LKA Gold Welcomes Canadian Geologist and Former Advisor to Board of Directors

LKA Gold Welcomes Canadian Geologist and Former Advisor to Board of Directors

PR Newswire

GIG HARBOR, Wash., April 18, 2013

GIG HARBOR, Wash., April 18, 2013 /PRNewswire/ --LKA Gold Incorporated
(OTCQB: LKAI) announced today that Mr. Francois Viens has joined LKA's Board
of Directors.

Francois Viens is the former Vice President of Business Development and
Exploration for Cambior, Inc., a major Canadian gold producer, prior to its
acquisition by IAMGOLD Corp in 2006. Previously, Mr. Viens was Vice President
Exploration for Ariane Gold and Hope Bay Gold Corp. and most recently, CEO of
Bear Lake Gold. Mr. Viens is a geological engineer with extensive experience
exploring and developing multi-million ounce gold deposits in North and South
Americas. In 2006, during his tenure with Cambior, Mr. Viens recommended and
received Cambior's Board approval for an LKA-Cambior joint venture, which gave
Cambior the right to earn a fifty percent interest in LKA's Golden Wonder mine
for $18 million in exploration and development expenditures. Cambior's
acquisition by IAMGOLD shortly thereafter prevented the joint venture from
being finalized.

Mr. Viens stated, "It is with great pleasure and excitement that I join LKA's
Board. The Golden Wonder deposit offers great opportunity for additional
exploration both locally and regionally. The mine mineralization could also be
related to a bigger hydrothermal system potentially linked with the Eureka
Graben fracture system which played an important role in the location of some
other gold veins known to the W-SW of Lake City area (Sunnyside, Idarado).
Major Gold-Tellurides deposits are known elsewhere in the world (Cripple Creek
in Colorado, 24 M oz district – Golden Sunlight & Zortman-Landusky in Montana,
4.1 M oz – Emperor in the Fiji, 10 M oz – and Porgera in Papouasie New-Guinea,
10 M oz). There is no guarantee that the Golden Wonder area may contain such a
resource but the potential grades of that kind of structure and the fact that
they occur in complex systems of veins, breccias and dissemination offers
great exploration opportunities. The spectacular gold grades encountered at
the mine also put us in a favourable position amongst our peers. Our business
is all about gold and at the end of the day… Nothing Beats The Grade." 

LKA's Board Chairman, Kye Abraham, commented; "Mr. Viens has been a trusted
advisor for several years. His industry experience has proven invaluable, as
we've assessed joint venture and financing proposals in recent years. His
knowledge of high-grade telluride deposits of this type (Golden Wonder) has
also been helpful as we've advanced our exploration program. We are extremely
honored to have Francois officially join the LKA Board."

Mr. Viens addition to LKA's Board of Directors became effective on April
15^th, 2013.

About LKA Gold & The Golden Wonder Mine
From 1998 through the second quarter of 2006, LKA's Golden Wonder mine, with a
single mining crew, produced over 133,701 ounces of gold from ore with an
average grade of 16.01 oz. (453.8 grams) per ton ($207 million at today's
price) making it one the richest gold mines in North America. In 2009, LKA
commenced an exploration program to re-establish reserves and return the mine
to commercial production. Since then, LKA's has shipped bulk ore samples
containing more than 2,942 ounces of gold resulting in net gold sales of $3.3
million. Average ore grades during this exploration program have exceeded
1.52 ounces (43 grams) per ton. Investors are cautioned that a commercially
viable ore reserve has yet to be established and there can be no assurance
that one will be.

Safe Harbor Statement

LKA's plans to resume/expand Golden Wonder production are subject to a number
of conditions including, but not limited to, favorable geology, successful
exploration efforts, favorable financing terms/availability, permits, gold
prices, market conditions, etc. Mining and related activities are inherently
high-risk endeavors and there can be no assurance that LKA will be successful.
This press release contains certain forward-looking statements. Statements
contained in this press release that are not purely historical are considered
forward-looking. When used in this press release, the words "plan", "target",
"anticipate," "believe," "estimate," "intend" and "expect" and similar
expressions are intended to identify such forward-looking statements. Such
forward-looking statements include, without limitation, the statements
regarding LKA International, Inc.'s future plans for exploration and/or
production, future expenses and costs, future liquidity and capital resources,
and estimates of ore, ore grades and mineralized material. All forward-looking
statements in this press release are based upon information available to LKA
International, Inc. on the date of this press release and the Company assumes
no obligation to update any such statements. Forward-looking statements
involve a number of risks and uncertainties, and there can be no assurance
that such statements will prove to be accurate. The Company's actual results
could differ materially from those discussed in this press release. Factors
that could cause or contribute to such differences include, but are not
limited to, those discussed in the Company's reports filed with the Securities
and Exchange Commission.

Company Contact:

LKA Gold Incorporated
Kye Abraham, President
(253) 514-6661
info@lkagold.com
http://www.lkagold.com

Investor Contact:

Riverview Capital
Jonathan Barkman, President
(610) 390-2199
jbarkman@riverviewcapitalent.com

SOURCE LKA Gold Incorporated

Website: http://www.lkagold.com
 
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