Q-Gold Announces 2011 Exploration Program for the Farewell and Gagaryah Platinum Properties in Alaska

Jun. 8, 2011 (Canada NewsWire Group) --

VANCOUVER, June 8, 2011 /CNW/ - Q-Gold Resources Ltd. (TSX VENTURE: QGR) (http://www.qgoldresources.com) is pleased to announce its 2011 exploration program for the Farewell and Gagaryah platinum properties in Alaska. The Farewell and Gagaryah claims are located in the Alaska Range, approximately 260 kilometres northwest of Anchorage, Alaska. On April 28, 2011 Q-Gold announced that it has signed a Letter of Intent with NYCON Resources Inc. for the exploration and development of the Farewell and Gagaryah platinum group nickel-copper (PGM-Ni-Cu) properties, located in the McGrath Mining District, Alaska.

During June and July of 2011 Q-Gold will conduct geochemical sampling programs including detailed channel sampling over target areas identified by airborne magnetic surveys. The target model at Farewell is a mafic-ultramafic intrusion-hosted Ni-Cu-PGM magmatic sulfide deposit within a magma flow-through feeder conduit to the basalt. Depending on the outcome of this first phase program, the company intends to conduct a follow-up program in September 2011.

The company plans to focus on the main targets on the Farewell claim block, Roberts PGM and Roberts South, but will also conduct geochemical sampling programs on the Chip Loy and Calc Silicate Ridge prospects as well as on the Gagaryah claims. The Roberts PGM target comprises a variably-oriented, anastamosing dyke- to sill- like body of olivine gabbro to peridotite ~430 metres in exposed strike by ~50 metres thick. Sampling by previous operators on the property revealed 2.27% Ni, 1.31% Cu, 8.03 ppm Pt and 7.64 ppm Pd (16.88 ppm Total PGE, with Ir+Os+Rh+Ru included) in a 0.46 metres rock chip sample taken at the base of the intrusion perpendicular to the contact with the hornfelsed shale and calc-silicate altered limestone; and another similar 0.61-m rock chip sample nearby assayed 2.32% Ni, 2.30% Cu, 6.30 ppm Pt and 5.74 ppm Pd (13.22 ppm Total PGE with Ir+Os+Rh+Ru included). Disseminated to blebby magmatic sulfides at a higher level within the intrusion, based on limited drilling to date, included 8.4 metres grading at 0.67% Ni, 0.32% Cu, 0.94 ppm Pt and 1.07 ppm Pd. Rock samples collected by previous operators also revealed silver grades up to 11.8 g/t and gold grades of 1.48 g/t.

All exploration work on the Farewell and Gagaryah properties will be conducted by Q-Gold's exploration contractor Pacific Rim Geological Consulting Inc. of Fairbanks, Alaska, under the supervision of Dr. Karsten Eden, Vice President Exploration of Q-Gold Resources Ltd. All sample shipments will be sent to ALS Chemex in Fairbanks, Alaska, for preparation and then on to ALS Chemex in Reno, Nevada, or Vancouver, B.C., for assay. ALS Chemex's quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Q-Gold will have its own quality control / quality assurance programs in place.

An extensive exploration data package was provided to Q-Gold by NYCON. This data was reviewed by Q-Gold's Vice President Exploration, Dr. Karsten Eden, a Qualified Person as defined by NI 43- 101, who approved the information contained in this release, but the data has not been independently verified.

ON BEHALF OF THE BOARD:
John Campbell, CEO

About Q-Gold Resources Ltd.
Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals on its Alaska, Ontario and Arizona prospects.

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Q-GOLD RESOURCES LTD.
c/o Mineral Creek Resources Inc.
Bank of America Building
Suite 508, 121 East Birch Avenue
Flagstaff, Arizona 86001
Ph: (928) 779-0166/Fax: 779-0107
www.QGoldResources.com