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07.04.2008
Kinbauri Gold Confirms Extensive Gold Zones at Aztec, Nevada


Kinbauri Gold Confirms Extensive Gold Zones at Aztec, Nevada

OTTAWA, ONTARIO, April 4th, 2008: Kinbauri Gold Corp. (“Kinbauri”) (Toronto: TSXV.KNB; Frankfurt: 3KG.DE) is pleased to announce that it has received the final report from its rock trenching program completed on its Aztec property (“Aztec”) in the Goldfield area of Esmeralda County, Nevada; approximately 184 linear meters were excavated (about 442 cu m) following drilling and blasting. The excavations targeted the more prospective areas within a large (1,200m by 200m) gold in soil anomaly (see Schedule for location).

Please find the plan under the following link: http://www.irw-press.com/dokumente/Kinbauri_040408.pdf

Assays from numerous grab samples and drill cuttings support the prospectivity of this broad area.

Two trenches were excavated at the south end of the gold in soil anomaly and produced the following assays:

TRENCH 1: 0.6g Au/t over 35m with a range of values from 0.3 to 1.1g Au/t.
TRENCH 2: 0.3g Au/t over 33m with a range of values up to 0.7g Au/t over 1.5m.

Both trenches were excavated in silicified and micro-fractured lapilli tuffs: associated anomalies in Ag, As, Sb and Hg, a suite of elements common to epithermal gold deposits in Nevada, are also present. Noteworthy is a short hole drilled by Kennecott in 1989, approximately 60m ESE of Trench 1 that intersected 3.2g Au/t over 4m, including 8.7g Au/t over 1.5m (historic).

Four trenches were excavated over a distance of 200 m at the north end of the geochemical Au in soil anomaly and produced the following assays:

TRENCH 4: 0.6 g Au/t over 12 m.
TRENCH 5: 0.5 g Au/t over 21 m; including 1.1 g Au/t over 5.5 m.
TRENCH 6: 0.4 g Au/t over 27 m, including 1.3 g Au/t over 3.3 m.
TRENCH 7: 1.2 g Au/t over 11 m, including 2.6 g Au/t over 3.3 m.

Gold in these trenches is hosted in brecciated gossanous limestone with jasperoid layers and it is associated with a clearly identifiable N-S fault (see Schedule). These trenches have associated anomalous values in Ag, As, Sb, Hg and Mo.

These results confirm the presence of epithermal gold systems on the Aztec property, hosted in silicified tuff of Tertiary age and in Paleozoic gossanous, brecciated, jasperoid bearing limestone. Drilling and mapping by Kenncott and U.S. previously Borax defined a pervasively altered north-south trending gold bearing dome-like structure in the silicified tuffs: however its total extent is difficult to determine because of alluvial cover.

The north-south trending fault found in Trenches 4 and 5 and the regional north-south trend of the geochemical soil anomalies coincide with a regional north-south trending fault, which has been interpreted by USGS geologists to pass through the western portion of the property. Such structures in conjunction with Kinbauri’s geological and geochemical results can indicate the presence of underlying replacement deposits in carbonates or high grade feeder zones hosting gold.
The Aztec property consists of 56 claims totalling 450 hectares. It is located four kilometres to the southwest of the Goldfield district in Esmeralda County, Nevada. This mining district, in concert with the Northumberland, Manhattan, Round Mountain Trend, Goldfield and Tonopah mining districts, all lie along the Round Mountain-Goldfield Trend (“RMGT”). Over 17 million ounces of gold have been produced from these mining districts since discovery, with 4.2 million ounces from Goldfield alone. Further reserves and resources of over 5 million ounces along the RMGT have been reported.

The field work, permitting, administration and direct supervision of the Aztec project was carried out by Peter J. Clarke, Ph.D. under the direction of Christopher F. Gleeson, Ph.D., P.Eng. who is a qualified person. All Au assay were completed on 50 gm of pulverized sample by ALS Chemex in Reno, Nevada using a fire assay procedure with an AA finish. The multielement analyses (35 elements) were carried out by ICP after an Aqua Regia digestion.

Kinbauri is a TSXV – Tier 1 Mineral Exploration Company focused on expanding and upgrading resources to reserves at its El Valle property in Asturias, Spain in order to start operations at the mine and mill complex there in 2010. Upon restart, El Valle will become the largest gold producer in Western Europe. Kinbauri plans to advance its North American properties via joint ventures and is presently in discussion regarding a joint venture to further advance Aztec. Kinbauri currently has 45,499,876 common shares issued and outstanding.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

FOR FURTHER INFORMATION CONTACT:
North America
Darrell Munro, BB.A, LL.B, Manager Corporate Communications
E-mail: dmunro@kinbauri-gold.com
Dr. Vern Rampton, P. Eng., President vrampton@kinbauri-gold.com
E-mail: kinbauri@kinbauri-gold.com
Tel: (613) 836 2594 Fax: (613) 831 2730
Dr. Chris Gleeson, P. Eng., Vice-President Exploration
E-mail: c.gleeson@persona.ca
Tel.: (613) 652-4594 Fax: (613)652-1223

Europe
Ruediger (Rudy) Hnyk, CEO
INVESTEL
Investor Relations &
Telecommunications
E-Mail: ceo@investel.de

OR VISIT:

Kinbauri Gold’s Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors.
Kinbauri Web-Site: www.kinbauri-gold.com