September 03, 2008 09:51 ET

Adventure Gold Makes a New Gold Discovery in the Val D'or Mining Camp

MONTREAL, QUEBEC--(Marketwire - Sept. 3, 2008) - Adventure Gold Inc. (TSX VENTURE:AGE) (the "Company") announces a new significant gold discovery on its 100%-owned Beaufor North gold exploration property, adjacent to the producing Beaufor Gold Mine operated jointly by Richmont Mines and Louvem Mines in Quebec. The discovery hole (BN-08-01), located 1 kilometre north of the Beaufor Mine and 400m southeast of its 100%-owned Resenor Gold deposit (see Figure 1 at www.adventure-gold.com), successfully intersected two previously unexplored gold structures returning values of 35.8 g/t over 0.5m and 6.6 g/t over 0.9m respectively. Adventure Gold's new gold discovery validates management's expectation that exploring near existing gold mines offers the opportunity for positive mining exploration.

"We are extremely pleased with this new near-surface gold discovery located between two gold deposits. This target will be drilled in late September, which may lead to the generation of new mineral resources," commented Marco Gagnon, President and CEO of Adventure Gold Inc.

The spring drill program consisted of two notable holes totalling 426m on the Beaufor North property. The first drill hole (BN-08-01), designed to test for gold structures at the contact between the Bourlamaque pluton and the volcanic rocks, intersected two gold-bearing quartz-tourmaline veins. The veins, in sheared diorite dykes, crosscut the altered and sheared Bourlamaque granodiorite near the contact with the volcanic rocks. The second hole (BN-08-02), designed to test a structure located in the southeast part of the property at the contact between mafic and ultramafic volcanic rocks, did not return significant gold values.

Table 1: Beaufor North Drill Results
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Drill Hole    UTM      UTM  Azimuth  Dip Length   From     To Thick     Au
             East    North                   (m)    (m)    (m)   (m)  (g/t)
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BN-08-01   310025  5338341       25  -65  225.0  158.9  159.4   0.5   35.8
                                                 197.3  200.7   3.4    2.9
                                           incl. 199.8  200.7   0.9    6.6
BN-08-02   311530  5337650      360  -45  201.0                          -
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A follow-up drill program is currently being designed to further define the mineralized structure. The program is slated to begin before the end of September.

Quality control

Assay samples are taken from the NQ core and sawed in half; with one-half sent to a commercial laboratory and other half retained for future reference. A strict QA/QC program is applied to all drill core samples, which includes mineralized standards, blank and field duplicates for each batch of samples. Analyses were completed by ALS Chemex of Val d'Or, QC and Laboratoire Expert inc. of Rouyn-Noranda, QC. The announced gold intersections are along the hole and further drilling is required to measure the true width. According to our geological interpretation, the estimated width of the gold intersections is more than 70% of the core length.

Fieldwork on the Beaufor North property was completed by InnovExplo inc., an exploration consulting firm of Val d'Or, QC. This press release was prepared under the supervision of Marco Gagnon, P. Geo. and President & CEO of Adventure Gold, who acts as the Company's Qualified Person, as defined by National Instrument 43-101.

Profile

Adventure Gold Inc. is a mining exploration company focused on discovering high quality gold deposits in the Abitibi greenstone belt located in north-west Quebec and north-east Ontario - one of the richest gold deposit areas in the world. Adventure Gold holds quality assets in the Val d'Or, Quebec and Timmins, Ontario areas and is lead by highly motivated management and technical teams with extensive exploration and mine production experience. The Company has allotted $1M for exploration activities and will be very active on its Val d'Or mining properties during the fall 2008.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.