AGE

Adventure Gold Inc. (TSX VENTURE:AGE) (the "Company") is pleased to report new
results of the on-going 2013 exploration program on its 100%-owned Detour Quebec
and Casa-Cameron projects situated respectively along the Detour Gold Trend
("DGT") and the Casa Berardi-Cameron Gold Trend ("CBCGT") in Abitibi, Quebec.
The Company also wishes to provide an update on its recent activities on the
wholly-owned Val-d'Or East project which encompasses the Pascalis-Colombiere
property where an initial resource calculation outlined 9.13 Mt at 2.63 g/t
containing 770,000 gold ounces in the inferred resource category (SGS Canada
Inc., NI 43-101 Technical Report Mineral Resource Val-d'Or East Property filed
on Jan. 4th, 2013). 


The latest exploration work has consisted of helicopter-borne and ground
geophysical surveys on the best areas previously targeted on the Detour Quebec
and Casa-Cameron projects. A total of 618 line-kilometers of helicopter-borne
electromagnetic VTEM-type survey ("VTEM"), 50 line-kilometers of Induced
Polarization ("IP") survey and 265 line-kilometres of detailed ground magnetic
survey have been completed on both projects since the beginning of 2013 (see
Figure 1 and 2 on AGE's website). This work has led to the identification of
many new promising gold drilling targets within the favorable geological
environment outlined by Adventure Gold's previous exploration work and along
strike of the proven gold bearing deformation zones. Results of the new IP and
VTEM surveys are presented on Figure 3 to 7 on AGE's website. Also of interest,
Detour Gold Corp. continues to explore aggressively its large land holdings with
an on-going 25,000-meter exploration drilling program as they have recognized
that the Lower Detour Deformation Zone ("LDDZ") has many similarities with the
Sunday Lake Deformation Zone situated 5 km to the North which host the Detour
Lake Mine. As seen on Figure 1, the LDDZ major structural break is mainly
controlled by Adventure Gold on the Quebec side and remains largely
underexplored. Additional work will be completed during this summer including a
75-kilometre long ground magnetic survey on properties along the Detour Gold
Trend as well as follow-up field work and drilling target generation on the
Casa-Cameron project. All properties for both projects are in good standing and
the Company does not currently intend to let any of the mining claims covering
600km2 of very prospective Abitibi geology lapse. 


Additionally, Adventure Gold is currently evaluating different scenarios
regarding its wholly-owned Val-d'Or East flagship project (Pascalis-Colombiere
property). Based on the 770,000 gold ounces resource estimate, which includes an
in-pit inferred resource of 330,000 ounces of gold at a grade of 2.4 g/t gold,
Adventure Gold has proceeded to an internal economic model calculation. Results
of the model appear to be positive for the outlined in-pit resource and are
helping the management of the Company to elect which exploration and development
strategies are the most favorable to fully deliver on the value of the asset. To
date, it is premature to conclude which scenario is optimal however, in most
scenarios, additional drilling within and around the projected pit to firm up
and potentially increase the current gold resource is scheduled for this fall.
Considering the strategic location and the geometry of the New Beliveau Gold
Deposit, where most of the in-pit resource is outlined, the management of the
Company believes that this gold resource is well positioned to be a low-cost
producing gold mine in the near future.


"Adventure Gold is a well-established mining exploration company with a balance
sheet capable of moving its projects forward. We explore in a favorable mining
environment, we have valuable mining assets and we recently made a significant
gold discovery. Coupled with our strong management team and very supportive
major shareholders base, we strongly believe that the ingredients are in place
to reward our shareholders" stated Marco Gagnon, President and CEO of Adventure
Gold Inc.


For more information about the Company's activities and expenditures, please
look at our financial statement and management's discussion and analysis
available on our website. Documents for the quarter ended April 31th will be
filed on the last week of this month.


For more information on the Detour Quebec and Casa-Cameron properties new
results, please see Figure 1 to 7 and visit our website at
www.adventure-gold.com:


http://www.adventure-gold.com/common/documents/Fig1_Detour_allAGEProp_Travaux2013_4juin2013.pdf


http://www.adventure-gold.com/common/documents/Fig2_Casa_allAGEProp_Travaux2013_4juin2013.pdf


http://www.adventure-gold.com/common/documents/Fig3_Massicotte_IP_4juin2013.pdf

http://www.adventure-gold.com/common/documents/Fig4_Manthet_Martigny_VTEM_4juin2013.pdf



http://www.adventure-gold.com/common/documents/Fig5_Nantel_IP_4juin2013.pdf

http://www.adventure-gold.com/common/documents/Fig6_Casagosic_IP_4juin2013.pdf

http://www.adventure-gold.com/common/documents/Fig7_VezzaExt_BellVezza_IP_4juin2013.pdf


Jules Riopel, P.Geo., Vice-President Exploration and Acquisitions, acting as the
Company's "Qualified Person" as defined by NI 43-101, has reviewed this press
release and supervised the exploration program on the projects. 


Profile

Adventure Gold Inc. is a mineral exploration company focused on discovering and
developing high-quality gold deposits in the Abitibi region located in eastern
Canada - one of the richest gold mining areas in the world. Adventure Gold has
become, in a few years, an important player in the mineral exploration industry
with one of the best portfolios of exploration properties along the main
gold-bearing structures of the Abitibi Greenstone Belt. The Company is exploring
mainly close to gold mines where mining production infrastructure is already in
place, which distinguishes it from several other exploration companies.
Adventure Gold's exploration team consists of mining professionals having worked
previously for well-established producing companies, who understand industry
challenges. The Company owns 100% of the rights on its three main projects
namely: Val-d'Or East, Detour Quebec, and Casa-Cameron. The Val-d'Or East
flagship project encompasses the 100%-owned Pascalis-Colombiere property where
Cambior Inc. (now IAMGOLD) produced gold between 1989 and 1993 at the Beliveau
Mine. Close to the former mine, Adventure Gold recently discovered a significant
new gold system containing 770,000 gold ounces at 2.63 g/t in the inferred
resource category (SGS Canada Inc., NI 43-101 Technical Report Mineral Resource
Val-d'Or East Property filed on Jan. 4th, 2013) and is actively working on its
development. As of today, the Company owns more than $2.3M in cash and tax
credits. With 68M shares issued and outstanding (72.7M shares on a fully-diluted
basis) and 10% owned by the management, Adventure Gold is well-positioned to
benefit its shareholders.


Twitter: http://twitter.com/Adventure_AGE 

LinkedIn: http://www.linkedin.com/company/2253943

The foregoing information may contain forward-looking statements and events
relating to the future performance of the Company. Forward-looking statements,
specifically those concerning future performance, are subject to certain risks
and uncertainties, and actual results may differ materially. These risks and
uncertainties are detailed from time to time in the Company's filings with the
appropriate regulatory authorities. We seek safe harbour.



FOR FURTHER INFORMATION PLEASE CONTACT: 
Marco Gagnon
President & CEO
450.743.5527
marco@adventure-gold.com


Jules Riopel
Vice-President Exploration and Acquisitions
819.797.9770
jules@adventure-gold.com
www.adventure-gold.com

Adventure Gold Inc. (TSXV:AGE)
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부터 5월(5) 2024 으로 6월(6) 2024

Adventure Gold Inc. (TSXV:AGE)
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부터 6월(6) 2023 으로 6월(6) 2024