KGH Pangolin Diamonds Corporation

Key Gold Holding Inc. (TSX VENTURE:KGH) ("Key Gold") is pleased to announce the
appointment of Jean Lafleur and Wayne Isaacs to the Corporation's Board of
Directors; additionally, we regretfully announce the resignations of Roger
Rosmus and Rick Bonner from the Board for personal reasons. 


Mr. Lafleur is a geologist with over 30 years of experience in various
capacities, both in Canada and internationally (West Africa, Ecuador and
Mexico), with a range of industry companies, such as Newmont Mining Corporation,
Falconbridge Limited and Placer Dome Inc. He most recently was Director and Head
of Exploration for Champion Minerals Ltd., a TSX listed company, where he was
instrumental in the advancement of their 2 billion tonne iron ore assets in the
Quebec/Labrador iron ore trough. Mr. Lafleur has lead teams in the search for
base metals, gold, nickel, iron, titanium, vanadium and uranium. His firm is
currently running the drilling and exploration program for Nevado Resources
Inc., at La Blache, Quebec, a higher grade iron ore, titanium and vanadium
project He currently sits on the board of Fancamp Exploration Ltd and is also a
Qualified Person as defined by National Instrument 43-101. 


Mr. Isaacs, a graduate of the University of Western Ontario, has been a senior
executive and director of numerous publicly listed companies the majority of
which have been in the resource industry. He is currently the President and
Chief Executive Officer of Augustine Ventures Inc. He is also the Chairman and
CEO and co-founder of Delta Uranium Inc. Mr. Isaacs was the President and
Director of Forsys Metals Corp, a TSX listed company with uranium properties in
Namibia, Africa, from 2003 to 2007. During his tenure with Forsys Metals, Mr.
Isaacs was involved in rising over $70 million for the company and managed the
growth from start up to over $750 million in market capitalization and the
development of its uranium properties from exploration stage to resource
definition and production decision. Mr. Isaacs also owned and operated Acadia
Capital Corp., a privately held consulting firm specializing in small cap
mergers and acquisitions, form 1989 to 2003. 


"We are grateful for the valuable contributions that Messrs. Rosmus and Bonner
have made to the company, and we look forward to the impressive depth of
experience that Messrs. Lafleur and Isaacs bring to our team" said Steve
Barrett, Interim President and CEO. 


The Corporation thanks Mr. Rosmus and Mr. Bonner for their contributions to the
Corporation. The nominations are subject to Exchange's approval. 


The Board of Directors of Key Gold will now comprise Mr. Robert Seguin,
Chairman, Mr. Graham Warren, CFO, Mr. Louis Lessard and Mr. Jean Lafleur and Mr.
Wayne Isaacs, Independent Directors. 


About Key Gold Holding Inc. 

Key Gold Holding Inc. is a mineral exploration company that is mainly focused on
the acquisition, exploration and development of gold and copper properties.


Shares outstanding: 28,525,732

Grafico Azioni Pangolin Diamonds Corporation (TSXV:KGH)
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