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Re:   News Release - Wednesday, June 11, 2008
      Mexivada Finds 1.5 by 8 mm Nugget at Mbandza Gold Discovery, ROC
      Congo
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Mexivada's Consulting Geologist, Edward Wells, C.P.G., has reported the
discovery of the strongest alteration and gold mineralization found to
date by Mexivada, at Mbandza on its exclusive Malambani concession in
the Mayoko greenstone belt in the ROC Congo.

The gold mineralization at Mbandza comprises pyrite and
quartz-pyrite-(epidote) bands in altered and silicified amphibolites,
banded iron formation ("BIF"), and granodiorite sills. Strong
accumulations of locally-derived placer gold with very large grain
sizes are present here, with one recovered nugget being 1.5 by 8 mm in
size. A cobble of BIF found here contained a +2 cm zone of 25% pyrite
and 25% vein quartz. This Mbandza zone will be unearthed by trenching
and then channel sampled for gold assays. It appears to correlate
stratigraphically with the Kouchala gold-bearing BIF zone located 1.25
Km to the southwest. A second major band of gold-mineralized BIFs and
amphibolites, situated 400 m to the south, is the
Lemagna-Mifoulou-Tsopo belt, which is 200 m wide, at least 1.3 Km in
length, and both belts are open along strike to the east and west. This
area appears to have significant gold potential. Detailed sampling work
is scheduled here for June and July.

Gold reconnaissance exploration also has been started in the Lepindzi
gold-diamond target area, on the southwestern margin of the known North
Gold Belt at Mayoko, 8 km southwest of Lemagna.  Substantial alluvial
gold was recovered from this area by hydraulicking by the Avoine
Company after World War II.  Three gold-bearing areas were found by
Mexivada in the initial reconnaissance here in May 2008 along an 800 m
length. The mineralization found was principally pyritic disseminations
and quartz-pyrite-(epidote) veining in BIFs and amphibolites.
Additional gold sampling work will be conducted here in June, as well
as some alluvial test sampling for diamonds at structural intersections
in the area.  A new, motorized, alluvial gold-diamond-garnet
concentration device has been delivered to the Mexivada field office at
Mayoko, and is being used to speed up sample processing on-site.

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 Republic of Congo ("ROC 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    

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.

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Copyright (c) 2008 MEXIVADA MINING CORP. (MNV)  All rights reserved.
For more information visit our website at http://www.mexivada.com/ or
send mailto:info@mexivada.com
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