American Consolidated Minerals Corporation: New President Appointed

American Consolidated Minerals Corporation (the "Company") (TSX VENTURE:AJC)
announces the appointment of Al Fabbro as President and director of the Company.



Mr. Fabbro has over 30 years experience in both the finance and mining
industries. From 1984 to 1990, Mr. Fabbro headed the retail trading department
of Yorkton Securities, followed by six years with Yorkton's Natural Resources
Group. Most recently and for the past ten years, Mr. Fabbro was an investment
advisor with Canaccord Capital, specializing in the natural resource sector. He
recently left Canaccord Capital to pursue opportunities in the public sector. 


Mr. Fabbro's appointment follows the resignation of Robert Eadie as President
and CEO of the Company. "Al's expertise will be vital in growing American
Consolidated Minerals, which has a strong portfolio of gold and copper
properties with excellent potential," said Robert Eadie who continues to serve
as a director of the Company. 


American Consolidated is dedicated to the principles of environmentally sound
mining practices and believes that environmental stewardship and mining can
co-exist. 


For details on the Company and its properties, visit the Company's website at
www.americanconsolidatedminerals.com.


ON BEHALF OF THE BOARD:

Robert Eadie, Director