Laurentian Goldfields Ltd. Announces Exploration Program for Goldpines North Joint Venture

Laurentian Goldfields Ltd. (TSX VENTURE:LGF) ("Laurentian") is pleased to
announce that exploration has commenced on the Goldpines North Joint Venture
("GPNJV"), a 75/25 joint venture with partner Kinross Gold Corporation
("Kinross") located 35 kilometres (km) southeast of Red Lake, Ontario. Budgeted
expenditures for the two-phase program are approximately $265,000, with
Laurentian contributing 25% and Kinross 75% as per the terms of the GPNJV. The
exploration program will advance both the North Sea and Kwai gold geochemical
anomalies through surface and top-of-bedrock sampling, with results from this
program being used to refine and prioritize gold targets for drill testing. 


North Sea and Kwai Anomalies

The North Sea target is a large, 5 km by 2 km gold, arsenic and antimony MMI
soil and lake sediment anomaly located at the northeast end of the GPNJV. The
anomaly is underlain by mafic volcanic rocks, and is bisected by the East Lake
fault which is correlated to a prominent linear magnetic feature. Rock sampling
has returned up to 0.907 parts per million (0.91 g/t) gold (Au) from an area of
iron-carbonate alteration, and up to 0.489 parts per million (0.49 g/t) Au from
rocks bearing quartz-tourmaline stringer veins.


The Kwai anomaly is a large, 6 km by 3 km coincidental gold, arsenic and
tungsten MMI soil anomaly associated with a foliated granodiorite located on
west side of the GPNJV. Follow-up channel and grab samples collected from
quartz-vein bearing, foliated diorite returned up to 0.662 parts per million
(0.66 g/t) Au. 


Goldpines North Joint Venture (GPNJV)

The GPNJV arose from the Uchi Exploration Alliance between Laurentian and
Kinross. The Property was staked in 2010 after regional hydrogeochemical
sampling identified anomalous gold concentrations in Pakwash Lake. Currently,
Laurentian has a 25% ownership in the GPNJV with Kinross holding the remaining
75%. Kinross recently increased their stake in the property from 50 to 75% by
fully funding $1.5 million in exploration over the past two years. 


The technical contents of this release have been reviewed and approved by Mr.
Mark J. Pryor, Pr.Sci.Nat., Vice President Exploration for Laurentian Goldfields
Ltd. and a Qualified Person pursuant to National Instrument 43-101. 


About Laurentian Goldfields Ltd.

Laurentian is a team of highly skilled exploration professionals focused on the
acquisition, exploration and development of high quality gold properties in
Canada. The Company advances its prospective projects through the use of its
internal technical team, extensive network of exploration industry specialists
and by engaging the financial support of major mining companies through
exploration alliances and joint venture agreements. Laurentian is committed to
increasing shareholder value through the identification and acquisition of new
exploration opportunities and the advancement and growth of its current
portfolio of projects. 


ON BEHALF OF THE BOARD OF DIRECTORS,

Darin Labrenz, P.Geo., President and CEO

Some statements in this news release contain forward-looking information. These
statements include, but are not limited to, statements with respect to mineral
potential and planned exploration, development and production activities. These
statements address future events and conditions and, as such, involve known and
unknown risks, uncertainties and other factors, which may cause the actual
results, performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the statements.
Such factors include, among others, realized mineralization of properties and
the timing and success of future exploration, development and production
activities.