GLD GoldOn Resources Ltd

Augen Gold Corp. ("Augen Gold" or the "Company") (TSX VENTURE:GLD) announced
that it is starting a 13-hole, 3,000-metre drilling program in the eastern part
of its South Swayze Property located near the Cote Lake gold deposit, the
promising new gold discovery of Trelawney Mining and Exploration Inc.
("Trelawney"). The focus of the drilling will be Soil Gas Hydrocarbon (SGH)
anomalies potentially indicative of gold mineralization, I. P. chargeability
anomalies, and sulphide-bearing zones exposed by mechanical stripping of
outcrop.


"We have now compiled geotechnical information for this area on one map,
available on our web site (entitled "SGH Compilation Model West Cote" and found
at http://www.augengold.ca/docs/). Please note the numerous chargeability
anomalies within or adjacent to anomalous gold SGH (in pink) and near grab
samples with anomalous gold. Also note the trench on TRR's claims, 50 metres SE
of our claim 3010943. This is reputed to be high grade and the trend can be
picked up on Augen Gold's claims for a distance of more than one kilometer,"
said J. David Mason, President and CEO of Augen Gold.


Readers are encouraged to refer to the above-mentioned map as well as the mapped
drill plan for the area, entitled "WCote with Planned Drill Holes Nov-2010"
(also at http://www.augengold.ca/docs/), for more information on the upcoming
drill program. The program is expected to last through December and into the
first two weeks of January, 2011.


Augen Gold has been successful in raising approximately $9.1 million in 2010 and
is focused on achieving its exploration milestones. Since inception in October
2006, the Company has raised more than $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 Project, 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: 102,783,064

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