MOSQUITO
      CONSOLIDATED GOLD MINES LTD.

    MSQ-
      TSX- VENTURE

     

    
      	
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              April
                17, 2007

            	 	 


    

     

    Mosquito
      Stakes Copper-Silver-Indium Property near Mina. Nevada

     

    The
      Board
      of Directors of Mosquito Consolidated Gold Mines Ltd. wish to report that 40
      claims have been staked to cover a mineralized area located approx. 4 miles
      north of the Pine tree project in Nevada known as "Copper Chief”. The area was
      staked after a grab sample from an existing trench along the contact of a quartz
      diorite intrusion assayed 12.02% copper, 356 gms silver/T, 7.93 gms indium
      /T
      and 0.78% Zinc. The presence of indium within the area was not recognized
      previously. The close proximity to Pine tree is very significant and further
      work is ongoing to determine the relationship between the two mineralized
      areas.

     

    The
      Copper Chief area consists of a series of 1 to 10 meter wide, east to north
      east
      trending zones of copper bearing skarn along the contacts of a series of quartz
      diorite dykes, where they cut a thick (up to 2000 feet) sequence of limestone,
      dolomite and fine sandstones. Previous work, consisting of mapping, surface
      sampling and diamond drilling, concentrated only in the area of the surface
      exposures which include several trenches and adits. Examination of the area
      by
      Mosquito personnel indicates that the exposed mineralization appears similar
      to
      mineralization found on the periphery of the Pine tree and other deposits in
      the
      region.

     

    The
      varied compositions of the quartz diorite dykes show the potential for a larger,
      differentiating quartz diorite intrusion close to the current mineralization,
      surface iron rich alteration located away from the historic work also confirm
      this potential. The target for exploration is a large copper, silver, indium
      bearing skarn in the immediate vicinity of the main quartz diorite intrusion.
      Mosquito plans to undertake detailed mapping and sampling of the staked area
      and
      then use the company owned air rotary/reverse circulation drill to prospect
      beneath the extensive alteration zones.

     

    On
      the
      Pine Tree Deposit, extreme weather conditions have slowed drill production.
      Drill-hole 11 was abandoned due to driller error. Drill-hole 11 A was collared
      10 feet away and is currently drilling at 800 feet. Drill-hole llA intersected
      the top of the molybdenum bearing mineralized zone at 177 meters (582 feet).
      Target depth is 518 meters (1700 feet).

    Mosquito
      has purchased a new air rotary/reverse circulation drill and is being used
      to
      pre-drill the top 152 meters (500 feet) (generally barren) of each of the
      diamond drill holes. The top 152 meters of all drill-holes to date have
      encountered extremely difficult diamond drill conditions. Diamond drilling
      is
      substantially better (2

    to
      3
      times) below 152 meters. Diamond drilling to date shows that over a month can
      be
      spent drilling the upper

    152
      meters, due to broken and oxidized zone. This is common in Nevada which is
      known
      for its difficult and high cost drill conditions. Pre-drilling collars using
      air
      rotary has resulted in significant savings in overall drill costs.

     

    The
      air
      rotary drill has already completed two pre-drill holes (diamond drill holes
      # 13
      and # 14) to 152 meters (500 feet) and has drilled a twin hole beside Hole
      PT06-6 to determine if the air rotary system can be used for infill drilling
      between the diamond drill holes. The rig is now continue to pre-drill the upper
      part of the 25 proposed diamond drill holes for this years program., this
      drilling should be completed in 4 to 6 weeks. Once the diamond and air rotary
      drilling is completed, Mosquito intends to use the data to produce a 43-101
      compliant resource for the property.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Of
      significance, a grab sample of a 1.5 meter wide east west trending shear zone
      on
      the east side of the property assayed 4.2 gms gold IT;
      356
      gms
      silver IT;
      1.21
      gms
      Indium IT
      and
      5.92%
      lead. This is similar to a grab sample taken across the 1.6 meter wide, north
      trending Bettles shear that assayed 4.67 gms gold/T; 492 gms silver/T, 0.23
      gms
      indium /T
      and
      3.92%
      lead. The two areas are approximately 1,000 meters apart. Although only grab
      samples, these confirm the potential for gold bearing quartz veins increasing
      to
      the east. It should be noted that these types of precious-base metals veins
      commonly occur around the periphery of porphyry type deposits and can contribute
      to the overall economics of the deposit. Mosquito intends to further investigate
      the potential of these veins during this summer's exploration
      program.

    


    Mr.
      Shaun
      M. Dykes, M.Sc. (Eng), P.Geo. Director of Mosquito is the designated qualified
      person for the Mosquito's Projects, and prepared the technical information
      contained in this news release.

    


    ON
      BEHALF OF THE BOARD Mosquito Consolidated Gold Mines Ltd.

    


    Brian McClay,
      

    President

    


    THIS
      NEWS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS
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