KAMINAK BEGINS COLLECTING 10,000 SOIL SAMPLES AT COFFEE GOLD PROJECT, YUKON


Kaminak Gold Corp. has begun an aggressive 2011 soil sampling program on its 100-per-cent-owned Coffee gold project located in the White gold district. A 20-man crew has been mobilized to the property to collect a minimum of 10,000 soil samples across the 150,000-acre Coffee property. Priority targets include extensions to the existing high-tenor anomalies within the core Coffee area, systematic grid sampling over last year’s newly defined Sugar trend gold-in-soil anomaly, and comprehensive first-pass ridge and spur soil sampling across the remainder of the property. Gold mineralization at Coffee is associated with regional-scale structural corridors and to date only approximately 10 per cent of prospective targets have been systematically sampled. A detailed plan map showing the proposed soil sample locations is available for viewing on the company’s website.

The first area of focus for the 2011 soil sampling program is the Sugar trend, a consistent zone of eight kilometres by four kilometres of elevated gold in soil, peaking at 248 parts per billion gold approximately 20 kilometres east-southeast of the known drill discoveries at Coffee. The gold-in-soil anomaly is underlain by a zone of dikes intruding granite which are intermediate to mafic. Kaminak considers the Sugar trend to be extremely significant as the scale and tenor of gold-in-soil geochemistry is similar to early sampling over the Coffee core area that produced several gold occurrences, such as Supremo and Latte. Pending favourable soil results, drilling at Sugar is expected to take place in early September, 2011.

Lack of glaciation over the Coffee property has allowed in situ soil sampling to be employed as a highly effective exploration tool. All of Kaminak’s gold discoveries to date have been found by drilling directly underneath gold-in-soil anomalies. Approximately 19 kilometres of untested soil anomalies are known on the property, each warranting drill follow-up. Only 10 per cent of the property has experienced systematic grid soil sampling.

Kaminak has contracted Ground Truth Exploration Inc. of Dawson City, Yukon, to complete the 2011 soil sampling program.

Drill update

Presently, three diamond drills are located at the Latte zone and are focused on expansion drilling and targeting the newly discovered high-grade zone of 9.6 grams per tonne gold over 17 metres and 17.4 g/t Au over seven metres.

Reverse circulation drilling at the Supremo zone is complete and assays are pending. The RC drill has now been mobilized to the Kona zone for follow-up on the 2010 drill discovery of 2.2 g/t Au over 57 metres. The total strike length of the untested Kona gold-in-soil trend exceeds two kilometres.

Kaminak’s disclosures of a technical or scientific nature in this press release have been reviewed and approved by Dr. Rob Carpenter, PhD, PGeo, Kaminak’s president and chief executive officer, who serves as a qualified person under the definition of National Instrument 43-101.

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