TORONTO, ONTARIO--(Marketwire - Dec. 21, 2010) - High River Gold Mines Ltd. ("High River" or the "Company") (TSX:HRG) announces the resignation of Andrei Maslov as a Chief Financial Officer and Director of the Company effective December 20, 2010.

About High River

High River is an unhedged gold company with interests in producing mines and advanced exploration projects in Russia and Burkina Faso. Two underground mines, Zun-Holba and Irokinda, are situated in the Lake Baikal region of Russia. Two open pit gold mines, Berezitovy in Russia and Taparko-Bouroum in Burkina Faso, are also in production. Finally, High River has two advanced exploration projects with NI 43-101 compliant resource estimates, the Bissa gold project in Burkina Faso and 50% interest in the Prognoz silver project in Russia.