Laurentian Goldfields Files Technical Report for Madsen Gold Project

Laurentian Goldfields Ltd. ("Laurentian" or the "Company") (TSX VENTURE:LGF)
announces that the Company has filed a National Instrument 43-101 Technical
Report entitled "Technical Report for the Madsen Gold Project, Red Lake,
Ontario, Canada" with an effective date of February 18, 2014. The Technical
Report was prepared by Dr. Lars Weiershauser, PhD, P.Geo and Mr. Glen Cole,
P.Geo of SRK Consulting (Canada) Inc. (or "SRK"); independent qualified persons
as defined by National Instrument 43-101. The Technical Report can be found
under the Company's profile on SEDAR (www.sedar.com) or at the Company's website
(www.laurentiangoldfields.com).


The Technical Report supports the disclosure contained in Laurentian's news
releases dated December 19th, 2013 and January 14th, 2014 announcing the
acquisition of the Madsen Gold Project and Newman-Madsen property, respectively.
The Company announced completion of the Madsen Gold Project transaction on March
4th, 2014. The Newman-Madsen transaction is expected to close in March 2014.


About the Madsen Gold Project

Laurentian's 100%-owned Madsen Gold Project is located in the prolific Red Lake
Gold Camp of Northwestern Ontario and includes two former gold producers
(Madsen, Starratt-Olsen). The Madsen Gold Mine operated continuously from 1938
to 1974, and 1997 to 1999. Total recorded production is 7,872,679 metric tonnes
at an average recovered grade of 9.7 g/t Au (0.283 oz/ton) producing 2,452,388
ounces of gold. As reaffirmed in the Technical Report, the Madsen Gold Project
contains an Indicated mineral resource of 928,000 oz gold in 3.24 million tonnes
grading 8.93g/t Au, and an Inferred mineral resource of 297,000 oz gold in 0.79
million tonnes grading 11.74 g/t Au. Investors are cautioned that mineral
resources are not mineral reserves and do not have demonstrated economic
viability.


The Madsen Gold Project contains numerous other gold zones that currently do not
have defined mineral resources. These include but are not limited to;
Starratt-Olsen, Buffalo, Treasure Box, Fork Zone, and Russett South. In the
Technical Report SRK recommends a C$6.3 million work program to investigate the
mineral resource potential of these zones and the potential to expand the
current Mineral Resource. A near term focus of Laurentian will be to apply a new
and consistent exploration model to advance many of these exploration targets,
including desktop evaluation to prioritize and better define targets. Laurentian
will also focus its exploration efforts on developing additional targets along
the 12 km-long Madsen Mine Trend prior to initiating a drill program in summer
2014.


About Laurentian Goldfields Ltd.

Laurentian is led by a management team and board that comprise established
mining professionals with extensive knowledge of Red Lake, and proven technical
and capital markets expertise. The management and board are committed to
generating exceptional shareholder growth with a quality, high-grade, project
portfolio. Laurentian's focus is the exploration and development of the
high-grade gold Madsen Gold Project in the prolific Red Lake gold camp of
Northwestern Ontario. Laurentian intends to become a leading exploration company
by unlocking the value in numerous advanced-stage exploration targets and
previous gold producers along the 12 kilometre Madsen Mine Trend. In order to
reach this goal Laurentian consolidated ownership of the trend and will apply
modern-day exploration concepts and techniques not previously utilized. 


ON BEHALF OF THE BOARD OF DIRECTORS,

Darin Labrenz, P.Geo., President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) acc epts responsibility
for the adequacy or accuracy of this release. 


Cautionary Statement on Forward-Looking Information

This press release contains certain forward-looking statements, such statements
include, without limitation, Laurentian's plans and objectives to acquire the
Newman-Madsen Gold Property. All statements, other than statements of historical
facts, are forward-looking statements. The words "believe", "expect",
"anticipate", "contemplate", "target", "plan", "intends", "continue", "budget",
"estimate", "may", "will" and similar expressions identify forward-looking
statements. Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by the Company, are
inherently subject to significant business, economic and competitive
uncertainties and contingencies. Known and unknown factors could cause actual
results to differ materially from those projected in the forward-looking
statements. Such factors include, but are not limited to, fluctuations in the
price of gold and other commodities, changes in government legislation,
taxation, controls, regulations and political or economic developments in
Canada, risks associated with mining or development activities, the speculative
nature of exploration and development, including the risk of obtaining necessary
licenses and permits and the inability of Laurentian to complete the acquisition
of the Newman-Madsen Gold Property. Many of these uncertainties and
contingencies can affect the Company's actual performance and could cause actual
performance to differ materially from those expressed or implied in any
forward-looking statements made by, or on behalf of, the Company. Readers are
cautioned that forward-looking statements are not guarantees of future
performance. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
acknowledged in such statements. The Company disclaims any intention or
obligation to update or revise any forward-looking statements whether as a
result of new information, future events or otherwise, except to the extent
required by applicable laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Laurentian Goldfields Ltd.
Darin Labrenz
President and CEO
[phone]
[phone] (FAX)
[e-mail]
www.laurentiangoldfields.com