KG Klondike Gold Corp

KLONDIKE GOLD CORP. (TSX VENTURE:KG) (the "Company") is pleased to announce that
it has signed a twelve-month contract with MI3 Communications Financieres Inc.
("MI3") of Montreal, QC, to provide investor relations services to the Company
for a monthly fee of $3,000. Under the terms of this contract, the Company has
also granted two tranches of stock options. The first tranche of 250,000 stock
options is priced at $0.10, will be exercisable for two years, and will vest
over a 12 month period at 62,500 every 3 months. The second tranche of 250,000
stock options is priced at $0.20, and will begin to vest in 15 months with
62,500 options vesting every 3 months thereafter. The Company has an option to
renew this contract for an additional period of six to twelve months prior to
the completion of the agreement. MI3 is headed by Mario Drolet, who has
extensive experience in working with the investment community.


The Company also announces that it has granted incentive stock options on
3,500,000 shares in the capital of the Company to directors and officers of the
Company and 1,825,000 shares in the capital of the Company to consultants and
employees of the Company. The options are exercisable for a period of three
years at a price of $0.10 per share.


About Klondike Gold Corp.

Klondike Gold Corp. is a Canadian exploration company with offices in Vancouver,
British Columbia and Dawson City, Yukon. The Company is focused on the
development of its Yukon properties. In addition, the Company holds a large
portfolio of gold and base metal properties in southeastern British Columbia and
in Portugal.


Statements in this press release, other than purely historical information,
including statements relating to the Company's future plans and objectives or
expected results, may include forward-looking statements. Forward-looking
statements are based on numerous assumptions and are subject to all of the risks
and uncertainties inherent in resource exploration and development. As a result,
actual results may vary materially from those described in the forward-looking
statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Klondike Gold Corp.
Erich Rauguth
President & CEO
604-685-2222
604-685-3764 (FAX)
info@klondikegoldcorp.com
www.klondikegoldcorp.com

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