Q-Gold Resources has commenced the third phase of diamond drilling at the historic Foley Shaft area within its Mine Centre project in Northern Ontario

Q-Gold Resources has commenced the third phase of diamond drilling at the historic Foley Shaft area within its Mine Centre project in Northern Ontario

This press release contains 鈥渇orward-looking information鈥 within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company鈥檚 intention to continue its Phase 3 drilling program and the Company鈥檚 beliefs, plans, expectations or intentions regarding the Phase 3 program, the development potential of the Mine Centre Project (including the Company鈥檚 ability to establish a mineral resource), and the future, and other matters related thereto. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 鈥減lans鈥, 鈥渆xpects鈥 or 鈥渄oes not expect鈥, 鈥渋s expected鈥, 鈥渂udget鈥, 鈥渟cheduled鈥, 鈥渆stimates鈥, 鈥渇orecasts鈥, 鈥渋ntends鈥, 鈥渁nticipates鈥 or 鈥渄oes not anticipate鈥, or 鈥渂elieves鈥, or variations of such words and phrases or state that certain actions, events or results 鈥渕ay鈥, 鈥渃ould鈥, 鈥渨ould鈥, 鈥渕ight鈥 or 鈥渨ill be taken鈥, 鈥渙ccur鈥 or 鈥渂e achieved鈥. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: receipt of necessary approvals; general business, economic, competitive, political and social uncertainties; future mineral prices and market demand; accidents, labour disputes and shortages and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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