GoldTrain Resources Inc.
CNSX : GT

GoldTrain Resources Inc.

November 02, 2011 17:22 ET

GoldTrain Announces Diamond Drill Programs

TORONTO, ONTARIO--(Marketwire - Nov. 2, 2011) - GoldTrain Resources Inc. (CNSX:GT) ("GoldTrain" or the "Company") is pleased to announce the recent commencement of diamond drill programs at the Company's properties located near Sudbury, Ontario. The planned 1200 metre program will be split between GoldTrain's Clement Township Property (the "Clement Property") and its Chiniguchi River Property in Janes Township (the "Janes Property").

Five drill holes totaling 565 metres have been completed on the Clement Property. The program was designed to follow up on three EM conductors identified from an airborne survey completed by Geotech Ltd.

A drill rig is currently being mobilized to the Janes Property where an additional 600 metres of diamond drilling is planned. This drill program will test chargeability anomalies that were identified from a down hole IP survey completed by JVX Ltd.

Assay results will be reported as they are received, compiled, and validated.

The quality control, technical information, and all aspects of the exploration program are being supervised by Joerg Kleinboeck, P.Geo, Vice-President, Exploration for GoldTrain. Mr. Kleinboeck is a qualified person as defined by National Instrument 43-101.

About GoldTrain Resources Inc.

GoldTrain's strategy is to enhance shareholder value through the acquisition, exploration and development of high potential, low risk mineral deposits in Northern Ontario. Particular focus is being placed on consolidating properties at and surrounding the historic Renabie Gold Camp. Headquartered in Toronto, Ontario, GoldTrain's shares trade on the Canadian National Stock Exchange under the trading symbol "GT".

For further information, please visit the Company's website at www.goldtrain.ca.

Forward-Looking Statements

This news release contains or refers to forward-looking information. All information other than statements of historical fact that address activities, events or developments that GoldTrain believes, expects or anticipates will or may occur in the future are forward-looking statements, including statements regarding the exploration and development of GoldTrain's properties. These forward-looking statements are subject to a variety of risks and uncertainties beyond GoldTrain's ability to control or predict that may cause actual events or results to differ materially from those discussed in such forward-looking statements, including the risk that the exploration and development of GoldTrain's properties may not result in the discovery of mineral resources or mineral reserves that can be brought into commercial production. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, GoldTrain disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although GoldTrain believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be placed on these forward-looking statements due to the inherent uncertainty thereof.

The Canadian National Stock Exchange (CNSX Markets Inc.) has neither approved nor disapproved of the contents of this news release.

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