Vancouver, British Columbia ... American Consolidated Minerals Corp. (AJC: TSX-V) (the "Company") reports that it has appointed MacKay LLP, Chartered Accountants, as auditors of the Company for the September 30, 2011 fiscal year.

The appointment follows the resignation of the former auditors, BDO Canada LLP, Chartered Accountants at the request of the Company. The Company reports that there have been no reservations in the report of BDO Canada LLP for the audits of the most recently completed fiscal period and, in the opinion of the Company, prior to the appointment of MacKay LLP, there were no reportable events. A reportable event is an occurrence in relationship between the reporting issuer and the former auditor which may have been a contributing factor in the change.

A reporting package has been filed with the regulators and will be included in the management materials sent to shareholders for the next annual general meeting of the Company.

ON BEHALF OF THE BOARD

Al Fabbro, President

For further information, please contact Al Fabbro.
Telephone: 1-604-602-4935 / Toll Free: 1-866-602-4935

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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