Kestrel Gold Announces Appointment of Director and Appointment of Members of the Compensation Committee and Audit Committee

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Kestrel Gold Inc. (the "Corporation") (TSX VENTURE:KGC) is pleased to announce
the election of a new director of the Corporation on March 15, 2013, the
appointment of a new Corporate Secretary of the Corporation and the appointment
of members of the Compensation Committee and the Audit Committee of the
Corporation, effective March 15, 2013.


Appointment of Director 

At the annual and special meeting of the holders of common shares ("Common
Shares") of the Corporation, held on March 15, 2013, Timothy J. Termuende did
not stand for re-election as a director of the Corporation. In his place,
Michael J. Perkins was elected as a member of the Corporation's board of
directors.  


Subsequent to his appointment as a director, Mr. Perkins resigned as Corporate
Secretary of the Corporation and, effective March 15, 2013, Debbie Fern of
Calgary, Alberta, was appointed as Corporate Secretary.  


The following is a brief description of the background and experience of Mr.
Perkins. 


Michael J. Perkins, Q.C. 

Mr. Perkins is a senior partner with Borden Ladner Gervais LLP, Barristers and
Solicitors and has practiced law in the area of securities and capital markets,
natural resources, and corporate and commercial law for in excess of 30 years.
In addition, he has acted as corporate secretary and/or director of over 20
public corporations listed on The Alberta Stock Exchange, Canadian Venture
Exchange Inc., (now the TSX Venture Exchange Inc.), the TSX Venture Exchange
Inc. and/or the Toronto Stock Exchange, engaged in the oil and natural gas,
mining, industrial, technology and venture capital industries. 


Mr. Perkins obtained his Bachelor of Arts in 1976 from the University of
Calgary, and Bachelor of Laws in 1980 from the University of Alberta. He was
admitted to practice law in the Province of Alberta in 1981.


Compensation and Audit Committee 

The directors of the Corporation appointed Kevin V. Nephin, Michael J. Perkins
and Marc J. Stachiw as members of the Compensation Committee and the Audit
Committee of the Corporation, effective March 20, 2013.


About Kestrel Gold Inc. 

Kestrel is a gold exploration corporation headquartered in Canada. Its principal
project is the King Solomon Dome property in Canada's Yukon Territory. Kestrel
is listed on the TSX Venture Exchange. 


For further information, please visit our website at www.kestrelgold.com.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Kestrel Gold Inc.
Kevin Nephin
President & CEO
[phone]
[e-mail]
www.kestrelgold.com