CALGARY - Kestrel Gold Inc. ('Kestrel' or the 'Corporation') (TSXV: KGC) is pleased to announce that the Corporation's inaugural drill program at the QCM Project has commenced.

The 7-hole 1,200 metre reverse circulation ('RC') drill program will focus on the QCM Zone where historical drill results of up to 2.86 g/t Au over 110.95 metres have previously been reported. Five holes will focus on infill drilling within the main historical drill area while two will test for potential northwest strike extensions to the previously encountered mineralization.

Rob Solinger, President and CEO of Kestrel, states: 'We are pleased to commence the QCM drill program which is designed to confirm and expand upon historical results. The program will also allow us to test our theory that the presence of erratically disseminated coarse gold coupled with the historical exploration approach of diamond drilling and standard fire assaying yielded results that under represented actual gold grades. It is hoped that the larger sample size from a RC drill coupled with analyses by metallic screen assay, which is an analytical method designed specifically for samples with coarse gold, will result in higher and more representative grades.'

About Kestrel Gold

Kestrel Gold Inc. is a gold exploration company headquartered in western Canada. The Corporation is focused on gold exploration within the Canadian Cordillera, with an emphasis on hardrock targets located in placer gold mining districts. Kestrel is listed on the TSX Venture exchange under the symbol KGC.

Forward-Looking Statements

The information and statements in this news release contain certain forward-looking information. This forward-looking information relates to future events or the Corporation's future performance including exploration activity that could take place on the Corporation's properties or projects. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. The Corporation's forward-looking information is expressly qualified in its entirety by this cautionary statement.

Contact:

Rob Solinger

Tel: (403) 816-2141

Email: rob@kestrelgold.com

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