GOLD MINING: Venezuela grants Increible 6 permit to Rusoro

VENEZUELA — Vancouver headquartered Rusoro Mining has received the exploitation permit from the Venezuelan Ministry of Basic Industry and Mines (MIBAM) to begin mining at the Increible 6 gold property in the Bolívar State. The deposit is located 8 km from the company's Choco 10 mine and mill, where ore from Increible 6 will be processed.

Rusoro's 100%-owned Increible 6 deposit is host to 23.5 million tonnes of indicated resources that average 2.11 g/t Au and an inferred resource of 17.5 million tonnes at 1.95 g/t Au. Contained ounces of gold total 2.69 million.

The Increible 6 technical report of February 2008 is posted at www.Rusoro.com.