TORONTO, ONTARIO--(Marketwire - Dec. 13, 2012) - Mahdia Gold Corp. (CNSX:MGD) (the "Company") is pleased to announce that it has entered into a consulting agreement with Andre Douchane, to assist the Company in achieving its goals of commencing mining development and production activity.

Mr. Douchane is a seasoned mining executive with over 40 years of experience in the mining industry with a solid track record of successfully bringing development projects into production. He is currently the Chief Executive Officer of THEMAC Resources Group Ltd., a Vancouver-based resource company focused on exploring and developing natural resource properties, and continues to serve as Chairman of the Board of North American Palladium Ltd. He previously held senior positions with several precious and base metal international mining companies, including President and Chief Executive Officer of Starfield Resources Inc., President and Chief Executive Officer of North American Palladium Ltd., President and Chief Operating Officer of Chief Consolidated Mining Co., and Vice President, Operations, of Franco and Euro-Nevada (formerly Newmont Mining Corporation). Mr. Douchane holds a bachelor's degree in mining engineering from the New Mexico Institute of Mining and Technology and is a graduate of the Executive Business Program at the Kellogg School of Business in Toronto.

The Chairman of the Board, Mr Alan Zaakir stated: "The Board believes we are extremely fortunate to have retained Mr Douchane to assist in moving into the mining phase of the Omai Site in the near future. His experience and market respect will be of great value to the Company."

About Mahdia Gold Corp.

Mahdia is a Canadian-based gold exploration company with active gold prospects in Guyana.

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.

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