Adelong Gold appoints Ian Holland as Managing Director. Appointment to accelerate Adelong's development of the Adelong Gold Project This appointment introduces an experienced mining executive with a strong track record of operations management and value creation to the Company who has successfully transitioned an exploration project to production and will be charged with accelerating the development of the Adelong Gold Project. Experience Mr. Holland has more than 25 years' experience in the mining industry and was recently the Managing Director of Navarre Minerals Limited.

He was responsible for acquiring the Mt. Carlton Mine and Cush Creek project and transitioning the company from explorer to producer. Previously, Ian was employed at Kirkland Lake Gold as VP Australian Operations responsible for the Fosterville Gold Mine and the Cosmo Union Reefs exploration assets in the NT.

For the 10 years prior, Ian was employed at Fosterville Gold Mine in various positions, from GM operations to production and technical manager. At Fosterville, Ian was a key manager driving the growth of low-cost, high-margin production, which ultimately grew the Market cap from CAD 1.5 billion to CAD 15 billion over a 4 year period. Mr. Holland is a qualified geologist and holds a Masters of Minerals Geoscience and a Graduate Diploma of Applied Finance and Investment in addition to a Degree in Geology, and has experience at the Mount Isa Mines, Mount Gordon Copper Mine and Renison Tin Mine in addition to the Fosterville Gold Mine.