Kaminak Gold Corporation (TSX VENTURE:KAM) today announced the delineation of
new extensions of shallow oxide gold mineralization on the Company's Coffee Gold
Project, Yukon Territory linking the Supremo T5 and T7 zones. Drilling
identified a new structure - the 'T5 Splay' - with strike extent of at least
450m trending northeast from the southern section of the T5 zone. Drilling also
extended T7 up to 400m southwards along strike where it appears to intersect or
merge with the T5 Splay. The total strike length of the Supremo T5 and T7 gold
zones are 1.7km and 950m respectively. Furthermore, Kaminak has now delineated
over 10km of mineralized strike within the Supremo-Latte-Double Double area,
which is where the bulk of the inferred resource estimate resides. The T5 Splay
is another example that proves that the Coffee deposits are all connected as
part of a single, large, structurally controlled hydrothermal gold system. 


Drill highlights from the T5 Splay structure include:



--  6.23grams per tonne gold (g/t Au) over 12.19m from 80.77m down hole
    depth in CFR0545 
--  5.70g/t Au over 6.09m from 10.67m down hole depth in CFR0546 
--  2.78g/t Au over 12.19m from 4.57m down hole depth in CFR0549 
--  3.54g/t Au over 7m from 106m down hole depth in CFD0352 



About the Supremo T5-7 Zone

Drilling targeted the broad contiguous north and northeast trending +25ppb
gold-in-soil anomalies coincident with a NE trending magnetic lineament, located
between the southern portion of the Supremo T5 and T7 gold zones. Drilling
intersected multiple oxidized bedrock mineralized structures with both N-S and
NE-SW strike orientations: 




1.  Drilling delineated a northeasterly trending structural corridor
    parallel to gold-in-soil trends and a magnetic lineament. The 'T5 Splay'
    may connect with mineralization previously ascribed to Supremo T8,
    located an additional 250m northeast along strike.  
2.  The Supremo T7 zone comprises up to four parallel N-S striking
    mineralized structures. Drilling earlier in the 2013 season extended the
    zone 200m southward along strike, with mineralization remaining open to
    the south. Additional follow-up drilling has further extended the
    structures southward 100-300m along strike where they appear to
    intersect or merge with the NE trending T5 Splay.  
3.  Future drilling is planned to comprehensively test the remaining area of
    gold-in-soil anomalism and test the possible extension of the T5 Splay
    to the northeast and its linkage with the T8 Zone. Infill soil sampling
    completed in 2013 has further highlighted these trends, which represent
    over 1km strike length of untested high tenor soil anomalism, as a high
    priority target for 2014 exploration drilling. 



Drill Results



----------------------------------------------------------------------------
                                                                    Weighted
                                                  Core Length  Average Grade
Drill Hole  Structure/Target    From (m)   To (m)      (m)(i)       (g/t Au)
----------------------------------------------------------------------------
CFR0530     Supremo T5 Splay      160.02   163.07        3.05           1.94
----------------------------------------------------------------------------
CFR0531     Supremo T5 Splay       60.96    62.48        1.52           0.96
----------------------------------------------------------------------------
CFR0532     Supremo T5 Splay      173.74   175.26        1.52           1.91
----------------------------------------------------------------------------
CFR0533     Supremo T5 Splay   No Significant Values                        
----------------------------------------------------------------------------
CFR0534     Supremo T5 Splay       62.48    65.53        3.05           3.41
----------------------------------------------------------------------------
CFR0535     Supremo T5 Splay       71.63    73.15        1.52           2.50
----------------------------------------------------------------------------
CFR0545     Supremo T5 Splay       80.77    92.96       12.19           6.23
----------------------------------------------------------------------------
CFR0546     Supremo T5 Splay       10.67    16.76        6.09           5.70
----------------------------------------------------------------------------
CFR0547     Supremo T7            150.88   153.92        3.04           2.36
----------------------------------------------------------------------------
CFR0548     Supremo T7             67.06    70.10        3.04           1.38
----------------------------------------------------------------------------
CFR0549     Supremo T5 Splay        4.57    16.76       12.19           2.78
----------------------------------------------------------------------------
And         Supremo T7             86.87    91.44        4.57           1.46
----------------------------------------------------------------------------
And         Supremo T7            111.25   118.87        7.62           2.11
----------------------------------------------------------------------------
CFR0550     Supremo T7            103.63   106.68        3.05           1.24
----------------------------------------------------------------------------
CFR0551     Supremo T7         No Significant Values                        
----------------------------------------------------------------------------
CFR0596     Supremo T5 Splay       51.82    53.34        1.52            7.6
----------------------------------------------------------------------------
And         Supremo T5 Splay       64.01    68.58        4.57           1.81
----------------------------------------------------------------------------
And         Supremo T5 Splay       73.15    79.25         6.1           0.83
----------------------------------------------------------------------------
CFR0597     Supremo T5 Splay       28.96    30.48        1.52           1.71
----------------------------------------------------------------------------
CFD0352     Supremo T5 Splay         106      113           7           3.54
----------------------------------------------------------------------------
CFD0312     Supremo T5         No Significant Values                        
----------------------------------------------------------------------------
CFD0332     Supremo T7 Infill      81.00    87.00        6.00           5.69
----------------------------------------------------------------------------
CFD0333     Supremo T7 Infill      37.00    39.00        2.00           2.83
----------------------------------------------------------------------------
And         Supremo T7 Infill     151.00   155.00        4.00           2.13
----------------------------------------------------------------------------
CFD0334     Supremo T7 Infill      64.00    67.00        3.00           1.72
----------------------------------------------------------------------------
CFD0335     Supremo T7 Infill      53.00    57.00        4.00           3.11
----------------------------------------------------------------------------
And         Supremo T7 Infill      95.00    97.00        2.00           5.19
----------------------------------------------------------------------------



(i)In general, the true width is estimated at approximately 2/3 of the core length.

All maps, sections and assay sheets are currently available on the Kaminak
website, www.kaminak.com.


About Kaminak

Kaminak Gold Corporation (TSX VENTURE:KAM) is exploring the Coffee Gold Project,
a high-grade oxidized gold project located in the emerging White Gold District
of the Yukon Territory, Canada. Since 2010, Kaminak has drilled 16 separate and
distinct gold discoveries and established a maiden National Instrument 43-101
Inferred Mineral Resource Estimate consisting of 64 million tonnes grading at
1.56 grams per tonne gold ("g/t Au) for 3,236,000 ounces of gold at a base case
cut-off of 0.5g/t Au for Oxide and Transitional material and a 1g/t Au cut-off
for Sulphide material. At an overall 1.5 g/t Au cut-off, the inferred resource
estimate consists of 21 million tonnes grading at 2.93g/t Au for 1,988,000
ounces of gold. Coffee also hosts numerous drill discoveries and untested
gold-in-soil anomalies outside of the resource that have the potential to yield
new ounces. 


All gold discoveries drilled at Coffee were made by drilling directly under
gold-in-soil anomalies. The lack of glaciation over the Coffee property has
allowed in-situ soil-sampling to be utilized as a highly effective and low cost
exploration tool. All deposits within the resource remain open along strike and
at depth and contain high-grade mineralization that comes to surface.
Additionally there are over 25km of untested soil anomalies on the property that
warrant drill testing; only 20% of the 150,000 acre property has been
systematically soil sampled. 


The objectives of the 2013 program have been to expand the inferred resource
along strike, drill new discoveries and conduct a comprehensive metallurgical
program that will validate heap leach processing of mineralization and determine
its optimal crush size. The results from the program will lead to a resource
update towards the end of 2013 and a preliminary engineering and economic
scoping study in 2014. 


The Company has approximately 91 million shares outstanding and $11 million in cash.

QA / QC

Kaminak's disclosure of a technical or scientific nature in this press release
has been reviewed and approved by Rory Kutluoglu, P.Geo., Exploration Manager of
Kaminak Gold Corporation, who serves as a Qualified Person under the definition
of National Instrument 43-101. Quality assurance and quality control procedures
include the systematic insertion of blanks and standards into the drill sample
string. Samples are placed in sealed bags and shipped directly to the ALS
Minerals preparatory laboratory in Whitehorse prior to gold fire assay. 


On behalf of the Board of Directors of Kaminak 

Eira Thomas, President and CEO, Kaminak Gold Corporation

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


Caution Concerning Forward-Looking Statements 

Certain disclosures in this release, including management's assessment of the
future potential of the Coffee Project and future exploration programs,
constitute forward-looking statements that are subject to numerous risks,
uncertainties and other factors relating to Kaminak's operations as a mineral
exploration company that may cause future results to differ materially from
those expressed or implied in such forward-looking statements, including risks
as to the completion of the plans and projects. Readers are cautioned not to
place undue reliance on forward-looking statements. Except as required by law,
Kaminak expressly disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events, or otherwise.


Cautionary Note concerning estimates of Inferred Resources: 

This news release uses the term "inferred resources". Inferred resources have a
great amount of uncertainty as to their existence, and great uncertainty as to
their economic and legal feasibility. It cannot be assumed that all or any part
of an Inferred Mineral Resource will ever be upgraded to a higher category.
Under Canadian rules, estimates of Inferred Resources may not form the basis of
feasibility or other economic studies. Kaminak advises U.S. investors that while
this term is recognized and required by Canadian regulations, the U.S.
Securities and Exchange Commission do not recognize it. U.S. investors are
cautioned not to assume that part or all of an inferred resource exists, or is
economically or legally minable. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Kaminak Gold Corporation
Tony Reda
Vice President of Corporate Development
604.646.4534 or 1.888.331.2269
info@kaminak.com
www.kaminak.com
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