Kaminak Gold Corp. announced additional trench assays from the company's 100% owned Coffee Property located in the Yukon White Gold District. Results reported here are from the newly-recognized Latte Zone and are in addition to high-grade trench results previously released from the Supremo Zone. The Latte Zone is located approximately 1.5km south of Supremo and represents a separate mineralized target which exhibits similar geological characteristics as other known gold discoveries in the White District. Latte trend yields 0.59 g/t Au over 35m (open to the south); 1.01 g/t Au over 10m and grab samples up to 2.35 g/t Au. Mineralization encountered over 300m strike length and remains open along trend and is hosted within a larger and untested gold-in-soil trend (Latte) known to extend for at least 1,000m long by up to 200m wide. Gold is co-incident with a major structural trend and is associated with typical 'White District' pathfinder elements arsenic (As) and antimony (Sb). 2009 soil sampling identifies new 700m long untested gold-in-soil anomaly uncovered between Supremo and Latte Zones. The Latte gold-in-soil anomaly is located approximately 1,500m south of the main Supremo Zone and is defined by an east-west trending greater than 50 ppb Au soil anomaly that has a 1,000m long strike extent and is 200m wide. Three evenly spaced trenches were cut across a 250m long portion of the anomaly and significant gold results were encountered in each trench (visit Company's website at www.kaminak.com for maps). The most westerly trench yielded 1.01 g/t Au over 10m and a separate zone of 0.56 g/t Au over 15m while the central trench yielded 0.59 g/t Au over 35m. The easterly trench yielded 0.60 g/t Au over 10m. Additionally, a grab sample located 90m further east assayed 2.35 g/t Au. These assays confirm the potential for broad zones of mineralization at the Latte target and exploration in 2010 is expected to include additional trenching and drilling. Soil sampling has identified a previously unknown gold-in-soil anomaly located midway between the Supremo and Latte trends. This new anomaly measures at least 700m long (open to the west) and is defined by gold-in-soil values ranging from 33 ppb Au to a high of 84 ppb Au. No trenching has been completed on this target as of yet; however it appears to spatially separate from both the Supremo and Latte Zones. Evaluating the gold potential of this new trend will be a priority during the 2010 exploration program.

Kaminak Gold Corp. announced new chip sample/trenching results from the Supremo gold-in-soil anomaly on the company's 100% owned Coffee property. Additional trench results from the Latte, Kona and Espresso gold-in-soil anomalies will be available in the coming weeks. Management has also approved plans for a minimum 5000m Phase One diamond drill program scheduled to begin in the spring/summer of 2010. This will be the first ever drill program on the Coffee property and can be funded through Kaminak's existing treasury. Results are presented here from follow-up cross-cut trenching that was completed near Trench #3 where a previous result of 2.3 g/t Au over 21m was obtained. This earlier result was from an east-west trending shallow trench. Two new north-south trending trenches 6m apart from one another were dug directly on top of the original east-west trench in hopes of expanding the known extent of the mineralization. Results include 11.72 g/t Au over 10m from one trench and 8.56 g/t Au over 15m from the other trench. Both of these high-grade results begin right next to the original trench and extend northerly. A separate interval of 1.76 g/t Au over 25m was uncovered from Trench #2, approximately 100m from Trench #3. The relationship between these occurrences is being investigated; however, initial observations suggest they are separate geological targets possibly hosted by a series of stacked structurally-controlled zones.

Kaminak Gold Corp. announced that project partner Solomon Resources Ltd. completed a diamond drill program on Kaminak's 100% owned Cry Lake Gold-Silver Project located in north western British Columbia, Canada. The program was funded by Kaminak's partner who completed two diamond drill holes totaling 416 metres as well as geological mapping and sampling of an extended soil geochemical grid. Solomon has informed Kaminak that the company will compile the 2009 results with historical data and apply for exploration permits over the coming months in order to undertake a significantly larger drill program on the Cry Lake property in 2010. Assay results from this season's drilling are expected to be received within eight weeks. Selected samples have also been taken for petrographic examination and whole rock analysis. The purpose of the 2009 drilling was to confirm the presence of the Discovery/Surprise Vein and extend the depth of mineralization. Drill Hole DDH-CL09-01 was drilled to a depth of 185 meters at-47 degree dip and 215 degree azimuth and DDH-CL09-02 was drilled from the same collar at-60 degree dip and 215 degree azimuth and completed to a depth of 231 meters. The core has now been processed and logged by Solomon geologists in Dease Lake and assay splits sent to Acme-Global Discovery Labs of Vancouver, British Columbia for analysis. Historical channel samples of the Discovery Vein returned the following selected near surface high-grade values: 27.09 grams per tonne (g/t) gold and 1,220.6 g/t per tonne silver over 2.0 meters; 15.09 g/t gold and 1,073.2 g/t silver over 3.5 meters and 8.91 g/t gold and 596.6 g/t silver over 1.0 meter (British Columbia Geological Branch Assessment Report 22840). Limited shallow historical drilling by earlier operators, including Madrona Mining Limited in the mid 1990's, confirmed the presence of gold-silver mineralization on the Cry Lake property.