Mahdia Gold Corp.
3300 Bloor street west, Central Tower,11th Floor, Suite 3140, Toronto, Ontario, M8X 2X3

January 9th, 2011.

Press Release.                    FOR IMMEDIATE RELEASE

Mahdia Gold Corp (“MGC”)is a publicly listed corporation on the Canadian National Stock Exchange
(“CNSX”) and trades under the symbol MGD. MGC’s website can be found at  www.mahdiagold.com. The
website of the CNSX exchange is  www.cnsx.ca.

Mahdia Gold is very pleased to announce that the company has formally received a notice from the
Guyana Geology and Mines Commission approving Mahdia Gold’s application for a Prospecting Licence
for gold and precious metals in the OMAI mine.

Mahdia Gold will now be able to open the OMAI mine site and begin working on the property. The
Mahdia Gold executive team plans to visit the Omai mine site within the next two weeks and to soon
thereafter begin activity on the property with men and machinery.

Mahdia Gold is looking forward to a long term successful program at the OMAI and is hopeful that
this exercise will result in increased yield and  value for all our shareholders.

Mahdia Gold is currently reviewing a draft of the AMEC geological report. A final version will be
published immediately upon completion. This report focuses on the OMAI mine and will review past
performance, current conditions and future potential of the mine. The AMEC geological report will
serve as a guide to Mahdia Gold as we commence our operations on the Omai mine.
SOME PHOTOS OF OMAI MINE SITE INFRASTRUCTURE


For further information contact:  Alan Zaakir or David Bending by email:  info@mahdiagold.com
Mahdia Gold Corp currently has 108,304,520 shares outstanding.