Z-Gold Grants Stock Options

Z-Gold Exploration Inc. (TSX VENTURE:ZGG) is pleased to announce that the
Corporation has granted 1,400,000 stock options to directors, officers and
consultants of the Corporation, which can be exercised at a price of $0.10 per
share expiring on September 17, 2015.


Z-Gold Exploration also announces that at the Annual and General Meeting of
Shareholders held on August 28, 2012, the following directors were elected:
Rodrigue Tremblay, of Rouyn-Noranda, Quebec, Jacques Frigon, of Amos, Quebec,
Laurent Halle of Fabre, Quebec and Jean Roy of Timmins, Ontario.


The accounting firm of Dallaire & Lapointe Inc. was re-appointed as independent
auditors. The shareholders have also approved the continuation of the
Corporation's stock option plan. 


Subsequently to the Annual and General Meeting, the Board of Directors of the
Corporation held a Director's meeting and have appointed the following officers:
Rodrigue Tremblay, as President and Chief Executive Officer and Jacques Frigon
as Chief Financial Officer.


The following persons have been appointed to the Audit Committee: Rodrigue
Tremblay, Laurent Halle, and Jean Roy. Two members of this committee are
considered independent directors. 


About Z-Gold Exploration Inc.

Z-Gold has as its flagship property the Abitibi Gold Property located in Munro
Township in the famous Timmins mining camp. There are many surface gold showings
that require investigation by ground geophysical surveys and followed up by a
diamond drilling program. A recent airborne survey has successfully outlined
many EM and magnetic structural features. A geophysical feature similar to the
Croesus mine has been identified. The Abitibi Gold Property consists of 112
claims 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 press release was prepared by Z-Gold Exploration Inc.

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 place 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.