KAMINAK GOLD CORPORATION V.KAM

Morning Coffee

[Runner5]

From today's edition of Canaccord's Morning Coffee:

Kaminak Gold* (KAM : TSX-V : $3.41), Net Change: 0.10, % Change: 3.02%, Volume: 310,755

Game on. The snow has melted in the Yukon and Kaminak Gold is back to what it does best - delivering a steady flow of impressive results from its Coffee property in the White Gold District. On Monday, Kaminak announced the results from the first three diamond core holes drilled in 2011 at the Latte Zone, which included high-grade intersections of 9.6 g/t gold over 17 m and 17.4 g/t gold over 7 m. Management highlighted that these new holes at Latte Zone successfully extended the strike of mineralization an additional 100 m towards the west beyond the extent of the gold-in-soil trend, and intersected a wide highgrade zone over two successive drill sections. President and CEO Rob Carpenter stated, "Drilling two of the highest grade intervals to date, and outside of the gold-in soil anomaly, are major milestones for the Coffee property." He added, "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 company said ongoing drilling at Latte will continue to focus on extending the strike length and depth extent, with two diamond core drills currently drilling.