Kaminak Reports 2015 Infill Drill Results from Coffee Gold Project

Highlights Include: 4.0 g/t Au over 27m, 6.2 g/t Au over 16.8m, 10.5 g/t Au over 9.1m, 18.6 g/t Au over 5.0m and 2.8 g/t Au over 32.0m

VANCOUVER, Aug 13, 2015 - Kaminak Gold Corp. (TSX VENTURE:KAM) today announced results from the 2015 infill drilling program at Coffee, Kaminak's flagship development track gold project located 130km south of Dawson City, Yukon. Infill drilling is now complete on all Coffee deposits, demonstrating good agreement with the existing block model and expected to result in a high conversion rate of in-pit resources from Inferred to Indicated in the updated 2015 block model underpining the Feasibility Study (FS), which is scheduled for completion in Q1, 2016. The results reported herein are predominantly from the Supremo deposit, which consists of six gold bearing structures (referred to as T1 to T5 and T7) that are interconnected and are interpreted to be part of the same mineralized system. Supremo contributes approximately 70% of the total ounces in the mine plan defined in the 2014 Coffee NI 43-101 Preliminary Economic Assessment (PEA).

"Our infill drilling program, which consisted of 70,000 metres, was executed on schedule and on budget in less than one year," stated Eira Thomas, Kaminak President & CEO. "Upgrading the confidence level of the Coffee gold resources is a big step towards de-risking Coffee as we move it through feasibility towards production."

In 2015, approximately 31,000 metres of infill drilling was undertaken on the series of parallel, north-south striking gold bearing structures comprising the Supremo deposit. Based on the 2014 PEA, the Supremo deposit contributes approximately 1,272,000 ounces of gold (recoverable) at an average diluted grade of 1.13 g/t Au in Oxide resources, plus an additional 44,000 ounces of gold at 1.64 g/t Au as Transitional-oxide resources. Drilling completed at Supremo has firmed up the existing geological interpretation providing additional confidence in the location, geometry and continuity of the mineralized lodes.

The location and spacing of infill drilling was determined in consultation with independent Qualified Person Robert Sim, P.Geo of SIM Geological Inc., who completed the Coffee Gold Project Mineral Resource Estimates (announced December 13, 2012, and updated January 28, 2014). The Company is now in the process of updating the Coffee mineral resource estimate for inclusion in the final feasibility study.

All maps, sections and assay sheets associated with this news release can be viewed by clicking the following link: http://kaminak.com/news_releases/index.php?&content_id=634

Kona North Drill Results

Kaminak also announced today the results from step-out drilling at the Kona North prospect consisting of two holes, CFD0601 and CFD0602, drilled 40m east along strike from CFR0976, which was drilled earlier this year and returned 2.43 g/t Au over 50.3m. Both step-out holes intersected gold mineralization with the best intercept returning 2.4 g/t Au over 19m in CFD0602, and extending the strike length of the Kona North deposit to 330m while still remaining open along strike and at depth.
The depth extent of Oxide and Transitional mineralization appears to be quite shallow at Kona North compared to other Coffee gold deposits resulting from localized erosion of the upper sections of the mineralized structure. However there remains good potential to test for extensions of the Oxide mineralization at shallower levels of the system along strike to the east and west within the 1.8km long gold-in-soil anomaly.

Table 1 2015 Coffee Infill and Kona North Drilling Results

Prospect	Drill Hole	From (m)	To (m)	Width (m)	Weighted Average Grade (g/t Au)
2015 Coffee Infill Drilling
Supremo T3	CFD0500	90	100	10	2.76
Supremo T3	CFD0501	NSV or did not reach target depth
Supremo T3	CFD0502	29	36	7	1.39
Supremo T3	CFD0503	116	119	3	22.12
Supremo T3	CFD0503	201	204	3	7.01
Supremo T3	CFD0504	82	89	7	10.28
Supremo T3	CFD0504	96	100	4	3.25
Supremo T3	CFD0505	177	183	6	3.33
Supremo T3	CFD0506	144	149	5	2.12
Supremo T3	CFD0506	154	160	6	2.15
Supremo T3	CFD0506	193	194	1	11.1
Supremo T3	CFD0507	35	38	3	4.51
Supremo T3	CFD0507	143	148	5	5.2
Supremo T3	CFD0509	224	229	5	2.15
Supremo T3	CFD0509	275	278	3	3.81
Supremo T3	CFD0510	15	27	12	2.77
Supremo T3	CFD0511	37	45	8	7.95
Supremo T3	CFD0511	58	65	7	3.36
Supremo T3	CFD0513	111	114	3	2.18
Supremo T5	CFD0514	112	122	10	4.03
Supremo T1-2	CFD0516	88	90	2	2.4
Supremo T5	CFD0517	152	155	3	3.16
Supremo T5	CFD0519	50	58	8	1.84
Supremo T1-2	CFD0520	33	39	6	2.32
Supremo T1-2	CFD0521	112	115	3	8.08
Supremo T1-2	CFD0521	134	138	4	2.97
Supremo T5	CFD0523	202	205	3	2.61
Supremo T1-2	CFD0524	58	62	4	2.77
Supremo T5	CFD0525	6	9	3	5.58
Supremo T5	CFD0525	19	23	4	5.97
Supremo T1-2	CFD0526	94	98	4	3.09
Supremo T5	CFD0527	NSV or did not reach target depth
Supremo T1-2	CFD0528	53	55	2	0.96
Supremo T1-2	CFD0529	38	45	7	1.62
Supremo T5	CFD0531	138	145	7	1.77
Supremo T5	CFD0531	183	188	5	2.02
Supremo T5	CFD0531	204	210	6	4.9
Supremo T5	CFD0532	140	152	12	1.44
Supremo T1-2	CFD0533	27	28	1	4.23
Supremo T5	CFD0535	133	146	13	1.37
Supremo T5	CFD0535	160	165	5	3.98
Supremo T5	CFD0536	26	28	2	3.41
Supremo T5	CFD0537	130	133	3	1.89
Supremo T5	CFD0539	68	75	7	7.77
Supremo T5	CFD0540	212	220	8	1.63
Supremo T5	CFD0541	57	64	7	4.26
Supremo T1-2	CFD0542	51	53	2	35.35
Supremo T1-2	CFD0542	124	128	4	6.06
Supremo T1-2	CFD0542	139	149	10	4.09
Supremo T1-2	CFD0542	227	229	2	5.38
Supremo T5	CFD0543	42	43	1	1.32
Supremo T1-2	CFD0544	NSV or did not reach target depth
Supremo T1-2	CFD0546	10	22	12	1.71
Supremo T1-2	CFD0546	179	185	6	10.36
Supremo T1-2	CFD0547	88	90	2	3.17
Supremo T5	CFD0548	173	188	15	2.19
Supremo T1-2	CFD0549	137	138	1	1.53
Supremo T1-2	CFD0551	NSV or did not reach target depth
Supremo T1-2	CFD0552	171	179	8	1.68
Supremo T1-2	CFD0553	97	124	27	4.04
Supremo T1-2	CFD0554	102	106	4	2.82
Supremo T1-2	CFD0554	118	121	3	5.17
Supremo T1-2	CFD0554	188	204	16	2.6
Supremo T5	CFD0555	144	161	17	4.74
Supremo T1-2	CFD0556	186	187	1	1.57
Supremo T1-2	CFD0557	119	143	24	2.39
Supremo T1-2	CFD0557	189	194	5	10.58
Supremo T5	CFD0558	165	170	5	3.34
Supremo T3	CFD0559	69	71	2	6.9
Supremo T3	CFD0559	93	99	6	6.72
Supremo T1-2	CFD0561	109	114	5	18.62
Supremo T1-2	CFD0561	132	135	3	3.54
Supremo T1-2	CFD0562	210	214	4	1.35
Supremo T5	CFD0563	54	58	4	13.9
Supremo T7	CFD0564	45	51	6	2.22
Supremo T7	CFD0565	32	34	2	1.61
Supremo T5	CFD0566	54	58	4	14.44
Supremo T1-2	CFD0567	185	189	4	1.3
Supremo T7	CFD0568	77	81	4	2.06
Supremo T5	CFD0569	44	48	4	4.42
Supremo T7	CFD0570	81	90	9	1.84
Supremo T7	CFD0571	61	63	2	2.02
Supremo T5	CFD0572	113	122	9	2.21
Supremo T5	CFD0574	41	43	2	2.32
Supremo T4	CFD0575	NSV or did not reach target depth
Supremo T7	CFD0576	NSV or did not reach target depth
Supremo T5	CFD0577	98	100	2	4.24
Supremo T7	CFD0578	42	44	2	3.74
Supremo T5	CFD0579	60	65	5	9.54
Supremo T1-2	CFD0580	196	202	6	1.29
Supremo T4	CFD0581	NSV or did not reach target depth
Supremo T7	CFD0582	84	86	2	3.48
Supremo T4	CFD0583	NSV or did not reach target depth
Supremo T7	CFD0584	104	105	1	2.44
Supremo T3	CFD0585	93	98	5	0.9
Supremo T4-5	CFD0586	127	133	6	3.89
Supremo T4-5	CFD0586	201	207	6	2.04
Supremo T5-7	CFD0587	30	34	4	4.23
Supremo T5-7	CFD0588	55	58	3	6.46
Supremo T7	CFD0589	37	46	9	0.82
Supremo T5-7	CFD0590	51	53	2	1.87
Supremo T3	CFD0591	145	149	4	3.66
Supremo T3	CFD0592	99	105	6	2.7
Supremo T3	CFD0592	114	122	8	2.75
Supremo T3	CFD0592	219	224	5	2.16
Supremo T4-5	CFR0804	103.63	115.82	12.19	3.35
Supremo T3	CFR0805	67.06	79.25	12.19	4.05
Supremo T3	CFR0805	89.92	103.63	13.71	1.06
Supremo T3	CFR0805	123.44	129.54	6.1	3.66
Supremo T3	CFR0806	77.72	99.06	21.34	0.97
Supremo T3	CFR0807	21.34	25.91	4.57	1.72
Supremo T3	CFR0808	21.34	27.43	6.09	2.95
Supremo T3	CFR0809	32	36.58	4.58	1.79
Supremo T3	CFR0810	64.01	74.68	10.67	2.07
Supremo T3	CFR0810	91.44	108.2	16.76	1.05
Supremo T3	CFR0810	117.35	120.4	3.05	3.83
Supremo T3	CFR0811	114.3	132.59	18.29	2.33
Supremo T3	CFR0812	129.54	134.11	4.57	4.18
Supremo T3	CFR0813	50.29	60.96	10.67	1.79
Supremo T3	CFR0813	102.11	109.73	7.62	4.45
Supremo T3	CFR0814	143.26	147.83	4.57	3.02
Supremo T3	CFR0815	71.63	74.68	3.05	15.67
Supremo T3	CFR0816	9.14	21.34	12.2	3.86
Supremo T3	CFR0817	70.1	77.72	7.62	3.45
Supremo T3	CFR0818	59.44	64.01	4.57	2.94
Supremo T3	CFR0819	59.44	62.48	3.04	5.72
Supremo T3	CFR0819	112.78	121.92	9.14	1.32
Supremo T3	CFR0820	NSV or did not reach target depth
Supremo T3	CFR0821	16.76	22.86	6.1	4.29
Supremo T3	CFR0822	88.39	91.44	3.05	3.79
Supremo T3	CFR0823	76.2	91.44	15.24	5.5
Supremo T3	CFR0823	150.88	153.92	3.04	7.98
Supremo T3	CFR0824	NSV or did not reach target depth
Double Double	CFR0825	12.19	16.76	4.57	4.75
Double Double	CFR0825	32	41.15	9.15	10.47
Supremo T3	CFR0826	25.91	35.05	9.14	1.06
Double Double	CFR0827	54.86	57.91	3.05	9.31
Double Double	CFR0829	NSV or did not reach target depth
Supremo T3	CFR0830	111.25	115.82	4.57	4.55
Supremo T3	CFR0830	128.02	160.02	32	2.77
Supremo T5	CFR0831	36.58	41.15	4.57	5.07
Supremo T7	CFR0832	51.82	54.86	3.04	4.52
Supremo T5	CFR0833	41.15	47.24	6.09	3.83
Supremo T7	CFR0834	NSV or did not reach target depth
Supremo T7	CFR0835	41.15	44.2	3.05	1.19
Double Double	CFR0836	35.05	36.58	1.53	1.48
Double Double	CFR0837	35.05	36.58	1.53	1.38
Supremo T7	CFR0838	NSV or did not reach target depth
Supremo T5	CFR0839	47.24	50.29	3.05	6.22
Supremo T7	CFR0840	155.45	158.5	3.05	3.52
Supremo T5	CFR0841	103.63	109.73	6.1	0.65
Supremo T4-5	CFR0842	89.92	94.49	4.57	2.93
Supremo T5	CFR0843	16.76	27.43	10.67	1.88
Supremo T5	CFR0843	124.97	128.02	3.05	3.53
Supremo T5	CFR0844	47.24	57.91	10.67	1.89
Supremo T5	CFR0845	47.24	50.29	3.05	3.77
Supremo T7	CFR0846	99.06	103.63	4.57	1.54
Supremo T4-5	CFR0847	33.53	59.44	25.91	1.59
Supremo T5	CFR0848	135.64	138.68	3.04	2.7
Supremo T7	CFR0849	NSV or did not reach target depth
Supremo T5	CFR0850	35.05	38.1	3.05	3.96
Supremo T4-5	CFR0851	114.3	128.02	13.72	1.27
Supremo T5	CFR0852	45.72	50.29	4.57	5.81
Supremo T5	CFR0852	60.96	67.06	6.1	5.04
Supremo T7	CFR0853	22.86	36.58	13.72	3.37
Supremo T5	CFR0854	NSV or did not reach target depth
Supremo T7	CFR0855	NSV or did not reach target depth
Supremo T4-5	CFR0856	54.86	60.96	6.1	0.66
Supremo T4-5	CFR0857	38.1	39.62	1.52	1.95
Supremo T4-5	CFR0858	6.1	13.72	7.62	1.98
Supremo T4-5	CFR0858	71.63	76.2	4.57	2.79
Supremo T4-5	CFR0859	NSV or did not reach target depth
Supremo T7	CFR0860	6.1	7.62	1.52	4.73
Supremo T4-5	CFR0861	91.44	112.78	21.34	1.41
Supremo T4-5	CFR0861	146.3	161.54	15.24	1.78
Supremo T7	CFR0862	153.92	158.5	4.58	1.78
Supremo T4-5	CFR0863	103.63	111.25	7.62	0.71
Supremo T4-5	CFR0864	59.44	60.96	1.52	7.34
Supremo T4-5	CFR0864	120.4	132.59	12.19	2.96
Supremo T4-5	CFR0865	147.83	155.45	7.62	2.17
Supremo T4-5	CFR0865	166.12	193.55	27.43	1.31
Supremo T4-5	CFR0866	24.38	38.1	13.72	2.38
Supremo T4-5	CFR0866	79.25	85.34	6.09	1.67
Supremo T7	CFR0867	4.57	7.62	3.05	2.52
Supremo T4-5	CFR0868	28.96	32	3.04	1.07
Supremo T4-5	CFR0869	86.87	92.96	6.09	2.84
Supremo T4-5	CFR0870	48.77	50.29	1.52	0.93
Supremo T1-2	CFR0871	65.53	71.63	6.1	1.01
Supremo T1-2	CFR0872	100.58	102.11	1.53	31.3
Supremo T1-2	CFR0872	111.25	146.3	35.05	1.6
Supremo T1-2	CFR0872	173.74	179.83	6.09	2.56
Supremo T7	CFR0873	NSV or did not reach target depth
Supremo T1-2	CFR0874	124.97	131.06	6.09	2.18
Supremo T7	CFR0875	97.54	99.06	1.52	3.23
Supremo T1-2	CFR0876	111.25	120.4	9.15	3.26
Supremo T1-2	CFR0877	62.48	65.53	3.05	4.76
Supremo T1-2	CFR0877	106.68	112.78	6.1	2.47
Supremo T7	CFR0878	44.2	47.24	3.04	3.45
Supremo T1-2	CFR0879	111.25	129.54	18.29	1.98
Supremo T7	CFR0880	118.87	126.49	7.62	1.26
Supremo T1-2	CFR0881	NSV or did not reach target depth
Supremo T1-2	CFR0882	137.16	146.3	9.14	4.07
Supremo T1-2	CFR0883	86.87	92.96	6.09	1.96
Supremo T1-2	CFR0883	114.3	121.92	7.62	1.69
Supremo T1-2	CFR0884	NSV or did not reach target depth
Supremo T1-2	CFR0885	74.68	82.3	7.62	3.22
Supremo T1-2	CFR0886	0	9.14	9.14	1
Supremo T1-2	CFR0887	57.91	62.48	4.57	1.35
Supremo T1-2	CFR0888	32	33.53	1.53	6.93
Supremo T1-2	CFR0889	12.19	15.24	3.05	0.91
Supremo T1-2	CFR0890	7.62	33.53	25.91	2.86
Supremo T1-2	CFR0890	59.44	60.96	1.52	7.55
Supremo T1-2	CFR0891	39.62	77.72	38.1	1.19
Supremo T1-2	CFR0892	80.77	82.3	1.53	5.02
Supremo T1-2	CFR0893	83.82	94.49	10.67	2.55
Supremo T1-2	CFR0893	160.02	164.59	4.57	4.17
Supremo T1-2	CFR0894	1.52	7.62	6.1	3.03
Supremo T1-2	CFR0895	18.29	19.81	1.52	4.24
Supremo T1-2	CFR0896	89.92	91.44	1.52	1.56
Supremo T1-2	CFR0897	117.35	118.87	1.52	3.02
Supremo T1-2	CFR0898	1.52	13.72	12.2	1.54
Supremo T1-2	CFR0899	48.77	50.29	1.52	2.71
Supremo T1-2	CFR0900	89.92	91.44	1.52	1.42
Supremo T1-2	CFR0901	24.38	25.91	1.53	2.16
Supremo T1-2	CFR0902	35.05	42.67	7.62	2.67
Supremo T1-2	CFR0903	92.96	96.01	3.05	2.79
Supremo T1-2	CFR0904	102.11	112.78	10.67	2.55
Supremo T1-2	CFR0905	59.44	60.96	1.52	5.01
Supremo T1-2	CFR0906	15.24	16.76	1.52	0.96
Supremo T1-2	CFR0907	59.44	64.01	4.57	1.85
Supremo T1-2	CFR0908	137.16	143.26	6.1	1.53
Supremo T1-2	CFR0909	114.3	118.87	4.57	1.91
Supremo T1-2	CFR0910	80.77	85.34	4.57	1.45
Supremo T1-2	CFR0911	97.54	103.63	6.09	1.64
Supremo T1-2	CFR0912	51.82	56.39	4.57	1.77
Supremo T1-2	CFR0913	NSV or did not reach target depth
Supremo T1-2	CFR0914	21.34	22.86	1.52	1.88
Supremo T1-2	CFR0915	42.67	51.82	9.15	3.65
Supremo T1-2	CFR0915	80.77	89.92	9.15	2.99
Supremo T3	CFR0916	30.48	32	1.52	1.33
Supremo T1-2	CFR0917	36.58	39.62	3.04	3.66
Supremo T3	CFR0918	NSV or did not reach target depth
Supremo T1-2	CFR0919	24.38	28.96	4.58	10.1
Supremo T3	CFR0920	24.38	27.43	3.05	1.41
Supremo T1-2	CFR0921	60.96	70.1	9.14	1.92
Supremo T3	CFR0922	99.06	103.63	4.57	14.26
Supremo T1-2	CFR0923	NSV or did not reach target depth
Supremo T3	CFR0924	45.72	47.24	1.52	5.08
Supremo T1-2	CFR0926	36.58	39.62	3.04	5.47
Supremo T1-2	CFR0927	36.58	42.67	6.09	0.83
Supremo T1-2	CFR0928	82.3	85.34	3.04	4.9
Supremo T1-2	CFR0929	25.91	32	6.09	0.83
Supremo T7	CFR0930	22.86	25.91	3.05	1.51
Supremo T1-2	CFR0931	15.24	35.05	19.81	2.12
Supremo T1-2	CFR0932	6.1	10.67	4.57	1.06
Supremo T7	CFR0933	21.34	32	10.66	1.66
Supremo T7	CFR0933	44.2	54.86	10.66	1.49
Supremo T1-2	CFR0935	89.92	91.44	1.52	9.38
Supremo T3	CFR0940	36.58	39.62	3.04	1.48
Supremo T3	CFR0942	105.16	106.68	1.52	7.35
Supremo T1-2	CFR0943	NSV or did not reach target depth
Supremo T3	CFR0944	68.58	73.15	4.57	6.97
Supremo T3	CFR0945	33.53	45.72	12.19	1.29
Supremo T3	CFR0946	NSV or did not reach target depth
Latte	CFR0947	22.86	65.53	42.67	1.99
Latte	CFR0949	85.34	102.11	16.77	1.88
Latte	CFR0950	22.86	28.96	6.1	2.09
Latte	CFR0950	35.05	48.77	13.72	1.07
Supremo T3	CFR0951	NSV or did not reach target depth
Latte	CFR0952	12.19	28.96	16.77	6.16
Latte	CFR0952	53.34	82.3	28.96	1.15
Latte	CFR0952	89.92	94.49	4.57	2.65
Supremo T3	CFR0953	38.1	42.67	4.57	2.41
Latte	CFR0954	103.63	109.73	6.1	0.65
Supremo T3	CFR0955	126.49	132.59	6.1	7.35
Latte	CFR0956	51.82	53.34	1.52	8.15
Supremo T3	CFR0957	NSV or did not reach target depth
Supremo T7	CFR0959	47.24	57.91	10.67	3.19
Supremo T7	CFR0959	74.68	91.44	16.76	0.83
Supremo T7	CFR0961	97.54	100.58	3.04	2.72
2015 Kona North Exploration Drilling
Kona North	CFD0601	57	58	1	1.75
Kona North	CFD0602	85	104	19	2.41
Kona North	CFD0602	112	119	7	1.88

* True width estimated at approximately 2/3 down-hole length.

Additional notes: 'CFD' drill hole prefixes equate to diamond core holes, 'CFR' equate to RC drill holes. RC drill holes are sampled on 5' drill rod lengths then converted to metric for input into the drill database. NSV equals 'No Significant Value'.

QA / QC

Kaminak's disclosure of a technical or scientific nature in this press release has been reviewed and approved by Tim Smith, P.Geo., Vice President Exploration of Kaminak Gold Corp., who serves as a Qualified Person under the definition of National Instrument 43-101. Quality assurance and quality control procedures include the systematic insertion of blanks and standards into the drill sample string. Samples are placed in sealed bags and shipped directly to the ALS Minerals preparatory laboratory in Whitehorse prior to gold fire assay.

On behalf of the Board of Directors of Kaminak

Eira Thomas, President and CEO

Kaminak Gold Corp.

For further information about Kaminak Gold Corporation or this news release, please visit our website at www.kaminak.com.

Neither the 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.

Caution Concerning Forward-Looking Statements

Certain disclosures in this release, including management's assessment of the future potential of the Coffee Project, costs and timings for completion of the Coffee Project feasibliity study and future exploration programs, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Kaminak's operations as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including risks as to the completion of the plans and projects. Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by law, Kaminak expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise.

The Company has not made a production decision, and the Company's strategic plan to develop a stand-alone heap leach operation is subject to the results of its Feasibility Study. Further, if and when the Company makes any production decision, it will disclose the basis of such decision in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101").