Algold Resources Ltd. announced the appointment of Darin Milmeister to its board of directors. Mr. Milmeister fills the board vacancy as a result of Mr. John Sabine retirement from the board. While Mr. Sabine is no longer a board member, he has been appointed to a newly created Advisory Board of the Corporation along with Mr. Thierry Vergnol, who is a director of the Corporation's Mauritanian subsidiary.

Mr. Milmeister is the Founder and Managing Partner of Extract Capital.