Kalimantan Gold appoints Bambang Setiawan as commissioner

Vancouver-based firm Kalimantan Gold Corporation Limited announced Tuesday the appointment of Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kalimantan Surya Kencana (KSK), a wholly owned Indonesian subsidiary of the Company which holds the KSK Contract of Work.

Bambang Setiawan is a former Director General of the Department of Mines and Energy in Indonesia. Setiawan's deep local knowledge and experience both within the government and the mining industry in Indonesia is a welcomed addition to strengthening KSK's expertise in government relations and the board of KSK.

Setiawan received his Ph.D in Geology and Mining Exploration from The Ecole Nationale Superieure Des Mines de Paris, France, in 1993. Mr. Setiawan spent 30 years at the Department of Mines and Energy before joining KSK.

In conjunction with this appointment, the Company has granted 200,000 five year share purchase options, at an exercise price of C$0.07 per share.

Kalimantan Gold Corporation Limited is a junior exploration company listed on both the TSX Venture Exchange in Canada and on AIM in London. The Company has two exploration projects in Kalimantan: the Jelai epithermal gold project in East Kalimantan (which is optioned to Tigers Realm Minerals) and the KSK Contract of Work in Central

Kalimantan with multiple porphyry copper and gold prospects (which is optioned to a wholly owned subsidiary of Freeport-McMoRan Exploration Corporation). (denny)