Odin Announces Filing of New Technical Report for Cangrejos

Vancouver, British Columbia - Odin Mining and Exploration Ltd. (TSXV: ODN) (the "Company") is pleased to announce that it has it has filed on SEDAR an updated technical report in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects ("NI 43-101") for the Company's 100% owned Cangrejos gold/copper project located in southern Ecuador.

The report contains previously reported drill intercepts and metallurgical results. It also contains a description of the project history, geology, mineralization, sampling procedures and laboratory Quality Assurance/Quality Control procedures.

The Qualified Person for the updated technical report is Michel Rowland Brepsant, FAusIMM.

The updated NI 43-101 technical report is available at www.sedar.com and on the Company's website.

ODIN MINING AND EXPLORATION LTD. For further information contact:
Lyle Braaten, VP Legal Counsel
Signed: "Marshall Koval" tel: +1 604 646-1889
Marshall Koval, President & CEO e-mail: lbraaten@odinmining.com

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