SOURCE: Joshua Gold Resources Inc.

May 31, 2013 14:02 ET

Joshua Gold Resources Inc. Says False Allegations Made by MSD Gold

TORONTO--(Marketwired - May 31, 2013) - Joshua Gold Resources Inc. (OTCQB: JSHG):

On May 24, 2013, MSD Gold Mining Corporation ("MSD Gold") issued a press release falsely asserting that Joshua Gold Resources Inc. (OTCQB: JSHG) does not have a valid option agreement to acquire the "Kenty Gold Mine" property. This press release referred to the filing of legal proceedings (that is, a Notice of Application but without a supporting sworn affidavit) against Joshua Gold. While Joshua Gold Resources Inc.'s policy is not to comment on pending legal matters, it does categorically deny the unsworn allegations made by MSD Gold, and intends to vigorously protect its rights and reputation.

On Behalf of the Board of Directors,

Benjamin Ward
President and CEO
Joshua Gold Resources Inc.

Cautionary Note Regarding Forward-Looking Statements
Safe Harbor:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.

Contact Information