Odin Announces Initiation Of 15,000 Metre Drill Program at Cangrejos, Ecuador

Vancouver, British Columbia - Odin Mining and Exploration Ltd. (TSXV: ODN) (the "Company") announces that it has initiated Phase 1 of a 15,000 metre drilling program at its 100% owned Greater Cangrejos Gold & Copper Project in El Oro Province of Southern Ecuador. Phase 1 of the drilling program will consist of step out holes targeting lateral and depth extensions of known mineralized zone, and testing of surface geochemical anomalies. The upper parts of some holes will also be used to confirm previous drill results for use in a future resource estimate. Necessary permits for drilling have been obtained and drill pads and access roads have been prepared. Initial drilling will consist of seven holes and will be completed with a Hydrocore 2000 diamond drill rig that has been contracted from Hubbard Drilling, based in Cuenca, Ecuador

Odin Mining & Exploration Ltd

Signed: "Lyle Braaten"

Lyle Braaten, Director, VP Legal Counsel

For further information contact:

Lyle Braaten, VP Legal Counsel


T: +1 604 646 1889