Vancouver, British Columbia….American Consolidated Minerals Corp. (the “Company”) is pleased to report that a core drill program has commenced at its Sierra Rosario Silver/Gold Property (“Property”), located in Sinaloa State, Mexico.

The drill program, the first to be conducted at the San Rafael Zone, will total approximately 1,400 metres in six holes and is designed to test a 600-meter length of a coincident Induced Polarization (“IP”) geophysical and silver/gold geochemical soil anomaly. The program will be managed by International Northair Mines Ltd. (TSXV: INM) (“Northair”) the Operator of the Project, who is also the Company’s 50% joint venture partner.

See press release of May 24, 2012 for an exploration summary and background information on Sierra Rosario.

This news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and approved by Fred Hewett, Northair’s President and CEO, and a Qualified Person under NI 43-101.

American Consolidated is dedicated to the principles of environmentally sound mining practices and believes that environmental stewardship and mining can co-exist.

For details on the Company and its properties, visit the Company’s website at www.americanconsolidatedminerals.com.

ON BEHALF OF THE BOARD:

Signed “Al Fabbro”
Al Fabbro, President, CEO & Director

For further information, please contact: Al Fabbro
Telephone: 1-604-602-4935 / Toll Free: 1-866-602-4935
Facsimile: 1-604-602-4936 / Website: www.americanconsolidatedminerals.com