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PMI Gold Corporation (TSX-V: PMV) (ASX: PVM) ("the Company") is pleased to announce that it has filed on SEDAR the NI 43-101 compliant technical report on the Obotan Project outlining the updated mineral resource estimate.

This report relates to PMI's announcement titled "PMI set to complete Feasibility Study on Obotan Gold Project After Confirming Resource Inventory", which was announced on April 11, 2012.



On behalf of the Board,

"Collin Ellison"

Managing Director & CEO


For further information please contact:

Investor Relations Canada:
Rebecca Greco, Fig House Communications
P. +1 (416) 822-6483
E. fighouse@yahoo.com

Investor Relations Australia:
Nicholas Read/Paul Armstrong, Read Corporate
P. +61 8 9388 1471
M. +61 419 929 046

PMI Contact Canada:
Marion McGrath, Corporate Secretary
P. +1 (604) 684-6264
Toll-Free: 1 (888) 682-8089

PMI Contact Australia:
Collin Ellison, Managing Director & CEO
P. +61 8 6188 7900

or visit the PMI Gold Corporation website at www.pmigoldcorp.com