GUN Gunpoint Exploration Ltd

Gunpoint Exploration Ltd. (TSX VENTURE:GUN) ("Gunpoint") announces that it has
changed its auditor. D&H Group LLP ("Former Auditor") has resigned effective as
of December 21, 2012 and Deloitte & Touche LLP (the "Successor Auditor") has
been appointed at Gunpoint's AGM held on December 27, 2012. The change in
auditor has been approved by Gunpoint's Audit Committee and Board of Directors.


There were no reservations in the Former Auditor's reports in connection with
the most recently completed fiscal year or for any period subsequent to the most
recently completed period for which an audit report was issued. There were also
no reportable events between Gunpoint and the Former Auditor or the Successor
Auditor including disagreements, unresolved issues or consultations as defined
in National Instrument 51-102, Continuous Disclosure ("NI 51-102").


All procedures have been properly followed under NI 51-102 regarding the change
of auditor and, as required, a Notice of Change of Auditor, together with the
required letters from the Former Auditor and the Successor Auditor will be filed
via SEDAR with each securities commission in each province or territory in
Canada in which Gunpoint is a reporting issuer.


GUNPOINT EXPLORATION LIMITED

E. Max Baker, President

FORWARD-LOOKING STATEMENTS

Some of the statements contained in this press release are forward-looking
statements. More particularly, this press release contains statements concerning
the anticipated use of the proceeds of the Private Placement. Although Gunpoint
believes that the expectations reflected in these forward-looking statements are
reasonable, undue reliance should not be placed on them because Gunpoint can
give no assurance that they will prove to be correct. Forward-looking statements
address future events and conditions, and as such they involve inherent risks
and uncertainties. The Company does not intend to, and does not assume any
obligation to update such forward-looking statements or information, other than
as required by applicable law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gunpoint Exploration Ltd.
Investor Relations
604-916-8920
www.gunpointexploration.com

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