Kaminak Drills High-Grade Gold at Latte Zone: New Intercepts Include 9.6 g/t Au Over 17m and 17.4 g/t Au Over 7m

VANCOUVER, June 13, 2011 - Kaminak Gold Corporation (TSX VENTURE: KAM) today announced the results from the first three diamond core holes drilled in 2011 at the Latte Zone located on the Company's 100% owned Coffee property in the White Gold District, Yukon Territory. These holes successfully extended the strike of mineralization an additional 100m towards the west beyond the extent of the gold-in-soil trend, and intersected a wide high-grade zone over two successive drill sections.


Key Drill Results

- CFD-078: 1.11 grams per tonne gold (g/t Au) over 44m starting from 226m

- CFD-080: 2.83 g/t Au over 62m starting at 60m depth, including 17.36g/t over 7m

- CFD-082: 9.61 g/t Au over 17m starting at 109m depth, including 24.50g/t over 3m


Key Point Summary

- CFD-080 and CFD-082 returned the highest grade gold intersections to date at Latte: 9.6 g/t Au over 17m and 17.6 g/t Au over 7m. The new high-grade zones at Latte represent a significant new style of mineralization.

- CFD-078 and CFD-080 extended the up- and down-dip continuity on the 2950m East drill section. Mineralization is interpreted to commence from surface and remains open at 200m vertical depth.

- CFD-082 extended the mineralized zone an additional 100m along strike beyond the western limit of the gold-in-soil anomaly. 2010 and 2011 drilling at Latte has now established gold mineralization over a 700m strike length.

- Presently, two diamond core drills are turning at Latte; one drill exploring along strike on 100m step-outs to the west, and the other drill completing systematic drill fences and 100m step-outs along strike to the east.

"Drilling two of the highest grade intervals to date, and outside of the gold-in soil anomaly, are major milestones for the Coffee property," stated Rob Carpenter, Kaminak's President & CEO. "This significant achievement by our technical team opens up the exploration potential of the Coffee property by allowing us to evaluate completely new target types elsewhere on the property."

The Latte Zone is associated with a regionally-significant, east-west trending structural corridor co-incident with a 1km long by 100m wide gold-in-soil anomaly. Drilling in 2010 intersected mineralization over a strike length of 600m with intercepts including 1.86 g/t over 70m and 1.83 g/t over 58m. The 2011 drilling program aims to extend the mineralization along strike and to depth.

The new high-grade mineralized zones, intersected over two successive drill sections located 100m apart, represent a highly significant new style of mineralization comprising both low-sulphide, intensely silica-altered schist in addition to high-sulphide grey-blue to white quartz vein breccias exhibiting crackle, mosaic and cockade to plumose textures. The high-grade intercept in CFD-082 (9.61 g/t over 17m) lies 100m beyond the western limit of the Latte gold-in-soil anomaly, thereby confirming that mineralization on the Latte structure is continuous to the west beneath 5-10m of overburden that obscures the detection of the zone at surface via traditional soil sampling. Geophysics and drill data suggest the Latte structure continues for at least another 800m to the west of the soil grid as demonstrated by a 2010 drill hole (CFD-061), located 800m to the west of CFD-082, which intersected 3.04 g/t over 6m.

Ongoing drilling at Latte will continue to focus on extending the strike length and depth extent, with two diamond core drills currently drilling.


Assay Table

Drill Hole #	From (m)	To (m)	Length (m)*	Weighted Grade (g/t)
CFD-078	175	180	5	1.17
and	191	194	3	5.00
and	226	270	44	1.11
 	 	 	 	 
CFD-080	7	9	2	7.29
and	46	49	3	2.79
and	60	122	62	2.83
incl	60	67	7	17.36
 	 	 	 	 
CFD-082	94	97	3	3.19
and	109	126	17	9.61
incl	122	125	3	24.50

*true width is estimated at 70-100% of core length

A detailed plan map, cross-sections, assay sheet and photo montage of select core samples is available on the Kaminak website at www.kaminak.com.


QA/QC

Kaminak's disclosure of a technical or scientific nature in this press release has been reviewed and approved by Dr. Rob Carpenter, Ph.D., P.Geo., Kaminak's President and CEO, 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 core sample string. Samples are placed in sealed bags and shipped directly by charter plane to the ALS CHEMEX preparatory laboratory in Whitehorse prior to gold fire assay and ICP-MS analysis. The Coffee property is an early stage exploration property and does not contain any mineral resources as defined by National Instrument 43-101.


On behalf of the Board of Directors of Kaminak

Rob Carpenter, Ph.D., P.Geo.
President and CEO



Kaminak Gold Corporation

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

Kaminak is a member of the Discovery Group of companies. For more information on the group please visit www.discoveryexp.com.


Certain disclosures in this release, including management's assessment of plans and projects and intentions with respect to listings of securities, use of proceeds 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. Kaminak expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.



Contact Information

Kaminak Gold Corporation
Tony Reda, Vice-President of Corporate Development
604.646.4534 or Toll Free 1.888.331.2269
info@kaminak.com
www.kaminak.com