Key Gold Holding Appoints Graham Warren as CFO and Grants Options

Key Gold Holding Inc. (TSX VENTURE:KGH) is pleased to announce the appointment
of Mr. Graham Warren to the positions of Chief Financial Officer, Corporate
Secretary and Director of the Corporation effective immediately. The appointment
is subject to TSX-V approval.


Mr. Warren is a senior financial executive with over 25 years of experience with
emerging companies in the oil and gas, mining, environmental, biotech and
software sectors. He has extensive operations, international business, corporate
finance and public market experience. Mr. Warren has served as Chief Financial
Officer and Director of several public issuers. He holds a B.Comm. degree from
Concordia University and a C.M.A. designation from the Society of Management
Accountants.


"We welcome Graham to our senior executive team. His appointment as CFO is
another important step in positioning Key Gold for success," said Louis Lessard,
President and Chief Executive Officer. "He brings the experience, leadership and
appropriate financial discipline necessary to recognize and capitalize on future
opportunities, as well as providing significant experience with the financial
community".


The Board of Directors of Key Gold will now comprise Mr. Louis Lessard,
Chairman, President and Chief Executive Officer, Mr. Graham Warren, CFO and
Corporate Secretary, Mr. Robert Seguin, Mr. Claude St-Hilaire and Mr. Rick G.
Bonner.


In other news, the Corporation also announces that the Board of Directors has
approved the cancellation of an aggregate 400,000 stock options which were
exercisable at $0.21 per share, until January 31, 2016. Concurrently with the
cancellation, the Corporation has granted 900,000 stock options to Officers,
Directors and a Consultant of the Corporation. Each option entitles the holder
to purchase one common share of the Corporation at a price of $0.34 per share
for a period of five years. 


About Key Gold Holding Inc. 

Key Gold Holding Inc. is a mineral exploration company that is mainly focused on
the acquisition, exploration and development of gold and copper properties.