American Bonanza Announces Key Management Addition

is pleased to

announce the addition of Douglas Wood as Vice President, Exploration. Mr. Wood is a licensed

Professional Geologist, M.Sc Geology and Geophysics with over 36 years experience in metallic

and non-metallic deposit exploration and development. Mr. Wood was formerly the Exploration

Manager, Great Basin for Newmont Exploration Limited (1984-1991), where he focused

corporate attention on the potential of the Carlin Trend. Scale-up of exploration projects for

Newmont led to major commercial gold discoveries that continue in production today. Since

1991, Mr. Wood has worked as an independent consultant and served as designer and manager

of several successful exploration campaigns that produced commercial discoveries in Central and

Northern Mexico. Mr. Wood is a well-rounded technical professional with long experience in

integrated, team oriented application of geological, geophysical, geochemical and other

geotechnical data to new resource discovery and reserve expansion at commercial properties in

both the U.S. and Mexico.

Mr. Brian Kirwin, President and CEO, commented, “On behalf of American Bonanza's Board of

Directors, we welcome Mr. Wood to the management team, and are very excited about his

upcoming contributions to the exploration programs at Copperstone. His enthusiasm for the

potential of Copperstone is a strong endorsement of the ultimate upside potential for the

Copperstone Gold Mine.”