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VANCOUVER, April 3 /CNW/ - Mexivada Mining Corp. is pleased to report the assay results from the final five drill holes from its Phase 1 program at its La Republica silver-gold-zinc-lead property, Yécora Mining District, Chihuahua, Mexico. These five core drill holes were completed to target in December 2007 and early 2008 in the central part of the concessions area. La Republica is situated 12 kilometres south of the Yécora gold-silver property, which is controlled by Mexivada and Coeur d'Alene Mines Corporation.

The results of the five completed drillholes, LR07-8 through LR08-11 are listed below, as well as the results from the drillholes LR07-1 through LR07-7 from drilling earlier in 2007. High-grade silver mineralization was found in drillholes 8 and 11, in the Main Stope area. There are not enough drillholes to allow for a resource estimate, only for an initial, preliminary evaluation of the mineral system tested to date. Only the central part of the property has been drilled with these initial, Phase 1 test holes. Vein widths of up to 8.5 metres were encountered in the holes drilled by Mexivada, but only the main vein and hanging wall parts of the systems were tested, as sticky swelling clays prevented drill testing of the footwall side of the main veins. Previous lessee Sierra Nevada Gold reported that it encountered vein silver-gold mineralization in the footwall near the main decline shaft, and mineralized zones up to 21 feet wide were encountered in the footwall by the early miners.

	    ------------------------------------------------------------------------- 	    Hole          Target Area          From      To   Length      Au      Ag 	     No.                                 (m)     (m)      (m)   (g/t)   (g/t) 	    ------------------------------------------------------------------------- 	    LR07-1         Bill                 165     167      2.0    0.07   101.3 	    including                           165     166      1.0    0.05   159.0 	    ------------------------------------------------------------------------- 	    LR07-2         Bill- North          176     178      2.0    0.14   260.3 	    ------------------------------------------------------------------------- 	    LR07-3         Polverine- North     172.5   177      4.5    0.11    13.6 	    including                           176     177      1.0    0.31    19.0 	    ------------------------------------------------------------------------- 	    LR07-4         Main Stope- Shaft    178     179      1.0    0.02    96.0 	    ------------------------------------------------------------------------- 	    LR07-5         Main Stope           181     182.5    1.5    0.02   446.7 	    including                           181.5   182      0.5    0.03  1085.0 	    ------------------------------------------------------------------------- 	    LR07-6         Main Stope           179.5   181.5    2.0    0.14   775.5 	    including                           180.5   181      0.5    0.01  1960.0 	    ------------------------------------------------------------------------- 	    LR07-7         Tiro Vaca South       47.5    48.0    0.5    0.58    85.0 	    ------------------------------------------------------------------------- 	    LR07-8         Main Stope-North     143     146      3.0    0.04   709.2 	    including                           143     143.5    0.5    0.02   989.0 	    including                           145     146      1.0    0.05  1025.0 	    ------------------------------------------------------------------------- 	    LR08-9         Polverine             47.5    56.0    8.5    0.12    39.7 	    including                            50.5    52      1.5    0.18    88.0 	    ------------------------------------------------------------------------- 	    LR08-9B        Polverine             55      57.5    2.5    0.07    29.6 	                                         59      60      1.0    0.33    24.0 	    ------------------------------------------------------------------------- 	    LR08-10        Polverine- South     154     156.5    2.5    0.04    22.6 	    ------------------------------------------------------------------------- 	    LR08-11        Main Stope-North     146     148.5    2.5    0.07   319.0 	                                        148.5   152      3.5    0.03    15.9 	                                        152     152.5    0.5    0.04   124.0 	    including                           147     147.5    0.5    0.25  1185.0 	    ------------------------------------------------------------------------- 	    Notes: (m) = Metres. Length is reported in metres of drilled 	           core and is not necessarily the "true" width. Au and Ag g/t: 	           Gold and silver grades are reported in units of grams per tonne 	           gold and silver. 	    

Mexivada's drilling showed robust silver mineralization in the Main Stope area below the 300 level adit. Drillholes 5, 6, 8, and 11 all intersected silver mineralization north of the shaft, with an average drill core width of 2.25 metres at an average grade of 572 grams per tonne ("g/t") silver and 0.07 g/t gold. This Main Stope zone is at least 67 metres long, north of the decline shaft, and has a minimum drill-tested downdip length of 118 metres below the 300 foot mine level. The area south of the decline shaft was not tested in the Phase 1 drill program, but was stoped during the original mine operations, and remains an additional target for future exploration.

A second potential silver zone, named the "Bill" zone is situated north of the Main Stope zone, perhaps separated by a cross fault, shown on a map on Mexivada's website at www.mexivada.com. Drillholes 1 and 2 tested this zone, indicating a vein thickness of approximately 2 metres and grades between 101 and 260 g/t silver and 0.1 g/t gold. The Bill zone is approximately 90 metres long and has a minimum drill-tested downdip length of 118 metres below the 300 foot mine level. A cross fault separates the Bill Zone from the Polverine Zone to the north.

Two wide-spaced and two tightly-spaced drillholes tested the Polverine zone, where a 2-meter Mexivada channel sample assayed 1,230 g/t silver, 0.88% zinc, 0.31% lead, and 0.2 g/t gold. The La Republica vein was intersected at Polverine in all the holes, across widths of 2.5 to 8.5 metres, but averaged only 14 to 40 g/t in silver. These drillholes could have missed the Polverine zone if it has a flatter than expected south plunge to the silver shoot.

One drillhole tested the Tiro Vaca zone, situated approximately 135 metres south of the main decline shaft. The La Republica vein was intersected in the hole, across a width of 0.5 metres, and contained 85 g/t silver. No exploration was done south of Tiro Vaca in Phase 1.

In conclusion, the Phase 1 drilling at La Republica tested the downdip extensions of the main vein system in the mine area, with several additional widely-spaced holes both north and south of the main stope. A zone of strong silver mineralization was delineated below the 300 foot level of the old mine workings, which averaged a drill core width of 2.25 metres at an average grade of 572 grams per tonne ("g/t") silver and 0.07 g/t gold, which is open at depth and to the south of the decline shaft. A second zone of silver mineralization, "Bill", was found north of the main stope zone, which warrants further exploration. The goal of Mexivada's Phase 1 drilling program was to find at least one additional mineable high-grade silver-gold stope that could be mined as an adjunct to Mexivada's nearby Yécora gold-silver property, and this goal has been accomplished.

The Company has implemented a quality assurance and control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the best possible practices. The drill core is sawn in half with half of the core samples shipped to ALS Chemex Laboratory Services in Hermosillo, Sonora, Mexico for sample preparation and analysis. The other half of the core is retained in secure custody at the Mexivada office in Yécora for future assay verification. The company QA/QC policy includes the chain of custody monitoring, insertion of blanks, standards and duplicates in the initial samples submitted. The laboratory provides an additional internal control program. This press release and its contents have been reviewed by Richard R. Redfern, Mexivada's President, who is a Certified Professional Geologist and Qualified Person as defined under National Instrument 43-101.

About Mexivada Mining Corp.

Mexivada is a diversified Canadian mineral exploration company focused on identifying, acquiring, advancing, and joint venturing high-grade Gold-Silver, Molybdenum, Diamond, and Rare Metal exploration projects in Mexico, Nevada, and the ROC Republic of Congo. Managed by experienced and successful board members and advisors, Mexivada is well financed with no debt. For further information, including area maps, sections, and photos, please visit our web site at www.mexivada.com or contact us by e-mail at info(at)mexivada.com.

	    ON BEHALF OF THE BOARD OF DIRECTORS  	    "RICHARD R. REDFERN"  	    Richard R. Redfern 	    President  	    The TSX Venture Exchange does not accept responsibility for the adequacy 	    or accuracy of this release.  	    Caution Concerning Forward-Looking Statements