Arehada Announces Resignation of Chairman

TORONTO, November 11th 2008 - Arehada Mining Limited (TSX: AHD), (the "Company") today announced that it has initiated a temporary shut down of its operations at its mine and zinc plant.

Arehada China has made dramatic reductions in its operational costs and other expenditure over the last several months. However, current zinc and lead prices have made the mine and zinc plant unprofitable. Accordingly, the operations are being suspended to prevent operational losses. The Company believes that the majority of other similar mines in the Inner Mongolia Autonomous Region have also shut down operations due to low commodity prices.

The zinc plant and mine infrastructure are being prepared for the orderly suspension of all activities. Staff at the zinc plant and mine is being reduced to a level that will meet care and maintenance requirements.

About Arehada Mining

Arehada Mining Limited is engaged in the exploration, development, extraction and production of zinc, lead and silver in Dongwuzhumuqinqi, located in Inner Mongolia, China. Arehada produces zinc and lead concentrates, which are then sold to smelters in China.

Arehada has completed construction of a zinc processing plant which is currently producing zin

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Forward Looking Statements

The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, extent of resources actually contained in mineral deposits, actual recoveries achieved in processing ore, technological change, change to regulations affecting the mining industry, risks associated with mining operation in China, environmental and safety regulations risks, and risk associated with failure to obtain required regulatory or third party consent. Forward-looking statements in this release include statements regarding future programs, review completion dates and opportunities. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

Neither the TSXV or the TSX has in any way passed upon the merits of this press release and has neither approved nor disapproved the contents of this press release.