Appointment of Exploration Director Colombia

APPOINTMENT OF EXPLORATION DIRECTOR- COLOMBIA

Metminco Limited (ASX & AIM: MNC) ("Metminco" or the "Company") is pleased to announce the appointment of Nick Winer to the role of Director of Exploration, based in Medellin, Colombia.

Nick is a geologist with over 30 years' experience in gold, base metals in South America and will lead the Company's activities in Colombia, in particular, the advancement of the portfolio of gold assets in the Quinchia district.

During a professional career spanning over 30 years across multiple continents, Nick has experience of a range of managerial and technical positions in mineral exploration and project development. He has held positions in senior exploration management with major mining companies as well as with the junior sector. This includes four years as VP Exploration with Anglo Gold Ashanti Colombia where he led the exploration team that discovered the Nuevo Chaquiro copper-gold porphyry deposit in the mid Cauca belt, Colombia in addition to previous experience in the Quinchia district.

Kevin Wilson, Executive Chairman of Metminco said: "I am excited to have someone of Nick's experience and calibre join the Metminco team. His knowledge and extensive exploration experience in Colombia will provide the relevant skills and leadership we need to advance rapidly our Quinchia gold portfolio".

Nick's appointment is a significant achievement for the Company.

For further enquiries contact:

Kevin Wilson

Executive Chairman Metminco Limited;

kwilson@metminco.com.au ;

+61 409 942 355