True Gold Grants Options to New Director

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 1, 2013) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") has granted incentive stock options to a newly appointed director of True Gold. The options are exercisable to purchase up to 300,000 common shares in the capital of the Company until August 1, 2018, at an exercise price of $0.30 per share, being the closing market price of the Company's shares as traded on the TSX Venture Exchange on July 31, 2013. The incentive stock options were granted in accordance with True Gold's Stock Option Plan and are subject to vesting provisions.

About True Gold

True Gold Mining Inc. is where gold comes to life. We are committed to growing a successful gold exploration, development and production company, by focusing on projects with low costs, low technical risks and solid economics. The Company's board, management and technical teams have proven track records in gold exploration, development, operations and production worldwide.

Additional information about the Company and its activities may be found on the Company's website at www.truegoldmining.com and under the Company's profile at www.sedar.com.

ON BEHALF OF THE BOARD

Dwayne Melrose, President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.