2011 News

Advance Gold Corp. (the "Company") announces that Steve Bajic and Doug Billingsley have resigned as directors of the Company in order to pursue other business interests. The Company has appointed Debbie Silver to its Board of Directors to fill one of the vacancies created by the resignations of Steve Bajic and Doug Billingsley.

The Company further announces that Martin Bajic has resigned as Chief Financial Officer of the Company and that the directors have appointed Debbie Silver to replace Martin Bajic.

Ms. Silver was the Secretary and Chief Financial Officer of the Company from August 2006 and May 2007, respectively, until November 2010. Ms. Silver has been engaged in the administration of public reporting companies since 1997. Ms. Silver is currently administrator for Anglo Aluminum Corp.; Chief Financial Officer and Corporate Secretary for Cassidy Gold Corp.; and a Director, Corporate Secretary and Chief Financial Officer of Solace Resources Corp.

The Company thanks Steve Bajic, Doug Billingsley and Martin Bajic for their contribution to the Company and welcomes Ms. Silver to the Board and as Chief Financial Officer.

For additional information, please contact:
James T. Gillis, President and CEO
Telephone: (250) 314-0186

This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.

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 news release.

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