Notice of Change of Auditors for MGold Resources Inc.

MGold Resources Inc. (TSX VENTURE:MNI) (The "Corporation) announces Sievert &
Sawrantschuk, LLP has at the request of the Corporation resigned as auditor of
the Corporation effective February 20, 2013. 


With the Corporation's move from Quebec to Alberta, The Board of Directors of
the Corporation has recommended Myers Norris Penny (MNP) of Calgary, Alberta as
the replacement auditor for the Corporation.


In the opinion of the Corporation, throughout the period Sievert & Sawrantschuk,
LLP was the Corporation's auditor, there have been no reservation in the
auditor's reports or any "reportable events" as that term is defined in Section
4:11 of National Instrument 51-102: "Continuous Disclosure Obligations".


The resignation of Sievert & Sawrantschuk, LLP has not occurred because of any
reportable disagreement or unresolved issue involving the Corporation, or any
consultation with the successor auditor, MNP, Calgary, Alberta.


MGold Resources Inc. is a Lethbridge, Alberta based corporation engaged in the
exploration for petroleum and natural gas. The Corporation's common shares are
listed on the TSX Venture Exchange under the trading symbol "MNI". 


FOR FURTHER INFORMATION PLEASE CONTACT: 
MGold Resources Inc.
Mr. John Squarek, P. Eng., MBA
President, Chief Executive Officer, Chairman of the Board
403-388-0969
[e-mail]