Golden Share Initiates Diamond Drilling at Berens River

Editors Note: There are 3 photos associated with this Press Release

Golden Share Mining Corporation ("Golden Share" or the "Company") (TSX
VENTURE:GSH) is pleased to announce that it has initiated a first pass diamond
drilling campaign on its Berens River project.


This initial campaign will consist in three diamond drill holes targeting :



--  Vein No.3 near surface, 
--  Vein No.3 at depth, 
--  Vein No.3 western extension.



The holes will also target Veins No.19 and 10 located directly to the north of
Vein No.3. For additional details on the geology of Berens River and location of
the drill holes, please see the attached three figures (the figures are also
available at: http://www.goldenshare.ca).


About Berens River

The Berens River property is located 200 km north of the city of Red Lake,
Ontario, and consists in 21 unpatented mining claims covering 37.6 km2. The past
producing Berens River Mine was operated by a subsidiary of Newmont Mining from
1939 to 1948 and produced 158,000 ounces of gold and 5.8 million ounces of
silver as well as 1.7 million pounds of zinc and 6.1 million pounds of lead. The
historical production originates from Vein No.1, which was mined by shaft No.1
sunk to a depth of 990 m although no production has been recorded below the 518
m level. A second shaft was sunk to a depth of 232 m on Vein No.3 but has not
yet entered into production.


The Berens River Mine gold-silver mineralized system comprises 10 strongly
silicified hydrothermally altered zones (historically called "Veins") developed
in steeply dipping, fracture-shear-fault systems with a general strike of 110
degrees and a 75 degrees dip towards the SSW that cross-cut the stratigraphy at
a high angle. The zones show thicknesses up to 4.50 m with lateral extents of up
to several hundred meters. 


Golden Share's initial surface reconnaissance program targeted Veins No.1, 3 and
19 and the highest grades obtained from surface outcrop grab samples were
returned by Vein No.19 with gold grades of up to 37.71 g/t Au (1.21 oz/t Au) and
silver grades of up to 1,630 g/t Ag (52.4 oz/t Ag). Notably, high grade zinc up
to 15.1 % Zn was also obtained from Vein No.3.


About Sandy Lake and Ackewance 

The Berens River project is located on the Sandy Lake First Nation ("Sandy
Lake") traditional territory. Golden Share has held several meetings with Sandy
Lake since acquiring the Berens project and in September 2012, Sandy Lake
representatives confirmed the endorsement of a gradual approach that would be
implemented in stages according to the phases of development of the project. 


In early 2013, Golden Share signed a strategic development agreement with
Ackewance Exploration and Services ("Ackewance") of Red Lake whereby Ackewance
will assist Golden Share in developing harmonious relationships with local
communities and First Nations in the Berens River area and will also provide
logistical services for future exploration programs.


Further to the agreement with Ackewance, a diamond drill was mobilized on the
Berens River Mine site this past winter and an agreement was obtained from Sandy
Lake to execute a first pass diamond drilling program on the property.


About Golden Share 

Golden Share Mining Corporation is a Canadian-based mining exploration company
developing a promising portfolio of properties in the mineral belts of eastern
Canada with a development strategy focused on a well-balanced property portfolio
in a politically stable environment with a history of rich mineral endowment. 


On July 25, 2013 shareholders of the Company approved the merger with Silvore
Fox Minerals Corp. ("Silvore Fox"), a Canadian junior explorer listed on the TSX
Venture Exchange (see press release dated July 25, 2013).


Golden Share's merger with Silvore Fox seeks to leverage the input of Sinotech
Minerals Exploration Co. Ltd. ("Sinotech"), a leading Chinese mineral
exploration and development company. Sinotech is a 50.03% shareholder of Beijing
Donia Resources Co. Ltd., which by virtue of the merger transaction, has become
Golden Share's largest shareholder with approximately 21.9% of its issued and
outstanding shares.


Sinotech recognizes the value of Golden Share's well balanced portfolio of gold
properties located in Quebec and Ontario and sees the merged entity as an ideal
platform to further develop its activities in exploration and development of
precious metals in North America, and notably in Eastern Canada, a politically
stable environment with a history of gold endowment.


About Sinotech

Sinotech's new structure was established in 2004 with the clear objective to
become a leading emerging metal producer. Its headquarters are located in
Beijing and Sinotech currently owns more than one hundred minerals projects all
over the world with direct involvement in the development of over twenty
subsidiary companies. Sinotech has established partnerships with all major
Chinese gold producers. It currently operates four mines in China for a variety
of metals including gold, silver, copper, lead, zinc, molybdenum and iron
generating a revenue over Yuan 500 M ($US 81 M) per year. In addition, two other
mines are currently under construction. On the exploration front Sinotech has
invested over Yuan 800 M ($US 130 M) in mainland China over the past three
years. Overseas, Sinotech has been actively pursuing exploration and mining
opportunities with strategic direct and indirect investments in five TSXV and
two ASX listed, well-funded, junior explorers developing projects for gold, base
metals and nickel in Africa and North America. For further details please see
the recent Sinotech corporate presentation on : http://www.goldenshare.ca.


Golden Share's exploration programs are executed under the supervision of Mrs.
Laurence Huss, M.Sc., P. Geo., a "Qualified Person" as defined in National
Instrument 43-101, and Vice-president Exploration of Golden Share. Philippe
Giaro, P.Geo., President and CEO of Golden Share and Qualified Person for Golden
Share, has reviewed and approved the content of this release.


FOR MORE INFORMATION, CONSULT: http://www.goldenshare.ca 

OR OUR FACEBOOK PAGE AT:
http://www.facebook.com/#!/profile.php?id=100001472712018&v=wall 


To view the photos associated with this press release, please visit the
following links: 


http://media3.marketwire.com/docs/GSM_Figure1.pdf
http://media3.marketwire.com/docs/GSM_Figure2.pdf
http://media3.marketwire.com/docs/GSM_Figure3.pdf

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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Golden Share Mining Corporation
Philippe Giaro, President & CEO
1-905-968-1153 or 32-473-52-30-29
[e-mail] or [e-mail]