Adventure Gold Starts a 5,000-Metre Drilling Program at The Past Producing L.C. Beliveau Mine East of Val-D'or

MONTREAL, QUEBEC -- (Marketwire) -- 06/02/11 -- Adventure Gold Inc. (TSX VENTURE: AGE) (the 'Company') is pleased to announce the start of a Phase II drilling program on its 100%-owned Pascalis-Colombiere gold property (the 'Property'), located in the eastern part of the Val-d'Or mining camp, Quebec. The new drilling program will consist of at least 12 holes for approximately 5,000 metres aiming to better define the new gold mineralization system recently identified west of the former L.C. Beliveau Mine (see press release dated April 7 and May 31, 2011) and the extensions of the mine at depth. At least four holes will be deepened (PC-11-15, 17, 19 and 20) to test the mine at depth but most of the drilling will be performed on the Beliveau West Area (BWA) between the surface and 350 metres depth. The drilling program is expected to be completed during the months of June to July.

'This drill program will allow us to further define the Beliveau gold system, leading to a resource calculation and their economic potential. Following positive drill results and the permitting process, an open-pit or an underground operation could be producing in the near future,' stated Marco Gagnon, President and CEO, Adventure Gold Inc.

Resource Estimates

The Company believes there is a strong potential to increase the gold resource identified by Cambior at the L.C. Beliveau Mine prior to 1993. Once the Phase II drilling program has been completed, a 43-101 resource estimate calculation technical report will be completed and released. SGS Geostat, a consulting firm based in Blainville, Quebec, has already started the NI 43-101 compliant gold resource estimate and report. New results from the Phase II drilling program will be included in the report.

Quality Control

Jules Riopel, P.Geo., Vice-President Exploration and Acquisitions, acting as the Company's 'Qualified Person' as defined by NI 43-101, has reviewed this press release and will supervise the drilling program.

In Other News

The Company has granted 40,000 stock options to an employee of the Company. Each option entitles the holder to purchase one common share of the Company at a price of $0.53 per share for a period of ten years.

Profile:

Adventure Gold Inc. is a mineral exploration company focused on discovering high-quality gold deposits in the Abitibi Greenstone Belt located in northwestern Quebec and northeastern Ontario - one of the richest gold deposit areas in the world. Adventure Gold holds quality assets in the Val-d'Or, Rouyn-Noranda and Timmins areas and is led by determined management and technical teams with extensive exploration and mine production experience. Adventure Gold is proud to count on highly regarded partners such as Agnico-Eagle Mines Limited and Lake Shore Gold Corp. to explore its advanced-stage gold properties. The Company holds more than $3.5M in cash and securities and will continue to aggressively seek new properties in compliance with its corporate strategy.

The foregoing information may contain forward-looking statements and events relating to the future performance of the Company. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Company's filings with the appropriate regulatory authorities. We seek safe harbour.

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.

Contacts:

Marco Gagnon

President & CEO
marco@adventure-gold.com

450.743.5527


Jules Riopel

Vice-President Exploration and Acquisitions
jules@adventure-gold.com

819.797.9770
www.adventure-gold.com