Kola Presents At The Adam Smith Precious Metals Conference

February 8, 2008
Vancouver, B.C., Kola Mining Corp. ("Kola" or the "Company") announces that the company will be participating at the prestigious 'CIS Precious Metals Summit' conference being held from February 20th to 22nd, 2008 at the Moscow Marriott Hotel.

This annual summit provides mining companies and investors a forum to discuss the latest developments within the industry and build alliances with local partners. To obtain further information regarding this event, refer to the website:

http://www.adamsmithconferences.com/html/2008/metals/mrc011.html

Kola is listed for trading on the TSX Venture under the symbol "CTM", on the OTCBB under the symbol "CTMHF" and on the Frankfurt Exchange under the symbol "C8M". To find out more about Kola Mining Corp., please visit the company website at www.kolamining.com.

On behalf of the Board of Directors of
KOLA MINING CORP.


"Cary Pinkowski"


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Cary Pinkowski
Chairman

The TSX Venture Exchange does not accept responsibility for the adequacy or the accuracy of this release.