Mr. Rob Solinger reports

KESTREL GOLD - ADDS LEGAL AND TECHNICAL EXPERIENCE WITH ADVISORY BOARD APPOINTMENT, GRANTS INCENTIVE STOCK OPTIONS AND ANNOUNCES RESULTS OF KSD DRILL PROGRAM

Kestrel Gold Inc. has appointed Brian Abraham to the corporation's advisory board. Mr. Abraham, formerly the global mining lead for an international law firm, has acted extensively on both a domestic as well as an international level for a wide variety of clients ranging from individual prospectors to major mining companies as well as both Canadian and foreign governments on matters of legislation. Called to the British Columbia bar in 1971 and with an active PGeo designation, Mr. Abraham will bring a well-rounded wealth of mineral industry experience to Kestrel.

Rob Solinger, president and chief executive officer of Kestrel, states: "The addition of Brian strengthens the team and adds significant industry experience in mining law, specifically mergers, acquisitions, and joint venture or option agreements. As a PGeo, he will also be able to provide advice from a mineral exploration perspective, with this combined industry-related skill set a useful fit for Kestrel."

Kestrel also announces that it has granted to directors and an officer of the corporation stock options to purchase, in the aggregate, two million common shares, and to consultants and advisers to the corporation stock options to purchase, in the aggregate, 600,000 common shares. All options have an exercise price of seven cents per share and will expire on Nov. 15, 2028.

Results for the previously announced reverse-circulation drill program at KSD have been received, compiled and interpreted. The three-hole 207.3-metre program was designed to test areas of sheared, quartz-veined, pyritic and altered bedrock located at and upstream of an area of the property where the gold recovered by the local placer miner is extremely rough, ragged, and either attached to quartz or weathered pyrite cubes. Unfortunately drill results were disappointing with only scattered anomalous gold values returned.

Sample preparation was completed by Bureau Veritas Minerals at its Whitehorse, Yukon, facility, with analyses completed at its Vancouver, B.C., facility. Rock sample preparation was by method PRP70-250 (crush one kilogram to greater than or equal to 70 per cent passing two millimetres; pulverize 250 g greater than or equal to 85 per cent 75 micrometre). All samples were analyzed using methods FA430 (30-gram fire assay and AAS (atomic absorption spectroscopy) finish) for gold. Bureau Veritas (Vancouver) is an independent, international, ISO/IEC 17025:2005 accredited laboratory.

Qualified person

Derek Torgerson, PGeo, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.

About Kestrel Gold Inc.

Kestrel Gold is an exploration company headquartered in Western Canada and focused on the Canadian Cordillera. It is earning a 100-per-cent interest in the QCM property, which is an orogenic gold target located in the Manson-Germanson placer district, and the Fireweed property, located in the Babine Lake area, an advanced-stage silver-rich polymetallic epithermal target. Kestrel also owns a 100-per-cent interest in the KSD property, which is an orogenic gold target located in the Yukon portion of the Tintina gold belt. Kestrel is listed on the TSX Venture Exchange under the symbol KGC.

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