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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 26, 2012) - Angel Gold Corp. (News - Market indicators) ("Angel" or the "Company") Angel Gold Corp. (the "Company") is pleased to announce the appointment today of Mr. Jon Lehmann to the Board of Directors of the Company. Mr. Lehmann is a professional geologist who has been involved in gold exploration in Colombia for over 18 years. He was one of the founders and VP Exploration for Ventana Gold Corp., managing the successful discovery and delineation of the multi-million ounce La Bodega gold deposit in Colombia. Ventana was subsequently acquired by AUX Canada Acquisition Inc. in 2011 for a $1.4 billion dollar cash buyout. Mr. Lehmann has over 30 years of mineral exploration experience, is a Licensed Professional Geologist in the State of Washington and a member in good standing of the Canadian Institute of Mining and Metallurgy.
Blanca Stella Frias, Angel Gold Corp. President and CEO, stated: "We are pleased to have Mr. Lehmann join the board of Angel Gold, with his extensive experience and background in the Colombian mining scene we look forward to his contributions as we move our gold exploration projects forward and build additional value into the company. Jon and I have found very few exploration opportunities that deserve the effort that was given to La Bodega but the El Cafetal project appears to equally deserve. In addition, the Colombian team that has been assembled by Angel Gold possesses outstanding experience and integrity. These factors combined with what he saw while visiting the El Cafetal project last November 5th solidified Jon's decision to join the board of Angel Gold Corp."
To accommodate this addition to the board, Mr. Kenneth A. Sadowski has resigned today as a Director of the Company. The Company thanks Mr. Sadowski for his years of service on the Board.
About Angel Gold Corp.:
Angel is a Canada-based gold exploration company focused on responsible development of mineral resources in Colombia, host to some of the world's largest gold deposits. Angel has been working in Colombia for over three years and is advancing two main gold projects: the El Cafetal Gold Project and the Buritica West Gold Project. In addition, the Company continues its acquisition strategy in Colombia, having recently claimed over 6,800 hectares in four separate project areas.
On Behalf of the Board of Directors of Angel Gold Corp.
Blanca Stella Frias, Director, President and Chief Executive Officer
The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain "forward- looking statements" within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.