bashing is always the loudest before positive news come out...

Rusoro Mining Ltd., ("Rusoro" or "RML") is pleased to report that the Company has received the exploitation permit from the Ministry of Basic Industry and Mines (MIBAM) to begin mining at the Increible 6 gold deposit in the Bolivar State mining region in south eastern Venezuela. The Increible 6 is located approximately eight kilometres from the Company’s Choco 10 Mine and Mill where ore from the Increible 6 will be processed.

The permit was duly issued to the Corporacion Venezolana de Guayana (CVG) the governmental entity which is the legal holder of the Increible 6 mineral title. General Mining de Guayana, a 100% RML owned Venezuelan subsidiary, has a leasing contract with the CVG for 20 years from the date of the exploitation permit and is legally entitled, as formal leaseholder, to perform all the activities authorized by the permit. It is the only exploitation permit approved this year in the Venezuelan mining sector.