KIRKLAND LAKE, ON, May 18 /CNW/ - Mistango River Resources Inc. (MIS) is pleased to provide an exploration update on the Company's Omega Gold Property.

MIS has received the final report on 11.3 kilometers of deep penetrating Induced Polarization geophysical survey (IP) conducted by Larder Geophysics Ltd on its 100% owned Omega Property located on the Larder Lake / Cadillac Break approximately two kilometers east of the town of Larder Lake, Ontario. The survey has generated as many as six new targets to a depth of approximately 500 meters.

The Company also continues with 3D compilation of the past producing Omega Mine using Surpac Software. The underground workings, mineralized zones and historic diamond drilling completed by the Company is being intergrated with the new deep IP survey.

The upcoming proposed drilling program will further test the known mineralized zones within the mine as well as investigating the newly identified targets. Drilling is expected to commence near months end. Mistango River Resources is a Canadian-based junior mining and exploration company focused on existing projects in Ontario and Quebec. Mistango River Resources is listed for trading on the Canadian National Stock Exchange (the "CNSX") under the trading symbol "MIS".

The CNSX has not reviewed and does not accept responsibility for the adequacy of this release.

Forward-Looking Information

This news release contains certain "forward-looking information". All statements, other than statements of historical fact, that address activities, events or developments that Mistango River Resources believes, expects or anticipates will or may occur in the future including, without limitation. These forward-looking statements reflect the current expectations or beliefs of Mistango River Resources based on information currently available to Mistango River Resources. Forward-looking statements are subject to a number of significant risks and uncertainties and other factors that may cause the actual results of Mistango River Resources to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Mistango River Resources. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Mistango River Resources disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Mistango River Resources believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

SOURCE Mistango River Resources Inc.

For further information: Robert Kasner, President and CEO, Telephone: 1 705 567 5351, E-mail: kasner1@ntl.aibn.com, www.mistangoriverresources.com

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Mistango River Resources Inc.

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