Kaminak Gold* (KAM : TSX-V : $4.36), Net Change: 0.52, % Change: 13.54%, Volume: 1,077,486

Breakthrough! Shares of Kaminak were off and running Thursday, breaking through the $4-mark. Shares of Kaminak have performed exceptionally well of late given the sell-off in the junior gold sector and the more than 3.5 million shares (from a March financing) that came free-trading July 4. Kaminak is one of the leaders in the second coming of the Yukon gold rush and so far this summer has continued to deliver positive results. Most recently, Kaminak announced the results from the first three diamond core holes drilled in 2011 at the Latte Zone, which included high-grade intersections of 9.6 g/t gold over 17 m and 17.4 g/t gold over 7 m. Management highlighted that these new holes at Latte Zone successfully extended the strike of mineralization an additional 100 m towards the west beyond the extent of the gold-in-soil trend, and intersected a wide highgrade zone over two successive drill sections. President and CEO Rob Carpenter stated, "Drilling two of the highest grade intervals to date, and outside of the gold-in soil anomaly, are major milestones for the Coffee property." On Wednesday night, Kaminak announced that an aggressive 2011 soil sampling program (in addition to the current drill program) has begun on the company's 100%-owned Coffee Gold Project, located in the White Gold District, Yukon. Priority targets include: extensions to the existing high tenor anomalies within the core Coffee area, systematic grid sampling over last year's newly-defined Sugar trend gold-in-soil anomaly, and comprehensive first pass ridge and spur soil sampling across the remainder of the property. Gold mineralization at Coffee is associated with regional scale structural corridors, and to date, only approximately 10% of prospective targets have been systematically sampled.