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Meunier-144 Deep Drilling Update, Timmins West, Ontario

16.09.2011  |  Marketwire

MONTREAL, QUEBEC -- (Marketwire) -- 09/16/11 -- Adventure Gold Inc. (TSX VENTURE: AGE) (the 'Company')and RT Minerals Corp. (TSX VENTURE: RTM) ('RTM') are pleased to reporton the Meunier-144 property (the 'Property') deep drilling program.The Property is contiguous to thewestern boundary of Lake Shore Gold's (TSX: LSG) ('LSG')Timmins Mine property located in the West Timmins area, Ontario. The current initial deep drill hole is ongoing and when completed is estimated to provide a deep cut on the projected target area at an approximate vertical depth of 2,400m (see figure 1 at www.adventure-gold.com). This will enable a series of shallower wedge cuts to obtain further details on shape and extent of major geological structures as well as potential mineralization. The initial deep hole was collared on LSG'sTimmins Mine property in August 2010 and is now about 2,600m in core length and with recent wedging appears to be on track to potentially hit the intended target by late October 2011.


This hole is targeting potential zones down plunge and on strike to mineralization at LSG's 100% owned Timmins Mine gold Deposit where LSG has previously announced intercepts of up to 13.6 g/t Au over 50.8m and 61.4 g/t Au over 15.0m (LSG -Press Release August 10, 2010) and where LSG has announced further drilling results relating to their Thunder Creek project, Rusk Zone, of up to 75.1 g/t Au over 18.6m (LSG - Press Release March 4, 2011).The Timmins Mine Deposit straddles a volcanic/sedimentary/ultramafic contact zone, within a folded sequence that plunges about 54 degrees to the west-northwest towards the Property.


LSG's Timmins Mine ore body has demonstrated vertical persistence as it can be traced down-plunge for a distance of approximately 1,500m from surface, and remains open at depth. Newly emerging and significant fold structures and complexities are now becoming apparent on the deepest sections of the Timmins Mine from LSG drilling. Overall, the gross geometry of the structure has remained consistent from surface to a 1,300m vertical depth and it is apparent that this geometry and structure continues to depth toward and potentially onto the Meunier-144 property.


Exercise of the Original Option by AGEand the First Option by RTM and LSG


AGE, RTM and LSGhave recently fulfilled all their commitments and earned respectively 75%, 12.5% and 12.5% interest each in and to the Property (see Press Releases available on the Company's website for more details on the option agreement dated July 8, 2008, and as amended on June 1, 2009, and May 5, 2010). In addition, RTM and LSG elected to exercise the Second Option to acquire an additional 12.5% interest each in and to the Property.


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.LSG is the field manager for the deep drilling program carried out on the Property.


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.


Follow Adventure Gold on:


Twitter: http://twitter.com/Adventure_AGE


LinkedIn: http://www.linkedin.com/company/2253943


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
www.adventure-gold.com


Jules Riopel

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

819.797.9770



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