King's Bay Gold Corporation

King's Bay Gold Corporation

April 10, 2006 13:51 ET

King's Bay Gold Corporation Completes Acquisition of 'North Rock' Area Claims from Mr. Ron Rivet

WINNIPEG, MANITOBA--(CCNMatthews - April 10, 2006) - King's Bay Gold Corporation (the "Issuer") (TSX VENTURE:KBG) reports that the Issuer completed a purchase of 308 mining claim units from Mr. Ron Rivet on April 10, 2006 for the aggregate consideration of $20,000.00 and the issuance of 25,000 Class "A" Common Shares of the Issuer. The Issuer received authorization from its Board of Directors to complete the purchase on March 15, 2006.

These new claims are directly adjacent to the "North Rock" claims owned by MetalCORP Ltd, which was recently the site of a high grade discovery of platinum in a gold-copper-nickel-rich ultramafic intrusive.

About King's Bay Gold Corporation

King's Bay Gold Corporation is a very active and well financed Canadian mineral exploration company with nine gold projects strategically located in Canada's gold camps. Strategic locations include - (i) a property located directly adjacent to Canada's largest gold mine, (ii) a past producing gold mine, and (iii) other locations that are in very close proximity to either past producers and / or recent discoveries.

Working Capital: $3,000,000.00

On behalf of the Board:

Richard Rivet, President & CEO

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

Contact Information