Michigan Gold Mining Investments, INC. (fka MGGV)

[Marlboro Man]

Michigan Gold Mining Investments Inc. (PINKSHEETS: MGGV) is pleased to announce it has acquired seventy percent (70%) in the St. Nicholas property in Elliot Lake. The St. Nicholas consists of 55 claims (approx. 2,200 acres) situated northwest of the Elliot Lake Uranium camp in Northern Ontario Canada.

Mike White, MGGV's senior geologist describes the property as follows: "The property hosts and is adjacent to a number of significant Copper (CU) showings with minor Gold (Au) and Silver (Ag) values, intersected by previous diamond drilling completed in the in the 1960s. The mineralization appears related to significant breccia zones that have been intersected in ninety (90%) percent of the drill holes near or within the property. The drilling intersected Cu values ranging from 1.1% over 3 meters (9.6 ft.) to 0.;5% over 12 meters (43 feet), with minor Au and Ag values (.1 oz/ton and 7 oz/ton Ag). Further, the property has numerous U (Uranium) showings occurring along trend with the breccia zones along a probable West-North-West structure that parallels the North Elliot Lake sedimentary basin margins near Quirke Lake and several old uranium mines."

The geological setting of the St. Nicholas property has strong geological similarities to the area hosting the Olympic Dam Style Copper, Uranium, Gold, Silver and Unconformity related Uranium-Gold deposits. Previous exploration and mining in the Elliot Lake area have focused on conglomerate hosting Uranium with little or no consideration for other types of deposits.

MGGV's new St. Nicholas property was identified from examining the records of Mr. S. Wilcox by MVW White (PGeo). The Wilcox/MVWA prospecting Alliance retains a thirty percent (30%) interest in the property as well as a 2% royalty which MGGV has the option to purchase for two million ($2,000,000) Canadian dollars. Evaluation of Wilcox prospecting data and MNDM assessment files by MVWA is continuing.

Michigan Gold's President, Ben Fuschino commented, "Michigan Gold is delighted to be involved in the Elliot Lake camp. The St. Nicholas property's location in North America greatly reduces the political and title risk that is predominate in third world countries and offers our company a good opportunity to develop the property with less chance of running into unanticipated development costs."

Michigan gold will keep the public informed of the exploration results on the St. Nicholas property in the coming weeks.

About Michigan Gold Mining Investments, Inc.

Michigan Gold Mining Investments, Inc. is an American junior mineral exploration company presently in the process of developing mineral assets in North America. Michigan Gold currently retains a one hundred percent (100%) title to a Platinum/Palladium prospect in Northern Ontario, named the 'Deadmoose Lake' property.

Michigan Gold is committed to the accumulation and development of unhedged precious and industrial metal deposit sites in America.

The company is of the opinion that the bull market in metals is a trend that will continue over a generation. The current low levels in Global Inventory in most metals and, most importantly, longer-term strategic considerations originating from high-growth oriented economies in China, India and other Eastern nations has placed extreme pressure on pricing in the metals markets. These factors, coupled with the weakness of the US Dollar due to the USA's large budget and current account deficits, may support historically high dollar prices in metals for many years to come.

Major metals miners have hedged most producing properties and cannot strongly benefit from rising price trends over the near term. This places junior miners in a very advantageous position. As properties are proven and production is ascertained to be feasible, the ability of Michigan Gold Mining Investments to profit from these historically high metals prices should come to fruition.

Michigan Gold Investments Inc. (trading symbol MGGV) is listed on the OTC market and has commenced the process of becoming a full reporting US company.

Forward-Looking Statement

The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995. While the Company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

For more information Contact:
John
989-509-5908
or email Contact via http://www.marketwire.com/mw/emailprcntct?id=C2192B1A0D10946B
Investor Relations
Website: www.michigangold.net



SOURCE: Michigan Gold Mining Investments Inc.

http://www.michigangold.net