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) announces
that effective July 31, 2013 it will surrender all mineral claims in what is
commonly referred to as the Gulf Property located in the Dawson Mining District,
Yukon Territory, in accordance with and subject to the terms and conditions of
that certain Option Agreement, dated October 31, 2010 pursuant to which Kestrel
was granted an option to acquire up to an undivided 100% undivided right, title
and interest in the Gulf Property. 


As a result of the surrender of the Gulf claims, all interests of whatsoever
nature in any cash payments, common shares or exploration expenditures paid or
incurred by Kestrel prior to the date of such termination in respect of the Gulf
Property are forfeited, provided however, that Kestrel shall have no further
obligations financial or otherwise in respect of the Gulf Property or in respect
of the Option Agreement.  


As a result of the surrender of the Gulf Property, Kestrel intends to focus on
exploration activities at the King Solomon Dome Property in the Dawson Mining
District, Yukon Territory, Canada as more particularly described in a previous
news release of the Corporation, dated April 3, 2013. 


About Kestrel Gold Inc. 

Kestrel Gold Inc. is a gold exploration corporation headquartered in Canada.
Kestrel Gold (KGC) is listed on the TSX Venture Exchange. Kestrel Gold will be
the first company to diamond drill at the King Solomon Dome which is the high
point of a prominent topographical feature from which some of the richest
producing placer gold creeks of the great Klondike gold rush (to the present
day), find their headwaters. 


Cautionary Statements

This news release contains "forward-looking information" within the meaning of
applicable securities laws. These statements relate to future events or future
performance. The use of any of the words "could", "intend", "expect", "believe",
"will", "projected", "estimated" and similar expressions and statements relating
to matters that are not historical facts are intended to identify
forward-looking information and are based on the Corporation's current belief or
assumptions as to the outcome and timing of such future events. Actual future
results may differ materially. In particular, this release contains
forward-looking information relating to surrender of mining claims, scope and
timing of the Corporation's initial drilling program and the potential Phase Two
diamond drilling campaign, potential exploration results and mineralization of
King Solomon Dome properties. Various assumptions or factors are typically
applied in drawing conclusions or making the forecasts or projections set out in
forward-looking information. Those assumptions and factors are based on
information currently available to the Corporation. The material factors and
assumptions include anticipated size and scope of the Corporation's exploration
activities, the timing of future exploration activities, potential
mineralization of King Solomon Dome properties and assumptions related to
obtaining sufficient financing and other resources to carry out future
exploration. Risk Factors that could cause actual results or outcomes to differ
materially from the results expressed or implied by forward-looking information
include, among other things: general economic conditions, market risks relating
to the mining industry, the inherent risks involved in the exploration and
development of mineral properties, the uncertainties involved in interpreting
exploration results and other geological and geophysical data and the ability of
the Corporation to obtain the funds and resources required to carry out further
exploration. The Corporation cautions the reader that the above list of risk
factors is not exhaustive. The forward-looking information contained in this
release is made as of the date hereof and the Corporation is not obligated to
update or revise any forward-looking information, whether as a result of new
information, future events or otherwise, except as required by applicable
securities laws. Because of the risks, uncertainties and assumptions contained
herein, investors should not place undue reliance on forward-looking
information. The foregoing statements expressly qualify any forward-looking
information contained herein.


The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this news release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Kestrel Gold Inc.
Kevin Nephin
President & CEO
Office (604) 824-6056
kvnephin@gmail.com
www.kestrelgold.com

Grafico Azioni Kestrel Gold (TSXV:KGC)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Kestrel Gold (TSXV:KGC)
Storico
Da Giu 2023 a Giu 2024