2009

ANCOUVER, BRITISH COLUMBIA - TintinaGold Resources Inc. (TSX VENTURE:TAU) ("TintinaGold" or the "Company") and AsiaBaseMetals Inc. are pleased to announce that they have completed the previously announced arrangement. Shareholders of record of TintinaGold on October 8, 2009 have received one AsiaBaseMetals Inc. common share for each one TintinaGold common share held on that day.

Options and warrants to purchase shares of TintinaGold outstanding immediately prior to October 8, 2009 have been adjusted pursuant to the terms of the Plan of Arrangement.

For more information, see the Company's Information Circular dated August 24, 2009 filed under the Company's profile on SEDAR at www.sedar.com.

ON BEHALF OF THE TINTINAGOLD
RESOURCES INC. BOARD OF DIRECTORS
"RAJ I. CHOWDHRY"
_________________________________
Raj Chowdhry, C.A.

President & CEO ON BEHALF OF THE ASIABASEMETALS INC. BOARD OF DIRECTORS
"RAJ I. CHOWDHRY"
_________________________________
Raj Chowdhry, C.A.
President & CEO
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