Adventure Gold Defines Quality Drill Targets and Starts New

Adventure Gold Defines Quality Drill Targets and Starts New
Geophysical Surveys on Its Detour Gold Trend Properties 
MONTREAL, QUEBEC -- (Marketwire) -- 11/14/12 -- Adventure Gold Inc.
(TSX VENTURE:AGE) (the "Company") announces the results of its first
phase of exploration on its Detour Quebec project along the Detour
Gold Trend ("DGT") in Abitibi, Quebec. New exploration work has
highlighted promising areas, particularly on the Casgrain property
where many geophysical anomalies (from Induced Polarization surveys)
close to strong till gold anomalies have been identified as potential
new gold-bearing zones. Compilation of previous work also highlighted
follow-up drilling targets along proven gold structures close to
positive historical drilling intercepts and grab samples (see figures
1 to 8 on the Company's website). Best targets include near-surface
follow-up drilling on intercepts grading 3.7 g/t Au over 4.0 metres,
18.3 g/t Au over 1.1 metres, and 3.7 g/t Au over 3.1 metres (MRN: GM
44767, GM 45980 and GM 57512). The Company also announces the
commencement of a 50-kilometre ground magnetic survey on the
Massicotte property. A 25-kilometre Induced Polarization ("IP")
survey should follow the magnetic survey early in 2013. 
Since last year, the Company has been quite active to explore its
Detour Quebec properties, completing 103 kilometres of IP surveys,
311 kilometres of ground magnetic surveys, and 912 kilometres of
high-definition helicopter-borne magnetic surveys. Detailed
geological and geophysical compilation maps of our DGT properties
initiated earlier are almost all completed, including the new
properties acquired last April (see press release dated April 19,
2012, available on the Company's website). The Company is now ready
to drill-test targets identified on the Casgrain and Sicotte
properties and intends to complete several geophysical surveys to
better define new drill targets on other Detour Quebec properties.  
The Detour Quebec project includes nine properties, 100%-owned by the
Company, totalling 747 claims and covering a surface area of 40,397
hectares or 404 km2 (see Figure 1). The Detour Quebec properties are
strategically located along the DGT over 80 km strike length and
encompass three major proven gold structures, namely the Sunday Lake,
Massicotte and Lower Detour/Grasset deformation zones. The DGT hosts
the Detour Lake gold deposit with NI 43-101 proven and probable
reserves of 15.6 M ounces of gold (from global measured and indicated
resources of 23.3 M ounces and inferred resources of 5.8 M ounces:
see Detour Gold Corporation press release dated January 25, 2012).
Adventure Gold's Detour Quebec properties are adjacent to Detour Gold
Corporation properties located on the Ontario border. 
"After doubling its land position along the Detour Gold Trend earlier
this year and becoming a major claim holder, Adventure Gold
successfully completed its first phase of exploration work by
identifying very promising drill targets. We believe that the size
and the characteristics of some IP anomalies defined may correspond
to disseminated sulphide zones associated with large gold systems. We
are now ready to make a significant discovery on the Casgrain
property and we will continue to advance our other DGT properties to
the drilling stage in the near future," stated Marco Gagnon,
President and CEO of Adventure Gold Inc.  
Casgrain property drill targets 
The contiguous Casgrain, Casgrain Extension, Gaudet and Nantel
properties cover more than 74 kilometres of the Lower Detour/Grasset
deformation zone, 60 kilometres of the Massicotte deformation zone
and 18 kilometres of the Sunday Lake deformation zone (see figures 2
and 3). Till gold anomalies, ranging from 1.0 g/t Au to 4.9 g/t Au,
compiled from historical reverse circulation holes drilled on these
properties outlined 8 possible distinct bedrock source areas along
the Sunday Lake, Massicotte and Lower Detour/Grasset deformation
zones. The possible bedrock source areas on the Casgrain property
were covered by 3 geophysical surveys performed by Abitibi Geophysics
earlier this year totalling 265 kilometres of ground magnetic and 93
kilometres of IP surveys (see Figure 4). The 5 remaining areas have
not yet been covered by new geophysical surveys. Details are as
follows: 


 
--  In the northeast area, 8 IP anomalies were defined. They are oriented
    E/W to ENE and located up-ice of till gold anomalies grading 2.2 g/t Au
    and 1.0 g/t Au;
 
--  For the southwest area, 10 IP anomalies were defined. They are oriented
    E/W to ENE and located up-ice of till gold anomalies grading 3.6 g/t Au
    and 1.7 g/t Au;
 
--  For the west area, 11 IP anomalies were defined. They are oriented E/W
    to ENE and located up-ice of a till gold anomaly grading 2.6 g/t Au. 

 
In the 3 areas, 14 IP anomalies associated with magnetic breaks have
been selected as priority drill targets. Considering the quality of
several IP trends, Abitibi Geophysics also recommends extending the
survey coverage.  
In the northern part of the Casgrain property, a 2.3-kilometre
segment of the Sunday Lake deformation zone has been locally tested
by short holes. Best drilling intersections (see longitudinal section
on Figure 5) returned 3.7 g/t Au over 3.1 metres and 3.7 g/t Au over
4.0 metres (MRN: GM 44767). Historical drilling results show multiple
low-grade intercepts associated with felsic dykes in altered and
deformed sediments. At least 4 distinct parallel gold zones were
identified and the thickness of the system remains unknown. Outside
of the 2.3-kilometre-long segment that has been locally drill-tested,
the Sunday Lake deformation zone remains largely unexplored on our
properties. 
Along the Massicotte deformation zone, between historical intercepts
grading 24.1 g/t Au over 2.5 metres close to the western boundary and
18.1 g/t Au over 1.1 metres in the eastern part of the property, very
few holes have been drilled (MRN: GM 46540 and GM 54101). This
represents a potentially prospective 35-kilometre-long segment of the
Massicotte deformation zone. 
Exploration potential for the discovery of volcanogenic massive
sulphide ("VMS") deposits also exists on the Casgrain property.
Historical diamond drilling successfully outlined a felsic centre
over 4.5 kilometres strike length and identified several exhalative
horizons which graded up to 1.8% Cu, 2.0% Zn and 7.8 g/t Ag over 1.0
metre (MRN: GM 24482 and GM 54101). Undrilled airborne
electromagnetic anomalies (Megatem survey; MRN: DP 2008-26) located
at the top of the felsic centre have been identified by compilation
work and represent interesting future drilling targets.  
New geophysical surveys on Massicotte property 
The Massicotte property is located 15 kilometres from the Detour Lake
mining project, on the Quebec/Ontario border (Figure 6). The property
hosts the Massicotte and the Lower Detour/Grasset deformation zones
over a strike length of 6 kilometres. Very limited exploration work
has been carried out on these gold structures on the property during
the last 25 years despite significant historical gold intercepts
respectively grading 4.1 g/t Au over 1.5 metres to the west (OGS
diamond drill hole database) and 7.8 g/t Au over 7.2 metres to the
east (MRN: GM 46540) on either side.  
Till gold anomalies, ranging from 1.0 g/t Au to 5.2 g/t Au, compiled
from historical reverse circulation holes drilled close to the
Ontario/Quebec border outlined 2 possible distinct bedrock source
areas in the northwest part of the Massicotte property. The Company
has already completed a ground magnetic survey over a first grid of
25 kilometres covering the possible bedrock sources and is currently
completing two new grids totalling 50 kilometres. The Company intends
to start a 25-km IP survey over the first grid early in 2013.  
Other Detour Quebec properties 
The Sicotte property is located 16 kilometres east of the former
Selbaie Mine, which produced 53 Mt @ 1% Cu, 1.9% Zn, 0.6 g/t Au and
4.1 g/t Ag between 1982 and 2005 (MRN: DV 2005-01). The property
hosts felsic volcanics related to the Selbaie Mine sequence and
encloses three gold showings of interest. The first one is the
Ruisseau Twinning showing, characterized by a network of
quartz-tourmaline sulphide-rich veins hosted in sheared diorite with
carbonate and sericite alteration. Mineralization in the diorite
consists mainly of disseminated pyrite, chalcopyrite and sphalerite.
Best historical grab samples graded between 8 and 54 g/t Au (MRN: GM
6256-A and GM 39935). Several short holes were drilled historically
in the area but missed the possible newly interpreted gold
structures. Following a 23-kilometre magnetic survey and a field
reconnaissance program, a 10-km IP survey was completed to fully
evaluate the extent of the gold system. A total of 14 chargeability
anomalies have been traced and 4 of them are considered as top
priority drilling targets (see Figure 7). Two other showings are
located north of the Lac Sicotte area. In the past, both showings
were tested by several shallow drill holes and subeconomic intercepts
were reported.  
The Manthet and Martigny properties are respectively located 15 and
25 kilometres from the Detour Lake mining project in Quebec, adjacent
and close to the Ontario border (see Figure 8). Very little
exploration work has been completed on these properties historically.
However limited drilling in one area outlined VMS-style gold, zinc
and copper mineralization. This geological environment shows some
similarities with the Martiniere project located to the east, where
Balmoral is actively exploring the Bug Lake Zone. To date, the
Company has completed 912 kilometres of high-definition
helicopter-borne magnetic surveys, including 469 kilometres on
Martigny and 443 kilometres on Manthet. New east/west and northwest
trends have been outlined by the new surveys and have been
interpreted as subsidiary faults of the Sunday Lake deformation zone.
The Company is now planning the next geophysical program which should
define drill-ready targets. 
For more information on the Detour Quebec properties, please see
figures 1 to 8 or visit our website at www.adventure-gold.com: 
http://www.adventure-gold.com/common/documents/Detour_Figure1_AllPro
p_12nov2012.pdf 
http://www.adventure-gold.com/common/documents/Detour_Figure2_Casgra
in_12nov2012.pdf 
http://www.adventure-gold.com/common/documents/Detour_Figure3_Gaudet
_12nov2012.pdf 
http://www.adventure-gold.com/common/documents/Detour_Figure4_Casgra
in_PP_mag_12nov2012.pdf 
http://www.adventure-gold.com/common/documents/Detour_Figure5_Casgra
inLong_8nov2012.pdf 
http://www.adventure-gold.com/common/documents/Detour_Figure6_Massic
otte_12nov2012.pdf 
http://www.adventure-gold.com/common/documents/Detour_Figure7_Sicott
e_13nov2012.pdf 
http://www.adventure-gold.com/common/documents/Detour_Figure8_Manthe
t_Martigny_13nov2012.pdf 
Quality Control 
Jules Riopel, P.Geo., Vice-President Exploration and Acquisitions,
acting as the Company's "Qualified Person" as defined by NI 43-101,
has reviewed this press release and has supervised the exploration
program on the Detour Quebec properties.  
Profile 
Adventure Gold Inc. is a mineral exploration company focused on
discovering and developing high-quality gold deposits in the Abitibi
region located in eastern Canada - one of the richest gold mining
areas in the world. Adventure Gold has become, in a few years, an
important player in the mineral exploration industry with one of the
best portfolios of exploration properties along the main gold-bearing
structures of the Abitibi Greenstone Belt. The Company is exploring
mainly close to gold mines where mining production infrastructure is
already in place, which distinguishes it from several other
exploration companies. Adventure Gold's exploration team consists of
mining professionals having worked previously for well-established
producing companies, who understand industry challenges. The Company
owns 100% of the rights on its three main projects namely: Val-d'Or
East, Detour Quebec and Casa-Cameron. The Val-d'Or East flagship
project encompasses the Pascalis-Colombiere property where Cambior
Inc. (now IAMGOLD) produced gold between 1989 and 1993 at the
Beliveau Mine. Close to the former mine, Adventure Gold recently
discovered a significant new gold system and is actively working on
its development. As disclosed in its latest financial statements, the
Company is well financed to apply its business plan. 
Follow Adventure Gold on: 
Twitter: http://twitter.com/Adventure_AGE  
LinkedIn: http://www.linkedin.com/company/2253943 
The foregoing information may contain forward-looking statements and
events relating to the future performance of the Company.
Forward-looking statements, specifically those concerning future
performance, are subject to certain risks and uncertainties, and
actual results may differ materially. These risks and uncertainties
are detailed from time to time in the Company's filings with the
appropriate regulatory authorities. We seek safe harbour. 
Neither 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 release. 
Contacts:
Marco Gagnon
President & CEO
450.743.5527
marco@adventure-gold.com 
Jules Riopel
Vice-President Exploration and Acquisitions
819.797.9770
jules@adventure-gold.com
www.adventure-gold.com
 
 
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