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Renowned Geologist Joins Kilimanjaro Mining Company Ltd.

Posted on: Tuesday, 16 October 2007, 09:00 CDT

Kilimanjaro Mining Company Ltd. is pleased to announce that Dr. Roger Newell has joined as the newest member of its management team. Dr. Newell is renowned internationally for recognizing the potential of the Carlin Trend in Nevada. Under his direction Newmont Mining Company established new exploration programs in Nevada; this ultimately lead to Newmont Mining becoming the 2nd largest gold producer in the world, with gold operations yielding over 1,000,000 ounces per year. He holds a Ph.D. in mineral exploration from Stanford University, and has more than forty years of experience in the mining industry.

Roger Newell served as Vice President, Development Officer and Board Member of Capital Gold Corp from 2000 to 2007. As such he was responsible for much of Gold Corp's engineering and business development. He also served as President (2000 to 2006) of Gold Corps Mexican subsidiary, Minera Santa Rita. Dr. Newell will continue serve on Capital Gold Corp's Board of Directors.

Prior to his time at Capital Gold, he served as Exploration Manager/Senior Geologist for the Newmont Mining Company; Exploration Manager for Gold Fields Mining Company and Vice President - Development, for Western Exploration Company.

"We are delighted to have Dr. Newell join Kilimanjaro. His extensive experience in both the field and the boardroom are a tremendous asset as we look to expand and develop our current portfolio of gold and uranium properties in Tanzania," stated Heidi Kalenuik, President of Kilimanjaro Mining (KMCI). "It certainly speaks to the quality of our Tanzanian properties that such a well respected geologist would choose to leave Capital Gold Corp. to join a private company like ourselves."

In other news, Kilimanjaro Mining also reports that Kenneth Baker has resigned as a Director due to health concerns. His guidance and experience was much appreciated by company officials and investors.

Kilimanjaro Mining Company (www.kilimanjarominingcompany.com) is a Nevada based private company that has acquired over 30 gold licenses in the Lake Victoria Greenbelt area of Tanzania and 64 uranium licenses in central and southern Tanzania totaling close to 6 million acres.

Source: Business Wire

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