KGC Kestrel Gold Inc

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UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS.


Kestrel Gold Inc. ("Kestrel" or the "Corporation") (TSX VENTURE:KGC) is pleased
to announce the release of the initial results from its surface sampling of road
cuts and trenches on its 540 hectare Huachi property in San Juan Province,
Argentina (the "Huachi Property") conducted in conjunction with the
Corporation's 2011 diamond drilling campaign.


The results from 223 continuous one metre rock chip samples (including QA/QC
samples) have been processed and compiled by Kestrel. Sampling was distributed
over six lines covering the outcrops found along the roads and trenches on the
east hill side of Cerro Los Bronces. 


Highlights

Significant new continuous chip road sections include:



--  4.40 g/t Au over 7.0 metres 
--  1.61 g/ Au over 13.0 metres 
--  0.64 g/t Au over 6.0 metres



The results suggest that the best surface samples in terms of higher gold grade
are where NW structures intersect what is believed to be a continuation of the
NNE trending "Sentazon Structure". While the significant values reported are not
true widths of the "Sentazon Structure" itself, the sample intervals stated may
approximate true widths across NW trending mineralized structures.


The significant values stated are from two parallel northeast trending road cuts
up to 30 metres apart where 71 and 64 one metre continuous chip samples were
taken respectively. In this area, vuggy textured silica veins are hosted in a
partially brecciated, fractured and highly altered, quartz-feldspar porphyry. 


Geological Setting

The gold bearing quartz-feldspar porphyry rocks sampled display a dominant NW
trending fracture/cleavage with strong argillic alteration that overprints
propylitic alteration.


The occurrence and recognition of these mineralized structural alignments
oblique to the direction of the major mineralized structures already known,
opens up, in the opinion of management, new possibilities for exploration of
other higher grade mineralized zones with the view to further increasing the
volume of the gold bearing component at the Huachi Property. 


Results for drill holes 11-HU-21 to 11-HU-23 including those targeting the
"Sentazon Structure" as well as results from further surface trench sampling of
the road cuts are anticipated to be released shortly, following QA/QC procedures
and also pending further laboratory reports. Maps relating to the content of
this news release showing the distribution of sample lines and the relative
locations of samples will be posted on the Corporation's website. 


Quality Assurance/Quality Control

Samples were submitted to Alex Stewart Assayers Argentina S.A. in Mendoza,
Argentina an ISO 9000-2000 accredited laboratory. Gold and silver results were
determined using standard fire assay techniques on a 30 gram sample with a
gravimetric finish for gold and silver. In addition to this, ICP-AR (Aqua Regia
digestion) analysis was performed on 39 elements. Gustavo Fernandez P.Geo of
UAKO Geological Consultants supervised and assessed the QA/QC procedures and
data in compliance with National Instrument 43-101 requirements. 


About Kestrel Gold Inc.

Kestrel is a gold exploration company headquartered in Canada. Its two principal
projects are the King Solomon Dome project in Canada's Yukon Territory and the
Huachi project in Argentina. Kestrel (KGC) is listed on the TSX Venture
Exchange.


Technical aspects of this news release have been reviewed and approved by W.A.
Taylor, P.Geo., hereby designated as a qualified person under National
Instrument 43-101.


Cautionary Statements

This news release contains "forward-looking information" within the meaning of
applicable securities laws, including with respect to the potential
mineralization of the Huachi Property and possible future exploration of the
Huachi property and the timing of the release of further sampling results.
Readers are cautioned to not place undue reliance on forward-looking statements.
Forward-looking statements are based on certain key assumptions made by the
Corporation, including assumptions based on the Corporation's current
exploration results, assumptions related to obtaining sufficient financing and
other resources to carry out any future exploration and timing to obtain
reportable results. Actual results and developments may differ materially from
those contemplated by these statements depending on, among other things, the
inherent risks involved in the exploration and development of mineral
properties, the uncertainties involved in interpreting exploration results and
other geological data and the ability of the Corporation to obtain the funds and
resources required to carry out further exploration. The forward-looking
statements in this press release are made as of the date of this release and the
Corporation undertakes no obligation to update publicly or revise any forward
looking statements whether as a result of new information or otherwise, except
as required by applicable securities laws. The Corporation undertakes no
obligation to comment on analyses, expectations or statements made by third
parties in respect of the Corporation or its financial or operating results or
(as applicable) its securities.

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