ZGG

Z-Gold Exploration Inc. (TSX VENTURE:ZGG) ("Z-Gold") is pleased to announce the
acquisition of a group of claims contiguous to its Abitibi Gold Property in
Munro Twp, Ontario. The property is located in the famous Timmins-Porcupine
mining camp within proximity to past and existing producers.


The Abitibi Gold Extension II Property (AEP) consists of 24 unpatented Mining
Claims (29 units) located in the Munro Township in the Timmins-Porcupine Mining
Camp. The property is located 20.9 air Kilometres from the town of Matheson. The
property is easily accessible via Highway 101 and in the North, thru bush road
through the property itself.


Z-Gold will acquire an additional 29 unit claim package known as the Abitibi
Gold Extension II in the Munro Township. To acquire a 100 % interest in the
property, the Company will pay $25,000 CDN and issue 500,000 common shares at
the signature of the agreement and Z-Gold will have to pay $25,000 CDN and issue
500,000 common shares at the first anniversary of the agreement.There currently
exist a 2% NSR on the property in favor of a former owner. This agreement is
subject to regulatory approvals.


Gold exploration activity in the general Munro Township Region has accelerated
as the result of exploration successes in neighbouring townships and along the
regional strike to the east. In Hislop Township, Apollo Gold is currently mining
their Black Fox deposit. The current proven and probable reserves are 6,460,000
tonnes grading 6.4 grams gold per tonne (Apollo Gold website).


The gold zones in Hislop (immediate vicinity; South West of Munro Twp) and
Guibord Townships (immediate vicinity; South of Munro Twp) are associated with
the regional Destor-Porcupine Fault Zone and / or associated splay faults that
trend through the region to the south of and generally parallel to the Pipestone
Fault Zone. Further to the east in the Harker & Holloway Townships Area (20 km
to the East of Munro Township) where the Pipestone Fault Zone joints with the
Destor-Porcupine Fault Zone there are two gold mines which belong to St. Andrews
Goldfields. 


Two old mines , Holt McDermott and Harker-Holloway that are now owned by St.
Andrew Goldfields have historic production (1988-2004) totaling 8.18 millions
tons at a grade of 0.162 opt Au(1) (7.42 million tonnes @ 5.6 gpt Au). Measured
and indicated resources reported in 2006 for the Holt Mine are 2.99 million
tonnes at a grade of 7.3 gpt Au(2). Production at the Holloway Mine to 2004 is
reported as 4.73 million tons at a grade of 0.166 opt Au(1) (4.29 million tonnes
@ 5.7gpt Au). Measured and indicated resources reported in 2006 for the Holloway
Mine are 1.04 million tonnes at a grade of 7.8 gpt Au(2).


The Abitibi Greenstone Belt is well known to have hosted a large number of world
class gold mines both large and small. Current and past producers in the area
include the Croesus Mine (1.5 km to the South West of the Abitibi Gold Property
(AGP)), St. Andrews Goldfields (20 km to the East of the AEP), Apollo Gold (10
km to the South West of the AGP), and the Harker Holloway Gold Mine (20 km to
the East of the AEP).


The Destor-Porcupine fault zone (DPFZ) extends 200 km from Timmins, Ontario, to
Destor, Quebec. The DPFZ is part of Abitibi Greenstone belt, known as the
largest and most prolific Archean greenstone belt in the world. In Timmins,
mines are characterized by richly mineralized and extremely deep deposits with
relatively short strike lengths but large down-plunge extensions. They have
plunge lengths of up 2 km and most remain open at depth.


Mines in the Timmins-Porcupine camp have produced over 70 millions ounces of
gold (Timmins Resident Geologist Annual Report 2010, MNDM Website). Recent
discoveries have added another 20 millions ounces of mineable reserves :
Goldcorps Hoyle Pond complex, as well as the Lakeshore's Timmins West mine, and
their Thornloe discovery bodes well for the Timmins mining camp.


Detailed prospecting has been conducted on the property since 1984. Said
exploration has included the re-evaluation of a number of previously known
gold-bearing quartz vein zones; and has resulted in the discovery of additional
associated gold zones as well as previously undiscovered gold-bearing areas. A
number of these auriferous zones have been tested by old pits and shallow
prospect shafts. More recent exploration during the period 1984-94 has included
stripping/trenching/sampling; geophysical surveys; and follow-up, limited
diamond drilling.


This gold-bearing vein in places contains abundant blebs and coarse needles
(laths) of arsenopyrite. Subsequent examinations have shown that visible gold
(spectacular in places) is present in both the flat-lying vein and in thin,
cross-cutting quartz stringers within the highly altered (carbonatized) basaltic
wall rocks. The higher-grade gold values appear to be associated with zones of
abundant arsenopyrite present in both the quartz veins and the adjacent
wallrocks. Accessory minerals also present in the quartz veins are minor
chalcopyrite, sphalerite and fuchsite.


About Z-Gold Exploration Inc.

The head office of Z-Gold is located at 15, rue Gamble East, Suite 204,
Rouyn-Noranda, QC, J9X 3B6. Z-Gold Exploration Inc. is exploring for gold and
base metals in the Abitibi Greenstone Belt.


Z-Gold has as its flagship property the Abitibi Gold Property located in Munro
Township in the famous Timmins mining camp. There are many surface gold showings
that require investigation by ground geophysical surveys and followed up by a
diamond drilling program. A recent airborne survey has successfully outlined
many EM and magnetic structural features. A geophysical feature similar to the
Croesus mine has been identified. The Abitibi Gold Property consists of five
mining leases containing 85 claims (91 units) located approximately 86
kilometres east northeast of the city of Timmins in the Larder Lake Mining
Division, Ontario.


Z-Gold Exploration Inc. is a publicly listed company trading on the TSX Venture
(ZGG).


This press release was prepared by Z-Gold Exploration Inc. Neither the TSX
Venture Exchange Inc nor its Regulation Services Provider (as that term is
defined in the Policies of the TSX Venture Exchange) has reviewed or accepts
responsibility for the adequacy or accuracy of this release. 


This document may contain forward-looking statements relating to Z-Gold's
operations or to the environment in which it operates. Such statements are based
on operations, estimates, forecasts and projections. They are not guarantees of
future performance and involve risks and uncertainties that are difficult to
predict and may be beyond Z-Gold's control. A number of important factors could
cause actual outcomes and results to differ materially from those expressed in
forward-looking statements, including those set forth in other public filling.
In addition, such statements relate to the date on which they are made.
Consequently, undue reliance should not placed on such forward-looking
statements. Z-Gold disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, save and except as may be required by applicable securities
laws.


(1) Historic production figures were obtained from the Ontario MNDM website
(www.mndm.gov.on.ca). The original imperial tons and ounce per ton (opt) grades
are quoted and the equivalent metric tonnes and grams per tonne (gpt) grades
indicated in parentheses.


(2) Resources for St. Andrew Goldfield's Holt and Holloway Mines are quoted form
St. Andrew Goldfield's website (www.standrewgoldfields.com) and the company's NI
43-101 Compliant Technical Report dated October 2, 2006. Only Measured and
Indicated Resources are quoted. Inferred Resources have not been quoted.

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