Mistango River Resources Board Members Appointed

Mistango River Resources (CNSX:MIS) is pleased to announce that Nelson W Baker P.Eng., has agreed to join the Board of Directors.

Mr. Baker, P.Eng., has been active in the mineral exploration business for over 50 years, beginning at age 14 as an assistant to his father, who was then prospecting at Hemlo, Ontario. He attended the Haileybury School of Mines where he received his Mining Technology Diploma (1964), followed by studies at the South Dakota School of Mines from which he graduated with a B.Sc. in Geological Engineering (1968). Mr. Baker is an active and registered member of Professional Engineers in the provinces of Ontario and British Columbia. After graduating he subsequently spent 14 years as a senior geologist with Esso Minerals Canada based in eastern Canada and an additional 15 years as an exploration consultant focussing in such well known mining districts as Hemlo, Red Lake, Timmins, Rice Lake, Kirkland Lake, Detour, Casa Berardi and Chibougamau in Quebec. Mr. Baker has served continuously as a geological consultant with Nelson W. Baker Geological Services Ltd., his private company, since 1984.

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Mistango Closes Non-Brokered Private Placement Of Units

Mistango River Resources Inc. (CNSX: MIS) reports that it has closed its previously announced private placement pursuant to which it has issued 2,200,000 units of securities issued on a “flow‐through” basis at a price of $0.25 per unit (each, a “Unit”) for gross proceeds of $550,000 by way of a non‐brokered private placement (the “Offering”).

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Grant Of Stock Options

Mistango River Resources Inc. (CNSX:MIS) (the “Company”) announces that it has granted an aggregate of 100,000 stock options to certain employees of the Company. Each such stock option entitles the holder thereof to acquire one Class A subordinate voting share of the Company at an exercise price of $0.25 for a period of 5 years from the date of grant.

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Mistango Adds Drills

Mistango River Resources (CNSX:MIS) provides the following update on their 100% owned Omega property.

Drilling on the Omega Property, Larder Lake area, McVittie Township, Ontario.

Two additional drills have been added to the drilling at Omega. The new drills are capable of drilling deep holes and will be used to test the deeper parts of the property while the smaller drill continues to drill in the potential open pit area.

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Queenston Completes Private Placement into Mistango River Resources

Queenston Mining Inc. (QMI-Toronto, Frankfurt, Stuttgart) and Mistango River Resources Inc. (MIS:CNSX) are pleased to announce that Queenston has completed a private placement of 750,000 units of Mistango common shares (non-flow through) at a price of $0.20 per unit for net proceeds to Mistango of $150,000. Each unit comprises one Class A voting common share of Mistango and one half of one Common share purchase warrant, with each whole warrant being exercisable into one Class A common share at the exercise price of $0.35 per each whole warrant for a period of 12 months to June 30, 2012, and at an exercise price of $0.45 per each whole warrant for the next ensuing 12 months.

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MIS Amends Number Of Hectares - July 6 Press Release

Mistango River Resources (CNSX:MIS) would like to correct the number of hectares acquired through an option to earn 100% interest in six claims totalling 99.57 hectares and not the previously listed amount of 971.360 in press release of July 6th .
Mistango is a Canadian-based mining and exploration company focussed on its Omega Mine property a past producer located along the famous Larder Lake-Cadillac fault zone, which has produced several million ounces of gold and continues to do so. Mistango has precious and base metal properties located in Ontario and Quebec.

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MIS Intersects 45.67 Grams In New High Grade Zone

Mistango River Resources Inc. (CNSX:MIS) is pleased to announce the latest drill results from its 100% owned Omega Gold Mine property located in Larder Lake, Ontario. Assays results from 2 additional holes have been received.

Highlights from the drilling program:

  • OM-11-02:1.42 g/t Au over 6 metres (including 2.6 g/t over 3 metres) Potential open pit area and 15.50 g/t Au over 6 metres (including 45.57g/t Au over 1 metre) New North Zone
  • OM-11-03:3.12 g/t Au over 4.5 metres (including 7.10 g/t Au over 1.5 metres) Potential open pit area and 1.14 g/t Au over 12 metres (including 3.05 g/t over 3 metres) Potential open pit area

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