Gunpoint Exploration Ltd.
TSX VENTURE : GUN

Gunpoint Exploration Ltd.

May 03, 2007 14:07 ET

Christopher James Appoints Yale Simpson Chairman

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 3, 2007) - Christopher James Gold Corp. (the "Company") (TSX VENTURE:CJG) is pleased to announce the appointment of Yale Simpson, of West Vancouver, as Chairman and a director of the Company.

Mr. Simpson has more than thirty years experience as a senior geologist, exploration manager and CEO of companies involved in exploration and development projects in Australia, Africa, Eastern Europe and Argentina. He is a graduate of the University of British Columbia, with the degree of Bachelor of Applied Science (geological engineering).

Mr. Simpson has particular expertise in strategic planning and corporate communications. He is a director of several advanced exploration companies and is the President and a director of the Britannia Beach Historical Society, operator of the British Columbia Museum of Mining.

Dr. E. Max Baker, the Company's President and CEO, commented: "We are extremely pleased to have Yale join us in a senior advisory capacity. His years of technical and business experience in building successful mining companies will be of tremendous assistance as we move forward."

The Company has granted Mr. Simpson incentive stock options to purchase 275,000 common shares of the Company, exercisable for a period of five years at a price of $0.80 per share.

About Christopher James Gold Corp.

Christopher James Gold Corp. is a Canadian mineral exploration company trading on the TSX Venture Exchange, under the symbol "CJG".

The Company has over $12 million in treasury and is well-funded to explore its large portfolio of gold projects in British Columbia, Nevada and Mexico:

- Most notably, it has the exclusive option to acquire 100% of Guardsmen Resources Inc., a private company that owns a number of highly-prospective properties in northern British Columbia, including the high-grade Ranch gold and copper project.

- In Durango State, Mexico, the Company has an option to acquire up to a 65% interest in Chesapeake Gold Corp.'s Cucaracha Dorada gold project.

- In southern British Columbia, the Company owns 100% of the copper and gold rights to the historic Craigmont mine, as well as the Brassie Creek, Big Kidd, and Portage Lake gold properties.

Visit the Company's website at www.christopherjamesgold.com.

Christopher James Gold Corp.

Dr. E. Max Baker, President and CEO

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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

Contact Information