PMI appoints highly experienced geologist to lead aggressive exploration push in Ghana

VANCOUVER, May 9 /CNW/ --
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U.S. NEWS AGENCIES

TSX Venture Exchange: PMV

Australian Securities Exchange: PVM

Frankfurt: PN3N.F

VANCOUVER, May 9 /CNW/ - PMI Gold Corporation (TSX.V: PMV) (ASX: PVM) is pleased to advise that it has appointed Thomas Amoah as Exploration
Manager for Adansi Gold Company, a wholly-owned subsidiary of PMI, to
lead the expanding exploration and development activities at the
Company's Obotan and Kubi gold projects and the additional 480km(2) tenement area within the Asankrangwa gold belt and adjoining the Obotan
project.

The appointment of Mr. Amoah, who has extensive experience in resource
exploration and project development within West Africa, is a key
element of PMI's planned development of an experienced senior
management team to develop the full potential of the Company's assets
and transform the Company from a successful explorer to a substantial
West African gold producer. Mr. Amoah was previously employed by Avocet
Mining as their Exploration Manager in Burkina Faso, where he was
responsible for the development and extension of the Inata Gold Mine
resources and other deposits at the Belahouro Project area.

PMI Managing Director and CEO, Mr. Ellison said Mr. Amoah's exploration
and mineral resource evaluation experience would be invaluable to PMI
as it continues its development of a Pre-Feasibility Study at the
Obotan Project, with resources of 1.2 million ounces(1), starts an exploration drilling programme at its Kubi Project, with
resources of 348,000 ounces(2), and recommences exploration on its 70 kilometres tenement package in
the Asankrangwa belt.

'PMI is accelerating its shift from a pure exploration company to one
with substantial development opportunities which we are confident have
the potential to underpin the Company's transition to major gold
production status,' Mr Ellison said. 'These opportunities could lead to
the development of a second project either at Kubi or within the
Asankrangwa gold belt.

'The appointment of Mr. Amoah, combined with the $35 million capital
raising that accompanied the Company's ASX listing in December, has
left PMI ideally positioned for strong growth.

'PMI has a substantial resource inventory, an aggressive exploration
program, a healthy war-chest and is developing a strong, experienced
management team to achieve the next stage in the Company's
development.'

On behalf of the Board,


'Collin Ellison'


Managing Director/CEO

About PMI Gold

PMI Gold Corporation (TSX.V: PMV, ASX: PVM) controls four previous operating mines on 85 kilometres of Ghana's major
gold belts which were successfully mined at much lower gold prices, all
located near the centre of near 200 million ounces of historical gold
production and current resources.

OBOTAN GOLD PROJECT: At PMI Gold's flagship Obotan Gold Project, where previous mining
yielded 730,000 ounces of gold at a grade of 2.2 g/t (at gold prices
below US$350 per ounce), in 2010 PMI Gold announced a maiden 1 million
ounce gold mineral resource estimate(1) and the commencement of an aggressive drilling campaign. Based on the
previous production history at Obotan, PMI Gold plans to quickly
advance the project to the scoping study stage and then, subject to
additional positive exploration results and expansion and upgrading of
mineral resources, to pre-feasibility, targeted for completion in late
2011.

KUBI GOLD PROJECT: PMI Gold's Kubi Gold Project(2) adjoins the 60 million ounce AngloGold Ashanti Obuasi mine, the largest
underground mine in West Africa with a 113 year, continuous mining
history. Recent airborne geophysical surveys have outlined significant
targets, and exploration drill testing of geophysical targets is
proving successful with the discovery of the 513 gold zone -
1.4 kilometres to the SW of the Kubi Main gold deposit.

Mining analysts have recently stated that West Africa will soon become
the World's second largest gold producing region after China, with
Ghana by far the largest gold producer in West Africa.

For project locations and surrounding deposits, please view the complete
news release at our website at www.pmigoldcorp.com.

  1. Indicated Resource of 3.06 million tonnes grading 1.59 g/t gold
     for 156,000 oz; Inferred Resource of 15.64 million tonnes grading
     2.1 g/t gold for 1,053,000 oz., as reported in the December 8,
     2010 technical report prepared by Hellman & Schofield Pty. Ltd.,
     available at www.sedar.com.
  2. Measured Resource of 0.66 million tonnes grading 5.30 g/t gold for
     112,000oz; Indicated Resource of 0.66 million tonnes grading
     5.65g/t gold for 121,000oz; Inferred Resource of 0.67 million
     tonnes grading 5.31 g/t gold for 115,000oz., as reported in the
     December 3, 2010 technical report prepared by SEMS Exploration
     Services Ltd., available at
     www.sedar.com.

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