Kesselrun Resources' Bluffpoint Project Gold Zone Extended Along Strike for 3 kilometres

Kesselrun Resources' Bluffpoint Project Gold Zone Extended Along Strike for 3 
kilometres 
Grab sample results of 101.80 and 66.82 g/t Au 
THUNDER BAY, ON, Oct. 29, 2012 /CNW/ - Kesselrun Resources Ltd. (TSXV: KES) 
("Kesselrun") is pleased to announce grab sample assay results from the 
ongoing surface exploration at its flagship Bluffpoint project ("Bluffpoint") 
in northwestern Ontario. 
Highlights include: 


    --  101.80 g/t Au
    --  66.82 g/t Au
    --  13.66 g/t Au

These assay results are from samples taken from an area approximately 2300 
metres north along strike from the northern extent (see news release dated 
September 10(th), 2012) and 3000 metres north from the southern extent (see 
news release dated October 18(th), 2012) of the newly expanded Homestake 
Zone. Kesselrun's trenching program has now extended the Homestake Zone for 
approximately 700m. The grab sample assay results released today have 
extended the known gold mineralization on surface for approximately 3000m.

The goal of the surface exploration program is to follow up and expand on 
previous work to better define drill targets for a forthcoming drilling 
program this fall. Previous work by Homestake Canada Ltd. (now Barrick Gold 
Corporation) recognized the potential for the Bluffpoint project to host a 
large- tonnage granite hosted gold deposit.

Table 1 - Significant Grab Sample Results

 ________________________________
|Grab Sample #| Grade  | Grade   |
|             |(Au g/t)|(Au oz/t)|
|_____________|________|_________|
|    1294120  |   1.51 |   0.044 |
|_____________|________|_________|
|    1294121  |  13.66 |   0.398 |
|_____________|________|_________|
|    1294122  | 101.80 |   2.970 |
|_____________|________|_________|
|    1294123  |   2.73 |   0.080 |
|_____________|________|_________|
|    1294124  |  66.82 |   1.949 |
|_____________|________|_________|
|    1294129  |   5.08 |   0.148 |
|_____________|________|_________|
|    1294138  |   9.40 |   0.274 |
|_____________|________|_________|

Michael Thompson, P. Geo., President and CEO of Kesselrun stated, "We have now 
outlined three kilometers of gold mineralization on surface. Within this 
area we have a drill ready target of 700 metres in strike length and we look 
forward to an estimated start of drilling in the very near future."

Updated figures, including the trenching results, will be available on our 
website in the near future. Our corporate presentation is available on our 
website http://kesselrunresources.com/investors/presentations/

Kesselrun's flagship Bluffpoint Project consists of 103 mining claims covering 
22,512 hectares in Northwest Ontario's Wabigoon Subprovince, host to several 
recent gold discoveries such as Osisko's (TSX: OSK)Hammond Reef Project and 
Rainy River's (TSX: RR) Rainy River Project. Accessible year round by a 
network of well-maintained logging roads, Bluffpoint offers low cost 
exploration in an emerging prolific gold district.

Michael Thompson, P. Geo., President and CEO of Kesselrun, is the Qualified 
Person responsible forthe Bluffpoint project as defined by National 
Instrument 43-101 and has approved the technical information in this news 
release.

QA/QC

Kesselrun has implemented a quality control program for the trench sampling 
and planned drill program to ensure best practice in sampling and analysis. 
The planning, execution and monitoring of Kesselrun's quality control programs 
on the Bluffpoint project are under the supervision of Michael Thompson, P. 
Geo. Kesselrun maintains strict quality assurance/quality control protocols 
including the systematic insertion of certified standard reference and blank 
materials into each sample batch. Analyses in this release were performed by 
Accurassay Laboratories Ltd. of Thunder Bay, Ontario with ISO 17025 
accreditation. Samples are transported in security sealed bags to Accurassay 
and all samples were assayed using industry-standard assay techniques for 
gold. Gold was analyzed by a standard 30 gram fire assay with an AA and/or 
gravimetric finish.

About Kesselrun Resources Ltd.

Kesselrun Resources is a newly formed Thunder Bay, Ontario-based mineral 
exploration company focused on growth through property acquisitions and 
discoveries. Kesselrun's management team possesses strong geological and 
exploration expertise with particular experience in Northwest Ontario. For 
more information about Kesselrun Resources, please visit our website at 
www.kesselrunresources.com.

Forward Looking Statements

This release includes certain statements that may be deemed to be 
"forward-looking statements". All statements in this release, other than 
statements of historical facts, that address events or developments that the 
Company expects to occur, including without limitation, the private placement, 
are 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", "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. Factors that may cause the actual results to differ 
materially from those in forward-looking statements include gold prices, 
results of exploration and development activities, regulatory changes, defects 
in title, availability of materials and equipment, timeliness of government 
approvals, continued availability of capital and financing and general 
economic, market or business conditions. The Company cautions the foregoing 
list of important factors is not exhaustive. Investors and others who base 
themselves on the Company's forward-looking statements should carefully 
consider the above factors as well as the uncertainties they represent and the 
risk they entail. The Company believes that the expectations reflected in 
those forward-looking statements are reasonable, but no assurance can be given 
that these expectations will prove to be correct. Please see the public 
filings of the Company at www.sedar.com.

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.



Contacts:

Kesselrun Resources Ltd. Michael Thompson, P.Geo, President & CEO 
807.285.3323

Adam Rabiner, Corporate Communications 604.868.7881 or 1.866.416.7941 
information@kesselrunresources.com

SOURCE: Kesselrun Resources Ltd.

To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/October2012/29/c2660.html

CO: Kesselrun Resources Ltd.
ST: Ontario
NI: MNG PCS FIELD 

-0- Oct/29/2012 12:30 GMT


 
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