Z-Gold Exploration Inc. ("Z-Gold" or the "Corporation")(TSX VENTURE:ZGG)
announces that its common shares listed on the TSX Venture Exchange Inc. which
were suspended from trading as a result of being cease-traded in Alberta since
May 5, 2010, in Ontario since May 7, 2010 and in British Columbia since May 11,
2010, for failure by Z-Gold to file its audited annual financial statements for
the financial year ended December 31, 2009, the management's discussion and
analysis relating thereto and the certificates of the Corporation's Chief
Executive Officer and Chief Financial Officer (the "Required Filings"), in
accordance with National Instrument 51-102 Continuous Disclosure Obligations and
National Instrument 52-109 Certification of Disclosure in Issuer's Annual and
Interim Filings.


On May 25, 2010, the Required Filings have been filed on SEDAR by the
Corporation. On June 8, 2010, the cease trade orders issued by the Ontario
Securities Commission, the Alberta Securities Commission and the British
Columbia Securities Commission were revoked.


The Corporation has been advised by the TSX Venture Exchange Inc. that trading
in the shares of the Company is scheduled to be reinstated on June 15, 2010.


About Z-Gold Exploration Inc.

The head office of Z-Gold is located at 15, rue Gamble East, Suite 204,
Rouyn-Noranda, QC J9X 3B6. Z-Gold Exploration Inc. is exploring for gold in the
Abitibi Greenstone Belt.


Z-Gold has acquired the Munro Gold property located in the Timmins mining camp.
The Munro Property consists of five mining leases containing 85 claims (91
units) located approximately 86 kilometres east northeast of the city of Timmins
in the Larder Lake Mining Division, Ontario.


Z-Gold Exploration Inc. is a publicly listed company trading on the TSX Venture
(ZGG).


This document may contain forward-looking statements relating to Z-Gold's
operations or to the environment in which it operates. Such statements are based
on operations, estimates, forecasts and projections. They are not guarantees of
future performance and involve risks and uncertainties that are difficult to
predict and may be beyond Z-Gold's control. A number of important factors could
cause actual outcomes and results to differ materially from those expressed in
forward-looking statements, including those set forth in other public filling.
In addition, such statements relate to the date on which they are made.
Consequently, undue reliance should not placed on such forward-looking
statements. Z-Gold disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, save and except as may be required by applicable securities
laws.