Gold Summit Engages First Canadian as Investor Relations Advisor

Gold Summit Corporation ("GSM" or the "Company") (TSX VENTURE:GSM) is pleased to
announce that it has retained First Canadian Capital Corp. ("First Canadian") as
a consultant to provide strategic marketing and corporate communications advice.
Under the terms of the agreement, Gold Summit will pay First Canadian C$5,000
per month for a six-month initial term and grant stock options at an exercise
price of C$0.20. First Canadian will assist Gold Summit in opening productive
and continuing dialogue with private investors, analysts, brokers, money
managers and other financial professionals.


First Canadian will generate awareness among the investment community as Gold
Summit advances exploration on the Monte Cristo and Sugar Loaf Peak gold
properties in Nevada. 


Dr. Anthony P. Taylor, Chief Executive Officer of Gold Summit stated, "We are
pleased to have First Canadian as our partner in an Investor Relations capacity.
First Canadian has a proven track record and a wealth of experience and contacts
from within our sector. We look forward to their involvement at this important
stage of our corporate growth and development."


Based in Toronto and in business for over a decade, First Canadian Capital Corp.
(www.firstcanadiancapital.com) and its principal, Jason Monaco, have assisted
numerous North American corporations in gaining exposure and recognition within
the global investment community. 


As at November 16, 2009, First Canadian and its principals, directly and
indirectly, own a total of approximately 150,000 common shares and 75,000 common
share purchase warrants of Gold Summit.


The agreement with First Canadian is subject to TSX Venture Exchange approval.

This news release contains forward-looking statements. These statements are
based on information currently available to GSM and GSM provides no assurance
that actual results will meet management's expectations. Forward-looking
statements include estimates and statements that describe GSM's future plans,
objectives or goals, including words to the effect that GSM or management
expects a stated condition or result to occur. Forward-looking statements may be
identified by such terms as "anticipates", "believes", "could", "estimates",
"expects", "may", "shall", "will", or "would". Since forward-looking statements
are based on assumptions and address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Actual results relating
to, among other things, results of exploration, project development, reclamation
and capital costs of GSM's mineral properties, and GSM's financial condition and
prospects, could differ materially from those currently anticipated in such
statements for many reasons such as: changes in general economic conditions and
conditions in the financial markets; changes in demand and prices for minerals;
litigation, legislative, environmental and other judicial, regulatory, political
and competitive developments; technological and operational difficulties
encountered in connection with the activities of the Company; and other matters
discussed in this news release. This list is not exhaustive of the factors that
may affect any of GSM's forward-looking statements. These and other factors
should be considered carefully and readers should not place undue reliance on
GSM's forward-looking statements. GSM does not undertake to update any
forward-looking statement that may be made from time to time by GSM or on its
behalf, except in accordance with applicable securities laws.


This news release includes certain "forward looking statements" within the
meaning of the United States Private Securities Litigation Reform Act of 1995.
Without limitation, statements regarding potential mineralization and resources
and reserves, exploration results, and future plans and objectives of the
Company are forward looking statements that involve various degrees of risk. The
following are important factors that could cause the Company's actual results to
differ materially from those expressed or implied by such forward looking
statements: changes in the world wide price of mineral commodities, general
market conditions, risks inherent in mineral exploration, risks associated with
development, construction and mining operations, the uncertainty of future
profitability and the uncertainty of access to additional capital.