Re: News Release - Thursday, November 27, 2008
Bactech Provides Update on Government Grant Applications
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Toronto, Canada, November 27, 2008 - BacTech Mining Corporation
("BacTech" or the "Company", TSX.V: BM) today announced that its
Statement of Interest ("SOI") for a grant from the Federal government's
Sustainable Development Technology Canada ("SDTC") fund has been
selected to proceed to the Full Proposal Stage, and a detailed proposal
will be submitted to SDTC prior to January 21, 2009.

In 2007, the $550M SDTC fund supported late-stage development and
pre-commercial demonstration of clean technology solutions: products
and processes that contribute to clean air, clean water and clean land,
and that address climate change while improving the productivity and
the global competitiveness of Canadian industry.

On October 22, 2008, BacTech submitted an application to the SDTC
requesting up to $6M to be applied to the feasibility study and
construction of a 200,000 tonne per year tailings plant to be built in
the Cobalt, Ontario area. At the same time, BacTech also lodged an
application with the Ontario government's Innovation Ontario fund in
the amount of $4M. Both funds provide funding for the construction of
demonstration plants where the technology is at the post-laboratory and
pre-commercial stage.

The next stage of the process will provide a more detailed proposal for
the project. The SDTC is anticipated to provide funds under this
program sometime after July 31, 2009. At this time, the Company has not
received any feedback from the Ontario government with respect to that
grant application.

Ross Orr, President & CEO, stated, "This is a significant development
for BacTech. Given the current equity and debt market environment, we
are pleased that the government recognizes the contribution bioleaching
can provide for cleaning up a problem created many years ago. If we are
successful in obtaining both commitments from the governments, we will
have 50% of our funding in place for the plant."

BACTECH PROFILE

BacTech has developed and patented bacterial oxidation technology for
the treatment of refractory ores and concentrates to enhance the
recovery of gold, silver and base metals. BacTech has successfully
commissioned three bioleach plants for gold and demonstrated its
technology in the selective recovery of base metals from complex
sulphide concentrates in a joint project with Industrias Peñoles de
C.V. of Mexico that was completed in 2001. The Company's focus is the
acquisition of equity positions in projects amenable to bioleaching.
The Company recently signed an agreement to acquire Yamana Gold Inc.'s
33% interest in two refractory gold deposits in Papua New Guinea.

Prospective and current shareholders are invited to join the Company's
official investment forum exclusively at www.pinnacledigest.com. The
forum allows for investor controlled discussion, questions, third party
reports and articles, and progressive feedback from other shareholders
and investors. See http://www.pinnacledigest.com/compan... . Also,
visit www.bactech.com for ongoing updates and to have your name added
to our mailing list.