MNV Mexivada Mining Corp.

Mexivada Mining Corp. (TSX VENTURE:MNV)(OTCBB:MXVDF)(FRANKFURT:M2Q) is pleased
to announce appointment of A. David Heyl to the position of Vice
President-Exploration. With over 25 years of field- and upper management
experience, Mr. Heyl has a solid geological background in generating and
conducting exploration and mining programs for gold, rare earth metals, and base
metals, resulting in several discoveries. Dave worked for Barrick Gold in Peru,
was the exploration manager for Southern Peru Copper, and spent six years
working in and supervising underground and open pit mining operations in the
U.S.A. and in South America, often making major changes in reserves and
productivity. He also has held geological and management staff positions with
Colombia Gold Plc, Oroperu Resources, Monterrico Mining, Minera Remedios, Sacre
Coeur, and spent six years working in and supervising underground and open pit
mining operations in the USA and extensively in South America, often making
major changes in reserves and productivity. He has worked extensively in Nevada,
with Galli Exploration, Alta Gold, Battle Mountain Gold, and Copper Range
Exploration at Round Mountain. Mr. Heyl holds a B.Sc. in geology from Fort Lewis
College in Colorado, and was a licensed investment executive at Wedbush
Securities in Colorado. He is an AIPG Certified Professional Geologist and is a
Qualified Person as defined under National Instrument 43-101. This appointment
reflects the strengthening of the Mexivada team as the company continues to
aggressively seek and acquire high quality gold, rare earth and rare metal
properties.


Golden Porcupine, Timmins, Ontario: Mexivada has been conducting data
compilation of government and private company records, and has been conducting
follow-up detailed mapping and sampling on its Golden Porcupine project at
Timmins, Ontario, under the direction of Messrs. Heyl and Redfern. Several new
drilling targets have been delineated, including an area in the southeastern
part of the property, where high-grade gold assay values were reported on an
assay plan dated 1911. The results of a new enzyme leach geochemical survey of
B-horizon soils in this southeastern part of the Golden Porcupine property were
analyzed by Mr. Heyl, and show anomalous areas of gold, arsenic, antimony and
molybdenum, suggesting intrusive related gold in this part of the property. The
new Mexivada assay results are expected shortly, including a re-assaying for
fire assay gold of these enzyme leach soil samples. A program of mechanized
surface outcrop stripping, followed by more mapping and sampling, will begin
soon on the property, to be followed up by core drilling in the area this fall.


Mexivada has granted options to Mr. Heyl and management for the purchase of
550,000 shares at an exercise price of $0.10 per share for a five year period,
effective as of today's date, pursuant to its stock option plan.


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. Map updates are posted to
Mexivada's website at www.mexivada.com.


About Mexivada Mining Corp.:

Mexivada is a diversified Canadian mineral exploration company focused on
identifying, acquiring, advancing, mining, and joint venturing prospective
Gold-Silver, Tellurium, Diamond, and Rare Metal exploration projects in Mexico,
Nevada, Canada, and Africa. Mexivada is managed by experienced and successful
board members and advisors. 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 MEXIVADA BOARD OF DIRECTORS

Richard R. Redfern, President

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 and assay
results, future exploration work, and the anticipated 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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