Kinbauri Gold Announces Reasons Issued in Court Hearing with Glen Eagle

Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) announces
that Justice Wilton-Seigel has issued his reasons in respect of his ruling of
the dispute between Kinbauri and Glen Eagle Resources Inc. ("Glen Eagle"). A
copy of the reasons has been posted on Kinbauri's website www.kinbauri-gold.com
as well as on www.kinbaurimaximized.com. Kinbauri strongly encourages
shareholders to review the reasons. Kinbauri is pleased with Justice
Wilton-Seigel's assessment of the facts and issues in the dispute with Glen
Eagle as set out in his reasons and continues to be highly confident that it
will prevail in defeating Glen Eagle's claims and in winning the counter claims
for substantial damages that it will be asserting in the arbitration.


About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the
development of precious metal prospects in Spain, Nevada and Canada. Its
immediate focus is to begin operations at its El Valle/Carles property in
Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares
issued and outstanding. For more information visit www.kinbaurimaximized.com or
www.kinbauri-gold.com.


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.