GLD GoldOn Resources Ltd

Augen Gold Corp. ("Augen Gold" or the "Company") (TSX VENTURE:GLD) is pleased to
provide an update of gold exploration north of Opeepeesway Lake within its 100%
owned South Swayze Property located approximately halfway between the mining
centers of Sudbury and Timmins in Ontario and accessible by road year-round.


Numerous Soil Gas Hydrocarbon (SGH) anomalies potentially indicative of gold
mineralization have been outlined by Actlabs of Ancaster, Ontario following
their analysis of 1,760 soil samples collected by Augen Gold in an area
measuring 8.4 kilometres (NW-SE) by 6 kilometres (NE-SW), immediately north of
Opeepeesway Lake, and 2 to 6 kilometres east of the Jerome Mine. These anomalies
are up to 1.5 kilometres long and several hundreds of metres wide.


SGH geochemistry is organic and detects hydrocarbon based compounds that provide
a signature directly related to bacteriological interaction with a target such
as a hidden gold deposit.


The most northerly positioned SGH anomalies occur near the southeast-striking
Timiskaming sedimentKeewatin volcanic unconformity. One prominent centrally
located SGH anomaly extends adjacent to the inferred trend of an under-explored
east-striking gold-bearing quartz vein (The Smith Vein) for which historic
drilling yielded up to 2.70 g/t Au over 1.53 m. This SGH anomaly also extends
south and approaches a flexure in the regional porphyry/sediment contact near an
historic drill intersection with 12.94 g/t Au over 0.70 m.


Many of the southerly located SGH anomalies potentially mark an
easterly-striking trend with mineralization potential that includes recent
anomalous drill intersections of 15.00 g/t Au over 1.20 m (138.50-139.70 m) and
2.29 g/t Au over 1.50 m (171.20-172.70 m) in drill hole OP10-67 at Opeepeesway
Lake (Sept-14-2010 Augen Gold News Release).


Parts of some SGH anomalies north of the lake are coincident with I. P.
chargeability anomalies, and many are located adjacent to these I. P. anomalies.
Further, some SGH anomalies are associated with magnetic lows potentially
indicative of alteration.


Augen Gold is presently drill testing lake sediment SGH anomalies under the east
arm of Opeepeesway Lake using a barge as a drilling platform (Sept-14-2010 Augen
Gold News Release) and has met with success as indicated above.


Ten drill holes totaling 2,173 metres have been completed on the lake to date.
This drilling commenced during the last week of July 2010 and will continue
through late October until the working window dictated by the spawning activity
of local fish habitat closes. At this time, the many excellent targets north of
Opeepeesway Lake will be drill tested.


The current exploration program started in late September of 2009 and to date,
approximately 350 line kilometres have been cut, approximately 300 line
kilometres have been surveyed with geophysical methods and 74 drill holes
totalling over 12,000 metres have been completed. This program also includes
recent detailed exploration in parts of the eastern end of the South Swayze
Property adjacent to Trelawney Mining and Exploration Inc.'s promising new gold
discovery.


Augen Gold has been successful in raising approximately $9.1 million in
financings in 2010 and is well financed to achieve its exploration milestones.
Since inception in October 2006, the Company has raised over $20 million for the
South Swayze Project.


About Augen Gold

Augen Gold is a gold exploration company with 23,685 hectares of staked and
patented mining claims in the Southern Swayze Greenstone Belt, including the
formerly producing Jerome Gold Mine. The claims cover a 45 kilometre long
section of the Ridout Deformation Zone, believed to be the western extension of
the Kirkland Lake/Larder Lake Break. The geological setting is comparable to the
major gold camps of Timmins and Kirkland Lake, and the claims contain numerous
gold showings that have received very little historical exploration. Augen Gold
is the first company to have assembled such a coherent ground position. Augen
Gold has performed a detailed airborne geophysical survey over the whole area,
and its sampling program has confirmed the historically reported gold values.
The correlation of many gold showings with geophysical features indicates
excellent potential for the discovery of additional deposits. The Company's
objectives are to aggressively explore the gold showings that correlate with
geophysical anomalies, continue resource definition at the Jerome Mine, and to
expand its property portfolio with highly prospective mineral assets.


The information contained in this news release has been prepared by Augen Gold's
Project Geologist, Gordon McRoberts, P.Geo., who is a Qualified Person for the
Company's Jerome Project under the definitions established by National
Instrument 43-101. The potential quantities and grades disclosed herein are
conceptual in nature and there has been insufficient exploration to define a
mineral resource. It is uncertain if further exploration will result in the
target being delineated as a mineral resource.


For more information on the South Swayze Property, please refer to the Company's
NI 43-101 compliant technical report "Amended and Restated Technical Report on
the Augen Gold Corp. Claims, Porcupine Mining Division, District of Sudbury,
Ontario, Canada" (effective April 8, 2008 available on the Company's profile at
www.sedar.com).


For more information on Augen Gold, visit our website at www.augengold.ca.

The Company's documents may be accessed at www.sedar.com.

This news release contains forward-looking statements. These statements are
based on information currently available to the Company and the Company provides
no assurance that actual results will meet management's expectations.
Forward-looking statements include estimates and statements that describe the
Company's future plans, objectives or goals, including words to the effect that
the Company or management expects a stated condition or result to occur.
Forward-looking statements may be identified by such terms as "believes",
"anticipates", "expects", "estimates", "may", "could", "would", "will", or
"plan". Since forward-looking statements are based on assumptions and address
future events and conditions, by their very nature they involve inherent risks
and uncertainties. Actual results relating to, among other things, results of
exploration, project development, reclamation and capital costs of the Company's
mineral properties, and the Company's financial condition and prospects, could
differ materially from those currently anticipated in such statements for many
reasons such as: changes in general economic conditions and conditions in the
financial markets; changes in demand and prices for minerals; litigation,
legislative, environmental and other judicial, regulatory, political and
competitive developments; technological and operational difficulties encountered
in connection with the activities of the Company; and other matters discussed in
this news release. This list is not exhaustive of the factors that may affect
any of the Company's forward-looking statements. These and other factors should
be considered carefully and readers should not place undue reliance on the
Company's forward-looking statements. The Company does not undertake to update
any forward-looking statement that may be made from time to time by the Company
or on its behalf, except in accordance with applicable securities laws.


Shares outstanding: 99,988,159

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