F.D.G. Mining Inc. announced that it has acquired 100% of the strategic San Pedro concession (3,500 ha) in the La Libertad mining camp, eastern Nicaragua. The San Pedro concession adjoins the Company's 100% owned El Santo concession which is to the west and adjoins B2Gold's La Libertad mine property to the north. The San Pedro/La Libertad claim boundary is 900 meters south of B2Gold's Jabili mine development.

Structural interpretation by the Company's geological teams indicate that the main structure that controls the ore bodies at La Libertad is offset by another structure onto the San Pedro concession. Initial prospecting and mapping on the San Pedro concession has returned more than 20 gold bearing float and chip samples with values up to 28 g/t gold. The Company is planning a 1,600 sample soil geochemical survey, prospecting and geological mapping on San Pedro, followed by trenching and drilling, if warranted.

In conjunction with this program, a 500 sample soil geochemical survey and geological mapping program will be carried out on the northwest quadrant of the El Santo concession.