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Golden Dawn Minerals Inc. Appoints Ernesto Higueras to its Board

15.02.2011  |  CNW
VANCOUVER, Feb. 15 /CNW/ - Golden Dawn Minerals Inc. (TSXV- GOM, FRANKFURT 3G8) is pleased to announce the appointment of Mr Ernesto Higueras, Chief Executive of Intercapital Agente de Bolsa S.A of Lima Peru. Intercapital, which Mr Higueras founded in 1993, is a brokerage firm in Lima, Peru with a seat on the Bolsa Stock Exchange and he is one of its founding members.

Mr Higueras was a member of the board of the Lima Stock Exchange from 2001 to 2004. He was also member of the Board of CAVALI (Peruvian Clearing House) between 2006 and 2010. He was instrumental in negotiating the contract between CAVALI and the Canadian Clearing and Depository Service (CDS) regarding the trading and settlement of transactions in securities in Peru. Mr Higueras brings with him a wealth of experience in the financial industry. He received a bachelor of Business Administration from Montgomery College, Maryland, U.S.A. Mr Ernesto Higueras will act as an independent director.

Wolf Wiese said: "The directors and I welcome Mr. Higueras to the board and look forward to his valuable contribution to the board and to the expansion of the Company\'s international shareholder base."

The company has resumed its drill program two weeks ago and is currently working towards the completion of its 2500 m phase 1 drill program on the Greenwood Project\'s Wild Rose and Tam O\'Shanter claims. New assay results will be available in the near future. In view of the drill results published earlier this year, the Company is optimistic that the historic drill results will be verified and that the known mineralized zone on the Wild Rose Property extending onto the Tam O\'Shanter property will prove the widespread low grade bulk tonnage of gold and copper mineralization and higher grade IN THE KNOWN veins systems within the 2000x200x200 m zone.

The reader is cautioned that historical drilling results are being confirmed by current drilling, and such historical results cannot be relied upon until reconfirmed. There are no known mineral resources on the property, and there can be no assurance that any mineral resources will be discovered on the properties, and if discovered there is no assurance that any mineralization may be economically extracted.

The information in this release has been reviewed on behalf of the Company by consultants Dr. Stewart A Jackson, P. Geol. and Mike Dufresne, M.Sc., P.Geol., Qualified Persons. The program is being supervised by Mike Dufresne of APEX Geosciences Ltd.


ON BEHALF OF THE BOARD OF DIRECTORS OF GOLDEN DAWN MINERALS INC.

"Wolf Wiese"

Wolf Wiese
President/CEO



THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY\'S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR.




For further information:

GOLDEN DAWN MINERALS INC.
575, 1111 WEST HASTINGS STREET,
VANCOUVER, BC, V6E 2J3
Telephone: (604) 221-8936
Facsimile: (604) 685-2360
www.goldendawnminerals.com
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