KAMINAK GOLD CORPORATION V.KAM

RE: RE: RE: RE: RE: RE: RE: Insider selling - Mar.

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The drill program for 2011 was already announced see https://www.kaminak.com/investors/news_releases/index.php?&content_id=282 Further they will be:Key objectives for Kaminak’s 2011 program:Expand and define geometry on the 8 gold zones discovered in 2010 Work towards National Instrument 43-101 compliant inferred resources on priority zones. Continue to discover new gold zones across the Coffee property by drill testing high-quality soil anomalies. “Our goal is to ultimately define near-surface gold resources across the vast property,”stated Rob Carpenter, Kaminak’s President & CEO. “Our strategy of drilling beneath in-situ gold-in-soil trends led to 8 drill discoveries in 2010, and to date, only 10% of the property has been systematically explored.” The Company has developed the following strategy and timeline to complete the Phase One Exploration Program consisting of up to 40,000 metres of drilling (four drills), collection of 10,000 soil samples and ground geophysical orientation surveys over priority areas. A detailed plan illustrating proposed drill hole locations is available on the Kaminak website at www.kaminak.com. The company expects the drilling season to begin in April and run continuously through to at least October. April 2011: Aggressive expansion drilling programs commence at Latte, Supremo, Double Double and Connector gold zones. June 2011: Soil Sampling commences at Coffee and regional targets including the new Sugar trend. July 2011: Kona, Americano and Espresso aggressive expansion drilling programs. Commencement of Phase Two infill drilling as needed. Sept 2011: Drill test new targets including Sugar, Macchiato, Americano West and Cappuccino.