HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: BMK President
Kirk McKinnon stated that, "On behalf of the new management team, we gratefully acknowledge the opportunity presented to us by Telkwa Gold. Given Telkwa's exceptional properties in Nevada, Michael Marchand, P.Geol., wants to focus full time on the Company's exploration initiatives. With the existing infrastructure and skilled personnel in our other managed companies (MacDonald Mines Exploration, Uranium Star Corp. and VenCan Gold Corp.) coupled with the established relationships we enjoy in the financial markets in Toronto, we collectively believe we can maximize the exploration objectives of Telkwa Gold. We are focused on aggressively advancing Telkwa's current properties and will look to complete a first-phase financing in the near future. We are equally committed to enhance Telkwa's exploration programs in Nevada."
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