Kinbauri Extends Warrants

Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) announces
that the common share purchase warrants expiring on September 30, 2008, have
been extended to March 31, 2009. In connection with the extension, the warrants
have been amended to include a forced conversion if the common shares of
Kinbauri close at $0.85 or more for fifteen consecutive trading days, subsequent
to which the warrants will expire in 30 days.


Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the
development of mineral properties, primarily precious metal prospects in
northwestern Spain, Nevada and Canada.  Its immediate focus is to expand and
upgrade resources to reserves at the El Valle property in Asturias, Spain in
order to start operations at the mine and existing mill complex there in early
2010.  It currently has 48,752,695 common shares issued and outstanding.


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.


Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri  where investors can
post questions and receive answers or review questions and answers already
posted by other investors.  Kinbauri Web-Site: www.kinbauri-gold.com.