KGC Kestrel Gold Inc

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS.


Kestrel Gold Inc. ("Kestrel" or the "Corporation") (TSX VENTURE:KGC) is pleased
to advise that it has entered into a consulting agreement with Frontier
Consulting Ltd. of Toronto, Ontario ("Frontier") to provide consulting and
investor relation services on behalf of the Corporation, subject to regulatory
and TSX Venture Exchange Inc. ("TSXV") approval. 


The initial term of the consulting agreement is for six (6) months ending April
30, 2013 for a total fee of $53,000 plus GST, reverting to a month to month
engagement at a fee of $4,500 per month plus GST. Frontier may also participate
in the market for its own account from time to time as a market maker.


About Kestrel Gold Inc.

Kestrel is a gold exploration company headquartered in Canada. Its principal
project is the King Solomon Dome property in Canada's Yukon Territory.


Cautionary Statements

This news release contains "forward-looking information" within the meaning of
applicable securities laws relating to regulatory and TSXV approvals for the
engagement of Frontier. Readers are cautioned to not place undue reliance on
forward-looking statements. Forward-looking statements are based on certain key
assumptions made by the Corporation, including assumptions relating to the
satisfaction of the terms and conditions relating to obtaining regulatory body
approval. Actual results and developments may differ materially from those
contemplated by these statements depending on, among other things, the failure
of the Corporation to obtain the required approvals or clearances from
regulatory authorities. The forward-looking statements in this press release are
made as of the date of this release and the Corporation undertakes no obligation
to update publicly or revise any forward looking statements whether as a result
of new information or otherwise, except as required by applicable securities
laws. The Corporation undertakes no obligation to comment on analyses,
expectations or statements made by third parties in respect of the Corporation
or its financial or operating results or (as applicable) their securities.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Kestrel Gold Inc.
Kevin Nephin
President & CEO
Office (403) 824-6056 or 604-799-2456
kvnephin@telus.net
www.kestrelgold.com

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