annual report to Shareholders - National Instrument 43-101 and JORC compliance



    
    /NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO US NEWS
    WIRE SERVICES/
    

    VANCOUVER, Oct. 30 /CNW/ - Mr Geoff.G.Jones, F.Aus.I.M.M.CP Mng, CGA's
Consulting Engineer, is acting as the Qualified Person in compliance with NI
43-101 and JORC reporting requirements with respect to the Annual Report to
Shareholders dated 30 October 2008. He has prepared and or supervised the
preparation of the scientific or technical information in the Annual Report to
Shareholders dated 30 October 2008 and confirms compliance with NI43-101 and
JORC requirements.
    Further information relating to the Masbate Project is included in the
technical report entitled Technical Report on the Mineral Resources of the
Masbate Deposit, Masbate Province, Republic of the Philippines for CGA Mining
Limited prepared by Mining Associates Pty Ltd and available on SEDAR at
www.sedar.com, lodged 8 July 2008.
    Andrew James Vigar of Mining Associates Pty Ltd, a qualified person, has
verified the resource statement for the Masbate Project as disclosed in the
Annual Report to Shareholders dated 30 October 2008, including sampling,
analytical and test data underlying the estimate. Verification of the data
included numerous site visits, database validation of historical drill results
and review of sampling and assaying protocols. The qualified person was
satisfied with the verification process.
    With regard to the Mkushi Copper Project, Matthew Nimmo of Snowdens is
the qualified person and has verified the resource statement as disclosed in
the Annual Report to Shareholders dated 30 October 2008, including sampling,
analytical and test data underlying the estimate. Verification of the data
included numerous site visits, database validation of historical drill results
and review of sampling and assaying protocols. The qualified person was
satisfied with the verification process.

    CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS

    This announcement includes certain "forward-looking statements" within
the meaning of Canadian securities legislation. All statements, other than
statements of historical fact, included herein including, without limitation,
statements regarding anticipated dates for construction and production, and
other milestones related to the Masbate Gold Project and other projects;
estimates of capital and operating costs, recovery rates, production estimates
and estimated economic return; and CGA's future operating or financial
performance, are forward-looking statements. Information concerning mineral
reserve and resource estimates including statements regarding the conversion
of inferred resources to reserves also may be deemed to be forward-looking
statements in that it reflects a prediction of the mineralization that would
be encountered if a mineral deposit were developed and mined. Forward-looking
statements involve various risks and uncertainties and are based on certain
factors and assumptions. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from CGA's expectations
include uncertainties related to fluctuations in gold and other commodity
prices and currency exchange rates; uncertainties relating to interpretation
of drill results and the geology, continuity and grade of mineral deposits;
uncertainty of estimates of capital and operating costs, recovery rates,
production estimates and estimated economic return; the need for cooperation
of government agencies in the development of the Masbate Gold Project; the
need to obtain additional financing to develop the Masbate Gold Project; the
possibility of delay in development programs or in construction projects and
uncertainty of meeting anticipated program milestones for the Masbate Gold
Project; and other risks and uncertainties disclosed under the heading
"Caution Regarding Forward-Looking Statements" in CGA's Annual Information
Form for the year ended 30 June 2007 filed with the Canadian securities
regulatory authorities on the SEDAR website at www.sedar.com.





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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