Rusoro Mining Ltd., (TSX VENTURE:RML) ("Rusoro" or "RML") is pleased to report
that the Company has received the exploitation permit from the Ministry of Basic
Industry and Mines (MIBAM) to begin mining at the Increible 6 gold deposit in
the Bolivar State mining region in south eastern Venezuela. The Increible 6 is
located approximately eight kilometres from the Company's Choco 10 Mine and Mill
where ore from the Increible 6 will be processed.


The permit was duly issued to the Corporacion Venezolana de Guayana (CVG) the
governmental entity which is the legal holder of the Increible 6 mineral title.
General Mining de Guayana, a 100% RML owned Venezuelan subsidiary, has a leasing
contract with the CVG for 20 years from the date of the exploitation permit and
is legally entitled, as formal leaseholder, to perform all the activities
authorized by the permit. It is the only exploitation permit approved this year
in the Venezuelan mining sector.


The Certificate of Exploitation was published in Venezuela's Official Gazette on
September 9th, 2009. With this Exploitation Certificate the Company can now
complete the final step required for the start of mining which is the receipt of
the Permit to Affect Natural Resources from the Ministry of the Environment. The
permitting process remains on track for production from Increible 6 in 2009.


Rusoro's 100% owned Increible 6 deposit is host to 1,587,000 ounces indicated
(23.5 Mt @ 2.11g/t Au) and 1,100,000 ounces inferred (17.5 Mt @ 1.95g/t Au) (see
News Release - Nov. 15, 2007), which Rusoro has advanced through discovery,
delineation and now development. The resource estimates for Increible 6 are
detailed in a technical report dated November 14, 2007, revised and updated
February 14, 2008, titled "Technical Report on the Increible 6 Property, Bolivar
State, Venezuela".


Increible 6, along with Choco 10, was the subject of a scoping study (PA), which
highlighted the production expansion alternatives for the future (see News
Release - May 19, 2009). The positive PA was completed by Micon International
Limited, and evaluated the viability of a major expansion at the Choco Mine and
Mill and which incorporated the nearby Increible 6 gold deposit. The PA is
detailed in a report dated June 2, 2009 and titled "Technical Report on the
Preliminary Assessment of the Expansion of Production at Choco 10, Bolivar
State, Venezuela". The PA outlined favourable economics for a significant
expansion from 135,000 oz Au/yr (2009 guidance) to over 500,000 oz Au/yr at a
cash cost of US$331/oz Au over the life of mine (LOM). The PA is preliminary in
nature, and includes inferred mineral resources that are considered too
speculative geologically to have the economic considerations applied to them
that would enable them to be categorized as mineral reserves, and there is no
certainty that the preliminary assessment will be realized. See news release
(May 19, 2009) for a summary of the basis for the PA and a listing of the
qualifications and assumptions made by the qualified persons.


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 and scientific information
within this news release.


ON BEHALF OF THE BOARD

George Salamis, President

Mineral resources that are not mineral reserves do not have demonstrated
economic viability. 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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