Kaminak Drilling Increases Length of the Latte Gold Zone to 1350 Meters Remains Open in All Directions

VANCOUVER, Sept. 14, 2011 - Kaminak Gold Corporation (TSX VENTURE: KAM) today announced assay results from 44 diamond drill holes from the Latte zone, located on the Company's 150,000 acre Coffee Gold property, Yukon Territory. Kaminak discovered Latte in 2010 and successfully defined a linear structural zone 600m long that begins at surface. Drilling in 2011 has more than doubled the strike length of the Latte zone to at least 1350m and reaching 275m vertically below surface. Many holes host multiple intercepts and mineralization remains open in all directions.


Key Results

CFD-87 - 2.6 g/t Au over 31m (from 142m) and 1.1 g/t Au over 69m (from 184m)
CFD-96 – 2.2 g/t Au over 13m (from 75m) and 2.6 g/t Au over 14m (146m)
CFD-97 – 9.0 g/t Au over 3m (from 30m) and 15.5 g/t Au over 3m (from 218m)
CFD 115A – 2.1 g/t Au over 59m (from 142m) and 1 g/t Au over 10.6m (from 211m)
CFD-119 – 12.0 g/t Au over 3m (from 184m) and 2.5 g/t Au over 31m (from 240m)
CFD-123 – 13.5 g/t Au over 5m (from 219m) and 2.2 g/t Au over 21m (from 234m)

CFD-85 – 1.6 g/t Au over 38m (from 133m)
CFD-91 – 8.6 g/t Au over 10m (from 40m)
CFD-92 – 7.8 g/t Au over 5m (from 75m)
CFD-99 – 1.9 g/t Au over 41m (from 138m)
CFD-140A – 2.0 g/t Au over 19m (from 215m)

CFD-113 – 8.5 g/t Au over 7m (from 84m)
CFD-114 – 6.4 g/t Au over 10m (from 246m)
CFD-127 – 2.3 g/t Au over 12m (from 122m)
CFD-131 – 1.8 g/t Au over 18m (from 208m)
CFD-103 – 3.9 g/t Au over 17m (from 166m)


Summary

- Strike length of Latte zone extended to at least 1350m along trend and reaching 275m vertically below surface. Many holes host multiple intercepts and mineralization remains open in all directions.

- Drilling towards the west successfully extends gold mineralization 400m beyond the previously defined gold-in-soil anomaly, and geophysical data suggests the Latte structure may extend an additional 2500m towards the Kona area and 1000m east towards Double Double.

- West Latte trend characterized by moderately south-dipping mineralized horizons exhibiting a shallow westerly plunge. Additional drilling is planned to test down-plunge depth extent of CFD-119, which cut 12.0 g/t Au over 3m (from 184m core length) and 2.5 g/t Au over 31m (from 240m), and CFD-123, which cut 13.5 g/t Au over 5m (from 219m) and 2.2 g/t Au over 21m (from 234m).

- Latte is one of several closely spaced gold prospects, which also includes the Supremo zone (1100m north) and the Double Double zone (1000m east). Geological similarities on all scales suggest these zones are related to the same mineralizing event and, as a result, are potentially connected along trend and at depth.


Drill Results

Drilling by Kaminak in 2010 outlined a 600m long gold trend at Latte from 14 drill holes. The objective of the 2011 drilling was to expand the gold zones discovered in 2010 towards the west and east. A total of 42 holes are reported in this news release on 100m spaced sections with the exception of section 2900E, which is spaced 50m from the nearest section. All holes were drilled south to north (zero degree azimuth) angled between 50 and 80 degrees. Drilling intersected significant gold zones on all sections and successfully expanded the strike extent to at least 1350m. All zones remain open along trend and at depth. Extensive oxidation of the Latte mineralized zones is typically observed to approximately 75m vertical depth and partial oxidation is traced to 175m vertical. In contrast, the nearby Supremo T3 gold zone exhibits extensive oxidation to 150m vertical and partial oxide to 200m vertical.

Variability in gold grade and width is noted across the 1350m length of Latte. In general, the western half of the Latte structure is characterized by multiple zones of approximately 20-80m wide moderately south dipping panels, and includes: 2.6 g/t Au over 31m (from 142m core length) with a lower intercept of 1.1 g/t Au over 69m (from 184m) from hole CFD-87 and 2.1 g/t Au over 59m (from 142m) with a lower intercept of 1 g/t Au over 10.6m (from 211m) from hole CFD-115A. Significant high-grade gold has been cut at Latte west including: 8.6 g/t Au over 10m (CFD-91 from 40m) and 8.5 g/t Au over 7m (CFD-113 from 84m). These types of high gold grades are commonly observed near the top of Latte west intercepts. Looking westward from section 3350E towards section 2750E it is apparent that mineralization becomes wider and higher grade at depth, implying a west plunge along the Latte structural zone. Additional drilling is planned this season to test the down plunge depth extent of Latte west mineralization.

In contrast, gold at eastern Latte appears controlled by ~5-20m wide, near vertical structure, and, in general, gold grade appears higher with intercepts including: 3.9 g/t Au over 17m (CFD-103 from 166m) and 6.4 g/t Au over 10m (CFD-114 from 246m).

In addition, a significant alteration zone has recently been recognized in drilling south of the main Latte trend and is informally known as the Splay zone. This zone consists of a 10-20m wide interval of strongly arsenic enriched rocks that appears to be separate from the main Latte trend. The zone was identified from holes CFD-97 and 100 which primarily tested down-dip extensions of the main Latte East zone, but which, unexpectedly, intersected mineralization near the top of hole with intercepts including 8.96 g/t over 3m (CFD-97 from 30m). Four additional drill holes (CFD-128, 130, 132 and 134) were designed to test the gold potential of the Splay zone successfully outlining a southeast trending alteration zone over 200m strike (CFD-132 & 134 pending assays).

Latte is one of several closely spaced gold prospects, which also includes the Supremo zone (1100m north) and the Double Double zone (1000m east). Gold mineralization in all of these zones is hosted within brittle fractures and brecciated gneisses and schists accompanied by silica flooding and pyrite / limonite alteration. Geological similarities on all scales suggest these zones are related to the same mineralizing event and, as a result, are potentially connected along trend and at depth. Interpretation of recently acquired geophysical data has successfully identified drill targets associated with gold-in-soil anomalies between known gold zones.

The 2011 drilling has extended mineralization at Latte West 400m beyond the western limit of the gold-in-soil anomaly. Ground magnetic data collected in 2010 and recently acquired airborne magnetic survey data suggests the Latte structure may extend an additional 2,500m west towards the Kona area and 1,050m east towards Double Double.


Assay Table

Drill Hole # 	From (m) 	To (m) 	Width (m)* 	Weighted grade (g/t Au)
Latte West
Section 2900E
CFD-113 	84 	91 	7 	8.46
CFD-107 	88 	93 	5 	3.77
	and 	108 	109 	1 	3.82
	and 	136 	140 	4 	2.02
CFD-110 	73 	79 	6 	1.69
	and 	121 	126 	5 	2.81
	and 	133 	170 	37 	1.09
	and 	182 	187 	5 	1.48
CFD-115A 	142 	201 	59 	2.11
	and 	211.35 	222 	10.65 	1.05
	and 	229 	234 	5 	2.40
CFD-119 	169 	171 	2 	4.13
	and 	184 	187 	3 	11.96
	and 	197 	200 	3 	2.44
	and 	240 	271 	31 	2.50
	incl 	241 	244 	3 	17.75
Section 2850E
CFD-91 	40 	50 	10 	8.64
CFD-82** 	94 	97 	3 	3.19
	and 	109 	126 	17 	9.61
CFD-84 	61 	91 	30 	0.96
	and 	136 	139 	3 	0.69
CFD-85 	115 	120 	5 	1.61
	and 	133 	171 	38 	1.55
	and 	197 	210 	13 	0.93
CFD-87 	142 	173 	31 	2.65
	and 	184 	253 	69 	1.15
CFD-123 	219 	224 	5 	13.46
	and 	234 	255 	21 	2.18
	and 	267 	298 	31 	1.11
Section 2750E
CFD-116 	No significant values
CFD-94 	110 	111 	1 	5.42
	and 	153 	158 	5 	1.81
CFD-96 	75 	88 	13 	2.17
	and 	99 	101 	2 	1.75
	and 	122 	125 	3 	1.45
	and 	146 	160 	14 	2.58
CFD-99 	138 	179 	41 	1.90
	and 	224 	227 	3 	1.94
	and 	245 	247 	2 	1.91
CFD-105 	163 	174 	11 	2.04
	and 	182 	199 	17 	1.58
	and 	231 	240 	9 	1.99
Section 2650E
CFD-125 	Abandoned due to mechanical difficulties
CFD-109 	65 	66 	1 	5.03
CFD-112 	65 	69 	4 	1.02
CFD-122 	123 	137 	14 	2.12
CFD-140A 	215 	234 	19 	2.04
Section 2550E
CFD-117 	70 	73 	3 	0.85
CFD-127 	122 	134 	12 	2.27
Latte East
Section 3350E
CFD-102 	4.1 	26 	21.9 	0.66
	and 	36 	62 	26 	1.89
CFD-89 	54 	92 	38 	0.73
	and 	107 	120 	13 	2.01
CFD-92 	9 	19 	10 	1.23
	and 	75 	80 	5 	7.79
	incl 	79 	80 	1 	30.2
CFD-111 	91 	92 	1 	3.84
	and 	168 	170 	2 	2.06
Section 3450E
CFD-95 	5 	15 	10 	1.89
	and 	53 	55 	2 	1.80
	and 	95 	101 	6 	2.07
CFD-10** 	119 	135 	16 	3.71
CFD-97 	3.24 	8 	4.76 	2.44
	and 	30 	33 	3 	8.96
	and 	100 	103 	3 	4.93
	and 	218 	221 	3 	15.51
	incl 	219 	220 	1 	32.5
CFD-114 	161 	164 	3 	1.42
	and 	246 	256 	10 	6.44
CFD-100 	5 	11 	6 	0.96
	and 	48 	49 	1 	2.69
CFD-118 	85 	90 	5 	1.07
	and 	220 	221 	1 	6.15
Section 3550E
CFD-48** 	90 	99 	9 	5.55
CFD-50** 	169 	174 	5 	8.15
CFD-128 	26 	31 	5 	0.60
CFD-130 	33 	36 	3 	1.05
Section 3650E
CFD-120 	56 	58 	2 	3.11
	and 	72 	88 	16 	1.10
CFD-103 	166 	183 	17 	3.86
CFD-132, 134 	No significant values (holes not targeted for Latte structure)
Section 3750E
CFD-121 	77 	81 	4 	0.94
	and 	94 	99 	5 	1.00
CFD-106 	189 	191 	2 	1.85
	and 	194 	196 	2 	1.30
	and 	207 	210 	3 	0.88
CFD-108 	219 	225 	6 	2.92
	and 	235 	241 	6 	2.11
Section 3825E
CFD-124 	71 	91 	20 	1.04
CFD-126 	Abandoned due to mechanical issues
Section 3900E
CFD-129 	72 	85 	13 	1.78
	and 	129 	132 	3 	2.01
	and 	140 	156 	16 	1.83
CFD-131 	81 	84 	3 	1.77
	and 	208 	226 	18 	1.83
	and 	253 	257 	4 	1.44

* True width estimated at approximately 2/3 core length. ** previously released holes.


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.

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.



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