Mosquito Purchases Private Land at Cumo: 2010 Drilling Program to Start

07/19/2010 [ACCESSWIRE]

Vancouver, July 19 2010 - Mosquito Consolidated Gold Mines Limited (Mosquito - TSX Venture: MSQ) is pleased to report that it has entered into an option agreement to purchase 100 acres of private patented mining claims located immediately to the southwest of the CUMO project. The option allows Mosquito to purchase a 100% interest by making three equal payments. Details of the payments are to remain confidential at this time, as other purchases are being examined. The land consists of 8 patented mineral claims that cover the site of the old Baby and Enterprise Mines, which are historic high grade gold producers.

Mining in 1930 produced 177 tonnes grading 70.85 grams gold per tonne (195 tons grading 2.27 ounces gold per ton). The Mine is one of many old gold mines that were found as result of following to bedrock the extensive (>20 miles) of gold bearing placer deposits of Grimes Creek, from which over 3 million ounces of gold were recovered. The upper part of the claim group is located 550 meters southwest of the current Cumo resource area and represents a significant step out. Gold mineralization is believed to be part of the older copper porphyry system that was first outlined during the 2009 drill season..

Mosquito will immediately start road improvements on the claims and then complete at least two holes in the upper north east corner of the property. Depending upon results additional holes may be considered. The holes are designed to not only intersected potential gold bearing quartz veins but also look for the down dip and south western continuation of the main Cumo molybdenum mineralization. Surface examination conducted two years ago by Mosquito geologists did discover molybdenum bearing veins in the immediate vicinity of the upper Baby Mine Adit.

Mosquito is currently awaiting the release of a draft environmental assessment report produced by United States Forest Services that covers the next stage of exploration on the Cumo deposit. The release of the report is expected shortly with a decision on the Environmental Assessment permit expected in early September. The purchase of private land allows Mosquito to start the 2010 drill program while awaiting the final decision on the Environmental Assessment permit.

Mr. Shaun M. Dykes, M.Sc. (Eng), P.Geo., Exploration Manager and Director of Mosquito is the designated qualified person for the CUMO Project and prepared the technical information contained in this news release.

On Behalf of the Board

MOSQUITO CONSOLIDATED GOLD MINES LTD.

Brian McClay

President