True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") is
pleased to report that a metallurgical core drilling program at the Rambo
deposit ("Rambo") has returned high-grade gold mineralization within the
deposit, and confirmed the geometry of a well-defined southwest plunging
mineralized shoot. 


Significant gold intercepts obtained through drilling at Rambo, one of five gold
deposits at the Company's flagship Karma Gold Project ("Karma Project"),
include: 




--  9.99 g/t gold over 28.5 m, including 18.75 g/t gold over 4.0 metres and
    37.15 g/t gold over 4.0 metres in RMB-DD-13-081 
--  9.48 g/t gold over 22.0 m, including 41.90 g/t gold over 4.0 metres in
    RMB-DD-13-062 
--  9.39 g/t gold over 14.0 m, including 28.85 g/t gold over 4.0 metres in
    RMB-DD-13-083 
--  5.84 g/t gold over 14.0 m, including 28.00 g/t gold over 2.0 metres in
    RMB-DD-13-061 
--  4.53 g/t gold over 14.0 m in RMB-DD-13-060 
--  3.01 g/t gold over 16.0 m in RMB-DD-13-063



(See map on the True Gold Website for the location of the holes, or click on
this link: 

http://www.truegoldmining.com/sites/default/files/RamboDrillMap1306.pdf. For a
full table of results 

related to gold mineralization, please click on this link: 
http://www.truegoldmining.com/sites/default/files/RamboDrillResults1306.pdf)

"These results exceeded our expectations and include some of the best
intersections drilled to date at the Rambo property," said Dwayne Melrose,
President and CEO, True Gold. "The Rambo deposit is relatively high-grade, and
its early inclusion in the Karma Project operating plan offers opportunity to
accelerate payback in a manner not typically available to other bulk-tonnage,
heap leach developments."


Under current plans, Rambo is expected to be the first producing deposit at the
Karma Project. The Karma Project is undergoing a Definitive Feasibility Study
("DFS"), based on a 1.03 million ounce, in-pit indicated leachable resource
averaging 0.94 g/t Au (34.2 million tonnes)1. The DFS and 2013 exploration plans
for high priority targets at the Karma and Liguidi properties are fully funded.


The HQ-sized core drilling campaign at the Rambo deposit totaled 733 metres in
nine holes. The holes were drilled as part of a comprehensive column leach
sampling program to support the DFS and were designed to capture oxide,
transition and sulphide material within the core of the deposit. The holes were
drilled northerly on 25 metre spaced north-south sections, with dips ranging
from -45 to -90 degrees, and a maximum depth of 130.0 metres.


Ian Cunningham-Dunlop, P. Eng., Senior Vice President Exploration, is the
Company's designated Qualified Person for this news release within the meaning
of NI 43-101 and has reviewed and verified that the information contained in
this release is accurate and approves of the written disclosure of same. True
widths are estimated to be 65 to 90% of intersected widths. Samples were assayed
by ALS Chemex in Ouagadougou, Burkina Faso, West Africa. Assays were by Fire
Assay with AAS finish and repeats of all AAS assays over 1.0 g/t by Fire Assay
with gravimetric finish. Control samples (accredited standards, blanks and
duplicate samples at the preparation stage) were inserted on a regular basis
every ten samples. Results were monitored on receipt of assays. 


About True Gold 

True Gold Mining Inc. is where gold comes to life. We are committed to growing a
profitable gold exploration, development and production company, by focusing on
projects with low costs, low technical risks and solid economics. True Gold's
top-tier management, technical, and operations teams have discovered, built, and
operated mines around the globe - infusing True Gold with the depth and scope of
a major, while retaining the energy, agility, and entrepreneurial spirit of a
junior. 


Additional information about the Company and its activities may be found on the
Company's website at www.truegoldmining.com and under the Company's profile at
www.sedar.com.


ON BEHALF OF THE BOARD

Dwayne Melrose, President & CEO

Certain statements made and information contained in this news release and
elsewhere constitutes "forward-looking information" within the meaning of
Canadian securities legislation. Such forward-looking statements are based on
certain assumptions and are subject to risks and uncertainties which could cause
actual events or results to differ from those reflected in the forward-looking
statements, including, without limitation, with respect to statements regarding
the potential increase to mineral resources, the assumptions set forth in this
news release and in the Company's news release of October 3, 2012 and risks and
uncertainties relating to the interpretation of drill results and the estimation
of mineral resources, the geology, grade and continuity of mineral deposits, the
possibility that future exploration and development results or the results of a
Definitive Feasibility Study on the Karma Project will not be consistent with
the Company's expectations, accidents, equipment breakdowns, risk of
undiscovered, title defects and surface access, labour disputes, the potential
for delays in exploration and permitting activities, the potential for
unexpected costs and expenses, commodity price fluctuations, currency
fluctuations, political risk and other risks and uncertainties, including those
described under Risk Factors in each management discussion and analysis and in
the Company's annual information form which are available under the Company's
profile at www.sedar.com. Forward-looking information is based on various
assumptions including, without limitation, the expectations and beliefs of
management, the assumed long term price of gold, that the Company will receive
required permits and access to surface rights, that the Company can access
financing, appropriate equipment and sufficient labour and that the political
environment within Burkina Faso will continue to support the development of
environmentally safe mining projects. Should one or more of these risks and
uncertainties materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those described in forward-looking
statements. Accordingly, readers are advised not to place undue reliance on
forward-looking statements.


This news release may use the terms "measured", "indicated" and "inferred" as
these terms are defined under Canada's National Instrument 43-101. U.S.
Investors are advised that, while such terms are recognized and required by
Canadian regulations, they are not recognized by the United States Securities
and Exchange Commission ("SEC") and may not be comparable to similar information
for United States mining or exploration companies. As such, certain information
contained on this news release concerning descriptions of mineralization and
resources under Canadian standards is not comparable to similar information made
public by United States companies subject to the reporting and disclosure
requirements of the SEC. U.S. investors are cautioned not to assume that any
part or all of the mineral deposits described in these categories will ever be
converted into proven or probable reserves, as defined in the SEC's Industry
Guide No. 7.


(1) See the Company's news release dated October 3, 2012 and independent NI
43-101 compliant Technical Report titled "Technical Report and Updated Resource
Estimate on the Karma Project, Burkina Faso, West Africa," dated effective
October 1, 2012, filed on SEDAR (www.sedar.com) November 7, 2012.


FOR FURTHER INFORMATION PLEASE CONTACT: 
True Gold Mining Inc.
Vancouver Office
604-801-5020
info@truegoldmining.com


True Gold Mining Inc. - Investor Inquiries
Don Mosher
604-685-6465
info@truegoldmining.com


True Gold Mining Inc. - Media Inquiries
Ian Noble
604-809-8750
inbole@truegoldmining.com
www.truegoldmining.com

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