Rusoro Exports First Gold Shipment

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 22, 2010) - Rusoro Mining Ltd.
(TSX VENTURE:RML) ("Rusoro" or "the Company") is pleased to report that the
Company's first offshore gold sale has been completed. The Company delivered
4,924.2 ounces of gold to Switzerland for its gold buyer on November 17, 2010 at
a spot gold sale price of US$ 1342.5 per ounce less associated costs and
commissions. Rusoro's first gold export in accordance with the Central Bank of
Venezuela ("CBV") permit which became effective on November 1, 2010, authorized
the sale of approximately 50% of the gold produced from the Choco 10 and Isidora
mines from August 11, 2010 through September 30, 2010.

Rusoro President and CEO Andre Agapov comments, "This marks the first authorized
and executed gold sale from Venezuela under the new CBV export rules and the
first gold export for Rusoro ever. We are very pleased to have been able to work
through the process with the CBV and reach this significant milestone for the
Company."

The Company expects to have 20,000 ounces of finished gold for October and
November production from the Choco 10 and Isidora mines. Rusoro will begin the
audit and permitting process immediately with the CBV to authorize the sale of
up to 50% of this gold production for a subsequent off-shore gold sale in
December 2010.

http://www.marketwire.com/press-release/Rusoro-Exports-First-Gold-Shipment-TSX-VENTURE-RML-1357303.htm