RML Rusoro Mining Ltd

Rusoro Mining (TSX VENTURE:RML) is pleased to announce that it has formally
completed landmark agreements with MIBAM to custom mill ore from various
MINERVEN operations in the El Callao District and to officially begin processing
the ore being developed at the Isidora Mine. 


- A series of contracts will allow Rusoro to process ore at Choco 10 for
MINERVEN. The ore will include sands, tailings and other sources being evaluated
from their various operations. The contracts have established that 2,000,000
tonnes of gold bearing tailings and sands are available from MINERVEN for
contract milling. The contract between the Venezuelan Government and a foreign
mining company represents the first of its kind in Venezuela 


- A formal agreement with the Government was also completed to process 50,000
dry tonnes of ore mined from Isidora at the Choco 10 mill, as part of the
recently announced JV between Rusoro Mining and MIBAM/MINERVEN


- Production from underground at Isidora was officially re-initiated during the
month of August, with over 2200 tonnes of high grade ore, grading in excess of
30g/t, ready for shipment to Choco 10 for processing


Rusoro President, George Salamis, stated, "The Company is very pleased to have
concluded these agreements and officially become a partner with the Venezuelan
Government. The company expects to build on this precedent setting relationship
and looks forward to developing additional revenue generating agreements in the
near term."


NI-43-101 Compliance and QA/QC

Sample analyses have been conducted at independent commercial assays labs
located in Bolivar State Venezuela including; Actlabs in Tumeremo, ACME Lab in
Guasipati and Triad Labs located in El Callao. All sample analyses was completed
using industry standard practices and standard samples, blanks and duplicate
check samples were randomly inserted into the sample stream to ensure quality
control. A review of the QA/QC results shows no significant bias and all results
are considered highly reliable. Sample rejects for all samples are retained and
are available for any further testing which may be required. 


Qualified Person: Mr. Gregory Smith, P.Geo, the Vice-President Exploration of
the Company, is the Qualified Person as defined by National Instrument 43-101,
and is responsible for the accuracy of the technical data contained within this
news release.


About Rusoro

In the last 12 months, Rusoro has successfully completed the acquisition of two
operating mines in Venezuela. The Company currently operates the fully permitted
Choco 10 and Isidora Mines, processing the ore through the Choco Mill facility
near the town of El Callao. The Company has significant 43-101 compliant gold
resources and has targeted production of approximately 150,000 oz/Au in 2008.
Rusoro is currently working on expanding its production at both the Choco 10
Mill in El Callao and the Emilia Mill in El Dorado where the fully-permitted
SREP Mine is located.


ON BEHALF OF THE BOARD

George Salamis, President

Forward-looking statements: This document contains statements about expected or
anticipated future events and financial results that are forward-looking in
nature and as a result, are subject to certain risks and uncertainties, such as
general economic, market and business conditions, the regulatory process and
actions, technical issues, new legislation, competitive and general economic
factors and conditions, the uncertainties resulting from potential delays or
changes in plans, the occurrence of unexpected events, and the Company's
capability to execute and implement its future plans. Actual results may differ
materially from those projected by management. For such statements, we claim the
safe harbour for forward-looking statements within the meaning of the Private
Securities Legislation Reform Act of 1995.

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