Lund Gold Ltd.
TSX VENTURE : LGD

Lund Gold Ltd.

November 12, 2009 17:27 ET

Lund Gold Ltd.: Drilling Crew Mobilized to Don-Don Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 12, 2009) - Lund Gold Ltd. (TSX VENTURE:LGD) is pleased to announce the mobilization of a diamond drill to its recently optioned Don-don property in north-central British Columbia. An initial geophysical survey by P. Walcott & Associates has identified several excellent geophysical anomalies on a portion of the property located adjacent to and to the west of the Pinchi porphyry-copper-gold project of Amarc Resources. Three distinct zones of anomalous induced polarization (IP) chargeability / resistivity have been identified for 2400 metres across all seven geophysical lines. One anomaly in the eastern portion of the property has a distinct magnetic signature and may represent a target similar to the Kwanika porphyry-copper-gold project of Serengeti Resources located 45 kilometres to the south-southeast. Lund Gold plans to drill test at least two of the geophysical targets during a minimum 1000 metre drill program scheduled to begin on or about November 15, 2009.

The Company has the right to acquire a 100 per cent interest in this project, under the terms of an option agreement the terms of which are set out in our news release of September 17, 2009.

To find out more about Lund Gold Ltd. (TSX VENTURE:LGD), visit our website at www.lundgold.com.

On behalf of the Board of Directors of
LUND GOLD LTD.

Chet Idziszek, President

Neither 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.

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