Adventure Gold Doubles its Land Position in the Val-D'Or East Area, Abitibi, Quebec

Adventure Gold Inc. (TSX VENTURE:AGE) (the "Company") is pleased to announce the
signing of two agreements for the acquisition of a 100% interest in 51 claims
(the "Property") totalling 21 km2 adjacent to the Company's Val-d'Or East
project. The Property, located 1 kilometre north-northeast of the recently
discovered Beliveau West gold zones, is contiguous with the Pascalis-Colombiere
property (see figures 1 and 2 on the Company's website at
www.adventure-gold.com). The Property is also located 3 kilometres east of the
Beaufor Mine owned by Richmont Mines, which has produced over 1M ounces of gold
(source: Richmont Mines press release dated March 23, 2010). Prospecting work is
already planned for this fall and a first drilling program should start as soon
as drilling resumes on Pascalis-Colombiere. 


The Property

The Property is located 26 kilometres east of Val-d'Or and is easily accessible
by gravel roads. The newly acquired claims encompass several proven gold
structures locally drill-tested at shallow depths which historically returned up
to 8.8 g/t Au over 2.2 metres (hole VP-83-13 drilled 1.1 km north-northeast of
the former Beliveau Mine - source: MRNF GM 40332). Geological compilation of
historical work also outlined the presence of surface gold showings with grab
samples up to 12 g/t Au (source: MRNF GM 40332). The Senneville deformation
zone, which cross-cuts the Property over a strike length of 5 kilometres, also
represents a large-scale exploration target where very little exploration work
has been conducted in the past. 


"With this acquisition, Adventure Gold secures a very strategic and prospective
land position adjacent to the Company's flagship Pascalis-Colombiere property
where we are currently discovering and defining new gold resources around the
former Beliveau gold mine. The new property already contains exploration targets
of interest - by using our expertise and skills in the area, we intend to better
define and drill-test those targets in the near future," stated Marco Gagnon,
President and CEO of Adventure Gold Inc.


For more information on the Property, please visit our website at
www.adventure-gold.com and see figures 1 and 2 available at:


http://media3.marketwire.com/docs/Figure1_ValDOrCamp_AGE_andOthers_12sept2012.pdf

http://media3.marketwire.com/docs/Figure%202_ValDOr_EastProject_12_sept_2012.pdf 

The Agreements 

Under the terms of the first agreement, the Company has acquired a 100% interest
in 43 claims from a subsidiary of Blue Note Mining Inc. by making cash payments
totalling $75,000 in two instalments, issuing 500,000 AGE shares and granting a
2.0% Net Smelter Return (NSR) royalty on the claims. The Company shall have the
right to purchase 1.0% of the NSR royalty at any time by paying $1,000,000.
Under the terms of the second agreement, the Company has acquired a 100%
interest in 8 additional claims from two independent prospectors by issuing
18,000 AGE shares and granting a 2.0% Net Smelter Return (NSR) royalty on the
claims. The Company shall have the right to purchase 1.0% of the NSR royalty at
any time by paying $1,000,000. The securities to be issued by the Company
pursuant to the agreements will be subject to a four-month hold period from
their date of issuance. These agreements are subject to regulatory approval.


Jules Riopel, P.Geo., Vice-President Exploration and Acquisitions, acting as the
Company's "Qualified Person" as defined by NI 43-101, has reviewed this press
release. 


Profile: 

Adventure Gold Inc. is a mineral exploration company focused on discovering
high-quality gold deposits in the Abitibi Greenstone Belt located in
northwestern Quebec and northeastern Ontario - one of the richest gold deposit
areas in the world. Adventure Gold holds quality assets in the Val-d'Or,
Rouyn-Noranda, Detour, Casa-Berardi and Timmins areas and is led by determined
management and technical teams with extensive exploration and mine production
experience. Adventure Gold is proud to count on highly regarded partners such as
Agnico-Eagle Mines Limited and Lake Shore Gold Corp. to explore its
advanced-stage gold properties. 


Follow Adventure Gold on:

Twitter: http://twitter.com/#!/Adventure_AGE

LinkedIn: http://www.linkedin.com/company/2253943

The foregoing information may contain forward-looking statements and events
relating to the future performance of the Company. Forward-looking statements,
specifically those concerning future performance, are subject to certain risks
and uncertainties, and actual results may differ materially. These risks and
uncertainties are detailed from time to time in the Company's filings with the
appropriate regulatory authorities. We seek safe harbour.
Adventure Gold Inc. (TSXV:AGE)
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