California Gold Mining Inc. announced that Michael Churchill will no longer be involved in the day-to-day activities of the company and accordingly will no longer serve in the role of President. Mr. Churchill will remain as a Director of the company, and will continue to be retained by the company to provide consulting services. Patrick J. Cronin, Interim Chief Executive Officer, will also assume the role of Interim President.

In addition to interim responsibility for day-to-day operations, Mr. Cronin's priority will be in recruiting new executive management in connection with the continued pursuit of the development of its Fremont Property.