Pelangio Files Audited Financial Statements

Pelangio Mines Inc. (TSX: PLG) ("Pelangio" or the "Company") has filed its audited financial statements for the year ended December 31, 2007. The audited financial statements, management's discussion and analysis, and the annual information form for the year ended December 31, 2007 are available on SEDAR under the Company's name.

About Pelangio

Pelangio is a gold exploration company active in the top-ranked mining jurisdictions in the world, Canada and Ghana. The Company's main focus is to advance its exploration programs on its premier land position in Ghana totalling 290 square kilometres, located on strike and adjacent to AngloGold Ashanti's Obuasi gold mine.

Pelangio also has a 49.0% equity interest in Detour Gold, which controls the Detour Lake advanced gold exploration project. The near-term objective of Detour Gold is to advance the Detour Lake project to development and production.

For additional information, please visit our website at www.pelangio.com .

Contacts: Pelangio Mines Inc. Ingrid Hibbard President & CEO (905) 875-3828 or Toll Free: 1-877-746-1632 Pelangio Mines Inc. Warren Bates Vice President Exploration (905) 875-3828 or Toll Free: 1-877-746-1632 (905) 875-3829 (FAX) Email: info@pelangio.com Website: www.pelangio.com