GFN

Gold Finder (the "Company") ("Gold Finder") (TSX VENTURE:GFN) is pleased to
announce that it has intersected significant high grade gold mineralization from
its recently completed Phase 3 diamond drilling program at the Golden Rose
Property.


The drilling program, which consisted of 625 m in 2 diamond drill holes, tested
a chargeability anomaly identified from a recently completed down hole induced
polarization survey. 


Diamond drill hole GR11-43 is located 25 m south of GR10-42. It was drilled at
an azimuth of 180 degrees and dip of -50 degrees. Diamond drill hole GR11-44 is
located 20 m east of GR10-42 and was drilled at an azimuth of 180 degrees and
dip of -50 degrees. GR10-42 was previously drilled at an azimuth of 180 degrees
and dip of -50 degrees. 


Final assay results for both drill holes are provided below. Results correlate
well with earlier reported drill holes, for example, drill hole GR10-42 returned
5.10 m averaging 15.62 gpt Au and 2.60 m averaging 70.05 gpt Au including 0.30 m
of 543.0 gpt Au (see press release dated January 13th, 2011). Note that the
lengths reported are drill intersected core lengths and do not represent true
widths.




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Hole Number                     From (m)      To (m)  Length (m)    Au (g/t)
----------------------------------------------------------------------------
GR11-43                          159.00      163.50         4.5       19.76
----------------------------------------------------------------------------
  including                      159.00      162.00         3.0       29.05
----------------------------------------------------------------------------
                                 184.35      185.25         0.9       45.00
----------------------------------------------------------------------------
GR11-44                          211.80      213.00         1.2        9.85
----------------------------------------------------------------------------
                                 216.00      217.60         1.6        5.89
----------------------------------------------------------------------------
                                 246.00      247.50         1.5        7.83
----------------------------------------------------------------------------
                                 262.50      265.50         3.0        3.16
----------------------------------------------------------------------------
  including                      264.00      265.50         1.5        4.45
----------------------------------------------------------------------------



Gold Finder has implemented a QA/QC program which includes the insertion of
standards and blanks to ensure lab integrity. After being logged, samples of
half core were transported by GFN personnel to ALS Chemex's processing facility
located in Sudbury, Ontario.


CEO David Greenway said: "Gold Finder continues to intersect significant results
with its latest drill programs. We will continue to evaluate the gold system at
Golden Rose. We are also excited about the target to the south of the current
drilling that represents a second unit of iron formation with an associated
historical chargeability anomaly that remain to be tested. The recent
geophysical results completed by Gold Finder have proved to correlate well with
gold mineralization."


ABOUT GOLD FINDER EXPLORATIONS LTD. 

Gold Finder Explorations Ltd. is a Canadian resource company, currently trading
on the TSX Venture Exchange under the symbol GFN.V, focused on growth through
targeting advanced exploration projects. Gold Finder currently holds an interest
in two mineral projects being the Golden Rose project located at Emerald Lake,
Northern Ontario and the Crescent Mine located in the Silver Lake area of the
State of Idaho. For more information about the Company, please visit:
www.goldfinder.ca.


Joerg Kleinboeck, V.P. Exploration for Gold Finder Explorations, is the
designated qualified person responsible for the preparation of this news
release.


On behalf of the board of Directors,

David Greenway, President and CEO

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