Gunpoint Exploration Ltd.
TSX VENTURE : GUN

Gunpoint Exploration Ltd.

May 19, 2010 12:40 ET

Christopher James Gold Corp.: Geophysics Completed at the Highland Project, Drilling Planned for the Third Quarter of 2010

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 19, 2010) - Christopher James Gold Corp. (TSX VENTURE:CJG) and its joint venture partner, Fortune River Resource Corp., have received preliminary results from three additional lines of IP that were recently completed at the Highland property, which is located in the Walker Lane Gold trend in Nevada. The three lines follow up a feature believed to be a graben covered by thin gravel that was identified on a line of IP and AMT geophysical surveys conducted last fall. The graben is well delineated by these lines and is shown to be parallel to veins that have been partially drill tested with attractive high-grade gold and silver intercepts.

Previous drilling by Fortune River at Highland has intersected veins with bonanza grades locally; hole H02013, for example, intersected 1.5m of 66.9 g/t gold and 397.7 g/t silver within a 12.2m intercept of 9.5 g/t gold and 109.4 g/t silver (true thickness estimated at 65% of interval). Other targets that have received little or no drilling have been identified on the property, which is extensively covered by the relatively thin alluvium. It is now thought that the previous drilling may have tested the "leakage" from the newly delineated graben feature. Drill sites will be chosen based on the finalized geophysical interpretation and permitting will be completed for drilling planned for July. Christopher James Gold Corp. is funding this program as part of their earn-in agreement with Fortune River acting as the operator.

About Christopher James Gold

Christopher James Gold Corp. continues to actively pursue exploration opportunities in the USA and Mexico with its current focus on six recently optioned gold projects in Nevada, one of the world's major gold producing districts.

The Company is a reporting issuer in British Columbia and Alberta, and trades on the TSX Venture Exchange under the ticker symbol CJG. Please visit www.christopherjamesgold.com.

E. Max Baker B.Sc(Hons) PhD, Member AustIMM is the Qualified Person as defined by National Instrument 43-101, is responsible for the preparation of this News Release, which is based on information obtained from the Joint Venture Partner.

On behalf of the Board,

E. Max Baker, President, CEO, Christopher James Gold Corp.

This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Readers are referred to the sections entitled "Risk Factors" in the Company's periodic filings with the British Columbia Securities Commission, which can be viewed at www.SEDAR.com.

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

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