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Re: News Release - Monday, June 04, 2007
Cangold Strengthens Management Team
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CANGOLD LIMITED (TSX-V: CLD, the "Company") is pleased to announce the
appointment of Kareen McKinnon to the position of Vice President,
Corporate Development and Adrian Bray, P.Geo. as Exploration Manager.

Ms. McKinnon has a background in investment banking (with Nesbitt
Burns) and has worked for a number of junior resource companies,
including North American Gold and Robert Friedland's Diamond Fields
Resources. Ms. McKinnon was most recently the Vice President,
Corporate Development of White Knight Resources and Mansfield Minerals
where she was responsible for raising the profile of the companies in
the investment community, and was part of the team that facilitated the
takeover of White Knight by Robert McEwen's US Gold.

Mr. Bray is a Professional Geologist with 21 years experience in
exploration throughout the Americas and China. He holds a
Certification in Quality Management and has set up QA/QC programs for
numerous resource companies. Mr. Bray has strong technical and
management skills, speaks four languages, including Spanish, and has
been evaluating potential new gold and copper projects for Cangold in
Mexico.

Cangold President, Robert Archer stated, "We are extremely pleased to
have Kareen and Adrian joining us as Cangold enters a new phase in its
development. Adrian's extensive experience, in Mexico in particular,
will be highly beneficial and Kareen's contacts and track record in the
investment community will ensure that the Company achieves a high
degree of visibility."

FURTHER INFORMATION
For further information please visit the Company's website at
www.cangold.ca or contact Kareen McKinnon, at telephone 604 638 8967,
fax 604 608 1768 or e-mail kmckinnon@cangold.ca

ON BEHALF OF THE BOARD

"Robert A. Archer"

Robert A. Archer, P. Geo.
President

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Copyright (c) 2007 CANGOLD LIMITED (CLD) All rights reserved. For
more information visit our website at http://www.cangold.ca/ or send
mailto:info@cangold.ca
Message sent on Mon Jun 4, 2007 at 12:37:49 PM Pacific Time
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