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Coffee Gold Project: A New Gold District

Kaminak Gold Corporation (KAM: TSX-V) is focused on exploring the Coffee Gold Project, which is located in the emerging White Gold District of the Yukon Territory. In 2010, Kaminak executed the first ever drill program on the Coffee property and since then, 9 separate and closely-spaced gold discoveries have been drilled within a 15km by 5km area. All of these gold discoveries were made by drilling directly underneath gold-in-soil anomalies. Lack of glaciation over the Coffee property has allowed in-situ soil-sampling to be employed as a highly effective and low cost exploration tool. Presently, there are over 20km of untested soil anomalies on the property that warrant drill testing, and only 15% of the 150,000 acre property has experienced systematic grid soil sampling.

The 2012 Phase One exploration program is fully funded and includes a minimum of 50,000 metres of drilling. The objectives of the program are to expand the high-priority zones along strike and at depth, drill new discoveries and identify new drill targets through soil sampling. The results from the 2012 program are expected to lead to a maiden NI 43-101 compliant resource on the Coffee property. Kaminak presently has approximately 74,000,000 shares outstanding and $21 million in cash.