Klondike Gold Corp.: Private Placement Amendment

Klondike Gold Corp. (TSX VENTURE:KG) (the "Company") is pleased to report that
it is amending its private placement previously announced December 14, 2012. The
financing will now consist of the sale of up to $2,000,000 worth of flow through
and non-flow through shares of the Company priced at $0.10 and $0.08 per share
respectively with a maximum 25,000,000 shares to be sold.


This amendment is subject to regulatory approval and, in accordance with
Exchange policies, finders' fees in cash and/or shares may be paid on a portion
of the funds raised. Proceeds will be used for exploration expenditures on the
Company's Yukon and British Columbia properties, to fund the acquisition and
exploration of new mineral properties in Portugal and general working capital.


About Klondike Gold Corp. 

Klondike Gold Corp. is a Canadian exploration company with offices in Vancouver,
British Columbia and Dawson City, Yukon. The Company is focused on the
development of its Yukon and British Columbia gold properties. In addition the
Company holds a large portfolio of base metal projects in southeastern British
Columbia.


Statements in this press release, other than purely historical information,
including statements relating to the Company's future plans and objectives or
expected results, may include forward-looking statements. Forward-looking
statements are based on numerous assumptions and are subject to all of the risks
and uncertainties inherent in resource exploration and development. As a result,
actual results may vary materially from those described in the forward-looking
statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Klondike Gold Corp.
Erich Rauguth
President & CEO
604-685-2222
[e-mail]
WWW.KLONDIKEGOLDCORP.COM