Mr. Klaus Eckhof reports

DRC GOLD CORP. APPOINTS DAVID WARGO TO BOARD OF DIRECTORS AND GRANT OF STOCK OPTIONS

David Wargo has been appointed to DRC Gold Corp.'s board of directors.

Mr. Wargo is the chief executive officer and head of investment banking for SCP Resource Finance, formerly Sprott Capital Partners, and a senior natural resource investment banker with over 25 years of experience in the mining and banking industries. He spent 10 years of his career financing Congolese companies in the copper and gold spaces, with a particular focus on the Kivu region of Congo. Mr. Wargo is a chemical engineer and holds an MBA.

Klaus Eckhof, chief executive officer of DRC Gold, commented: "We welcome Dave to our board. His appointment will complement our board's technical background and expand our company's specialist knowledge and contact base during an expected period of growth."

Stock option grants

The company also announces that it has granted a total of 2.25 million incentive stock options to a director and a consultant in accordance with DRC Gold's omnibus equity incentive compensation plan. These stock options have a four-year term and an exercise price of 31 cents per common share, and vest immediately.

About DRC Gold Corp.

DRC Gold is a junior exploration company. DRC Gold's management and directors possess over 50 years of collective industry experience and have been very successful in the areas of exploration, financing and developing major mines throughout the world, with a focus on Africa.

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