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Mexivada Mining Corp.

Publié le 27 février 2008

DISCOVERS NEW DIAMOND FIELD AT VOUKA, CONGO

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Mots clés associés :   G Mexico | Gabon | K Street | Witwatersrand |

                                                      MEXIVADA MINING CORP.

                                                   Suite 1400 � 400 Burrard Street

                                                 Vancouver, British Columbia   V6C 3G2

    Tel: (604) 689-1749 Fax: (604) 643-1789

February 27, 2008 TSX-V: MNV

OTC: MXVDF

Frankfurt: M2Q

NEWS RELEASE

MEXIVADA DISCOVERS NEW DIAMOND FIELD AT VOUKA, CONGO

Mexivada has discovered two new diamond occurrences at Madoka and Mousondji on its exclusive Malambani Permis de Recherches concession, and has discovered a new diamond field at "Vouka" in its Mbinda prospecting permit area. Mexivada has applied for a new Permis De Recherches covering the Vouka area. The Chinese firm "Congo Trading and Development" has surrounded Mexivada�s Malambani concession with prospecting permits for gold and diamonds, covering the eastern extension of the auriferous Mayoko greenstone belt.

Additionally, a "G-10" garnet, typically associated with diamondiferous kimberlite pipes, was recently returned from Mexivada�s stream sediment sampling program at Bilala on Mexivada�s Malambani concession, where the Avoine Company mined a 22 millimetre gem diamond after World War II. Avoine also recovered a 7.5 mm blue-yellow diamond at Malambani, in an area suggestive that kimberlite may be present as dikes controlled locally by ENE-trending fault zones.

VOUKA DIAMOND FIELD: Mexivada has discovered diamonds and the possible kimberlite indicator minerals chromite and ilmenite, in a terrane in the Mandoro River Basin not previously known to have been explored. Several diamonds, 1 to 3 millimetres in diameter and of white to brownish colors, have been found in two target areas to date. Diamonds, chromite, and ilmenite were found in north-northwest trending fault-controlled stream drainages in the western part of the target area, in a geologic setting thought to be similar to that at Makongonio-Mbigou in Gabon, where kimberlites and diamonds to 60 carats in size have been found. Diamonds also have been found at 2 places near a large, circular structural target in the central part of the Vouka area. Mexivada recently started this exploration program and is continuing it with one field crew based out of our Mayoko office. Mexivada feels that the structural geology of the Vouka area is favorable for the discovery of a large diameter diamondiferous kimberlite pipe.

MADOKA DIAMOND DISCOVERY: Mexivada has discovered diamonds and the possible kimberlite indicator minerals chromite and ilmenite at Madoka, just southeast of Mexivada�s Mayoko field office. The diamonds recovered to date are shown on Mexivada�s website, are 6 to 8 millimetres in diameter and of colorless and greenish to yellow green in color, and two are of good gem quality. Chromite, and pinkish purple garnets, possible kimberlite indicator minerals, were found together with the diamonds. The area is faulted, altered, is cut by quartz veins, and gold was recovered in the pan concentrates. Unusual metamorphosed "amphibolites" rocks were found on site (see photo on website) that will be crushed and tested for kimberlite affinities. The possible presence of metamorphosed kimberlite pipes and dikes is being investigated by Mexivada. It is believed that this metamorphism took place at approximately the same time as at the Witwatersrand, South Africa, at 2863-2881million years ago, which would make them the world�s oldest known kimberlites. Diamonds also have been found in the "Rand" metasediments, but the original source kimberlites have not been found, to date. Mexivada is continuing diamond exploration with high priority at Madoka, given the large size and good quality of the diamonds found to date.

MOUSONDJI DIAMOND DISCOVERY: Two diamonds of approximately 0.5 gram in weight each have been found in the Mousondji river drainage, in the southwestern portion of the Malambani concession. This diamond occurrence, in the western Louesse Horst geologic terrane, will be followed up as time permits.

This press release and its contents have been reviewed by Richard R. Redfern, Mexivada's President, who is a Certified Professional Geologist and Qualified Person as defined under National Instrument 43-101.

About Mexivada Mining Corp.

Mexivada is a diversified Canadian mineral exploration company focused on identifying, acquiring, advancing, and joint venturing high-grade Gold-Silver, Molybdenum, Diamond, and Rare Metal exploration projects in Mexico, Nevada, and the ROC Republic of Congo. Managed by experienced and successful board members and advisors, Mexivada is well financed with no debt. For further information, including area maps, sections, and photos, please visit our web site at www.mexivada.com or contact us by e-mail at info@mexivada.com.

ON BEHALF OF THE BOARD OF DIRECTORS "RICHARD R. REDFERN" Richard R. Redfern President

Contact: LionsGate Communication Corp.

Telephone: (866) 922-6774 or (604) 866-7700

info@mexivada.com www.mexivada.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Caution Concerning Forward-Looking Statements This news release and related texts and images on Mexivada's website contain certain "forward-looking statements" including, but not limited to, statements relating to interpretation of mineralization potential, drilling assay results, future exploration work, and the expected results of this work. Forward looking statements are statements that are not historical facts and are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metals and diamond prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical, governmental, social, or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the company's projects; uncertainties involved in the interpretation of sampling and drilling results and other tests; the possibility that required permits and access agreements may not be obtained in a timely manner; risk of accidents, equipment breakdowns or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in these work programs. Forward-looking statements contained in this release are based on the beliefs, estimates, and opinions of management on the date the statements are made. There can be no assurance that such statements will prove accurate. Actual results may differ materially from those anticipated or projected. Mexivada Mining Corp. undertakes no obligation to update these forward-looking statements if management's beliefs, estimates, opinions, or other factors, should change.

Données et statistiques pour les pays mentionnés : Gabon | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Gabon | Tous

Mexivada Mining Corp.

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CODE : MNV.V
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Mexivada est une société d’exploration minière d'argent et d'or basée au Canada.

Mexivada détient divers projets d'exploration en USA, au Canada, au Mexique, en Republique Democratique Du Congo et en Sierra Leone.

Ses principaux projets en exploration sont YECORA et AUROTELLURIO au Mexique, MOLY DOME en USA et MAYOKO en Republique Democratique Du Congo.

Mexivada est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 2,8 millions CA$ (2,6 millions US$, 1,8 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,19 CA$, et son plus bas niveau récent le 09 novembre 2012 à 0,02 CA$.

Mexivada possède 69 564 000 actions en circulation.

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Dans les médias de Mexivada Mining Corp.
03/11/2007Gold Drivers Report
Rapports annuels de Mexivada Mining Corp.
2007 Annual report
Financements de Mexivada Mining Corp.
10/08/2009Private Placement of $375,000
12/12/2007RECEIVES $1.66 MILLION FROM EXERCISE OF WARRANTS
Attributions d'options de Mexivada Mining Corp.
01/12/2007 Grant of options
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Projets de Mexivada Mining Corp.
18/03/2011(Republic Of Congo)and Zamarat Recommence Gold Exploration Program in Republic ...
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27/05/2009(Goldstorm)samples up to 2.5 g/t Au and 11.25 g/t Ag at Goldstorm in Ne...
13/05/2009(Sierra Leone Project)Discontinues Mining Test At Yaradu, Sierra Leone
17/02/2009(Sierra Leone Project)Starts Diamond Mining at Kono, Sierra Leonne; Larger Diamond...
07/08/2008(Republic Of Congo)Discovers 30 Metre Wide Disseminated Gold Zone At Ngouaka, R...
12/06/2008(Aurotellurio)Stakes New Gold-Tellurium Property in Mexico
23/04/2008(Republic Of Congo)Approved And Signed By President Denis Sassou N'Guesso Of T...
23/04/2008(Moly Dome)Discovers Porphyry Molybdenum, Silver-Tellurium, And Gold Sy...
01/03/2008(Republic Of Congo)DISCOVERS FIVE NEW GOLD ZONES AT MAYOKO, REPUBLIC OF CONGO
02/02/2008(Jefferson)OPTIONS JEFFERSON GOLD/SILVER PROJECT TO STONESHIELD CAPITAL
25/12/2007INTERSECTS UP TO 1.96 Kg/T SILVER IN DRILL HOLES AT LA REPUB...
10/07/2007Acquires High Grade Silver Mine La Republica Mexico.
09/07/2007Options to Purchase High Grade La Republica Silver-Au-Zn-Pb ...
16/05/2007(Yecora)Intersects 22.3 g/t Gold, 1,640 g/t Silver and High Grade Zi...
Communiqués de Presse de Mexivada Mining Corp.
06/11/2012Drilling Discovers Two High-Grade Gold Zones, Roger Property...
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04/05/2011Announces New Whitehorse Gold Discovery at Ziggurat Property...
13/04/2011Announces Expansion of Poker Flats Project to 3,600 Acres in...
07/04/2011Options Additional 5% Interest in Poker Flats and Ziggurat P...
01/04/2011Options Gold Jackpot Au-Ag-Te-Cu Property, Pequop Gold Trend...
08/03/2011Zacks Investment Research Initiates Mexivada Mining Corp. Co...
08/12/2008Receives Signed MOU from Gbense Chiefdom for Diamond Mining ...
11/06/2008Finds 1.5 by 8 mm Nugget at Mbandza Gold Discovery, ROC Cong...
18/03/2008's diamond and gold concessions approved by ROC Congo Counci...
10/03/2008Mexivada-Eric Hommelberg Update
27/02/2008DISCOVERS NEW DIAMOND FIELD AT VOUKA, CONGO
18/01/2008Discovers Two Large Diamonds at Malambani, Republic of Congo
04/12/2007ACQUIRES GOLDSTORM MIDAS-STYLE GOLD-SILVER PROPERTY, NEVADA
25/11/2007Mexivada extends Malambani Gold Zones. Moly dome Update
08/11/2007 MEXIVADA DISCOVERS NEW PORPHYRY MOLYBDENUM-RHENIUM SYSTEM ...
11/10/2007DRILLS MINERALIZED INTERCEPT AT LA REPUBLICA; MOLY DOME IP A...
05/09/2007TO BEGIN DRILLING AT LA REPUBLICA IN MEXICO: PROJECTS UPDATE
06/06/2007Mobilizes for Drilling in Nevada at Gold Junction
08/03/2007discovers visible gold zones at Mayoko Project
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