Kinbauri Gold Provides Update on Review of Strategic Alternatives

Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) today
provided an update on its review of strategic alternatives to maximize
shareholder value in response to the unsolicited offer to purchase all of the
outstanding Kinbauri shares made by Orvana Minerals Corporation (TSX:ORV)
("Orvana").


The Special Committee (the "Special Committee") of the Board of Directors of
Kinbauri is continuing to conduct a value maximization process that is designed
to facilitate the proposal of superior alternatives from qualified third
parties. A number of parties have entered into confidentiality and standstill
agreements with Kinbauri and are conducting due diligence that includes
reviewing materials in an electronic data room and site visits.


Gryphon Partners is acting as financial advisor to the Special Committee and
Wildeboer Dellelce LLP is acting as legal advisor.


On June 9, 2009, Kinbauri's Board of Directors unanimously recommended that
Kinbauri shareholders REJECT the unsolicited offer to purchase all of the
outstanding Kinbauri shares made by Orvana Minerals Corporation (TSX:ORV)
("Orvana") as described in a take-over bid circular dated May 25, 2009.


Shareholders do not have to take any action on the Orvana offer and the Kinbauri
Board urges you to reject it.


For assistance in withdrawing any shares already tendered, or other questions,
please contact Laurel Hill Advisory Group, the Information Agent retained by
Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from
anywhere in Canada or the United States and collect at 416-637-4661 from outside
North America.


About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the
development of precious metal prospects in Spain, Nevada and Canada. Its
immediate focus is to begin operations at its El Valle/Carles property in
Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares
issued and outstanding. For more information visit www.kinbaurimaximized.com or
www.kinbauri-gold.com.


This press release contains certain forward-looking statements, which are based
on the opinions and estimates of management at the date the statements are made,
and are subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those projected. 
Kinbauri undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change.  The reader
is cautioned not to place undue reliance on forward-looking statements.

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