TORONTO, ONTARIO--(Marketwire - July 26, 2012) -

Further to its news release of July 4, 2012, Mahdia (CNSX:MGD) is pleased to announce that a National Instrument 43-101-compliant report with respect to the Omai property has been completed and posted under the company's profile on SEDAR and on its website at [ www.mahdiagold.com ].

About Mahdia Gold Corp.

Mahdia is a Canadian-based gold exploration and development company with interests in three gold-bearing concessions in central Guyana, namely Omai, Tiger River, and White Creek.

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward- looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CNSX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CNSX) accepts responsibility for the adequacy or accuracy of this release.

Contributing Sources

---

Market Wire