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Monday, September 14, 2009

BANDERA RECEIVES NOTIFICATION OF APPEAL OF FIRST INSTANCE RULING

BGL-TSXV September 14, 2009

BANDERA RECEIVES NOTIFICATION OF APPEAL OF FIRST INSTANCE RULING

Bandera Gold Ltd. ('Bandera'.) has received notification from its Mexican counsel, Integroup, that on September 4, 2009 they were advised of a Minera San Jorge/George Barnett appeal to the Fifth Mercantile Court first instance ruling of July 7, 2009.

Bandera had until September 10, 2009 to respond. Our counsel did file a response prior to the deadline. There are three appeal judges that will review the documents before they make a final decision.

Bandera will provide a further update to shareholders as soon as they receive notification from its Mexican counsel regarding the appeal.

On behalf of the Board

Kelvin Williams, CEO

For further information please contact:
Kelvin Williams, President (780) 465-4129
Web: www.banderagold.com

Or Micro Cap et al, Investor Relations at: (877) 642-7622
E mail: info@microcapetal.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Information provided herein contains forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Bandera at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Bandera that actual results achieved will be the same in whole or in part as those indicated in the forward-looking statements.