VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/09/13 — F.D.G. Mining Inc. (TSX VENTURE: FDG) (the „Company“) is pleased to provide an update to shareholders with regards to company operations including those that concern the Company-s flagship Topacio Property, located in eastern Nicaragua, Central America. The focus of this update concerns the latter half of 2012. The Company achieved a number of important milestones, including:
„Through a challenging year for our industry as a whole, FDG has restructured its management, wrestled control of its finances and simultaneously tripled our resource calculations, positioning the Company as one of the most exciting prospects in the Latin American gold exploration sector. We are determined to build on these gains with aggressive drill and trenching programs designed to add long term shareholder value.
We believe that in Topacio we have an exceptional opportunity. We have identified an open pit resource as well as grades available at depth. We believe we can quickly and efficiently add to both. The addition of 14 new veins could further increase our resources significantly as the current estimate is now contained in less than 10% of the 25 known veins. In the medium term our present geological data suggests that Topacio has the potential to become a Company building production scenario.
I intend for 2013 to be the year when FDG starts to realize these opportunities and to show our shareholders, present and future what value the Company can bring.“
On Behalf of the Board of Directors
David St. Clair Dunn, P.Geo., President and CEO
For further updates of company operations please contact Mr. Tibor Gadjics, Executive VP of Corporate Affairs or Mr. Toby Manson, Director of Communications – alternatively, visit .
(i) Present NI 43-101 resource estimate updated in November 2012 is for an Inferred Mineral Resource of 2,716,176 tonnes grading 3.90 g/t gold, containing 340.345 ounces of gold.
(ii) For more information, please refer to present NI 43-101 resource estimate available at or listed under the Company-s documents on SEDAR.
The technical information in this news release has been reviewed and approved by David St. Clair Dunn, P.Geo., President and CEO of the Company and a Qualified Person as defined under National Instrument 43-101 („NI 43-101“).
About F.D.G. Mining Inc. ():
F.D.G. Mining Inc. is a Canadian junior mining company engaged in acquisition, exploration and development of precious metal properties in Nicaragua. The Company is currently focused on advancing its core property, the past-producing 9300 hectare Topacio gold concession to near term production. Topacio has an NI 43-101 compliant inferred resource of 2,716,176 tonnes grading 3.90 g/t gold, containing 340.345 ounces of gold, and a similar geological setting to B2Gold-s La Libertad and El Limon mines to the northwest. FDG trades on the TSX Venture Exchange under the symbol FDG.
Contacts: FDG Mining Inc. 604-684-2213
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