Kaminak Gold Corporation
TSX VENTURE : KAM

Kaminak Gold Corporation

March 21, 2011 13:49 ET

Kaminak Announces Filing of National Instrument 43-101 Technical Report on Coffee Gold Project, Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 21, 2011) - Kaminak Gold Corporation (TSX VENTURE:KAM) today announced the completion and filing of a National Instrument 43-101 independent technical report on the company's 100% owned Coffee Gold Project, Yukon Territory, Canada.

During the third quarter of 2010, Kaminak commissioned SRK Consulting (Canada) Inc. ("SRK") to visit the property, review and audit the exploration and metallurgical work undertaken by Kaminak, and to prepare an independent technical report following the guidelines of the Canadian Securities Administrators National Instrument 43-101 and Form 43-101F1. SRK reviewed and audited the exploration and metallurgical data available for the Coffee Project.

The reported titled "Technical Report, Coffee Gold Project, Yukon Territory, Canada" will be filed on Sedar and can be viewed on the Sedar website, www.sedar.com, Kaminak website, www.kaminak.com or by simply clicking the following link:

http://kaminak.com/_resources/Kaminak_Coffee_Technical_Report_3CK008_000.pdf

Kaminak's disclosure of a technical or scientific nature in this press release has been reviewed and approved by Dr. Rob Carpenter, Ph.D., P.Geo., Kaminak's President and CEO, who serves as a Qualified Person under the definition of National Instrument 43-101. The Coffee property represents an early stage exploration property and does not contain any mineral resources as defined by National Instrument 43-101.

On behalf of the Board of Directors of Kaminak

Rob Carpenter, Ph.D., P.Geo., President and CEO

Kaminak Gold Corporation

Kaminak is a member of the Discovery Group of companies. For more information on the group please visit www.discoveryexp.com.

Certain disclosures in this release, including management's assessment of plans and projects and intentions with respect to listings of securities, use of proceeds and future exploration programs, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Kaminak's operations as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including risks as to the completion of the plans and projects. Readers are cautioned not to place undue reliance on forward-looking statements. Kaminak expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.

Neither the 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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