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F.D.G. Mining Says Updated Report Confirms 298% Increase in Gold Resource at Topacio

F.D.G. Mining Inc. (FDG.V) announced that it has received and filed on SEDAR a NI 43-101 compliant report documenting the resources on the Topacio property from NEW ERA Engineering Corporation.

The report shows an Inferred Mineral Resource of 2,716,176 tonnes grading 3.90 g/t gold, containing 340,345 ounces of gold. Mineral resources are at shallow depth, within 150 metres from surface, with 124,000 ounces gold amenable to surface extraction.

The reported resource differs marginally from the resource reported by the company on October 2, 2012 (2,702,984 tonnes grading 3.97 g/t gold containing 344,664 ounces gold) to account for resources depleted by the artisanal mining operations since 2009 and a minor arithmetic discrepancy discovered during the audit.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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