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Minatura Gold Appoints New Chairman of the Board.

HENDERSON, Nev. -- Minatura Gold (OTCBB: MGOL) ("MGOL") announces the appointment of Thomas J. Manz to serve as MGOL's Chairman of the Board of Directors.

Mr. Manz has over 30 years experience in the building of both private and public companies. He is a Founder and Managing Member of KMS Development, LLC, a commercial real estate development company, a Founding Member and Manager of Precast Concrete Technology Unlimited, LLC, a Founder, Officer and Director of Vertical Construction Erectors, Inc., a Founder, Officer and Director of MMP International, Inc., and a Founder, Officer and Director of ACS Realty Company, Inc. From 1991 to 1999, Mr. Manz served as a Director of Roseville First National Bank. During that period, he served in various capacities, including Chair of the Loan Committee and as Chairman of the Board he played an instrumental role in coordinating the merger with Western Sierra Bank, a NASDAQ public company. After the merger, from 1999 to 2005 he was Co-Chairman of the bank's Board of Directors, and was also during that time a Director and Chairman of the Audit Committee of Western Sierra Bancorp, a $1.1 Billion bank holding company. From 1997 to 2005, Mr. Manz was also a Co-Founder and former Director and Chairman of the Board of Pacific Coast Bankers Bank. Mr. Manz received a BS in Chemistry from Iowa State University in 1971.

In recent years, Mr. Manz has invested in certain of the companies that have sold assets to the Company and has been actively involved in Colombia and the Company's alluvial mining operations such as the Zaragoza Project.

MGOL's CEO, Paul Dias stated, "We are fortunate to have someone with Tom's background and expertise in guiding growing companies like ours into the next phase of our development. His leadership further enhances the quality of our Board of Directors and he will be instrumental in helping us attract additional quality members to our Board. Also, his experience in construction, real estate and now mining operations, will be invaluable as we begin to develop our expansive mining opportunities."

About Minatura Gold

Minatura Gold (MGOL.OB) is a U.S. based public company in the business of exploration, development and, ultimately, extraction of precious metals in Colombia, South America. Minatura is dedicated to enhancing shareholder value while adhering to the highest environmental standards in its projects and creating legacy micro-economies for the communities in which Minatura operates.

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Publication:Business Wire
Date:Apr 15, 2010
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