Lupaka Gold Corp. announced that it has received assay results from six additional drill holes from the completed 2012 drilling program on its Crucero Gold Project. Of the holes reported, all six were drilled on the A-1 resource zone.

These holes along, with the remaining holes still to be assayed, will be incorporated into a NI 43-101 resource estimate update, expected in the first quarter of 2013. DDH-39, in the southwest section of the A-1 Zone mineralized envelope, reported 10 metres at 2.09 g/t gold. DDH-40 in the northeast section on the A-1 Zone contains a significant width of 46 metres at 1.42 g/t gold.

DDH-58, also in the northeast section of the A-1 Zone reported 12 metres at 3.17 g/t gold. The results confirm that the A-1 Zone mineralization is continuous along strike and to depth. The company currently plans to drill 10,000 metres in 2013 commencing in second quarter, versus the 8,258 metres drilled in 2012.

The 2013 Drill Program will be preceded by comprehensive field work on various Crucero anomalies intended to identify exploration drill targets. As in prior years, the Company does not plan to conduct any drilling for the 3-4 month period beginning in January, as the typical seasonal rain in the central-Andes makes access difficult and increases the potential negative environmental impact from drilling. Ground studies and field work will continue through this drilling hiatus.