2017 News

Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce the appointment of Emily Hanson P.Geo to the position of Vice President -- Exploration, as well as a director of the Company. In addition, the Company is appointing Duke Greenstein as an independent director. Further, the Company announces that Christopher Wild and Osvaldo Iadarola have tendered their resignations as directors of the Company. The Board would like to thank Christopher and Osvaldo for their past contributions to the Company and wish them all the best.

Commenting on the appointment, Allan Barry Laboucan, President and CEO of Advance Gold Corp. said: "I've worked with Emily over a number of years and her skill set in geology will be important to advancing our projects. I'm thrilled to have her join the team. Her skills in compiling data and maintaining a geological information system will be crucial to the thorough exploration of our projects.

Duke has plenty of experience in management of complex manufacturing systems and contract negotiations, as well as sales and marketing. He has been someone in my personal network for years, that I've leaned on for business and negotiating advice, I look forward to his input to our board as an independent director.

Additionally, our project vending partner's geologist, Jose de Jesus Parga, a resident of Zacatecas, and a well-respected Mexican geologist has joined our exploration team as an advisor. Jose has worked in the Zacatecas area for many decades and has an excellent knowledge of both the geology and mining in the region.

Together, Emily Hanson and Jose de Jesus Parga give us an outstanding exploration team."

About Emily Hanson

Emily Hanson graduated with a BSc in Earth and Ocean Sciences from the University of British Columbia in 2004, followed by an MSc in Economic Geology from Rhodes University, South Africa in 2006. Her master's dissertation was a DeBeers funded project which utilized principles of sedimentology and erosion to re-model South African kimberlite diatremes. Miss Hanson began her career as a consultant sedimentologist for DeBeers in the Democratic Republic of the Congo. Later moving onto diamond projects in Northwest Territories and Nunavut, and various gold projects in British Columbia. She additionally worked with a uranium services company contracting out to companies throughout the world on green field exploration projects. Throughout her career she has utilized GIS in her work as an exploration geologist. Emily is also a director and VP Exploration with Alset Minerals Corp., a publicly listed company.

About Duke Greenstein

Duke Greenstein is a businessman with extensive experience in management of complex manufacturing systems for some of the most well-known consumer brands. He also has extensive experience in contract negotiations, and in sales and marketing. His skill set will help with guidance in several areas as we advance our projects. He is joining the board as an independent director.

The Company's Board of Directors is comprised of:

  • James T. Gillis, Chair
  • Allan Barry Laboucan, President & Chief Executive Officer
  • Jeffrey S. Ackert
  • Emily Hanson, Vice President -- Exploration
  • Duke Greenstein
  • Ali Afif Fawaz.

About Advance Gold Corp. (AAX.V)

Advance Gold is a TSX-V listed junior exploration company focused on exploring and acquiring mineral properties containing precious metals. The Company currently has a 14% intereston the Kakamega advanced gold project in Kenya. The remaining 86% of the Kakamega project is held by Acacia Exploration Kenya Ltd. If Advance Gold elects to be diluted to less than 10% of the project, it retains an uncapped 3% NSR.

By news release dated February 27, 2015, Acacia Exploration Kenya announced a maiden NI 43-101 compliant Inferred Mineral Resource Estimate of 1.31 million ounces of gold at 12.1 grams per tonne at the adjoining West Kenya Project.

In addition, Advance Gold has recently acquired a 100% interest in the Tabasquena Silver Mine in Zacatecas, Mexico.

For further information, please contact:

Allan Barry Laboucan, President and CEO
Phone (604) 505-4753

www.advancegold.ca

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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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