Parallel Mining Commences Drilling on Mane II Property

Parallel Mining Corp. (TSXV:PAL) (the “Company” or “Parallel”) announces the commencement of drilling on the Company’s optioned Mane II property in Burkina Faso. The Company has contracted Forage Orbit Garant BF SAS to conduct approximately 750 meters of reverse circulation drilling intended to test the continuity of the veining systems which host active and historical artisanal mining activity.

The 163 square kilometre Mane II property is located in the Kaya-Goren greenstone belt, approximately 20 kilometers south of Nordgold’s Bissa Gold Mine and approximately 40 kilometers north-northeast of the capital city, Ouagadougou.

Board Resignation

The Company announces the resignation of Mr. Stephen Wilkinson from the Board of Directors. The Board would like to thank Mr. Wilkinson for his contributions and are currently evaluating new candidates for the board.

On Behalf of the Board

John Anderson

President & Chief Executive Officer

T: +1-604-218-7400

E: janderson@parallelmining.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This news release includes certain statements that may be deemed “forward-looking statements.” All statements in this release, other than statements of historical facts, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements.

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Source: cloud.stockwatch.com