1. Kimberlites A38, A39, A40, A34 and A74. The Company’s geologists believe that the source of the diamonds and kimberlite indicator minerals being found on the western side of the Vai-Vem River in the quartz-rich garimpeiro gravels may be related to kimberlites A38, A39, and A40 and the source of the diamonds on the east side of this river may be related to kimberlites A34 and A74. Such a scenario would provide an explanation for the absence of other mined diamondiferous gravels elsewhere on the Vai-Vem River. However, the source for all of the diamonds found in the gravels could be one or more of any of the above mentioned kimberlites. Kimberlites are the most important source of primary diamonds in the world. Many kimberlite pipes also produce rich alluvial or eluvial diamonds placer deposits.
2. Areas adjacent to the garimpeiro gravels that occur along either side of the Vai-Vem River.
3. The paleo-channel, an old river channel, present within the buried and untested extension of one of the garimpeiro gravels as delineated by ground penetrating radar.
The Company plans to evaluate the economic potential of these buried gravels.
The bulk sampling program is expected to be completed by the fall of 2008.
Randsburg’s Brazilian subsidiary, DIADEM Mineração LTDA, has a 100% interest in the exploration permits that cover the prospective area of 526.6 square kilometres (130,124 acres). Randsburg owns 85% of the subsidiary. The concessions extend to within 150 metres of the famous diamond producing area of the Verissimo River from which diamonds have been recovered for more than 100 years including the famous Goias diamond, discovered in 1906 and weighing 600 carats.
The work is being conducted under the direction of the Company’s Chief Geologist, Dr. Ken Germundson, P. Geo and Company Director Bill Jarvis, who is overseeing the Company’s Victory Strike diamond exploration project in Brazil. Mr. Jarvis has 30 years of diamond exploration experience.
Dr. Ken Germundson, P. Geo., is the Company’s Qualified Person under the meaning of National Instrument 43-101 for the Victory Strike Project. Dr. Germundson has reviewed this news release and approved its contents.
ABOUT RANDSBURG INTERNATIONAL GOLD CORPORATION:
Randsburg International Gold Corporation is a Canadian exploration company listed on the TSX Venture Exchange (Symbol TSX-V:RGZ). The Company is engaged in exploring for diamonds, titanium, iron, precious and base metals, and platinum group metals (PGMs) in Brazil, Canada and Idaho. The Company has two active exploration projects and one new joint venture property.
1. Victory Strike diamond project in Brazil - 85% owned
2. Titan Project (iron-titanium-vanadium) in Northern Ontario - 100% owned
3. Empire Mine property in Idaho – a 50% owned Joint Venture
On behalf of the Board of Directors of Randsburg International Gold Corp.
"Michael Opara" , President and Chief Executive Officer
eMail: info@randsburginternational.com
Website: www.randsburginternational.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Copyright, 2008 Randsburg International Gold Corporation. This news release can be reproduced and retransmitted in whole, with no changes permitted of any kind, including headlines, or the addition of any headlines or other material, and providing it is supplied and made available without charge to the end reader.