AurCrest Announces Proposed Offering of Up to $1,000,000

AurCrest Gold Inc. (the "Company" or "AurCrest") (TSX VENTURE:AGO) wishes to
announce that it is offering up to 5,405,405 units of the Company at a price of
$0.185 per unit for gross proceeds of up to $1,000,000 (the "Offering"). Each
unit (a "Unit") will consist of one (1) common share of the Company and one-half
(1/2) share purchase warrant (each a "Warrant"). Each full Warrant will entitle
the holder to acquire an additional common share at the price of $0.30 per share
for twelve (12) months following Closing. The Company may pay finder's fees of
up to 8% cash plus up to 8% Compensation Options for funds raised by eligible
finders. Each Compensation Option entitles the finder to purchase one (1) common
share of the Company at a price of $0.185 for one year from Closing.


The financing is subject to regulatory approval. The proceeds of the private
placement will be used for working capital and to perform work on the Company's
Richardson Lake property including an IP survey, re-building the camp on the
property and performing 1000 metres of drilling to test IP targets on the
Discovery West area.


Cautionary Note Regarding Forward-Looking Statements: This Press Release
contains forward-looking statements that involve risks and uncertainties, which
may cause actual results to differ materially from the statements made. When
used in this document, the words "may", "would", "could", "will", "intend",
"plan", "anticipate", "believe", "estimate", "expect" and similar expressions
are intended to identify forward-looking statements. Such statements reflect our
current views with respect to future events and are subject to such risks and
uncertainties. Many factors could cause our actual results to differ materially
from the statements made, including those factors discussed in filings made by
us with the Canadian securities regulatory authorities. Should one or more of
these risks and uncertainties, such actual results of current exploration
programs, the general risks associated with the mining industry, the price of
gold and other metals, currency and interest rate fluctuations, increased
competition and general economic and market factors, occur or should assumptions
underlying the forward looking statements prove incorrect, actual results may
vary materially from those described herein as intended, planned, anticipated,
or expected. We do not intend and do not assume any obligation to update these
forward-looking statements, except as required by law. Shareholders are
cautioned not to put undue reliance on such forward-looking statements.